세계 섬유 시멘트 레인 스크린 패널 시장 : 제품 유형별, 건설 유형별, 최종 사용자별, 지역별, 기회, 예측(2017-2031년)

Global fiber cement rainscreen panels market is projected to witness a CAGR of 10.02% during the forecast period 2024-2031, growing from USD 20.80 billion in 2023 to USD 44.66 billion in 2031. The growth of the market, including fiber cement panels, contributes to improved thermal insulation and energy efficiency in buildings with rising energy costs and a focus on reducing carbon footprints, this aspect is becoming increasingly significant in the fiber cement rainscreen panel market on a global level.

Fiber cement rainscreen panels are necessary due to their durability, strong quality, and minimal upkeep needs. Fiber cement panels provide superior thermal insulation, aligning with the growing focus on energy efficiency in any construction project. The demand for these panels is rising as emerging markets continue to spur new development, along with global creation activities expanding globally. Energy efficiency, adaptability in terms of aesthetics, and durability make fiber cement panels a wise choice for any kind of construction, aligning with the industry's broader trends toward sustainability and innovation. The performance and economic feasibility of these panels have increased due to technological advancements and affordable features compared to other traditional products available in the market, along with their versatile aesthetic appeal to create good design for designers and architects. The panels are a sensible option due to their longevity, low maintenance needs, and improvement of thermal insulation, which aligns with the increased emphasis on energy efficiency. Demand for fiber cement rainscreen panels is increasing due to the growth of global and Asian construction activities and emerging markets for fiber rainscreen cement panels.

For instance, in 2023, Allura USA launched fiber cement panels in multiple finishes and textures, appealing to builders and designers aiming for specific visual outcomes in residential and commercial projects, product availability with different features, boosting the demand for the fiber cement rainscreen panel market.

Rising Demand for Sustainable and Eco-friendly Building Solutions Driving Market Expansion

Fiber cement rainscreen panels enhance the thermal performance of buildings, improving energy efficiency by minimizing the need for heating and cooling, which in turn lowers utility bills and improve the overall quality with less cost. Their compatibility with green building certifications, such as LEED and BREEAM, adds to their appeal, as these certifications increasingly demand materials that support sustainability goals. Regulatory pressures and incentives promote eco-friendly construction to boost the global market for fiber cement panels. As technological advancements continue to make fiber cement panels more efficient and cost-effective, their popularity is set to rise in the forecast period, especially in the Asian market, meeting the growing demand for materials that combine environmental responsibility with aesthetic flexibility and practical performance and provide price benefits to users and help to create a sustainable environment.

Together, these factors create a robust environment for expanding the fiber cement rainscreen panels market as the industry adapts to meet the rising demand for environmentally responsible and energy-efficient building solutions.

For instance, in 2023, GAF Materials Inc., a construction-based material company launched a new product line of sustainable fiber cement products under the GAF WeatherSide brand. These kinds of products are designed with a focus on eco-friendliness, utilizing recycled materials and innovative manufacturing processes that reduce carbon emissions and boost the overall market on a global scale.

Urban and Semi-urban Development and High-density Housing Projects to Fuel the Market Growth

High-density housing projects, including apartments, house complexes and mixed-use developments, require materials that can withstand the rigors of urban environments while maintaining visual appeal. Fiber cement rainscreen panels offer customers excellent weather resistance, strong built quality, low maintenance and customization of the products as well as long-lasting durability, making them a preferred choice for developers and builders working on large-scale residential and commercial construction projects.

As urbanization surges, the need for effective, attractive, and sustainable building solutions is expected to grow. Fiber cement rainscreen panels fit this need perfectly, supporting the design and functional requirements of new urban developments. This alignment with the evolving demands of city growth and high-density living drives increased adoption of cement panels and contributing to the market's expansion across the globe.

For instance, in 2024, The Asian Development Bank (ADB) has recently approved a substantial USD 181 million loan to fund a major urban development project, a move poised to significantly impact the fiber cement rainscreen panels market. This financing is set to fuel extensive infrastructure and high-density residential developments across key Asian urban areas. These panels offer significant advantages in high-density settings where durability and maintenance are critical, as they withstand harsh weather conditions, resist pests, and require minimal upkeep.

A wide range of textures, colors, and finishes allows architects and builders to achieve diverse and striking designs, which is increasingly important in competitive urban landscapes where visual appeal and architectural innovation are highly valued. The need for these panels is further driven by the growth of infrastructure projects, such as public buildings, retail establishments, and office buildings. These panels offer a fashionable and functional solution to contemporary construction issues. Fiber cement rainscreen panels are expected to gain increased demand as urban areas continue to densify. This is because they can satisfy the needs of modern urban development while maintaining their aesthetic appeal.

