The global cement board market Cement Board Market Poised for Steady Growth
Cement board is a building material used in interior and exterior construction as an alternative to traditional wooden boards or sheets. Cement board provides durability, moisture resistance, fireproofing and is less prone to warping. It is commonly used as a substrate in shower walls, flooring, countertops, architectural facades and other finishing applications. The global Cement Board Market is estimated to be valued at US$ 1.86 Bn in 2023 and is expected to exhibit a CAGR of 9.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Growth Accelerated by Increasing Infrastructure Development Activities The cement board market is expected to witness significant growth over the forecast period owing to the rising infrastructure development activities across both commercial and residential sectors globally. Rapid urbanization and growing population have increased the demand for new residential and commercia...