Fiber Cement


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Fiber Cement

US demand to rise 8% annually through 2017
Fiber cement products have seen sharp increases in use since their introduction to the US in the early 1990s. Siding made from fiber cement took market share from wood siding because it offers homeowners a similar aesthetic appearance, but requires much less maintenance and is more resistant to damage caused by exposure to the elements and insect attack. Over the last two decades, fiber cement products have continued to see increasing use in building construction applications as construction professionals became more familiar with the material.

US demand for fiber cement products is forecast to rise 8.0 percent annually to 2.8 billion square feet in 2017, valued at $2.7 billion. Advances will be spurred by a rebound in residential building construction spending, particularly in the new housing segment. Growth will be further spurred by increasing use of fiber cement products because of their favorable aesthetic and performance properties.

New housing to be fastest growing market
The new housing market will register the most rapid growth in fiber cement demand through 2017, advancing nearly 16 percent annually as housing starts rise from their low 2012 base. Home builders will be more likely to specify siding and exterior trim made from fiber cement because it can be made to look like brick and stone. Other builders may select fiber cement siding because it is seen as more attractive than vinyl.

Residential improvement and repair uses accounted for the largest share of fiber cement products demand in 2012. Consumer interest in bathroom renovation projects supported demand for fiber cement backerboard installed beneath decorative tile flooring and bathtub and shower surrounds. Going forward, demand will be aided by a favorable lending environment that will make it easier for homeowners to take out home equity loans to fund improvement projects such as siding replacement and tile floors.

Nonresidential demand for fiber cement is forecast to rise steadily through 2017, spurred by rebounding nonresidential building construction. Fiber cement products will increasingly be specified by architects and contractors because they can be made to resemble more expensive materials, such as brick and natural stone.

