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Insulated Concrete Form Market Report
The Insulated Concrete Form Market is Segmented by Material Type (Polystyrene Foam, Polyurethane Foam, Cement-Bonded Wood Fiber, Cement-Bonded Polystyrene Beads, and Cellular Concrete), by Application Type (Commercial, Industrial, Infrastructure, and Residential), and by Region...
Impact of COVID-19 on Insulated Concrete Form Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Insulated Concrete Form Market is likely to witness a CAGR of 5.3% during the forecast period. Surge in demand for green & sustainable construction to reduce carbon footprint, disaster resiliency, along with heating & cooling benefits in modern construction to drive the insulated concrete form market growth during the forecast period. Further, growing urbanization in the developing countries to render a positive impact for the building sector which will further enhance the industry landscape.
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Insulated Concrete Form Market – Snapshot |
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Growth |
5.3% for the next five years |
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Major Material Type |
Polystyrene Foam |
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Leading Application Type |
Residential |
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Region with the highest demand |
North America |
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Key Players |
BASF, IntegraSpec, Quad-Lock Building Systems Ltd., Airlite (Fox Blocks), Superform Products Ltd., Nudura Corporation, Amvic, Logix Insulated Concrete Forms Ltd., Plasti-Fab, and BuildBlock Building Systems |
Based on the material type, the market is segmented as polystyrene foam, polyurethane foam, cement-bonded wood fiber, cement-bonded polystyrene beads, and cellular concrete. Polystyrene foam is expected to witness significant growth rate in the market during the forecast period owing to the properties such as lightweight, high rigidity, effective impact resistance, excellent thermal insulation, and easy recyclability. In addition, a variety of product applications, such as flooring, walls, industrial cold storage facilities, refrigerators, and freezers are further expected to drive the insulated concrete form market growth during the forecast period.
Based on the application type, the market is segmented as commercial, industrial, infrastructure, and residential. The residential segment is anticipated to register high growth rate in the market owing to expected residential development in several developing economies, including India, China, and Indonesia, giving a positive commercial landscape for manufacturers. Furthermore, evolving consumer attitudes towards the development of houses that provide superior energy efficiency, improved safety, and comfort is expected to boost the product demand in the market during the forecast period.
In terms of regions, North America is estimated to be the leading region in the market during the forecast period. Rising homebuyer worries about issues such as energy prices have prompted big builders to evaluate the energy-efficiency of building materials, which will increase their market share. In addition, the industry's growth will be fueled by the increased adoption of ICFs and pre-formed blocks and panels by major manufacturers, which offer improved energy efficiency. Asia-Pacific is also expected to offer substantial growth opportunities during the forecast period.
Insulated concrete form is a type of reinforced or formwork concrete that is made up of rigid thermal insulation. It is an interlocking modular component that is dry-stacked before being filled with concrete.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Insulated Concrete Form Market Research Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The insulated concrete form market is segmented into the following categories.
Some of the key players in the insulated concrete form market are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
The insulated concrete forms market is expected to witness an impressive growth of 5.3% CAGR in the foreseeable future.
BASF, IntegraSpec, Quad-Lock Building Systems Ltd., Airlite (Fox Blocks), Superform Products Ltd., Nudura Corporation, Amvic, Logix Insulated Concrete Forms Ltd., Plasti-Fab, and BuildBlock Building Systems are the key players in the insulated concrete forms market.
North America is expected to be the leading insulated concrete forms market during the forecast period.
The residential segment is expected to register high growth rate in the insulated concrete forms market in the coming five years.
Polystyrene foam is expected to witness significant growth rate in the insulated concrete forms market during the next five years.
Surge in demand for green & sustainable construction to reduce carbon footprint, disaster resiliency, along with heating & cooling benefits in modern construction are the factors driving the growth of insulated concrete forms market.
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