ID: MRFR/CO/1481-HCR | February 2021 | Region: Global | 113 pages
Insulated concrete form (ICF) is a system of formwork for reinforced concrete which is made with a rigid thermal insulation that stays in place as a permanent interior and exterior substrate for walls, floors, and roofs. The key driver of the growth of insulated concrete form market is the growing construction & infrastructural activities across the globe. The rising demand for natural disaster resistant buildings among consumers is also fueling the growth of this market. Enhanced thermal insulation performance has augmented its popularity among the competitors & consumers, and is also contributing to the market growth. However, fluctuating prices of raw materials are expected to remain a key challenge for the industry participants. The insulated concrete form market is expected to grow at a CAGR of 7% by 2022.
Study Objectives of Insulated concrete form Market
Regional Analysis of Insulated concrete form Market
North-America is the largest market for insulated concrete form, followed by Europe. Consumer awareness, increasing demand for thermal insulation in residential and commercial buildings and government initiatives such as Weatherization Assistance Program, which promotes the thermal insulation, are the major factors driving the market in North America. Asia-Pacific is expected to grow at the fastest pace during the forecast period.
Market Size of Insulated Concrete Form Market by Regions (USD Million)
Key Players The leading players in the insulated concrete form markets are IntegraSpec ICF, Quad-Lock Building Systems Ltd., Nudura Corporation, Logix Insulated Concrete Forms Ltd., Reward Wall Systems Inc., Amvic Building System, BuildBlock Building Systems Inc., Plasti-Fab Expanded Polystyrene Product Solutions, Durisol Building System Inc., and Airlite Plastics Company.
The report for Insulated Concrete Form Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
|Market Size||2027: Significant Value|
|CAGR||7% CAGR (2020-2027)|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Concrete Shape, Material, Application|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||IntegraSpec ICF, Quad-Lock Building Systems Ltd., Nudura Corporation, Logix Insulated Concrete Forms Ltd., Reward Wall Systems Inc., Amvic Building System, BuildBlock Building Systems Inc., Plasti-Fab Expanded Polystyrene Product Solutions, Durisol Building System Inc., and Airlite Plastics Company|
|Key Market Opportunities||
|Key Market Drivers||The growing construction & infrastructural activities|
Frequently Asked Questions (FAQ) :
Insulated concrete form (ICF) is a system of formwork for reinforced concrete which is made with a rigid thermal insulation that stays in place as a permanent interior and exterior substrate for walls, floors, and roofs.
insulated concrete form market is expected to exhibit a strong 7% CAGR over the forecast period till 2022.
The growing construction industry and the growing demand for natural disaster resistant buildings is the major driver for the insulated concrete form market.
North America is the largest regional market for insulated concrete form.
Leading players in the global insulated concrete form market include Amvic Building System, IntegraSpec ICF, and Nudura Corporation, among others.