Freedonia In The News
Article Title: Study: U.S. fiber cement demand growing at 8.5% annual rate
Publication: Home Channel News, 1/31/2014
Freedonia Study: Fiber Cement (3128)
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According to a new Freedonia Group study, U.S. demand for fiber cement products is expected to grow at an 8.5% annual rate, reaching 2.9 billion sq. ft. (valued at $2.2 billion) by 2017.
"Advances will be driven by a rebound in residential building construction spending, particularly in the new housing segment," explained Freedonia Group analyst Matt Zielenski. The study also highlights the role of fiber cement's "favorable aesthetic and performance properties."
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