Rising Adoption of Non-Combustible Building Materials Boosting the Fiber Cement Market
The global fiber cement market, valued at USD 13.62 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 4.08% from 2025 to 2034, driven by increasing demand for durable, fire-resistant, and low-maintenance building materials in both residential and commercial construction. Fiber cement—a composite material composed of cellulose fibers, cement, sand, and...
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