DUBLIN , June 20, 2022 /PRNewswire/ -- 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. 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.
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Sunbloc Ltd. Key Questions Answered in This Report
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 6.1 Flat Wall Systems 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Grid Wall Systems 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Post and Lintel Systems 6.3.1 Market Trends 6.3.2 Market Forecast 7 Market Breakup by Material 7.1 Polystyrene Foam 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Polyurethane Foam 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Others 7.3.1 Market Trends 7.3.2 Market Forecast 8 Market Breakup by End Use 8.1 Residential 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Non-Residential 8.2.1 Market Trends 8.2.2 Market Forecast 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 14.3.1 Airlite Plastics Company & Fox Blocks 14.3.1.1 Company Overview 14.3.1.2 Product Portfolio 14.3.2 Amvic Inc. 14.3.2.1 Company Overview 14.3.2.2 Product Portfolio 14.3.3 BASF SE 14.3.3.1 Company Overview 14.3.3.2 Product Portfolio 14.3.3.3 Financials 14.3.3.4 SWOT Analysis 14.3.4 Beco Products Ltd 14.3.4.1 Company Overview 14.3.4.2 Product Portfolio 14.3.5 BuildBlock Building Systems LLC 14.3.5.1 Company Overview 14.3.5.2 Product Portfolio 14.3.6 Durisol UK 14.3.6.1 Company Overview 14.3.6.2 Product Portfolio 14.3.7 LiteForm Technologies 14.3.7.1 Company Overview 14.3.7.2 Product Portfolio 14.3.8 Logix Brands 14.3.8.1 Company Overview 14.3.8.2 Product Portfolio 14.3.9 Nudura Corporation (RPM International Inc.) 14.3.9.1 Company Overview 14.3.9.2 Product Portfolio 14.3.10 Polycrete International 14.3.10.1 Company Overview 14.3.10.2 Product Portfolio 14.3.11 Quad-Lock Building Systems 14.3.11.1 Company Overview 14.3.11.2 Product Portfolio 14.3.12 Sunbloc Ltd. 14.3.12.1 Company Overview 14.3.12.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/1p6gis
Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com
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