Global Insulated Concrete Form Market

Global Insulated Concrete Form Market was valued US$ 1.10 Bn in 2017 and is expected to reach 1.75 Bn by 2026, at a CAGR of 5.98 % during a forecast period.

The construction industry is rapidly developing across the globe, and huge modifications can be witnessed in the structures built recently, which built over a decade ago. Shifting lifestyles, increasing urbanization trend, and growing demand for energy-efficient and eco-friendly residential and non-residential buildings have enforced architects and engineers to revolutionise the design of concrete structures, which will suite for numerous applications and requirements. The immigration of rural population to urban areas and the conversion of towns into cities are growing the demand for new construction projects. These are the factors, which is expected to drive the demand Insulated Concrete Form across the globe.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by material, type, end-user and region and, project the global insulated concrete form market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global insulated concrete form market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.

Polystyrene foam material segment is expected to grow at a high rate of CAGR in the global insulated concrete form market during the forecast period. This growth can be accredited to different consumer preferences like structural safety, comfort, energy efficiency, durability, and low maintenance costs. Expanded polystyrene foam offers the properties like lightweight, moisture resistance, durability, acoustic absorption, and low thermal conductivity. This material is progressively used in insulated concrete form owing to its closed cell structure, which causes minimal water absorption and low vapor permanence.

Asia Pacific is expected to share significant growth in the global insulated concrete form market owing to increasing demand of insulated concrete form derived by Asian countries like China, Australia, Japan, and India. Currently, the regional market penetration is low on interpretation of low awareness, cost issues, and fewer regulations. Furthermore, altering government outlook, which encourages infrastructure and commercial construction growth is projected to open new opportunities for the industry.

The sector is experiencing considerable transformation, which has enhanced the growth pace of the sector. The key players in construction industry are resourcefully utilizing their primary resources to newcomer long lasting growth changes to attain and uphold their competitive benefit in their target market. A trend of volume-driven growth has been beheld in the market of late with the development of altered varieties of product types.

In 2018, Prince’s Terrace project which was collaboration between The Prince's Trust Australia, Renewal SA and Defence Housing Australia (DHA was lately completed. This project build by Palumbo Building Group of Adelaide .The external walls of the residential units was featured by insulated concrete form blocks from ZEGO Building Systems. The ICF blocks have property as it has ten times the thermal resistance of a standard brick wall.

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Scope of the Report for Global Insulated Concrete Form Market

Global Insulated Concrete Form Market, By Type

• Flat Wall Systems
• Grid Systems
Screen Grid Systems
Waffle Grid Systems
• Post and Lintel Systems
Global Insulated Concrete Form Market, By Material

• Expanded Polystyrene Foam
• Polyurethane Foam
• Others
Global Insulated Concrete Form Market, By End-Use Industry

• Residential
• Non-Residential
Global Insulated Concrete Form Market, By Geography

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players

• Quad-Lock Building Systems
• Amvic
• Fox Blocks
• Nudura Corporation
• Logix Insulated Concrete Forms
• Conform Global
• Kore
• Polycrete International
• Liteform
• Sunbloc
• Rastra
• Superform Products
• Durisol
• Beco Products
• Airlite Plastics Company
• TF Forming systems

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