Siding applications to offer best growth opportunities
Siding accounted for the largest share of fiber cement products demand in 2012 with two-thirds of the market. Fiber cement siding has seen an increase in its share of US siding demand over the past decade as builders and homeowners became more familiar with the performance and aesthetic advantages of the material. Siding made from fiber cement has largely supplanted wood siding, because fiber cement is nearly impervious to degradation and requires less maintenance than wood. Through 2017, fiber cement siding demand will grow rapidly, fueled by rebounding housing starts. Fiber cement is less expensive than brick, which will give rise to opportunities in the South, where brick is currently the most popular siding material. Fiber cement is also seen as a more attractive alternative to vinyl siding, which will promote the adaptation of the material in the Midwest and Northeast.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table FIBER CEMENT DEMAND
  • MARKET ENVIRONMENT
    • General
    • Macroeconomic Overview
      • Table MACROECONOMIC INDICATORS
    • Demographic Trends
      • Table POPULATION & HOUSEHOLDS
    • Consumer Trends
      • Consumer Spending
        • Table PERSONAL CONSUMPTION EXPENDITURES
      • Consumer Financing
        • Table CONSUMER FINANCING ENVIRONMENT, 2002-2012
    • Building Construction
      • Table BUILDING CONSTRUCTION EXPENDITURES
      • Residential Buildings
        • Table RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES
        • Table NEW HOUSING INDICATORS
        • Table HOUSING STOCK BY TYPE
        • Table CHART II-1 YEAR OF CONSTRUCTION OF HOUSING STOCK, 2012
        • Table CHART II-2 NUMBER OF BATHROOMS IN NEW HOUSING UNITS, 2002-2012
        • Table RESIDENTIAL IMPROVEMENT & REPAIR EXPENDITURES
      • Nonresidential Buildings
        • Table NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES
        • Table NONRESIDENTIAL BUILDING IMPROVEMENT & REPAIR EXPENDITURES
    • Historical Market Trends
      • Table FIBER CEMENT DEMAND, 2002-2012
      • Table CHART II-3 FIBER CEMENT DEMAND, 2003-2012
    • Environmental & Regulatory Considerations
      • Building Codes
      • Green Building Standards
      • Environmental Concerns
      • Worker Safety
    • Foreign Trade
      • Table FIBER CEMENT FOREIGN TRADE
  • MATERIALS
    • General
      • Table MATERIALS USED IN FIBER CEMENT
      • Table CHART III-1 MATERIALS USED IN FIBER CEMENT, 2012
    • Sand
      • Table SAND USED IN FIBER CEMENT
    • Portland Cement
      • Table PORTLAND CEMENT USED IN FIBER CEMENT
    • Cellulosic Materials
      • Table CELLULOSIC MATERIALS USED IN FIBER CEMENT
    • Other Materials
      • Table OTHER MATERIALS USED IN FIBER CEMENT
    • Paints
      • Table PAINTS USED ON FIBER CEMENT
  • APPLICATIONS
    • General
      • Table FIBER CEMENT DEMAND BY APPLICATION
      • Table CHART IV-1 FIBER CEMENT DEMAND BY APPLICATION, 2012
    • Siding
      • Siding Outlook
        • Table SIDING DEMAND
      • Fiber Cement Siding Demand
        • Table SIDING DEMAND FOR FIBER CEMENT
      • Historical Overview
      • Characteristics
      • Competitive Materials
    • Backerboard
      • Backerboard Outlook
        • Table BACKERBOARD DEMAND
      • Fiber Cement Backerboard Demand
        • Table BACKERBOARD DEMAND FOR FIBER CEMENT BY END USE & MARKET
      • Characteristics
      • Competitive Materials
    • Molding & Trim
      • Molding & Trim Outlook
        • Table MOLDING & TRIM DEMAND
      • Fiber Cement Molding & Trim Demand
        • Table MOLDING & TRIM DEMAND FOR FIBER CEMENT
      • Characteristics
      • Competitive Materials
    • Other Applications
      • Table OTHER APPLICATIONS DEMAND FOR FIBER CEMENT
      • Other Fiber Cement Products Demand
      • Characteristics
  • MARKETS
    • General
      • Table FIBER CEMENT DEMAND BY MARKET
      • Table CHART V-1 FIBER CEMENT DEMAND BY MARKET, 2012
    • Residential
      • Table RESIDENTIAL FIBER CEMENT DEMAND BY MARKET & APPLICATION
      • New
        • Table NEW RESIDENTIAL FIBER CEMENT DEMAND
      • Improvement & Repair
        • Table RESIDENTIAL IMPROVEMENT & REPAIR FIBER CEMENT DEMAND
      • Demand by Housing Type
        • Table RESIDENTIAL FIBER CEMENT DEMAND BY HOUSING TYPE
        • Table SINGLE-FAMILY HOUSING FIBER CEMENT DEMAND
        • Table MULTIFAMILY HOUSING FIBER CEMENT DEMAND
        • Table MANUFACTURED HOUSING FIBER CEMENT DEMAND
    • Nonresidential
      • Table NONRESIDENTIAL FIBER CEMENT DEMAND BY MARKET & APPLICATION
      • New
        • Table NEW NONRESIDENTIAL FIBER CEMENT DEMAND
      • Improvement & Repair
        • Table NONRESIDENTIAL IMPROVEMENT & REPAIR FIBER CEMENT DEMAND
      • Demand by Building Type
        • Table NONRESIDENTIAL FIBER CEMENT DEMAND BY BUILDING TYPE
        • Table OFFICE & COMMERCIAL FIBER CEMENT DEMAND
        • Table INSTITUTIONAL FIBER CEMENT DEMAND
        • Table INDUSTRIAL & OTHER FIBER CEMENT DEMAND
  • REGIONS
    • General
    • Regional Demographic & Economic Activity
      • Population Patterns
        • Table POPULATION BY REGION
      • Economic Outlook
        • Table GROSS DOMESTIC PRODUCT BY REGION
      • Construction Activity
        • Table CONSTRUCTION EXPENDITURES BY REGION
      • Housing Trends
        • Table REGIONAL HOUSING INDICATORS
    • Regional Fiber Cement Demand
      • Table FIBER CEMENT DEMAND BY REGION
      • Table CHART VI-1 FIBER CEMENT DEMAND BY REGION, 2012
      • Northeast
        • Table NORTHEAST FIBER CEMENT DEMAND BY SUBREGION & APPLICATION
      • Midwest
        • Table MIDWEST FIBER CEMENT DEMAND BY SUBREGION & APPLICATION
      • South
        • Table SOUTH FIBER CEMENT DEMAND BY SUBREGION & APPLICATION
      • West
        • Table WEST FIBER CEMENT DEMAND BY SUBREGION & APPLICATION
  • INDUSTRY STRUCTURE
    • General
    • Market Share
      • Table CHART VII-1 US FIBER CEMENT MARKET SHARE BY COMPANY, 2012
    • Competitive Strategies
    • Manufacturing
    • Research & Development
    • Marketing
    • Distribution
      • Big-Box Retailers
      • Specialty Suppliers
      • Direct Distribution
    • Acquisitions, Divestitures, & Cooperative Agreements
    • Company Profiles
      • Akzo Nobel NV
      • Badger Mining Corporation
      • Building Materials Corporation of America
      • Canfor Corporation
      • Central Fiber LLC
      • Dow Chemical Company
      • Ecolab Incorporated
      • Elementia SA de CV
      • Fomentos de Construcciones y Contratas SA
      • Hardie (James) Industries plc
      • Imerys SA
      • Mercer International Incorporated
      • Nextwire LLC
      • Nichiha Corporation
      • PPG Industries Incorporated
      • Saint-Gobain
      • Siempelkamp (G.) GmbH & Company KG
      • Standex Engraving LLC
      • Trinity Industries Incorporated
      • US Silica Holdings Incorporated
      • Valspar Corporation
      • Votorantim ParticipaƧƵes SA
      • Xerium Technologies Incorporated

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