Fiber Cement Market– Market Overview 1 | Page 2

Over the past twenty years, fiber cement composites have gained a cumulative foothold in the global markets. It is a complex material which is mainly used in building and construction. Reinforcement of fibers to cement imparts a number of traits including resistance to cracking, lighter weight and a degree of flexibility which are significant to the application and serviceability of the composite. Fiber cements products are mainly used for cladding and roofing purposes. Additionally, they are used in agriculture for both building and ancillary purposes. Fiber cement products have found its way into the various major application areas including industrial, consumer and agriculture sectors. Fiber cement products have found its way into construction application of various areas like, residential buildings, non-residential buildings, agriculture, industrial and consumer sectors. The products used for these purposes vary based on the requirements. Fiber cement products are majorly used for cladding, siding and roofing purposes. They are used in agriculture for both building and ancillary purposes. In industries, they are used for fire proofing walls and in household application for ceilings, switch boards and so on.