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Non-residential, by end-use, accounted for the most significant demand for fiber cement in 2019

The global  fiber cement market  size is projected to grow from USD 16.4 billion in 2020 to USD 20.3 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The market is projected to grow in accordance with the growth of the residential and non-residential sector across the globe. Fiber cement products are known for their properties, such as high strength, durability, fire-proof, and resistance to deterioration from salt or UV rays. These properties of fiber cement products increase their preference in a wide range of applications. Download PDF Brochure to Know More:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=186027265 The non-residential segment comprises industrial, commercial, and agricultural buildings of fiber cement. Fiber cement is commonly used in industrial buildings, such as factories, mills, and warehouses, owing to the enforcement of legislation by several governments, such as the UK, the US, and Canada, banning the use of asbestos at such workplaces. T

The Asia Pacific region accounted for the largest share of the perlite market

Perlite is a type of naturally occurring siliceous volcanic rock with a pearly luster formed by the cooling of molten lava. When it is heated to a suitable temperature, it expands 4–20 times of its original volume. This expansion is due to the presence of water in perlite, which when heated, gets vaporized to form tiny bubbles, thereby providing excellent insulation, lightweight, and durability properties. Hence, perlite finds application in construction, horticulture & agriculture, industrial, pharmaceuticals, food products, personal care products, and water treatment, among others. MarketsandMarkets projects that the  perlite market , in terms of value, will grow from USD 1.51 Billion in 2017 to USD 2.20 Billion by 2022, at a compound annual growth rate (CAGR) of 7.78%. The increase in demand for perlite from the construction and agriculture & horticulture sectors drives the growth of the perlite market. Know More:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?i