Selbyville, Delaware, June 02, 2021 (GLOBE NEWSWIRE) —

Global Market Insights Inc. has recently added a new report on the fiber cement market which estimates the market valuation for fiber cement will cross US$ 13 billion by 2027. The proliferation of new residential building units worldwide will be propelling industry demand.

Growing urbanization in developing nations together with increasing population across the world will drive the share of product in the building materials industry in the study time period. Increasing concerns toward rotting of siding in residential buildings are mainly propelling industry development across the world. Further, the rising need from architects for building innovating cladding systems will enhance the product usage in the sector.

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Another key growth enabling factor for the global…

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