Fiber Cement Market Size and Share
Market Overview
| Study Period | 2019 - 2030 |
|---|---|
| Market Volume (2025) | 39.56 Million tons |
| Market Volume (2030) | 48.67 Million tons |
| Growth Rate (2025 - 2030) | 4.23% CAGR |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | Asia-Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Fiber Cement Market Analysis by Mordor Intelligence
The Fiber Cement Market size is estimated at 39.56 Million tons in 2025, and is expected to reach 48.67 Million tons by 2030, at a CAGR of 4.23% during the forecast period (2025-2030). Robust demand stems from the material’s non-combustible nature that eases compliance with stricter fire codes, its superior weather resistance that lowers life-cycle replacement outlays, and design flexibility that satisfies both single-family renovators and large-scale commercial developers. Supply chain partners also recognize fiber cement’s ability to bridge the performance gap between wood siding and synthetic substitutes, a factor that underpins resilient volume growth even when broader construction cycles moderate. Building owners favor the product’s four-decade service life, while insurers reward non-combustible façades with lower premiums, reinforcing adoption intent in wildfire-prone regions. On the competitive front, leading manufacturers accelerate direct builder agreements that tighten channel control, whereas mid-tier players focus on synthetic fiber innovation and carbon-negative formulations to defend margins.
Key Report Takeaways
- By application, siding accounted for 35.20% share of the fiber cement market in 2024 and cladding is advancing at a 4.68% CAGR through 2030.
- By end-user sector, residential commanded 45.60% share of the fiber cement market size in 2024; commercial is set to grow at a 4.28% CAGR over the same period.
- By geography, Asia-Pacific captured 42.80% of 2024 volume while the Middle East and Africa region is projected to rise at a 4.56% CAGR to 2030.
Global Fiber Cement Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rapid Urbanisation and Residential Construction Rebound in Asia-Pacific | +1.2% | Asia-Pacific core, spillover to MEA | Medium term (2-4 years) |
| Stringent Fire and Acoustic-Performance Building Codes | +0.8% | Global, with concentration in North America and Australia | Long term (≥ 4 years) |
| Lifecycle Cost Advantage Over Wood and Vinyl Siding | +0.6% | Global | Long term (≥ 4 years) |
| Adoption of Panelised Prefab Façades in Mid-Rise Buildings | +0.4% | North America and Europe, expanding to APAC | Medium term (2-4 years) |
| Carbon-Negative Cement Formulations Using Cellulose Nanofibers | +0.3% | Global, early adoption in developed markets | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Rapid Urbanization and Residential Construction Rebound in Asia-Pacific
Government housing mandates and mega-infrastructure programs stimulate steady fiber cement market demand across China, India, and ASEAN nations. China posted a 66.2% urbanization rate in 2024, adding 14 million urban residents each year, while India is expected to integrate 416 million city dwellers by 2050. Construction permit issuances in Indonesia rose 8.3% during 2024 and Thailand forecasts 4.2% sector growth in 2025 under the Eastern Economic Corridor framework. Harmonized ASEAN fire-safety standards that classify fiber cement as a non-combustible façade option further solidify regional usage. The confluence of demographic shifts, pro-housing policies, and stricter codes secures a multi-year demand runway for the fiber cement market.
Stringent Fire and Acoustic-Performance Building Codes
California’s 2024 update to Title 24 now requires Class A exteriors in Wildland-Urban Interface zones covering 4.5 million structures, while Australia’s National Construction Code revision applies comparable mandates to 2.8 million dwellings[1]California Building Standards Commission, “Title 24 2024 Update,” cbsc.ca.gov . The 2024 International Building Code tightens acoustic performance benchmarks for multifamily projects, driving adoption of dense façades that limit sound transfer. North Carolina fire-test data show fiber cement exhibits 73% lower ignition probability than wood siding and achieves an 18-decibel noise reduction without extra layers. These regulations elevate fiber cement from premium option to compliance necessity across an expanding set of jurisdictions.
Lifecycle Cost Advantage Over Wood and Vinyl Siding
Thirty-year ownership models indicate fiber cement siding delivers 23% lower total costs than wood by eliminating cyclical staining, sealing, and pest mitigation, which average USD 2,400 every five to seven years per home. Vinyl saves on first cost yet typically requires full replacement within twenty years, while fiber cement maintains structural integrity beyond forty. Thermal mass properties reduce heating and cooling loads by up to 15%, and insurers offer 5–8% discounts on policies covering non-combustible exteriors. Contractors also report 34% fewer callbacks when installing fiber cement versus wood, underscoring tangible savings for builders and occupants alike.
