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Insulated Concrete Form - Global Market Trajectory & Analytics

  • ID: 4805465
  • Report
  • April 2021
  • Region: Global
  • 277 Pages
  • Global Industry Analysts, Inc
Global Insulated Concrete Form Market to Reach $1.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Insulated Concrete Form estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027. Expanded Polystyrene Foam, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$755.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Polyurethane Foam segment is readjusted to a revised 5.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $310 Million, While China is Forecast to Grow at 7.5% CAGR

The Insulated Concrete Form market in the U.S. is estimated at US$310 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$325.3 Million by the year 2027 trailing a CAGR of 7.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Other Materials Segment to Record 4% CAGR

In the global Other Materials segment, USA, Canada, Japan, China and Europe will drive the 3.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$119.1 Million in the year 2020 will reach a projected size of US$153 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$212 Million by the year 2027, while Latin America will expand at a 5% CAGR through the analysis period.

Select Competitors (Total 43 Featured):
  • Amvic, Inc.
  • Beco Products Ltd.
  • Conform Global (SmartBlock)
  • Durisol UK
  • Fox Blocks
  • KORE Wireless Group, Inc.
  • Liteform
  • Logix Insulated Concrete Forms Ltd.
  • Nudura Corporation
  • Polycrete International
  • Quad-Lock Building Systems.
  • Rastra
  • Sunbloc
Frequently Asked Questions about the Global Market for Insulated Concrete Form

What is the estimated value of the Global Market for Insulated Concrete Form?

The Global Market for Insulated Concrete Form was estimated to be valued at $1.1 Billion in 2020.

What is the growth rate of the Global Market for Insulated Concrete Form?

The growth rate of the Global Market for Insulated Concrete Form is 5.5%, with an estimated value of $1.6 Billion by 2027.

What is the forecasted size of the Global Market for Insulated Concrete Form?

The Global Market for Insulated Concrete Form is estimated to be worth $1.6 Billion by 2027.
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • World Market Trajectories
  • Insulated Concrete Form Market to Grow Steadily
  • The Residential Sector to Register Highest Growth
  • North American Region to Dominate the Market
  • Polystyrene Foam Segment to Account for Largest Share
  • Impact of Covid-19 and a Looming Global Recession
  • Increasing Demand for Energy-efficient Green Buildings
  • Exhibit 1: Top Drivers of Green Building Activity
  • Momentum in Construction Activity to Bode Well for Market Growth
  • Exhibit 2: Annual Rate of Construction Spending in Billion USD by Sector: 2015-2020
  • Opportunities
  • Rapid Urbanization
  • Exhibit 3: Worldwide Rural and Urban Population in Billions: 1500-2050
  • Innovations in Insulated Concrete to Spur Market Demand
  • Higher Initial Investments May Restrain Market Growth
  • Lack of Awareness and Economic Downturn in Specific Regions Challenge Market Growth


  • Total Companies Profiled: 43
Note: Product cover images may vary from those shown