Europe to Dominate the Fiber Rainscreen Cement Panels Market Share

Europe dominates the share of the global fiber rainscreen cement panels market, owing to the combination of regulatory, technological, and other market factors. One of the primary reasons for Europe's dominance is its strong regulatory framework in the region, which emphasizes energy efficiency, sustainability for a better future, and safety in construction and overall building activity. The rigorous building codes and standards in the European Union necessitate high-performance materials and fiber rainscreen cement panels to meet the requirements effectively, along with managing costs and attracting multiple players to compete in Europe.

Other significant factors contributing to the dominance of the European market are advanced technological capabilities and the integration of AI in the region. Apart from European countries, such as Italy and Germany, are known for their robust research and development infrastructure, which fosters innovation in building materials. This has led to continuous improvements in the performance and aesthetics of fiber rainscreen cement panels. European manufacturers are introducing advanced products that offer enhanced functionality and visual appeal to maintain a competitive edge in the global market.

European companies strong emphasis on sustainability and environmental responsibility has further fueled the demand for fiber rainscreen cement panels. These panels have gained popularity due to their eco-friendly attributes in the panels, including durability, recyclability, and minimal maintenance needs from customer sides. The alignment with Europe's green building initiatives and sustainability goals makes fiber rainscreen cement panels a preferred choice for architects and builders focused on reducing environmental impact.

Many major players are present in Europe that focus on product quality and product line, which help Europe to dominate, for instance, in 2023, Etex Group announced the launch of its FibreCement product line, which includes new rainscreen panels specifically designed for energy-efficient buildings.

Aesthetic Appeal and Design Flexibility to Increase Demand for Ultra-Thin Panels

The increasing demand for ultra-thin panels can be largely attributed to their remarkable aesthetic appeal and design flexibility, which has become a crucial factor in modern architecture and interior design. The rise in demand for ultra-thin panels is driven by the desire to maximize space in residential and commercial environments. In urban settings where spaces are limited, the slim profile of these panels helps to optimize usable space without compromising structural integrity. Ultra-thin panels enable architects to design spacious and open interiors, providing a sense of airiness and lightness that is highly desirable in modern living and working environments.

One of the primary reasons for the growing popularity of ultra-thin panels is their sleek and contemporary appearance. Whether used on building facades, in interior spaces, or as a part of high-tech installations, ultra-thin panels provide a streamlined aesthetic that enhances the overall visual appeal of a project. This modern look satisfies the aesthetic demands of clients and aligns with the broader trends toward minimalist and sophisticated designs. Ultra-thin panels can be used in innovative ways to create visually engaging patterns, textures, and colors that contribute to the uniqueness of a building or space. This flexibility enables architects and designers to explore new creative possibilities and achieve custom designs that stand out in a crowded market. The ability to use these panels in unconventional ways, such as curving around surfaces or integrating them into complex architectural features, further underscores their versatility.

For instance, in 2022, Cemstone, a global construction based product company, launched panels in various finishes and colors, mimicking natural materials such as wood and stone. The panels can be customized in thickness and size according to customers demand and allowing for innovative designs in commercial and residential construction projects.

Future Market Scenario (2024 - 2031F)

The fiber cement rainscreen panels market is projected to experience growth from 2024 to 2031, driven by accelerating urbanization rate, high income, specific design needs, and technological advancements, leading to a heightened focus on sustainability across the globe.

Technological innovations in manufacturing are expected to enhance product efficiency, overall quality and reduce product costs, making these panels more competitive. The growing emphasis on green building standards and sustainability will further boost their adoption.

Evolving architectural design trends that demand aesthetic versatility, along with customization, are expected to drive the demand in the forecast period, while continued economic growth and real estate development will support the market expansion of fiber rainscreen cement panels.

North America is focusing on renovations and sustainability upgrades. Overall, the convergence of these factors will shape a vibrant and expanding market for fiber cement rainscreen panels in the forecast period.

Key Players Landscape and Outlook

On a global level, rapid urbanization and an increasing number of high-density housing and commercial projects create a substantial demand for durable and versatile building materials. Fiber cement rainscreen panels are ideal for these applications due to their strength, weather resistance, and low maintenance requirements. Rapid urbanization and rising high-density housing and commercial projects worldwide have led to a significant demand for durable and versatile building materials.

