Global Insulated Concrete Form Market Overview:
Insulating concrete forms, also known as ICFs, is utilized for holding fresh concrete and remain within permanently to insulate for the structure thereafter. It is composed of hollow blocks or panels and usually made of insulating materials such as expanded polystyrene (EPS), polyurethane foam, or extruded polystyrene (XPS) that are stacked to make the shape of the wall. As compared to traditional construction methods ICFs are quickly installed and also offers insulation which is expected to drive the market. Increasing environment concerns and popularity of eco-friendly construction materials and energy-efficient buildings is likely to create significant opportunities for the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Popularity of ICF Components Made With Recycled or Bio-based Materials
Market Growth Drivers:
Rising Demand of Energy-Efficient Construction and Focus on Disaster Resilience and Durability and Increasing Urbanization Across the Globe and Construction of Residential & Commercial Buildings
Challenges:
Lack of Awareness and Familiarity With ICFs and Its Benefits Among Builders
Restraints:
High Initial Cost As Compared to Traditional Construction Methods
Opportunities:
Government Incentives and Regulations to Encourage the Energy-Efficient Buildings Construction
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are Foam Holdings, Inc. (United States), BASF SE (Germany), PFB Corporation (Canada), Logix Brands Ltd. (Canada), Fox Blocks (United States), Beco Products Ltd (United Kingdom), SunBloc (United Kingdom), NUDURA Corporation (Canada), Polycrete International (Canada), Sismo (Belgium), Mikey Block (United States) and Quad-Lock Building Systems (Canada). Analyst at AMA Research see Canadian Manufacturers to retain maximum share of Global Insulated Concrete Form market by 2030. Considering Market by Material Type, the sub-segment i.e. Polystyrene Foam (EPS) will boost the Insulated Concrete Form market.
What Can be Explored with the Insulated Concrete Form Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Insulated Concrete Form Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Insulated Concrete Form
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Insulated Concrete Form market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Insulated Concrete Form market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Insulated Concrete Form Manufacturers, Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.