Insulated concrete forms (ICF) are hollow foam blocks which are stacked into the shape of the exterior walls of a building, reinforced with steel rebar, and then filled with concrete. They are used for building structures for residential, commercial, and industrial purposes. These blocks are steadily gaining traction in the market owing to growing awareness among the general public regarding its benefits such as less energy consumption, disaster resistance, and environment-friendly. Burgeoning construction activities across the globe is expected to boost the market for insulated concrete form.
By material type, expanded polystyrene is projected to grow at a significant CAGR. Expanded Polystyrene Foam is lightweight, durable, moisture resistant and has low thermal conductivity resulting in an increase in its demand during the forecast period.
Geographically, North America and Europe hold a major share of the market due to the presence of the majority of players. Market share is expected to be low in emerging nations of Asia Pacific, Africa, Middle East and South America due to lack of awareness about the latest construction technologies in these regions.
Drivers
Growing construction activities
A rise in demand for energy efficient buildings
Restraints
High cost involved in the use of ICF for construction
Industry Update
In September 2018, RPMInternational Inc. acquired Nudura Corporation, the leading manufacturer and distributor of insulated concrete forms in North America.
As per a thermal study conducted in March, 2017 by ICFMA, an ICF wall can achieve up to 60% energy savings and 58% greater R-value/RSI.
Segmentation
The insulated concrete form market has been analyzed through the following segments:
By material type
By end user
By Geography
North America
South America
Europe
Middle East and Africa
Asia Pacific
By material type, expanded polystyrene is projected to grow at a significant CAGR. Expanded Polystyrene Foam is lightweight, durable, moisture resistant and has low thermal conductivity resulting in an increase in its demand during the forecast period.
Geographically, North America and Europe hold a major share of the market due to the presence of the majority of players. Market share is expected to be low in emerging nations of Asia Pacific, Africa, Middle East and South America due to lack of awareness about the latest construction technologies in these regions.
Drivers
Growing construction activities
A rise in demand for energy efficient buildings
Restraints
High cost involved in the use of ICF for construction
Industry Update
In September 2018, RPMInternational Inc. acquired Nudura Corporation, the leading manufacturer and distributor of insulated concrete forms in North America.
As per a thermal study conducted in March, 2017 by ICFMA, an ICF wall can achieve up to 60% energy savings and 58% greater R-value/RSI.
Segmentation
The insulated concrete form market has been analyzed through the following segments:
By material type
- Expanded polystyrene
- Polyurethane
By end user
- Residential
- Commercial
By Geography
North America
- USA
- Canada
- Mexico
South America
- Brazil
- Argentina
- Others
Europe
- Germany
- France
- United Kingdom
- Spain
- Others
Middle East and Africa
- Saudi Arabia
- Israel
- Others
Asia Pacific
- China
- Japan
- South Korea
- India
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
4. MARKET DYNAMICS
5. INSULATED CONCRETE FORM MARKET BY MATERIAL TYPE
6. INSULATED CONCRETE FORM MARKET BY END USER
7. INSULATED CONCRETE FORM MARKET BY GEOGRAPHY
8. COMPETITIVE INTELLIGENCE
9. COMPANY PROFILES
Companies Mentioned
- NUDURA Inc.
- Quad-Lock Building Systems
- Airlite Plastics Company & Fox Blocks
- Logix Insulated Concrete Forms Ltd.
- Polycrete International
- LiteForm
- PFB Corporation
- ThermaGreen Block
- Amvic Building Solutions Ltd.
- TWINWALL ICF LIMITED
- DURISOL UK
Methodology
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