For instance, in November 2022, ETEX Group announced the acquisition of URSA Insulation, S.A. The acquisition aims to maintain a strong presence on a global level and focus on sustainable building solutions, including plasterboard, cement, and other construction materials.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Product and Market Intelligence
• 4.2. Mode of Brand Awareness
• 4.3. Factors Considered in Purchase Decisions
  • 4.3.1. Features and Other Value-Added Service
  • 4.3.2. Infrastructure Compatibility
  • 4.3.3. Installation Guidelines

5. Global Fiber Cement Rainscreen Panels Market Outlook, 2017-2031F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Product Type
    • 5.2.1.1. Ultra-Thin Panels
    • 5.2.1.2. Thick Panels
    • 5.2.1.3. Super Thick Panels
    • 5.2.1.4. Conventional Panels
  • 5.2.2. By Construction Type
    • 5.2.2.1. New Construction
    • 5.2.2.2. Renovation
  • 5.2.3. By End-user
    • 5.2.3.1. Residential
    • 5.2.3.2. Commercial
    • 5.2.3.3. Industrial
  • 5.2.4. By Region
    • 5.2.4.1. North America
    • 5.2.4.2. Europe
    • 5.2.4.3. Asia-Pacific
    • 5.2.4.4. South America
    • 5.2.4.5. Middle East and Africa
  • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2023)
• 5.3. Market Map Analysis, 2023
  • 5.3.1. By Product Type
  • 5.3.2. By Construction Type
  • 5.3.3. By End-user
  • 5.3.4. By Region

6. North America Fiber Cement Rainscreen Panels Market Outlook, 2017-2031F*

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Product Type
    • 6.2.1.1. Ultra-Thin Panels
    • 6.2.1.2. Thick Panels
    • 6.2.1.3. Super Thick Panels
    • 6.2.1.4. Conventional Panels
  • 6.2.2. By Construction Type
    • 6.2.2.1. New Construction
    • 6.2.2.2. Renovation
  • 6.2.3. By End-user
    • 6.2.3.1. Residential
    • 6.2.3.2. Commercial
    • 6.2.3.3. Industrial
  • 6.2.4. By Country Share
    • 6.2.4.1. United States
    • 6.2.4.2. Canada
    • 6.2.4.3. Mexico
• 6.3. Country Market Assessment
  • 6.3.1. United States Fiber Cement Rainscreen Panels Market Outlook, 2017-2031F*
    • 6.3.1.1. Market Size Analysis & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share Analysis & Forecast
      • 6.3.1.2.1. By Product Type
        • 6.3.1.2.1.1. Ultra-Thin Panels
        • 6.3.1.2.1.2. Thick Panels
        • 6.3.1.2.1.3. Super Thick Panels
        • 6.3.1.2.1.4. Conventional Panels
      • 6.3.1.2.2. By Construction Type
        • 6.3.1.2.2.1. New Construction
        • 6.3.1.2.2.2. Renovation
      • 6.3.1.2.3. By End-user
        • 6.3.1.2.3.1. Residential
        • 6.3.1.2.3.2. Commercial
        • 6.3.1.2.3.3. Industrial
  • 6.3.2. Canada
  • 6.3.3. Mexico

All segments will be provided for all regions and countries covered

7. Europe Fiber Cement Rainscreen Panels Market Outlook, 2017-2031F

• 7.1. Germany
• 7.2. France
• 7.3. Italy
• 7.4. United Kingdom
• 7.5. Russia
• 7.6. Netherlands
• 7.7. Spain
• 7.8. Turkey
• 7.9. Poland

8. Asia-Pacific Fiber Cement Rainscreen Panels Market Outlook, 2017-2031F

• 8.1. India
• 8.2. China
• 8.3. Japan
• 8.4. Australia
• 8.5. Vietnam
• 8.6. South Korea
• 8.7. Indonesia
• 8.8. Philippines

9. South America Fiber Cement Rainscreen Panels Market Outlook, 2017-2031F

• 9.1. Brazil
• 9.2. Argentina

10. Middle East and Africa Fiber Cement Rainscreen Panels Market Outlook, 2017-2031F

• 10.1. Saudi Arabia
• 10.2. UAE
• 10.3. South Africa

11. Value Chain Analysis

12. Porter's Five Forces Analysis

13. PESTLE Analysis

14. Market Dynamics

• 14.1. Market Drivers
• 14.2. Market Challenges

15. Market Trends and Developments

16. Case Studies

17. Competitive Landscape

• 17.1. Competition Matrix of Top 5 Market Leaders
• 17.2. SWOT Analysis for Top 5 Players
• 17.3. Key Players Landscape for Top 10 Market Players
  • 17.3.1. Saint-Gobain SA
    • 17.3.1.1. Company Details
    • 17.3.1.2. Key Management Personnel
    • 17.3.1.3. Products and Services
    • 17.3.1.4. Financials (As Reported)
    • 17.3.1.5. Key Market Focus and Geographical Presence
    • 17.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 17.3.2. Etex Group
  • 17.3.3. James Hardie Industries plc
  • 17.3.4. Nichiha Corporation
  • 17.3.5. FGF Limited
  • 17.3.6. American Fiber Cement Corporation
  • 17.3.7. USG Corporation
  • 17.3.8. Kingspan Group
  • 17.3.9. Cladding Corp
  • 17.3.10. ALUSAN ALUMINYUM SAN. VE TIC. A.S.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

18. Strategic Recommendations

19. About Us and Disclaimer