Global Cement Boards market will reach 15900 million US$ by the end of 2025
Published Date: 2019/1/24
Cement boards are made of mixtures of cement, water and either reinforcing fibres or particles. The resulting mix is formed into sheets or continuous mats, stacked (and/or pressed), dried and trimmed to size.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status and international competition. Also, there is fluctuation in gross margin. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
The global Cement Boards market is valued at 10700 million US$ in 2017 and will reach 15900 million US$ by the end of 2025, growing at a CAGR of 5.1% during 2018-2025.
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