Fiber Cement Market is forecast to rise 8.0 percent annually to 2.8 billion square feet in 2017

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Fiber Cement to 2017byFreedonia Group

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Fiber Cement to 2017

• This study analyzes the US fiber cement products
  industry. It presents historical demand data for
  2002, 2007 and 2012, and forecasts for 2017 and
  2022 by material (e.g., sand, portland cement,
  cellulosic materials), application (e.g., siding,
  backerboard, molding and trim), market (e.g.,
  residential, nonresidential) and US region. The
  study also considers market environment factors,
  details industry structure, evaluates company
  market share and profiles industry participants.
• 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
  home- owners 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
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Fiber Cement to 2017

• 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.
• Complete report spread across 253 pages available
  _at_ http//www.rnrmarketresearch.com/fiber-cement-to
  -2017-market-report.html .

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Fiber Cement to 2017

• 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.
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  h.com/contacts/discount?rname146215 .

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Fiber Cement to 2017

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Fiber Cement to 2017

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