• Global asbestos-free fiber cement board market size was valued at USD 17.15 billion in 2024. The market is projected to grow from USD 18.05 billion in 2025 to USD 24.03 billion by 2032, exhibiting a CAGR of 4.8% during the forecast period.
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• The global market for asbestos-free fiber cement boards is witnessing significant growth, supported by increasing awareness about health risks, stringent environmental and safety regulations, and rising construction activities. Made from a blend of cement, sand, and alternative reinforcing fibers like cellulose, these boards provide strong resistance to fire, durability, and are considered environmentally safer compared to traditional asbestos-based materials. As urbanization and sustainable building practices gain momentum particularly across Asia-Pacific, North America, and Europe manufacturers are incorporating advanced production techniques, lightweight designs, and eco-conscious materials to cater to expanding residential, commercial, and industrial needs.
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Siding & Cladding
Roofing
Interior Wall Partitions
Flooring & Underlayment
Others
•James Hardie (Ireland)
•Etex Group (Belgium)
•Swisspearl Group (Switzerland)
•Mahaphant (Thailand)
•Elementia (Mexico)
•Everest Industries (India)
•Hong Leong Industries (Malaysia)
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