The insulated concrete form global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Insulated Concrete Form Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The insulated concrete form market size has grown strongly in recent years. It will grow from $1.04 billion in 2023 to $1.1 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to energy efficiency awareness, stringent building codes, natural disaster resilience, increased construction speed, increased construction of high-rise buildings.
The insulated concrete form market size is expected to see strong growth in the next few years. It will grow to $1.37 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to growing demand from the construction industry, increasing demand for energy-efficient buildings, government initiatives and incentives, population growth in urban areas, climate change considerations. Major trends in the forecast period include advancements in icf technology, hybrid construction systems, digitalization in construction, net zero energy buildings, architectural design flexibility.
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Scope Of Insulated Concrete Form Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
The increasing demand for energy-efficient buildings is driving the insulated concrete form (ICF) market. Construction industries, particularly in regions such as Europe and North America are increasingly constructing green and energy-efficient buildings. ICFs are lightweight, hollow forms generally manufactured using high-density expanded polystyrene panels. These panels are connected & distinctively designed with 100% recycled polypropylene webs. ICFs minimize the waste produced which is 100% recyclable. ICFs enhance the energy efficiency of construction buildings. For instance, in July 2023, according to the International Energy Agency, a France-based autonomous intergovernmental organization, in 2022, the demand for energy-efficient buildings grew by almost 1% compared to 2021. Therefore, the increasing demand for energy-efficient buildings is driving the insulated concrete form (ICF) market .
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The insulated concrete form market covered in this report is segmented –
1) By Material: Polystyrene Foam, Polyurethane Foam, Cement-bonded Wood Fiber, Cement-bonded Polystyrene Beads, Cellular Concrete
2) By Type: Waffle Grid System, Flat Wall System, Post & Beam System, Other Types
3) By Application: Commercial, Industrial, Infrastructural, Residential
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Regional Insights –
North America was the largest region in the insulated concrete form market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the insulated concrete form market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the insulated concrete form market report are Nudura Corporation, Quad-Lock Building Systems Ltd., Amvic Insulated Concrete Forms, Beco Products Ltd., Logix Brands Ltd., Polycrete International Inc., Liteform International Inc., Sunbloc Ltd., Rastra Apex Corp. Ltd., SuperForm Products Ltd., Durisol UK Ltd., Airlite Plastics Company, ConForm Global Pvt. Ltd., KORE Group Holdings Inc., Standard ICF Corp., Badische Anilin und Soda Fabrik, BuildBlock Building Systems LLC., Green Life Buildings Ltd., HIRSCH Servo AG, Inner City Fund Solutions Inc., IQbloc Malta Ltd., ISO SPAN Baustoffwerk GmbH, Polska Z. o. o, JACKON Insulation GmbH, Poliespanso S. r. l., PolySteel UK Ltd., SHC Ltd., Sismo Inc., Styro Stone Pvt. Ltd., Thermo House System Sp. z o. o., Twinwall-ICF Limited, Variant Haus SL
Table of Contents
1. Executive Summary
2. Insulated Concrete Form Market Report Structure
3. Insulated Concrete Form Market Trends And Strategies
4. Insulated Concrete Form Market – Macro Economic Scenario
5. Global Insulated Concrete Form Market Size and Growth
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31. Global Insulated Concrete Form Market Competitive Benchmarking
32. Global Insulated Concrete Form Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Insulated Concrete Form Market
34. Insulated Concrete Form Market Future Outlook and Potential Analysis
35. Appendix
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