Product Code: ETC045484 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Fiber Cementâ market currently, in 2023, has witnessed an HHI of 6491, Which has decreased moderately as compared to the HHI of 7642 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India fiber cement market is expected to reach an estimated value of USD 10.7 billion by 2026, registering a CAGR of 9.4% during the forecast period (2020-2026). The demand for fiber cement products has significantly increased in recent years due to its several advantages such as durability, fire resistance and low maintenance cost which make it more appealing compared to other traditional building materials like wood and brick. Moreover, government initiatives for promoting green construction activities have further augmented the growth of the industry over the past few years.
Growing Demand from Construction Sector: With rapid urbanization across India and infrastructure development being one of the key focuses areas for Government investments; construction sector has been witnessing strong growth thus driving strong demand from Fiber Cement product end use sectors including residential & commercial buildings, bridges & roads etc., Increasing Preference towards Green Buildings: Due to increasing awareness about environmental issues amongst consumers coupled with various favorable regulatory policies formulated by Indian Government encouraging sustainable construction practices; there has been a growing preference towards green buildings in recent times. This trend is likely to further fuel up demand for fiber cement products as they are environment friendly when compared to other conventional building materials such as bricks or woods etc., Rising Demand from External Wall Cladding Applications: There has been significant rise in external wall cladding applications owing to factors such as improved aesthetic appeal along with insulation property provided by these claddings against extreme temperature conditions outside. This factor will also boost up overall sales volume of Fiber Cement products in near future across India region.
Volatility In Prices Of Raw Materials And Energy Costs : As raw material prices remain volatile along with rising fuel costs, it poses a major challenge before players operating in this industry. Additionally, high transportation costs associated with bulk delivery of goods may further influence total production cost margins negatively thereby resulting into higher selling prices ultimately leading into loss in customer base on account of price sensitivity among buyers . Poor Accessibility To Remote Areas : Delivery challenges faced while accessing remote areas could possibly be another tough challenge faced by companies operating within this domain since many far flung regions lack accessibilities which could hinder their chances at capturing newer marketshare within untapped regions thereby resulting into reduced profitability opportunities which might affect long term business prospects adversely.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Fiber Cement Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fiber Cement Market Revenues & Volume, 2020 & 2030F |
3.3 India Fiber Cement Market - Industry Life Cycle |
3.4 India Fiber Cement Market - Porter's Five Forces |
3.5 India Fiber Cement Market Revenues & Volume Share, By Material Type, 2020 & 2030F |
3.6 India Fiber Cement Market Revenues & Volume Share, By Application Type, 2020 & 2030F |
3.7 India Fiber Cement Market Revenues & Volume Share, By End Use Type, 2020 & 2030F |
4 India Fiber Cement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Fiber Cement Market Trends |
6 India Fiber Cement Market, By Types |
6.1 India Fiber Cement Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 India Fiber Cement Market Revenues & Volume, By Material Type, 2020-2030F |
6.1.3 India Fiber Cement Market Revenues & Volume, By Portland cement, 2020-2030F |
6.1.4 India Fiber Cement Market Revenues & Volume, By Sand, 2020-2030F |
6.1.5 India Fiber Cement Market Revenues & Volume, By Fiber, 2020-2030F |
6.1.6 India Fiber Cement Market Revenues & Volume, By Other, 2020-2030F |
6.2 India Fiber Cement Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 India Fiber Cement Market Revenues & Volume, By Siding, 2020-2030F |
6.2.3 India Fiber Cement Market Revenues & Volume, By Roofing, 2020-2030F |
6.2.4 India Fiber Cement Market Revenues & Volume, By Molding & Trim, 2020-2030F |
6.2.5 India Fiber Cement Market Revenues & Volume, By Other, 2020-2030F |
6.3 India Fiber Cement Market, By End Use Type |
6.3.1 Overview and Analysis |
6.3.2 India Fiber Cement Market Revenues & Volume, By Non-Residential, 2020-2030F |
6.3.3 India Fiber Cement Market Revenues & Volume, By Residential, 2020-2030F |
7 India Fiber Cement Market Import-Export Trade Statistics |
7.1 India Fiber Cement Market Export to Major Countries |
7.2 India Fiber Cement Market Imports from Major Countries |
8 India Fiber Cement Market Key Performance Indicators |
9 India Fiber Cement Market - Opportunity Assessment |
9.1 India Fiber Cement Market Opportunity Assessment, By Material Type, 2020 & 2030F |
9.2 India Fiber Cement Market Opportunity Assessment, By Application Type, 2020 & 2030F |
9.3 India Fiber Cement Market Opportunity Assessment, By End Use Type, 2020 & 2030F |
10 India Fiber Cement Market - Competitive Landscape |
10.1 India Fiber Cement Market Revenue Share, By Companies, 2023 |
10.2 India Fiber Cement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |