Insulated Concrete Form Market Report

Market Insights

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.

Segments' Analysis

Insulated Concrete Form Market Share: By Material Type

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. 

Insulated Concrete Form Market Share: By Application Type

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.

Insulated Concrete Form Market Share: By Region

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.

Market Scope & Segmentation

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.

The insulated concrete form market is segmented into the following categories.

Insulated Concrete Form Market Size, Share, & Forecast, by Material Type:

• Polystyrene Foam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Polyurethane Foam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Cement-Bonded Wood Fiber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Cement-Bonded Polystyrene Beads (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Cellular Concrete (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Insulated Concrete Form Market Size, Share, & Forecast, by Application Type:

• Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Insulated Concrete Form Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Key Players

Some of the key players in the insulated concrete form market are-

• BASF
• IntegraSpec
• Quad-Lock Building Systems Ltd.
• Airlite (Fox Blocks)
• Superform Products Ltd.
• Nudura Corporation
• Amvic
• Logix Insulated Concrete Forms Ltd.
• Plasti-Fab
• BuildBlock Building Systems.

Research Methodology

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.

Report Features

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:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the material types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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.