The global demand for Insulated Concrete Form Market is presumed to reach the market size of nearly USD 1555.23 MN by 2028 from USD 1000.8 MN in 2021 with a CAGR of 6.5% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Million Square Feet in 2021 and forecast to touch XX Million Square Feet by 2028 with a CAGR of XX% during 2022-2028.
The insulated concrete form is one of the components used to create safe, energy-efficient, and long-lasting building structures. Insulating concrete forms (ICFs) produce cast-in-place concrete walls with two layers of insulation material sandwiched between them. Insulating concrete formwork (ICF) is a construction method that uses lightweight formwork (made of insulating material) to support concrete walls. At the same time, they are being cast in place and then leaves the formwork in place as insulation. Insulated concrete formwork is made out of twin-walled expanded polystyrene panels that are stacked together to form a permanent formwork that will hold ready-mixed concrete for the walls. Insulated concrete form structures are cost-effective, energy-efficient, long-lasting, sound- and fire-resistant, and environmentally benign. Different people or consumers have different expectations, such as disaster-resisting structures and soundproof walls, which may all be met by using insulated concrete forms during construction.
Market Dynamics
Demand for energy-efficient structures, increased development of high-rise buildings, increased catastrophe readiness, and reduced construction time are elements propelling the insulated concrete form market forward. The market for insulated concrete forms is being driven by expanding infrastructure and construction activities. Making minor adjustments in the manufacture of ICFs improves thermal insulation performance, and its popularity among customers is growing by the day, which is a significant element driving market expansion. The raw materials used in ICF construction include expanded polystyrene foam (EPS) and polyurethane, which are energy efficient and boost the insulation of construction space. Construction time is also reduced by using insulated concrete forms, further bolstering market expansion.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of insulated concrete form. The growth and trends of Insulated Concrete Form Industry provide a holistic approach to this study.
Market Segmentation
This section of the insulated concrete form market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Flat Wall Systems
- Grid Wall Systems
- Screen Grid Systems
- Waffle Grid Systems
- Post & Lintel Systems
By Material
- Expanded Polystyrene Foam
- Polyurethane Foam
- Others (Cement-Bonded Wood Fiber And Cellular Concrete)
By End-Use Industry
- Residential
- Non-Residential
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Insulated Concrete Form market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Insulated Concrete Form Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the insulated concrete form market include NUDURA Corporation (Canada), Quad-Lock Building Systems (Canada), AMVIC (Canada), Fox Blocks (US), BASF (Germany), LOGIX Insulated Concrete Forms (UK), ConForm Global (US), KORE (Ireland), Polycrete International (Canada), LiteForm (US), Sunbloc (UK), Rastra (US), SuperForm Products (Denmark), Durisol (Australia), and Beco Products (UK). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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