In 2023, the sold production of fibre cement in Germany was the last confirmed actual data point. From 2024 to 2028, projections indicate a steady decline in the value of fibre cement production, starting at 102.79 million euros in 2024 and decreasing each year down to 86.028 million euros in 2028. This represents a year-on-year decrease averaging around 4.4% annually. The compound annual growth rate (CAGR) for this period illustrates an average decrease of approximately 4.2% over the five years.
Future trends to watch for include:
- Technological advancements and innovation within the construction industry that might affect fibre cement demand.
- Environmental regulations influencing production methods and costs.
- Market dynamics related to alternative building materials gaining market share.
- Potential changes in economic conditions impacting construction activities.