Adoption of Panelized Prefab Façades in Mid-Rise Buildings
Prefabricated fiber cement wall panels cut on-site installation time by up to 60% and can compress project schedules eight to twelve weeks for developers such as Skanska and Turner. Integrated solutions that combine cladding, insulation, and structural framing help achieve Passive House performance at a 15–20% lower installed cost than field-assembled walls. Building Information Modeling integration ensures dimensional accuracy and reduces change orders, while the 2024 International Building Code now contains explicit off-site quality-assurance protocols that favor factory-built assemblies. As urban construction windows tighten, panelized fiber cement systems offer a compelling productivity lever.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High Initial Installation Cost Versus Vinyl Alternatives | -0.7% | Global, particularly price-sensitive markets | Short term (≤ 2 years) |
| Availability of Substitutes Such as Engineered Wood Siding | -0.4% | North America and Europe primarily | Medium term (2-4 years) |
| Fibre-Sourcing Risk Amid Global Pulp-Price Volatility | -0.3% | Global | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
High Initial Installation Cost Versus Vinyl Alternatives
Fiber cement requires USD 8–12 per square foot installed, a 60–100% price premium over vinyl. Labor scarcity in many regions inflates the gap because installers need specialized dust-management tools that add 25–35% to man-hours. Tariff scenarios could raise imported input costs another 6–14%, widening the delta for first-time homebuyers who already represent 32% of 2024 purchases. Cost headwinds are most acute in multifamily projects where developers monetize properties before maintenance bills accrue, reducing willingness to pay for longer-life façades.
Availability of Substitutes Such as Engineered Wood Siding
Composite wood products introduce polymer overlays and moisture barriers that extend life cycles to nearly thirty years while staying 30–40% below fiber cement on material cost. Engineered wood’s lighter weight facilitates faster handling and is gaining code support for taller mass-timber buildings up to eighteen stories. Manufacturers emphasize Forest Stewardship Council certification and carbon sequestration messaging, challenging the fiber cement industry in regions with entrenched forestry interests. Nonetheless, combustible risk limits engineered wood penetration in high-fire zones.
Segment Analysis
By Application: Siding Strength Meets Cladding Momentum
Siding retained 35.20% of 2024 volume, reflecting long-standing use in detached housing and renovation projects where fiber cement’s wood-like grain patterns satisfy aesthetic norms. Replacement demand from an aging housing stock cushions volume against cyclical new-build fluctuations, and wide installer familiarity fortifies channel stability. Cladding, however, is set to outpace siding with a 4.68% CAGR through 2030, propelled by stringent fire codes for mid-rise and high-rise structures and the rapid embrace of panelized construction systems. Data center builds and infrastructure megaprojects frequently select non-combustible façades, prompting architects to specify thicker fiber cement cladding panels that withstand extreme temperature swings. Roofing, moulding, and trimming components continue to deliver steady supplemental demand, offering manufacturers cross-selling opportunities that leverage existing color-coating assets. Collectively, this evolving application mix underpins balanced growth drivers across the fiber cement market.
The expansion of cladding narrows the historical gap with siding and encourages suppliers to broaden color palettes and surface textures compatible with contemporary mixed-material aesthetics. Regulatory clarity within the latest International Building Code strengthens this trajectory by codifying performance requirements that favor non-combustible exterior wall assemblies. As developers evaluate total cost and regulatory compliance holistically, fiber cement’s rising profile in commercial façades becomes a pivotal growth avenue within the fiber cement market.
Note: Segment shares of all individual segments available upon report purchase
By End-User Sector: Residential Base Anchors Commercial Upswing
Residential projects contributed 45.60% of 2024 demand, buoyed by replacement cycles and the product’s proven alignment with homeowner fire-resistance expectations. Renovation work on housing stock exceeding forty years of age has become a secular tailwind, insulating volumes from periodic new-build slowdowns. Commercial applications are projected to expand at a 4.28% CAGR, as office redevelopments, hospitality upgrades, and especially hyperscale data centers specify non-combustible exteriors that support uninterrupted operations. Institutional clients such as hospitals and universities also turn to fiber cement to minimize maintenance budgets and meet stricter indoor-environment protocols. Industrial and infrastructure undertakings, while smaller today, represent promising niches from transportation hubs to renewable-energy installations, driven by durability expectations over multi-decade horizons. The broadening sector mix enhances resilience and diversifies the fiber cement market in the medium term.
