The global insulated concrete form market is anticipated to grow at a CAGR of nearly 5.7% during the forecast period (2021-2027). An insulated concrete form is one of the components used to create building structures that are safe, energy-efficient, and sustainable. The material used in the construction of insulated concrete form buildings are sustainable materials such as Expanded Polystyrene Foam (EPS) and polyurethane, these materials enhance the energy efficiency, and improve the insulation of the construction space, which makes them excellent raw materials for these buildings.
Browse the full report description of “Global Insulated Concrete Form (ICF) Market Size, Share & Trends Analysis Report, By Material (Polystyrene Foam, Polyurethane Foam, Cement-bonded Wood Fiber, Cement-bonded Polystyrene Beads, and Cellular Concrete), By Application (Commercial, Industrial, Infrastructure, and Residential), Forecast (2021-2027).” at https://www.omrglobal.com/industry-reports/insulated-concrete-form-icf-market
In addition to this Insulated concrete form types, such as flat wall systems, post & lintel systems, and grid systems, can absorb radiation and are easy to recycle, which makes the construction energy-efficient. Also, there is a rise in demand for green buildings, mainly in European, and North American regions. Various building regulations in these regions make the players operating in the construction industry use sustainable and energy-efficient materials in both, non-residential and residential buildings. For instance, As per the Organization for Economic Co-operation and Development (OECD), construction spending is expected to be 5.6% in the US, 6.0% in Canada, and 4.8% in Mexico.
The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. In August 2021, Graven Hill has partnered with Iconic Development Group to offer ICF-constructed homes in the United Kingdom. Moreover, Iconic Development Group is building six homes at Graven Hill and plans to build 20 houses at the site in the coming years.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Material
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Airlite Plastics Company, Amvic Inc., Apex Block, and BASF SE, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Insulated Concrete Form Market Report by Segment
By Material
By Application
Global Insulated Concrete Form Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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