Fiber Cement Rainscreen Panels Market Size & Share, by Type (Ultra-Thin Panels, Thick Panels, Super Thick Panels, Conventional Panels); End-user (Residential, Commercial, Industrial) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3820
  • Published Date: Jul 20, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Fiber Cement Rainscreen Panels Market size is projected to reach USD 58 Billion by the end of 2035, growing at a CAGR of 14% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of fiber cement rainscreen panels was over USD 12 Billion. The rapidly growing global construction industry and the augmenting adoption of green building systems are major factors accredited to the market growth.

There is a surge in the adoption of sustainable green building materials to maintain the capacity of the ecosystem at global levels together with improving the quality of human life. Hence, the gradual shift toward the application of sustainable, eco-friendly, and recyclable products in new construction and renovations is predicted to bring numerous growth opportunities for the fiber cement rainscreen panels market. As per a global survey, according to about 45% of respondents, sustainability is the major concern with most engineering and construction industries progressing toward sustainability in the design phase.

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Fiber Cement Rainscreen Panels Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2022)

~ USD 12 Billion

Forecast Year Market Size (2035)

~ USD 58 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Fiber Cement Rainscreen Panels Market: Growth Drivers and Challenges


Growth Drivers

  • Rising Concern About Environmental Changes – The rising concern about the increasing global carbon footprint and rapidly depleting natural resources are creating opportunities for those products that are environmentally friendly and can reduce future emissions, address global warming, and preserve the environment. According to the findings, the construction industry is the major employer of the world’s raw materials and natural resources and is responsible for 39% of the world’s carbon emissions.
  • Increasing Investment in Energy-Efficient Buildings – With the growing consumer attention and stringent expectations to meet the net zero by 2050 goals, the worth of investments in energy-efficient buildings worldwide is expanding. In 2022, the global investment in energy-efficient buildings touched more than USD 200 billion. These panels result in the reduction of energy consumption through thermal insulation and minimized heat loss.
  • The Innovations in Architectural, Engineering, and Construction Industries – The augmenting urbanization and the increasing standard of living of people worldwide are raising the bar for designing the fine architecture of a building with the application of more appealing, aesthetic, and advanced materials in new construction. These modifications are anticipated to propel the demand for fiber cement rainscreen panels in the construction & building sector.


  • High Cost – the upfront cost of fiber cement rainscreen panels is expensive as the material is more complex and challenging to work with. The hike in the rate of the overall installation cost is a major restraining factor hampering the market growth.
  • Problems of Panel Damage, Rot, and Molds
  • Lower Awareness About Advanced Materials

Fiber Cement Rainscreen Panels Segmentation

End-User (Residential, Commercial, Industrial)

The commercial segment is anticipated to hold 55% share of the global fiber cement rainscreen panels market by 2035 due to the growing demand for commercial spaces and the increasing investment in constructing commercial towers is propelling the segment growth. Additionally, the rising application of fiber cement cladding in commercial buildings as they enhance the exterior appearance of the buildings and are durable and economical material. They provide long-term protection against fire, water, and changing thermal conditions.

Fiber cement rainscreen panels market from residential segment is counted to witness significant growth in the upcoming years. The segment growth is backed by the growing aesthetical requirements in new residential constructions. As fiber cement rainscreen panels are extensively in demand for wall cladding and are manufactured in several textures, their demand in residential buildings is escalating.

Type (Ultra-Thin Panels, Thick Panels, Super Thick Panels, Conventional Panels)

The ultra-thin segment in the fiber cement rainscreen panels market is projected to generate the highest share by the year 2035. The rising advances in manufacturing materials and the growing application of ultra-thin cladding to protect the construction, and provide thermal insulation, together with enhancing the exterior appearance of the buildings is projected to boost the segment growth.

Our in-depth analysis of the global market includes the following segments:


  • Ultra-Thin Panels
  • Thick Panels
  • Super Thick Panels
  • Conventional Panels


  • Residential
  • Commercial
  • Industrial

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Fiber Cement Rainscreen Panels Industry - Regional Synopsis

European Market Forecast

The fiber cement rainscreen panels market in Europe is projected to be the largest with a share of about 36% by 2035. The growing adoption of developing modern manufacturing materials that contribute to sustainable construction owing to the stringent government regulations regarding energy conservation are some of the major factors anticipated to drive the expansion of the market. According to the findings, European Union buildings and the construction industry accounted for about 40% of energy consumption, nearly 36% of CO2 emissions, and around 33% of waste and water use in 2021.

North American Market Statistics

The fiber cement rainscreen panels market in North America is estimated to be the second largest, registering a share of about 26% by 2035 owing to the increasing concerns regarding greenhouse emissions from the land sector in the United States. The data from the U.S. inventory states that the greenhouse gas emissions in the U.S. summed up to 6,340.2 million metric tons of carbon dioxide equivalents from the land sector in 2021.

Moreover, the increasing investment in the construction industry and the growing demand for green building materials in North America are further anticipated to result in a demand rise for such materials.

Research Nester
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Companies Dominating the Fiber Cement Rainscreen Panels Landscape

    • Sanle Group
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    •  Evonik Industries AG
    • James Hardie Industries plc
    • Cladding Corp
    • American Fiber Cement Corporation
    • Saint-Gobain SA
    • Etex Group NV
    • Cembrit Holding A/S
    • Middle East Insulation LLC
    • Guangdong Soben Green Building Systems Co., Ltd.


In The News

  • Sanle Group and Aquatic Technology Group to form a strategic cooperation agreement to fix fiber cement board prices.
  • Etex Group NV announced the acquisition of Knauf Plasterboard Pty Limited.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 3820
  • Published Date: Jul 20, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing investment in green buildings and the adoption of more sustainable, energy-efficient, eco-friendly, and recyclable materials & resources are the major factors driving the growth of the fiber cement rainscreen panels market.

The market size of fiber cement rainscreen panels is anticipated to attain a CAGR of 14% over the forecast period, i.e., 2023 � 2035.

The major players in the market are Sanle Group, Evonik Industries AG, James Hardie Industries plc, Cladding Corp, American Fiber Cement Corporation, Saint-Gobain SA, Etex Group NV, Cembrit Holding A/S, Middle East Insulation LLC, Guangdong Soben Green Building Systems Co., Ltd.

The commercial segment is anticipated to garner the largest market size by 2035 and display significant growth opportunities.

The market in the Europe region is projected to hold the largest market share by 2035 and provide more business opportunities in the future.
Fiber Cement Rainscreen Panels Market Report Scope

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