Global Insulated Concrete Form Market to Record Protruding Growth With US$ 2,118.1 Million By 2028

July 2022 | Report Format: Electronic (PDF)

The expansion of the extruded polystyrene insulating material industry is predicted to be driven by an increase in need from the non-residential building industry. Because of significant economic expansion in India and China, internationalization has caused a shift in industrial tendencies. Furthermore, the increase in working populations in these nations is predicted to increase demand for non-residential facilities such as businesses and tech parks and is anticipated to drive the worldwide insulated cement form industry. Furthermore, the rising environmental and health effect of building development stimulates this need for green architecture. Green building is the use of environmentally friendly and resource-efficient methods at all stages of development.

The notion of the green building focuses primarily on boosting the building's resource effectiveness and avoiding waste connected with the usage of power, water, as well as resources. Insulated concrete forms are an important aspect of green building since they help to reduce a structure's energy consumption. This benefits everyone the local owners and the environment by cutting energy expenses and reducing greenhouse gas emissions. Throughout the projected timeframe, this factor is expected to raise the market for insulating concrete form.

The insulated structure industry in North America is likely to lead the industry. Growing house buyer worries regarding problems including energy prices have encouraged major builders to evaluate the environmental effects of building supplies, which will boost industry share. Furthermore, prominent manufacturers' increased use of improved energy efficiency afforded by ICFs and prefabricated blocks as well as panels would support regional sector development. The Asia Pacific will expand at a considerable rate of the entire industry. Rising infrastructural expenditure in emerging nations including India and Indonesia will spur economic development.

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Insulated Concrete Form Market Report Highlights

• In December 2019, BASF began offering their Neopor graphite expandable polystyrene (EPS) particle in a biomass balancing variant, Neopor BMB. Under the REDcert-certified balancing approach, all fossil raw resources are substituted with renewable raw materials such as bio naphtha or methane.
• Future Foam, located in Council Bluffs, Iowa, entered into three additional regional marketplaces in March 2020 with the acquisition of polyurethane foam foundry and industrial plants from FXI Holdings Inc. as well as Innocor Inc.

INSULATED CONCRETE FORM MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Insulated Concrete Form Type Outlook (Revenue, USD Million, 2017 - 2028)

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

Insulated Concrete Form Material Outlook (Revenue, USD Million, 2017 - 2028)

• Polyurethane Foam
• Expanded Polystyrene Foam
• Others

Insulated Concrete Form End-User Outlook (Revenue, USD Million, 2017 - 2028)

• Residential
• Non-residential

Insulated Concrete Form Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players- Insulated Concrete Form Market

• Airlite Plastics Company
• Amvic Building System
• BASF SE
• Beco Products Ltd.
• BuildBlock Building Systems Inc.
• Durisol UK
• IntegraSpec ICF
• Logix Insulated Concrete Forms Ltd.
• Nudura Corporation
• Plasti-Fab Expanded Polystyrene Product Solutions
• Quad-Lock Building Systems Ltd.
• Reward Wall Systems Inc.
• Standard ICF Corporation
• Sunbloc

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