Insulated Concrete Form (ICF) Market Revenue To Amass USD 1,201 Mn By 2028

As per study of Zion Market Research, Insulated Concrete Form (ICF) industry garnered revenue worth nearly US$ 832 million in 2021 and is anticipated to gain returns about US$ 1,201 million by 2028. Additionally, Insulated Concrete Form (ICF) market is prognosis to record CAGR of almost 4.9% in 2022-2028. Additionally, Growth of insulated concrete form (ICF) market over forecast timespan is subject to rise in demand for insulated concrete forms in countries of Europe and North America. High strength, lightweight, and lightweight features of product will drive market trends. Moreover, high product penetration in commercial and residential sectors will protrude size of insulated concrete form (ICF) market over assessment period. Rise in awareness about green constructions and renewable energy will further spur progression of insulated concrete form (ICF) industry.

Polyurethane Foam Insulated Concrete Form (ICF) Market To Dominate Material Landscape By 2028

Growth of polyurethane foam segment over ensuing years can be credited to its exceptional thermal insulation features, reduced costs, and lightweight. In addition to this, the materials are used extensively owing to its low density, improved mechanical features, and dimensional stability. Demand for rigid walls will culminate into humungous product penetration in construction sector.

Residential Segment To Account Majorly Towards Insulated Concrete Form (ICF) Market Size Over 2022-2028

Expansion of residential segment over anticipated timeline is due to growing requirement for walls having strong thermal insulated barriers for increasing power savings and thus brings reduction in electricity bill costs. Additionally, rise in use of heaters and air conditioners in developed economies has resulted into massive demand for insulated concrete form products in wall constructions, thereby creating lucrative requirement for product in residential segment.

North American Market To Retain Dominant Status Over Next Six Years

Progression of regional market over assessment period is due to large-scale product penetration in countries such as Canada and the U.S. Apart from this, rise in customer awareness about benefits offered by insulated concrete forms will define regional market growth. Increase in refurbishment activities in countries such as the U.S. will steer size of insulated concrete form (ICF) market in North America.

Key players influencing market growth and profiled in report are Insulated Concrete Form (ICF) market and included in report are ICF Tech, Airlite (Fox Blocks), Quad-Lock Building Systems Ltd., Logix Insulated Concrete Forms Ltd., Beco Products Ltd., Integraspec ICF, Liteform Technologies, Buildblock Building System, Polycrete, and Superform Products Ltd.

Browse the full “Insulated Concrete Form (ICF) Market- By End-Use (Non-Residential And Residential), By Material (Polyurethane Foam And Expanded Polystyrene Foam), And By Type (Post & Lintel Systems, Grid Wall Systems, And Flat Wall Systems): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028.” Report at https://www.zionmarketresearch.com/report/insulated-concrete-form-market

The global Insulated Concrete Form (ICF) Market is segmented as follows:

By End-Use

• Non-Residential
• Residential

By Material

• Polyurethane Foam
• Expanded Polystyrene Foam

By Type

• Post & Lintel Systems
• Grid Wall Systems
• Flat  Wall Systems

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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