Freedonia In The News
Article Title: Report tracks moderate growth in fiber cement product demand
Publication: Concrete Products, 6/1/2015
Freedonia Study: World Fiber Cement (3273)
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Global fiber cement product shipments are projected to expand 4.4 percent per year through 2019, to 32.6 million metric tons, driven especially by growing demand in North America and deeper penetration in building applications, according to a new Freedonia study, World Fiber Cement.
Over the next five years, it projects strongest growth in the exterior molding and trim segment, coupled with continued gains in siding. Between 2004 and 2014, Freedonia researchers find, siding stands to nearly double its market share in the U.S., which accounts for about one third of overall fiber cement product shipments world wide.
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