Global Insulated Concrete Form Market (2022 to 2027) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Insulated Concrete Form (ICF) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global insulated concrete form (ICF) market reached a value of US$ 878.2 million in 2021. Looking forward, the market is projected to reach a value of US$ 1,204.10 million by 2027, exhibiting a CAGR of 5.10% during 2022-2027.
Companies Mentioned
- Airlite Plastics Company & Fox Blocks
- Amvic Inc.
- BASF SE
- Beco Products Ltd
- BuildBlock Building Systems LLC
- Durisol UK
- LiteForm Technologies
- Logix Brands
- Nudura Corporation (RPM International Inc.)
- Polycrete International
- Quad-Lock Building Systems
- Sunbloc Ltd
Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor.
Insulated concrete form (ICF) is a strong and energy-efficient system of formwork, which utilizes hollow block components that are dry-stacked together. It is manufactured using polystyrene foam, cement-bonded wood fiber, polyurethane foam, and cement-bonded polystyrene beads. It is widely used for the construction of residential, industrial, and commercial buildings. ICF is also used for manufacturing reinforced concrete (RCC) and is placed as a substrate for walls, roofs, and floors.
It provides various benefits, such as greater comfort, energy efficiency, cost-effectiveness, sound blocking ability, and safety and disaster resistance. In comparison to traditional construction materials, ICF allows design flexibility and thermal, fire, and disaster resistance. As a result, ICF finds extensive application in construction and infrastructural activities.
Significant growth in construction activities across the globe is a key factor driving the market growth. ICF is widely used for constructing non-residential infrastructures, such as offices, business parks, warehouses, and government facilities. In line with this, the increasing product demand in the construction of residential and public facilities, such as hotels, churches, schools, shopping centers, and housing buildings, is favoring the market growth.
Moreover, various product innovations, such as the development of pre-built shapes of insulated concrete forms that provide enhanced durability, strength, and reduce the overall construction time, are providing an impetus to the market growth. In addition to this, the increasing demand for energy-efficient green buildings that are resource-efficient and minimize water wastage are positively impacting the market growth. Apart from this, the rising demand for durable and advanced building insulation, along with rapid urbanization, are anticipated to create a positive outlook for the market.
Key Questions Answered in This Report
- How has the global insulated concrete form (ICF) market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global insulated concrete form (ICF) market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the End-use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global insulated concrete form (ICF) market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Insulated Concrete Form (ICF) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
7 Market Breakup by Material
8 Market Breakup by End Use
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/3u2ml
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