Insulated Concrete Form Market Report to 2025 | Current and Future Trends by Leading Players
Category: #reports  By Rahul Varpe  Date: 2020-04-07
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Insulated Concrete Form Market Report to 2025 | Current and Future Trends by Leading Players

The goal of reducing energy consumption for heating and cooling is one of the major factors driving the Insulated Concrete Form Market. The product is estimated to save about 20% or more on energy bills, mainly as concrete in ICFs acts as a thermal mass which transfers heat significantly slower, eventually reducing heat penetration during summer and loss during winter. Additionally, increasing occurrence of natural disasters like hurricanes, tsunamis, floods, earthquakes, volcanic eruptions and more will increase construction of ICF based disaster-resistant houses.

As per the latest research report, the global Insulated Concrete Form Market is anticipated to depict a CAGR of 5.5% through 2025, having recorded a valuation of $1 billion in 2018.

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By 2025, the Insulated Concrete Form Market is expected to hit a remuneration of $1.6 billion. An extremely definite evaluation of the global market in terms of qualitative as well as quantitative analysis has been covered in this report.

Nowadays, home builders are increasingly turning towards a variety of cost-efficient construction methods to improve the thermal performance of the overall project. One such method includes the use of polyurethanes form which can significantly help conserve natural resources and further preserve the environment by reducing energy usage. Due to its excellent insulation properties, strength-to-weight ratio, versatility and durability, polyurethane is frequently used in building and construction applications.

With the demand for sustainable construction escalating by the day, insulated concrete form market has come to garner immense popularity. Indeed, the industry trends are specifically influenced by the requirement of affordable in regions experiencing rapid urbanization or harsh weather conditions. A unique formwork system, insulated concrete forms involve the fixation of lightweight foam blocks made of expanded polystyrene (EPS) to attain desired wall shapes, which are then filled with concrete. This system provides improved energy savings, greater safety and by far a more healthy and comfortable living experience for its occupants. These benefits that have led to an upsurge in the product acceptance in the commercial, residential, infrastructural, and industrial sectors worldwide, gradually augmenting the global ICF industry size.

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Top Companies

BASF SE, Airlite (Fox Blocks), Amvic Inc., Apex Block, Bayer AG, Beco Products Ltd., Buildblock Building Systems, Conform Global, Durisol, Future Foam Inc., FXI-Foamex Innovations, ICF Tech, Integraspec, ISM Sismo, Liteform Technologies, Logix Insulated Concrete Forms Ltd., Mickey Block, Monolith, Nudura Corporation, PFB Corpotaion, Plasti-Fab, Polycrete, Polysteel Warmer Wall, Quad-Lock Building Systems Ltd., Rastra Holding L.L.C, Standard ICF Corp., Sunbloc, Superform Products Ltd., Tosoh Corporation

Split by application, the market is divided into

  1. Commercial
  2. Industrial
  3. Infrastructure
  4. Residential

This study is inclusive of in-depth information with respect to the consumption of the product as well as application segment market share, in tandem with the growth rate likely to be registered by every application segment.

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What are the key highlights of this report?

  1. A systematic pricing analysis has been done on the sources of the product, application, as well as regional categories
  2. A detailed analysis of the vendor matrix, important companies that will help better understand the competitive situation of the global business
  3. Important, insightful data on the regulatory status of the market, as well as the investment scenario – for instance, how many stakeholders have invested in the market and so on
  4. A deep-dive understanding of the various aspects propelling the overall market growth graph, as well as their influence on the worldwide market projections and dynamics
  5. A systematic roadmap depicting the numerous growth opportunities in the worldwide market coupled with the identification of vital factors
  6. An extensive evaluation of the various trends prevailing in the global industry that would help identify the various developments in the market from a global perspective

Related News: https://www.marketwatch.com/press-release/floor-construction-market-is-set-to-record-65-cagr-in-next-five-years-says-gmi-2020-04-07



About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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