Insulated Concrete Form Market Growth 2022-27: Report


Insulated Concrete Form Market Growth 2022-27: Report



According to the latest report by IMARC Group, titled “Insulated Concrete Form Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global insulated concrete form market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global insulated concrete form (ICF) market reached a value of US$ 878.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,204.10 Million by 2027, exhibiting a CAGR of 5.10% during 2022-2027.

Industry Overview and Application :

Insulated concrete form (ICF) refers to a strong and energy-efficient system of formwork made up of insulating foam or hollow block components that are dry-stacked together. It is used for manufacturing reinforced concrete (RCC) and is placed as a substrate for roofs, walls, and floors. It also provides various benefits, such as energy efficiency, sound blocking ability, cost-effectiveness, and enhanced safety to disasters. As a result, ICF is widely utilized across the construction industry.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Insulated Concrete Form (ICF) Market Trends and Drivers:

The market is primarily driven by the expanding construction industry as ICF is extensively utilized in the construction of residential and non-residential infrastructures.

In addition, various product innovations, such as the introduction of pre-built shapes of insulated concrete forms that provide strength, enhance durability and reduce the overall construction time, represent another major growth-inducing factor. Besides this, due to the growing prominence of green building concepts, ICF is widely used to increase the energy efficiency of the building and minimize overall wastage.

This, coupled with the escalating demand for durable and advanced building insulation, is creating a positive market outlook across the globe. Furthermore, rapid urbanization across the developing economies is expected to propel market growth in the coming years.

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Insulated Concrete Form (ICF) Market Report Scope
Report Coverage Details
Market size value in 2021 US$ 878.2 Million
Market forecast in 2027 US$ 1,204.10 Million
Growth Rate CAGR of 5.10% from 2022 to 2027
Base year for estimation 2021
Historical data 2016-2021
Forecast period 2022-2027

Global Insulated Concrete Form (ICF) Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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.

The report has segmented the market on the basis of region, type, material and end use.

Breakup by Type:

  • Flat Wall Systems
  • Grid Wall Systems
  • Post and Lintel Systems

Breakup by Material:

  • Polystyrene Foam
  • Polyurethane Foam
  • Others

Market Breakup by End Use:

  • Residential
  • Non-Residential

 Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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 Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Read Also : Civil Engineering Market Growth 2022-27: Industry Trends

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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