Australia Cement Board Market

Australia Cement Board Market Overview:

The Australia cement board market size reached 12.60 Million Square Meters in 2024. Looking forward, IMARC Group expects the market to reach 19.95 Million Square Meters by 2033, exhibiting a growth rate (CAGR) of 5.24% during 2025-2033. The growth of the market is driven by increasing construction activities, a shift towards sustainable building materials, and rising demand for fire-resistant and moisture-resistant boards. The demand for durable and eco-friendly materials is enhancing Australia cement board market share, fostering substantial market expansion.

Australia Cement Board Market Trends:

Sustainable Construction Practices

The demand for sustainable and eco-friendly building materials is significantly impacting the Australia cement board market growth. For instance, in April 2025, Boral secured USD 15 Million from the Australian government for decarbonisation at its Berrima cement plant. The investment will help increase alternative raw material (ARM) use, reduce limestone consumption, and lower energy intensity. By 2028, Boral aims to raise ARM use to 23%, contributing to the company’s sustainability and decarbonisation goals. With increasing concerns regarding environmental effects, there is now a trend towards utilizing products that minimize carbon footprints, including cement boards produced from natural minerals and recycled materials. Cement boards, with their long-lasting quality and eco-friendliness, are now being increasingly used in green construction projects. These boards have superior thermal and acoustic insulation capabilities, which help in energy-saving construction methods. Their long life and low maintenance requirements make them the best option for green builders, increasing their uptake in residential and commercial construction.

Technological Advancements in Cement Board Manufacturing

Technological advancement in cement board production is another major driver of the Australia cement board market growth. Improvements in production methods have enhanced the quality and versatility of cement boards, which can be applied to a broader variety of applications. New production methods have led to lighter, stronger, and cheaper boards, which can be utilized in exterior as well as interior applications. Moreover, innovations have resulted in the creation of cement boards with improved moisture resistance, which are suitable for applications where humidity is high, including bathrooms and kitchens. These advancements are broadening the application areas of cement boards in construction, fueling increased growth in the market as constructors look for high-performance products. For instance, in March 2024, Etex acquired BGC’s plasterboard and fibre cement businesses, enhancing its position in Australia. The deal expands Etex’s portfolio, bringing state-of-the-art cement grinding facilities and innovative fibre cement products to the Australian market. These advancements improve the quality, durability, and versatility of cement boards, making them ideal for both interior and exterior applications.

Australia Cement Board Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product type, application, and end use industry.

Product Type Insights:

• Fiber Cement Board (FCB) 
• Wood Wool Cement Board (WWCB) 
• Wood Strand Cement Board (WSCB) 
• Cement Bonded Particle Board (CBPB) 

The report has provided a detailed breakup and analysis of the market based on the product type. This includes fiber cement board (FCB), wood wool cement board (WWCB), wood strand cement board (WSCB), and cement bonded particle board (CBPB).

Application Insights:

• Flooring
• Exterior and Partition Walls
• Roofing
• Columns and Beams
• Facades, Weatherboard, and Cladding
• Acoustic and Thermal Insulation
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes flooring, exterior and partition walls, roofing, columns and beams, facades, weatherboard, and cladding, acoustic and thermal insulation, and others.

End Use Industry Insights:

• Residential
• Commercial
• Industrial and Institutional

A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes residential, commercial, and industrial and institutional.

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Cement Board Market News:

• In January 2025, ITOCHU Corporation signed a memorandum with Mitsubishi UBE Cement and Australia's MCi Carbon to collaborate on the production of carbon-embodied products. This partnership involves MCi's technology that combines CO2 with waste materials to create alternatives for cement and concrete. MCi’s demonstration plant in Newcastle, Australia, will begin full-scale operation in 2025, marking a significant step towards a carbon-neutral cement industry.
• In December 2024, Heidelberg Materials-backed Cement Australia agreed to acquire the cementitious division of BGC Cement. The acquisition, which includes a cement grinding unit and various operations in Western Australia, strengthens Cement Australia's footprint and enhances its portfolio of sustainable solutions.

Australia Cement Board Market Report Coverage:

Key Questions Answered in This Report:

• How has the Australia cement board market performed so far and how will it perform in the coming years?
• What is the breakup of the Australia cement board market on the basis of product type?
• What is the breakup of the Australia cement board market on the basis of application?
• What is the breakup of the Australia cement board market on the basis of end use industry?
• What is the breakup of the Australia cement board market on the basis of region?
• What are the various stages in the value chain of the Australia cement board market? 
• What are the key driving factors and challenges in the Australia cement board market?
• What is the structure of the Australia cement board market and who are the key players?
• What is the degree of competition in the Australia cement board market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia cement board market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia cement board market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia cement board industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.