Fiber Cement Market Share, Trends and Forecast Report | By Players, Types, Applications and Regions
Market Insight Fiber Cement Market is projected to be worth USD 24.87 Billion by 2028, registering a CAGR of 5.59% during the forecast period (2021–2028), The market was valued at USD USD 16.4 billion in 2020. We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak. Primary Boosters and Challenges With the halt in operations at manufacturing units in the fiber cement market share along with the stoppage of the construction sites following the lockdown, the demand rates have gone down significantly since the COVID-19 outbreak. The onset of the SARS-CoV-2 pandemic has been brutal on the housing segment, as the global economy has dipped and discretionary spending has taken a hit. The novel coronavirus is a significant emergency of a great magnitude and its after-effects have put huge financial stress on the government, puncturing the spending capacity of construction vendo...