The growing number of building codes that demand efficient energy has increased the number of insulated concrete form constructions in the residential sector. The ‘polystyrene foam” is the fastest growing material segment due to its several properties, such as easy recyclability of expanded polystyrene and shock & chemical resistance during the forecast period.
Data Bridge Market Research analyses that the insulated concrete form market was valued at USD 1.14 billion in 2021 and is expected to reach USD 2.03 billion by 2029, registering a CAGR of 7.50% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Definition
Insulated concrete form or concrete form is a formwork system for reinforced concrete. This is generally made with a rigid thermal insulation which stays in place as a permanent exterior and interior substrate for roofs, walls and floors. These forms are interlocking modular units which are filled with concrete and dry-stacked (without mortar). Insulated concrete form construction has become commonplace for both high performance residential and low rise commercial construction as more natural disaster resistant and stringent energy efficiency building codes are adopted.
Competitive Landscape and Insulated Concrete Form Market Share Analysis
The insulated concrete form market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to insulated concrete form market.
Some of the major players operating in the insulated concrete form market are:
- Tremco Incorporated (India)
- RPM International Inc., (U.S.)
- Quad-Lock Building Systems (Canada)
- Fox Blocks (U.S.)
- BASF (Germany)
- LOGIX (Canada)
- Polycrete International (Canada)
- LiteForm (U.S.)
- Rastra (U.S.)
- Super Form (Denmark)
- Durisol (Australia)
- Beco (U.K.)
- Mikey Block’s (U.S.)
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Global Insulated Concrete Form Market Scope
The insulated concrete form market is segmented on the basis of m concrete shape, material and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Concrete Shape
- Flat Wall System
- Screen Grid System
- Waffle Grid System
- Post & Lintel System
Material
- Polystyrene Foam
- Polyurethane Foam
- Cement-Bonded Wood Fiber
- Cement-Bonded Polystyrene Beads
- Others
Application
- Residential
- Commercial
- Industrial
- Infrastructure
Insulated Concrete Form Market Regional Analysis/Insights
The insulated concrete form market is analysed and market size insights and trends are provided by country, concrete shape, material and application as referenced above.
The countries covered in the insulated concrete form market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the insulated concrete form market in terms revenue. This is due to the consumer's growing awareness regarding the product's profits and the rising number of construction activities in this region.
Asia-Pacific is expected to be the fastest developing region during the forecast period due to the growing trends of green and modern constructions in this region.
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