Global Insulated Concrete Form Market Size Analysis:
The insulated concrete form market is estimated to be USD XX billion in 2018 and is projected to reach USD XX billion by 2025, at a CAGR of XX% from 2018 to 2025. The ICF market was segmented according to type, material, end-user industry and region. The residential segment is expected to be the fastest end-user market segment in the ICF market during the forecast period. The gradual transfer of construction companies and consumers to profitable construction techniques, respectful with the environment and efficient from the energy point of view in emerging countries has created growth opportunities for the ICF market.
In terms of value, the expanded polystyrene foam segment is expected to grow at the highest annual growth rate during the forecast period. This growth can be attributed to a variety of consumer preferences, such as structural safety, comfort, energy efficiency, durability and low maintenance costs. The properties of expanded polystyrene foam include lightness, moisture resistance, durability, sound absorption and low thermal conductivity. This material is increasingly used in the form of insulated concrete due to its closed cell structure which results in minimal water absorption and low vapor permanence. Expanded polystyrene foam is used as a construction material to provide insulation to walls, foundations and roofs.
The construction industry has experienced a significant change with the introduction of the form of insulating concrete, as it allows designers to modify and improve the physical resistance of concrete elements, such as fire resistance and resistance to shocks, driving the demand for isolated concrete form.
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Insulated Concrete Form Market Drivers and Restraints:
The growth of the ICF market can be attributed to the rapid urbanization, the growing demand for green buildings with low energy consumption, favorable government regulations and the increase in construction activity around the world. Based on the materials, the expanded polystyrene foam segment is expected to dominate the insulating formwork market from 2018 to 2023. It is expected that the polyurethane foam segment of the ICF market will be the second largest CAGR during the forecast. Factors such as weak economic conditions in several countries after the financial recession of 2008–2012 and high cost of raw materials are restricting the growth of the market.
Insulated Concrete Form Market Geographic Segmentation:
The North America region is the largest consumer of insulated concrete products. The United States, Canada and Germany are among the main markets for the isolated concrete form. In North America, the ICF market is expected to experience the strongest growth during the forecast period. It is expected that a growing number of residential activities in the United States, Canada and Mexico will drive growth in the insulating concrete formwork market in North America. In addition, public investment in the construction sector offers potential growth opportunities for the ICF market in this region.

The insulated concrete form market is led by players that include NUDURA Corporation (Canada), Quad-Lock Building Systems (Canada), AMVIC (Canada), Fox Blocks (US), BASF (Germany), LOGIX Insulated Concrete Forms (UK), ConForm Global (US), KORE (Ireland), Polycrete International (Canada), LiteForm (US), Sunbloc (UK), Rastra (US), SuperForm Products (Denmark), Durisol (Australia), and Beco Products (UK). Fox Blocks adopted the strategy of partnerships to cater the rising demand for insulated concrete form worldwide.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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