The Fiber Cement Market is estimated to grow from USD 17.01 billion in 2021 to USD 22.97 billion by 2028 at a healthy CAGR of 4.33% during the forecast period of 2022-2028. Fiber cement is a composite material made primarily from cement, sand, and cellulose fibers, which are typically derived from wood pulp. This combination results in a durable and versatile building material that is resistant to fire, moisture, insects, and rot.