Source: Freedonia Group, Cleveland
Demand in the U.S. for fiber cement products is forecast to increase 8.5 percent annually through 2017 to 2.9 billion sq. ft. (valued at $2.2 billion), according to Fiber Cement, a new study from market researcher Freedonia Group.
Sources: Freedonia Group, Cleveland; CP staff
With the tailwind of a home building rebound from low 2012 base levels, U.S. demand for landscaping products is projected to grow 6.9 percent per year through 2017, to $6.5 billion—a welcome projection for producers and suppliers who have seen a slow recovery from the 2007-2009 recession.