The insulated concrete form market 2020, as stated in the latest report by Market Research Future (MRFR), can gain a decent growth rate of 7% during the forecast period (2014-2022).
Growth Boosters and Main Barriers
Growth in urbanization has been noted across many of the developing countries and provide a favorable outlook for the building and infrastructure sector. The expanding construction sector can be a major growth booster for the Insulated concrete forms market since these systems offer higher structural strength as well as elevated energy efficiency. As a result, insulated concrete forms have garnered widespread acceptance in the infrastructural, industrial, residential, and commercial sectors.
Mounting demand for sustainable and green construction in an attempt to lower the carbon footprint as well as disaster resiliency can benefit the global insulated concrete forms market in the forthcoming years. Also, soaring demand for heating and cooling properties induces massive growth of the insulated concrete forms market across the globe.
Insulated concrete forms enjoy great demand, given their technological superiority and cost-effectiveness, especially compared to wooden roof and framed walls. They are also widely deployed in areas that are prone to natural disasters such as earthquakes, volcanic eruptions, tornadoes, hurricanes, floods and tsunamis where the demand for disaster-resistant houses is always high. Soaring demand for disaster-resistant houses can drive the demand for insulated concrete forms in the near future.
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Reward Wall Systems Inc., Durisol Building System Inc., Logix Insulated Concrete Forms Ltd., IntegraSpec ICF, BuildBlock Building Systems Inc., Quad-Lock Building Systems Ltd., Nudura Corporation, Amvic Building System, Airlite Plastics Company, Plasti-Fab Expanded Polystyrene Product Solutions, are the top players in the worldwide market for insulated concrete form.
MRFR experts have conducted the segmental analysis of the global market for insulated concrete form with respect to concrete shape, material and application.
The market segmentation, on the basis of concrete shape, includes screen grid system, waffle grid system, post & lintel system and flat wall system.
Material-based market segments enlisted in the report are cement-bonded wood fiber, polyurethane foam, cement-bonded polystyrene beads, polystyrene foam, and others.
The applications of insulated concrete form are in residential, commercial, infrastructure and industrial.
The geographical analysis of the insulated concrete form market includes Europe, North America, Asia Pacific (APAC) and the Rest of the World (RoW).
North American is the most profitable market for insulated concrete form, thanks to high consumer responsiveness, soaring demand for thermal insulation in commercial and residential buildings along with various government proposals like Weatherization Assistance Program that promotes thermal insulation.
APAC can attain the fastest growth rate during the conjectured timeframe, on account of the burgeoning construction industry and accelerated demand for green & sustainable construction. Increasing occurrence of natural disasters, including hurricanes, floods, tsunamis, tornadoes, earthquakes, volcanic eruptions among others, can also facilitate the construction of disaster-resistant houses and lead the insulated concrete form market to greater heights in the following years.
Favorable government initiatives aiming to spread awareness coupled with subsidies that foster the use of green materials in the construction industry escalates the demand for insulated concrete form market in Europe. Substantial developments in regulations that mandate specific thickness requirements in buildings combined with the rising adoption of energy efficiency norms also induce the growth of the insulated concrete form market in the region.
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Table Of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain Of Insulated Concrete Form Market
5 Industry Overview Of Insulated Concrete Form Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
6 Market Trends
6.2 Growth Trends
6.3 Impact Analysis
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