Insulated Concrete Form (ICF) Market booming due to Increased Consumer Awareness and Growth in Construction and Industrial Activity

The Insulated concrete form market is expected to grow over the CAGR of around 7% during the period 2016 to 2022

Market Highlights
Insulated concrete form (ICF) is a system of formwork for reinforced concrete which is made with a rigid thermal insulation that stays in place as a permanent interior and exterior substrate for walls, floors, and roofs. Rising demand of energy efficient homes form is primary driving this market. Also low maintenance, better strength and lower rate of acoustic transmission are some factors fueling the growth of this market.

On the basis of material, the Insulated Concrete Forms Market is segmented as polystyrene foam, polyurethane foam, cement-bonded wood fiber, cement-bonded polystyrene beads and others. Polystyrene foam represents the largest product segment by material and accounted around 60% of insulated concrete form market share in 2015; owing to consumer preferences such as structural safety, comfort, durability and low maintenance costs.

Unavailability of skilled labor may hamper the growth of this market. On the basis of region, North-America is the largest market by value. APAC region is expected to grow at good pace during the forecast period. The Insulated concrete form market is expected to grow at CAGR of about 7% by 2022

Key Players
• IntegraSpec ICF
• Quad-Lock Building Systems Ltd.
• Nudura Corporation
• Logix Insulated Concrete Forms Ltd.
• Reward Wall Systems Inc.
• Amvic Building System
• BuildBlock Building Systems Inc.
• Plasti-Fab Expanded Polystyrene Product Solutions
• Durisol Building System Inc.
• Airlite Plastics Company

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Scope of the Report
This study provides an overview of the insulated concrete form market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the ICF Market as Concrete Shape, Material types and Application.

By Concrete Shape
• Flat wall system
• Screen grid system
• Waffle grid system
• Post & Lintel system

By Material Type
• Polystyrene foam
• Polyurethane foam
• Cement-bonded wood fiber
• Cement-bonded polystyrene beads

By Application
• Residential
• Commercial
• Industrial
• Infrastructural

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Market Research Analysis
The market is highly application based. The factors contributing to the growth of the insulated concrete form market is the increased consumer awareness and growth in the construction & industrial activity across the globe. The market is expected to have higher growth rate as compared to the previous years. North-America is the largest region for the insulated concrete form market, followed by Europe.

Target Audience
o Insulated concrete form manufactures
o Distributors & Suppliers
o Environmental Associations
o Research Institute / Education Institute
o Potential Investors

Related Report
Insulation Market Information by Material (Fiberglass, Plastic fibers, Mineral Wool, Natural fibers) and by Applications (Residential, and Non-residential) and Region - Forecast to 2022

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Release ID: 163735