Institutional owners’ emphasis on life-cycle economics positions fiber cement favorably against materials that incur frequent repainting or replacement. Combined with stimulus-funded public projects in several regions, commercial and civic orders will continue to chip away at residential dominance, gradually achieving portfolio balance and reinforcing growth prospects for the fiber cement industry.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
Asia-Pacific commanded 42.80% of 2024 volume thanks to rapid urbanization, supportive housing policies, and region-wide adoption of stricter fire-safety codes. China continues to add 14 million urban residents annually, and India’s metro expansions underpin robust permit pipelines. Indonesia’s building permits rose 8.3% in 2024, while Thailand projects 4.2% construction growth for 2025 under Eastern Economic Corridor investments exceeding THB 1.7 trillion (USD 47.2 billion). Proximity to cellulose feedstock and developed cement infrastructure yields cost advantages that attract capacity investments throughout the fiber cement market.
North America represents a mature but stable arena where code-driven replacement activity sustains volume. Extensive wildfire exposure in the western United States accelerates siding upgrades to non-combustible alternatives, and insurance incentives bolster homeowner interest. In Canada, a resilient renovation segment offsets moderation in multifamily starts, while Mexico’s emerging middle class drives incremental demand for durable façades in mid-rise housing. Continued innovation in prefabricated panels and direct builder contracting further supports North American volume, keeping the region central to global strategy within the fiber cement industry.
Middle East and Africa is set to achieve the fastest regional CAGR of 4.56% through 2030. Saudi Arabia’s Vision 2030 megaprojects, including NEOM and The Line, add more than USD 500 billion of construction value, all subject to stringent façade performance criteria[2]Government of Saudi Arabia, “Vision 2030 Project Tracker,” sagov.sa . The UAE and Qatar continue infrastructure build-outs, and fire-safety regulations in high-rise clusters favor non-combustible cladding. Climatic extremes in the Gulf place a premium on weather-resistant materials, amplifying fiber cement’s appeal. Limited local production capacity may constrain near-term supply, yet joint ventures and plant expansions already announced are aimed at mitigating bottlenecks in this promising slice of the fiber cement market.
Competitive Landscape
The fiber cement market remains moderately consolidated, with global leaders James Hardie, Saint-Gobain, and Etex deploying scale advantages in R&D and distribution. Saint-Gobain’s USD 1.025 billion acquisition of FOSROC in July 2024 adds construction chemicals that complement panel systems, while its February 2025 buyout of CSR’s unit in Australia for USD 800 million strengthens Asia-Pacific footprint. James Hardie’s proposed USD 3.2 billion merger with The AZEK Company would combine fiber cement siding with polymer decking, unlocking cross-selling synergies that could reshape channel dynamics. Etex’s AUD 180 million purchase of BGC’s Australian business underscores ongoing geographic diversification.
Strategically, firms pursue carbon-negative product portfolios to anticipate tightening embodied-carbon rules, allocating more than USD 180 million in 2024 R&D budgets toward low-clinker chemistries and cellulose nanofiber reinforcement. Digital marketing platforms expand homeowner engagement while advanced visualization tools facilitate contractor uptake. Regional challengers in Asia-Pacific and the Middle East exploit cost advantages and government backing to capture project tenders, though brand equity and technical certification often sway large developers back to incumbents. Overall, competition hinges on holistic solutions that marry sustainability credentials, code compliance, and life-cycle cost efficiency within the fiber cement market.
Emerging disruptors center on circular-economy inputs and process electrification to claim environmental leadership. Their progress could accelerate if carbon taxes widen cost gaps between low-carbon and conventional panels. However, incumbents’ extensive color libraries, proprietary fiber blends, and entrenched builder alliances remain formidable barriers. Alliances that integrate panel fabrication, logistics, and onsite installer support promise to tilt share further toward players with end-to-end service models in the fiber cement industry.
Fiber Cement Industry Leaders
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Etex Group
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James Hardie Building Products Inc.
