Overview
Global Insulated Concrete Form Market size
contributed higher than $471 for 2015 and is anticipated to record CAGR of about
8.1% during forecast timeline. Large number of homebuilders are turning to
green building due to factors like growing health concerns, customer health awareness,
quality of life, high power costs and depletion of natural resources. This has
resulted in power efficacy, high quality construction and great air quality
which is predicted to drive global insulated concrete form industry trends
during forecast period.
North America UHD/4K panel market size by application, 2013-2024 (USD Million)
Furthermore,
growing demand for natural disaster resistant construction and strict rules
regarding power efficacy as well as lightweight substances particularly across
developed areas is predicted to drive industry expansion. Middle East &
Africa and Asia Pacific are experiencing substantial growth in construction
expenditure and infrastructure spending and provide high future prospects for
products.
But high product
price as compared to price of wood is anticipated to hinder industry growth. However,
enhanced consciousness among builders and new construction codes across European
Union and U.S. is predicted to fuel insulated concrete form industry expansion
in future.
Read full market research report “Insulated Concrete Form Market Size By Application (Commercial, Industrial, Infrastructure, Residential), By Material (Polystyrene Foam, Polyurethane Foam, Cement-Bonded Wood Fiber, Cement Bonded Polystyrene Beads, Cellular Concrete), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Poland, Russia, China, India, Japan, Australia, Malaysia, Indonesia, Thailand, Brazil, Argentina, Mexico, South Africa, UAE, Saudi Arabia, Qatar, Kuwait, Egypt), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 - 2024”, please click on the link below:
Application
Trends
Global insulated
concrete form industry is segmented into infrastructure application, commercial
application, residential application and industrial application.
Residential
application is predicted to be an important segment and contributed for more
than 55.1% of global insulated concrete form market share for 2015. The segment
is projected to cross 150 million sq. foot by end of forecast timeline. Also,
the world population is projected to grow from 7.1 billion in 2011 to 9 billion
by end of forecast timeline, further increasing demand for residential
construction segment.
Industrial application
segment is predicted to expand at rapid rate during forecast timeline owing to dynamic
rules and regulations. About $80.1 trillion is predicted to be spent on this
global application segment during forecast timeframe which is predicted to
stimulate its demand.
Product
Trends
Global insulated
concrete form market is segmented into different products like cellular
concrete, polystyrene foam, cement bonded polystyrene beads, polyurethane foam
and cement bonded wood fiber.
Polystyrene foam
is the biggest product segment and contributed more than 69.1% of global
insulated concrete form industry share for 2015. The reasons for the segment
growth can be credited to customer choice like power efficacy, structural
security, low maintenance charges and comfort.
Polyurethane
foam segment had experienced rapid acceptance in insulated concrete foam
construction sector with revenue projected at more than $100.1 million for 2015.
China is predicted to be the highest producer as well as regional customer for
this segment.
Regional
Trends
Global insulated
concrete form industry is segmented into geographical locations like North
America, Middle East & Africa, Asia Pacific, Latin America and Europe.
Asia Pacific,
with biggest materials and construction sector all across the globe, remains an
attractive destination, driven by India and China insulated concrete form
market. It is predicted to expand at more than 10.1%.
Growing customer
consciousness and strict regulations are predicted to stimulate U.S. insulated
concrete form industry expansion. Canada is a big and stable construction
sector with strong green building sector promoted by government policies and industry
forces.
Europe insulated
concrete form market contributed higher than $121 million for 2015 in terms of
revenue. Middle East
& Africa and Latin America insulated concrete form markets are
comparatively new and this industry is today striving for creating consciousness
in these regions.
Competitive
Trends
Key industry
participants profiled in the report include Durisol, Amvic Incorporation, BASF
SE, Superform Products Limited, BuildBlock Building Systems, Standard ICF Corporation,
Superform Products Limited, ICF Tech, PFB Corporation, Quad-Lock Building
Systems Limited, Fox Blocks, Apex Block, IntegraSpec, Nudura Corporation, Bayer
AG, Liteform Technologies, FXI-Foamex Innovations, Logix Insulated Concrete
Forms Limited, Beco Products Limited, Conform Global, Integraspec, Future Foam Incorporation,
ISM Sismo, Nudura Corporation, Tosoh Corporation and Plasti-Fab.
