Insulated Concrete Form Market Report 2026

The insulated concrete form market size has grown strongly in recent years. It will grow from $1.12 billion in 2025 to $1.19 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to rising demand for energy-efficient buildings, adoption of traditional concrete block construction, urbanization in emerging economies, growth in residential and commercial construction, focus on reducing construction time and labor.

The insulated concrete form market size is expected to see strong growth in the next few years. It will grow to $1.5 billion in 2030 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increasing adoption of modular and pre-fabricated construction, demand for sustainable and eco-friendly materials, growth in infrastructural and industrial projects, integration of iot and smart monitoring in construction, advancements in fire-resistant and high-performance icf panels. Major trends in the forecast period include adoption of energy-efficient icf systems, integration of pre-fabricated and modular construction techniques, use of lightweight and high-density materials, expansion in residential and commercial applications, development of fire-resistant and durable icf panels.

The increasing construction activities are expected to drive the growth of the insulated concrete form (ICF) market in the future. Construction activities encompass various tasks, processes, and operations involved in the planning, design, development, and assembly of buildings, infrastructure, and other structures. The use of insulated concrete forms in construction provides benefits such as reduced energy consumption for heating and cooling, thermal resistance, sound insulation, durability, flexibility, and lower carbon emissions. For example, in July 2024, the Committee on Statistics of the Ministry of National Economy of the Republic of Kazakhstan, a government agency, reported that the volume of construction work (services) in 2023 amounted to 7.61 trillion tenge, marking a 15.1% increase compared to 2022. Thus, the rise in construction activities is fueling the growth of the insulated concrete form (ICF) market.

Leading companies in the insulated concrete form market are focusing on innovative products, such as bio-attributed PU (Polyurethane) foams, to boost their revenue. Bio-attributed PU foams are polyurethane foams made from renewable or bio-based raw materials, unlike traditional PU foams, which are primarily sourced from petroleum-based materials. For example, in September 2023, Covestro AG, a Germany-based materials science company, partnered with Selena Group to introduce bio-attributed PU foams. These new foams maintain the same performance as their fossil fuel-based counterparts, allowing clients to integrate them seamlessly into existing operations without compromising quality. In addition to bio-attributed PU foam, Selena's product range includes foams made from recovered PET materials and bio-based polyols. This new line of PU foams is more environmentally friendly and enhances thermal insulation in buildings.

In November 2025, Tremco CPG Inc, a US-based building products manufacturer, acquired LiteForm LLC for an undisclosed amount. Through this acquisition, Tremco seeks to enhance its Nudura brand’s insulated concrete form (ICF) offerings by incorporating LiteForm’s advanced ICF roof and floor systems and broadening its complete building envelope solutions. LiteForm LLC is a US-based company that designs and manufactures ICF systems, including roof and floor solutions that improve thermal efficiency and structural performance in construction projects.

Major companies operating in the insulated concrete form market report are Nudura Corporation, Quad-Lock Building Systems Ltd., Amvic Insulated Concrete Forms, Logix Brands Ltd., Liteform International Inc., Rastra Apex Corp. Ltd., SuperForm Products Ltd., Durisol UK Ltd., ConForm Global Pvt. Ltd., KORE Group Holdings Inc., Standard ICF Corp., BuildBlock Building Systems LLC., IQbloc Malta Ltd., ISO SPAN Baustoffwerk GmbH, PolySteel UK Ltd., Sismo Inc., Styro Stone Pvt. Ltd., Thermo House System Sp. z o. o., Twinwall-ICF Limited, Variant Haus SL, Airlite Plastics Company, JACKON Insulation GmbH, Poliespanso S. r. l., SHC Ltd., Sunbloc Ltd., Green Life Buildings Ltd.

North America was the largest region in the insulated concrete form market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the insulated concrete form market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the insulated concrete form market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The insulated concrete form market consists of sales of plastic foam beads, polypropylene, polybutylene terephthalate, and nylon. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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