Top 10 Companies in the Waterproof Cement Board Industry (2025): Market Leaders Revolutionizing Moisture-Resistant Construction

In Business Insights
June 22, 2025

The Global Waterproof Cement Board Market was valued at US$ 15.33 Billion in 2024 and is projected to reach US$ 20.7 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period (2024–2032). This expansion stems from rising demand for durable construction materials in wet environments, coupled with stricter building codes requiring mold-resistant solutions.

As architects and builders prioritize longevity in moisture-prone areas like bathrooms and kitchens, waterproof cement boards have become essential for modern construction. This analysis profiles the Top 10 Companies in the Waterproof Cement Board Industry – manufacturers advancing fiber-cement technology while expanding their global footprint.


🔟 1. James Hardie Building Products Inc.

Headquarters: Chicago, Illinois, USA
Key Offering: HardieBacker® cement boards, fiber-cement cladding

James Hardie controls 35% of North America’s fiber-cement sector, with its HardieBacker® series being the preferred choice for professional tile installers. The company’s patented formulation combines cellulose fibers with Portland cement for superior moisture resistance.

Technical Advantages:

  • ASTM C1325 compliant moisture barrier technology
  • 97% mold resistance rating in ASTM D3273 testing
  • Proprietary ColorPlus® weather-resistant finish

Download FREE Sample Report: Waterproof Cement Board Market – View in Detailed Research Report


9️⃣ 2. Etex Group

Headquarters: Brussels, Belgium
Key Offering: Fermacell Powerpanel HD, gypsum-fiber boards

Etex leads Europe’s fiber-cement market through its Fermacell division, producing water-resistant panels with 50% recycled content. Their Powerpanel HD withstands 95% relative humidity while maintaining structural integrity.

Technical Advantages:

  • Class 0 fire rating with Euroclass A2-s1,d0 certification
  • Impact resistance up to 50 Joules (EN 520 standard)
  • Moisture-resistant adhesive bonding system

8️⃣ 3. Nichiha USA

Headquarters: Brunswick, Georgia, USA
Key Offering: Nichijet architectural cement boards

Nichiha’s Japanese-engineered panels feature a capillary-break technology that achieves 0.5% water absorption rates. The company supplies cement boards for high-profile projects like the Mercedes-Benz Stadium in Atlanta.

Technical Advantages:

  • Patented rain-screen cladding system
  • Thermal expansion coefficient of 10.8 x 10^-6/°F
  • 1000+ hour salt spray resistance (ASTM B117)

Waterproof Cement Board Market – View Detailed Sample Report


7️⃣ 4. Carlisle Construction Materials (CCM)

Headquarters: Phoenix, Arizona, USA
Key Offering: DriTech cementitious backerboard

CCM’s DriTech series incorporates a waterproof membrane that achieves 0.02 perm vapor permeability. Their products are UL Classified for wet-area applications up to 24″ water head pressure.

Technical Advantages:

  • Integral polyethylene waterproof layer
  • ASTM C1325 Type A compliance
  • 300 psi compressive strength

6️⃣ 5. USG Corporation

Headquarters: Chicago, Illinois, USA
Key Offering: Durock® Brand Cement Board

USG’s Durock® panels feature EdgeTech technology that reduces water penetration by 85% compared to standard boards. The company operates the largest cement board manufacturing network in North America.

Technical Advantages:

  • Exceeds ANSI A118.9 performance standards
  • Fiberglass mesh reinforced edges
  • Moisture-resistant coating withstands 72-hour water immersion

5️⃣ 6. Elementia

Headquarters: Mexico City, Mexico
Key Offering: Superboard cement panels

Elementia dominates Latin America with its Superboard product line, engineered for tropical climates with fungal inhibitors that achieve 99.9% mold resistance in ASTM G21 testing.

Technical Advantages:

  • Seismic Zone 4 compliance (IBC 2018)
  • 1500 psi tensile strength
  • Class A fire rating (ASTM E84)

4️⃣ 7. Knauf

Headquarters: Iphofen, Germany
Key Offering: Aquapanel Exterior cement board

Knauf’s Aquapanel technology incorporates a mineral core that resists water penetration while allowing vapor transmission at 8.7 ng/(Pa·s·m²). The company supplies 28% of Europe’s exterior cement board demand.

Technical Advantages:

  • EN 12467 Type F waterproof classification
  • -40°C to +80°C operational range
  • 30-year limited warranty

3️⃣ 8. Cembrit

Headquarters: Aalborg, Denmark
Key Offering: Cembrit HD facade panels

Cembrit’s high-density panels achieve water absorption below 7% by weight (EN 12467). Their Danish manufacturing facility utilizes 100% renewable energy in production.

Technical Advantages:

  • Class 0 fire performance (BS 476 Part 6 & 7)
  • UV-stable color retention system
  • Impact resistance to 15 Joules (ISO 12467)

2️⃣ 9. Everest Industries

Headquarters: New Delhi, India
Key Offering: Everest WeatherTuff exterior boards

India’s market leader produces cement boards that withstand monsoon conditions, featuring a hydrophobic coating that reduces water absorption to 1.8% over 24 hours (IS 14862).

Technical Advantages:

  • Cyclone-resistant to 250 km/h winds
  • Thermal conductivity of 0.25 W/mK
  • 50-year structural warranty

Waterproof Cement Board Market – View Full Research Report


1️⃣ 10. Visaka Industries

Headquarters: Hyderabad, India
Key Offering: ATUM solar-integrated cement boards

Visaka’s ATUM series combines photovoltaic technology with waterproof cement boards, generating 15W/sqft while protecting structures from moisture penetration.

Technical Advantages:

  • IP68 waterproof rating for solar components
  • Maintains 85% power output after 25 years
  • Negative carbon footprint manufacturing

🏗️ Market Outlook: Sustainable Waterproofing Solutions

The waterproof cement board sector is evolving beyond moisture protection to address sustainability demands. Manufacturers are reducing carbon footprints while enhancing product durability.

📈 Key Technology Trends:

  • Nanocellulose fiber reinforcements increasing strength-to-weight ratios
  • Bio-based waterproof coatings replacing petroleum derivatives
  • Integrated moisture sensors with IoT connectivity

Read Full Report: Waterproof Cement Board Market – View in Detailed Research Report

These industry leaders are transforming wet-area construction through advanced materials science and smart manufacturing.