Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 832 Million | USD 1201 Million | 4.9% | 2021 |
The global Insulated Concrete Form (ICF) Market accrued earnings worth approximately 832 (USD Million) in 2021 and is predicted to gain revenue of about 1,201(USD Million) by 2028, is set to record a CAGR of nearly 4.9% over the period from 2022 to 2028. The report offers assessment and analysis of the Insulated Concrete Form (ICF) Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Million).
Insulated concrete forms are concrete wall forming systems produced from lightweight substances. It offers energy efficiency in warm as well as cold climates. In addition to this, steel-reinforced concrete cores in insulated concrete forms structures are resistant to tornadoes, fire, and hurricanes. Moreover, they can also be engineered for all seismic conditions. Moreover, insulated concrete form is also a hollow panel that is made up of insulating foam which can be stacked for completing building wall form.
Rise in energy costs and awareness of green constructions will propel expansion of insulated concrete form (ICF) industry over forecast timespan. In addition to this, favorable government schemes promoting sustainable building measures along with construction of passive homes will drive market trends. Furthermore, rise in popularity of strong & advanced building insulation materials with objective of energy conservation will steer expansion of insulated concrete form (ICF) industry. Apart from this, technical advantages such as proficient vapor barrier, impact resistance features, and improved strength provided by insulated concrete forms will propel insulated concrete form (ICF) industry growth.
Furthermore, rise in high-rise building construction and need for preventing disaster along with reduction in construction time will embellish marked growth of insulated concrete form (ICF) industry. Apart from this, advantages such as ease of deployment & molding provided by insulated concrete form products for constructing required building structure will contribute majorly towards insulated concrete form (ICF) market size. Escalating demand for insulated concrete forms in residential & commercial sectors will drive business landscape.
Report Attributes | Report Details |
---|---|
Report Name | Insulated Concrete Form (ICF) Market Size Report |
Market Size in 2021 | USD 832 Million |
Market Forecast in 2028 | USD 1201 Million |
Growth Rate | CAGR of 4.9% |
Number of Pages | 188 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Airlite (Fox Blocks), Integraspec ICF, Logix Insulated Concrete Forms Ltd., Liteform Technologies, ICF Tech, Buildblock Building System, Polycrete, Beco Products Ltd., Quad-Lock Building Systems Ltd., and Superform Products Ltd. |
Segments Covered | By Material, By Product, By End-User, and By Region |
Base Year | 2021 |
Historical Year | 2015 to 2020 |
Forecast Year | 2021 - 2028 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America To Make Noticeable Contributions Towards Regional Market Value In 2022-2028
Growth of insulated concrete form (ICF) market in North America over forecast timespan can be credited to upswing in demand for sustainable households. Moreover, rise in construction activities across residential sector in the U.S. will open new vistas of growth for insulated concrete form (ICF) industry in North America. Additionally, U.S. is anticipated to be major regional revenue pocket in years ahead.
By End-Use
By Material
By Type
By Region
FrequentlyAsked Questions
Rise in energy costs and awareness of green constructions will propel expansion of insulated concrete form (ICF) industry over forecast timespan.
According to Zion market research report, The global Insulated Concrete Form (ICF) Market accrued earnings worth approximately 832 (USD Million) in 2021 and is predicted to gain revenue of about 1,201(USD Million) by 2028, is set to record a CAGR of nearly 4.9% over the period from 2022 to 2028.
North America will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to upswing in demand for sustainable households.
The key market participants include Airlite (Fox Blocks), Integraspec ICF, Logix Insulated Concrete Forms Ltd., Liteform Technologies, ICF Tech, Buildblock Building System, Polycrete, Beco Products Ltd., Quad-Lock Building Systems Ltd., and Superform Products Ltd.
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