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SCG International Corporation
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Saint-Gobain (Weber & Eternit)
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NICHIHA
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- June 2025: Renaatus Group subsidiary Renaatus Procon invested USD 29 million in a new fiber cement board plant in Andhra Pradesh, India with a planned production capacity of 60,000 tons per year. The facility, scheduled for commissioning in 2026, will serve the southern Indian construction sector and export markets, while supporting the group's expansion into sustainable building materials.
- August 2024: SHERA Public Company Limited's first production facility outside Thailand, a fiber cement plant in Mabalacat, Pampanga, has achieved 60% completion. The plant, scheduled to begin operations by January 2025, will have a production capacity of 0.24 million tons per year of fiber cement.
Global Fiber Cement Market Report Scope
Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Cladding, Molding and Trimming, Roofing, Siding are covered as segments by Application. Asia-Pacific, Europe, Middle East and Africa, North America, South America are covered as segments by Region.| Siding |
| Cladding |
| Moulding and Trimming |
| Roofing |
| Other Applications |
| Residential |
| Commercial |
| Industrial and Institutional |
| Infrastructure |
| Asia-Pacific | China |
| India | |
| Japan | |
| South Korea | |
| ASEAN Countries | |
| Rest of Asia-Pacific | |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Russia | |
| NORDIC Countries | |
| Rest of Europe | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Middle East and Africa | Saudi Arabia |
| South Africa | |
| Rest of Middle East and Africa |
| By Application | Siding | |
| Cladding | ||
| Moulding and Trimming | ||
| Roofing | ||
| Other Applications | ||
| By End-User Sector | Residential | |
| Commercial | ||
| Industrial and Institutional | ||
| Infrastructure | ||
| By Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| ASEAN Countries | ||
| Rest of Asia-Pacific | ||
| North America | United States | |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Russia | ||
| NORDIC Countries | ||
| Rest of Europe | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Middle East and Africa | Saudi Arabia | |
| South Africa | ||
| Rest of Middle East and Africa | ||
Market Definition
- END-USE SECTOR - Fiber cement consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
- PRODUCT/APPLICATION - Under the scope of the study, the consumption of fiber cement for siding, roofing, cladding molding and trimming, and other applications are considered.
| Keyword | Definition |
|---|---|
| Accelerator | Accelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly. |
| Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
| Adhesives | Adhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc. |
| Air Entraining Admixture | Air-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete. |
| Alkyd | Alkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride. |
| Anchors and Grouts | Anchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc. |
| Cementitious Fixing | Cementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors. |
| Commercial Construction | Commercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc. |
| Concrete Admixtures | Concrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties. |
| Concrete Protective Coatings | To provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings. |
| Curing Compounds | Curing compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability. |
| Epoxy | Epoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc. |
| Fiber Wrapping Systems | Fiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets. |
| Flooring Resins | Flooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic. |
| High-Range Water Reducer (Super Plasticizer) | High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete. |
| Hot Melt Adhesives | Hot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes. |
| Industrial and Institutional Construction | Industrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc. |
| Infrastructure Construction | Infrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc. |
| Injection Grouting | The process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration. |
| Liquid-Applied Waterproofing Membranes | Liquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete. |
| Micro-concrete Mortars | Micro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc. |
| Modified Mortars | Modified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption. |
| Mold Release Agents | Mold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others. |
| Polyaspartic | Polyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments. |
| Polyurethane | Polyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc. |
| Reactive Adhesives | A reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
| Rebar Protectors | In concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction. |
| Repair and Rehabilitation Chemicals | Repair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures. |
| Residential Construction | Residential construction involves constructing new houses or spaces like condominiums, villas, and landed homes. |
| Resin Fixing | The process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing. |
| Retarder | Retarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time. |
| Sealants | A sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action. |
| Sheet Waterproofing Membranes | Sheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress. |
| Shrinkage Reducing Admixture | Shrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation. |
| Silicone | Silicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc. |
| Solvent-borne Adhesives | Solvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers. |
| Surface Treatment Chemicals | Surface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others. |
| Viscosity Modifier | Viscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement. |
| Water Reducer | Water reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others. |
| Water-borne Adhesives | Water-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent. |
| Waterproofing Chemicals | Waterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement. |
| Waterproofing Membranes | Waterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
