| Product Code: ETC318147 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Singapore`s import trend for cement bonded particle board experienced a notable decline, with a growth rate of -30.92% compared to the previous year. However, the compound annual growth rate (CAGR) for 2020-2024 stood at a positive 10.88%. This negative momentum in 2024 could be attributed to shifting demand patterns or changes in trade policies impacting the market`s stability.
Cement bonded particle boards have gained prominence in Singapore construction and interior design sectors. These boards are known for their durability, fire resistance, and versatility. They find applications in various structural and decorative elements, including walls, ceilings, and flooring. The market has witnessed growth owing to the nation`s focus on sustainable building materials and energy efficiency. Cement bonded particle boards are favored for their eco-friendly properties and suitability for green construction projects. As the construction industry continues to evolve, the demand for innovative building materials like cement bonded particle boards is expected to remain robust in Singapore.
The Singapore cement bonded particle board market is experiencing growth due to its suitability for construction and interior applications. Cement bonded particle boards are known for their durability, fire resistance, and versatility. They are extensively used in residential and commercial construction, as well as for making furniture and interior fixtures. The trend towards sustainable building materials and stringent fire safety regulations has driven the adoption of cement bonded particle boards. Additionally, their resistance to moisture and pests makes them an attractive choice for Singapore tropical climate.
The Singapore cement bonded particle board market confronts challenges associated with competition from alternative construction materials, including plywood and gypsum board. Cement bonded particle boards are heavier and less flexible than their counterparts, which can limit their use in certain applications. Moreover, the market is influenced by economic fluctuations and construction activity, making it susceptible to market downturns. To stay competitive, manufacturers must continuously invest in research and development to improve product quality and diversify their offerings.
The Singapore Cement Bonded Particle Board market, closely tied to the construction and real estate sectors, faced disruptions during the COVID-19 pandemic. Construction activities slowed down due to lockdowns and supply chain disruptions, leading to a decrease in demand for building materials. However, the market adapted by emphasizing the durability and fire-resistant properties of cement bonded particle boards, which are suitable for various construction applications. As construction projects resume and demand for sustainable building materials grows, the market is expected to recover, with a focus on eco-friendly construction solutions.
In the Singapore cement bonded particle board market, companies like BGC (Australia) Pty Ltd. and Fermacell GmbH are notable contributors. BGC (Australia) Pty Ltd. offers high-quality cement bonded particle boards used in construction and interior applications. Fermacell GmbH specializes in sustainable and fire-resistant cement bonded particle boards, supporting green building initiatives in Singapore.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Cement Bonded Particle Board Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Cement Bonded Particle Board Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Cement Bonded Particle Board Market - Industry Life Cycle |
3.4 Singapore Cement Bonded Particle Board Market - Porter's Five Forces |
3.5 Singapore Cement Bonded Particle Board Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Singapore Cement Bonded Particle Board Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Cement Bonded Particle Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Singapore |
4.2.2 Growing demand for eco-friendly building materials |
4.2.3 Government initiatives promoting sustainable construction practices |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from alternative building materials |
4.3.3 Regulatory challenges related to environmental standards |
5 Singapore Cement Bonded Particle Board Market Trends |
6 Singapore Cement Bonded Particle Board Market, By Types |
6.1 Singapore Cement Bonded Particle Board Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Cement Bonded Particle Board Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Singapore Cement Bonded Particle Board Market Revenues & Volume, By <6 mm, 2021-2031F |
6.1.4 Singapore Cement Bonded Particle Board Market Revenues & Volume, By 8-18mm, 2021-2031F |
6.1.5 Singapore Cement Bonded Particle Board Market Revenues & Volume, By 20-30mm, 2021-2031F |
6.1.6 Singapore Cement Bonded Particle Board Market Revenues & Volume, By >30 mm, 2021-2031F |
6.2 Singapore Cement Bonded Particle Board Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Cement Bonded Particle Board Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.3 Singapore Cement Bonded Particle Board Market Revenues & Volume, By Ceiling, 2021-2031F |
6.2.4 Singapore Cement Bonded Particle Board Market Revenues & Volume, By Siding, 2021-2031F |
6.2.5 Singapore Cement Bonded Particle Board Market Revenues & Volume, By Packages, 2021-2031F |
7 Singapore Cement Bonded Particle Board Market Import-Export Trade Statistics |
7.1 Singapore Cement Bonded Particle Board Market Export to Major Countries |
7.2 Singapore Cement Bonded Particle Board Market Imports from Major Countries |
8 Singapore Cement Bonded Particle Board Market Key Performance Indicators |
8.1 Percentage of construction projects using cement bonded particle boards |
8.2 Adoption rate of green building certifications by construction companies |
8.3 Investment in research and development for innovative product offerings |
8.4 Rate of infrastructure development projects in Singapore |
8.5 Percentage of waste reduction achieved through the use of cement bonded particle boards |
9 Singapore Cement Bonded Particle Board Market - Opportunity Assessment |
9.1 Singapore Cement Bonded Particle Board Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Singapore Cement Bonded Particle Board Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Cement Bonded Particle Board Market - Competitive Landscape |
10.1 Singapore Cement Bonded Particle Board Market Revenue Share, By Companies, 2024 |
10.2 Singapore Cement Bonded Particle Board Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |