Insulated Concrete Form Market Status (2017-2021) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2022-2028
Report Description
The global Insulated Concrete Form market size is estimated at USD 1,400.5 million in 2021, expanding at a CAGR 6.2% from 2022-2028 to reach 2,118.1 million USD in 2028.
Market Dynamics
Tremendous expansion in development activity throughout the world is a fundamental driver of industry growth. Non-residential structures including offices, industrial parks, factories, and municipal buildings are commonly built with ICF. In accordance with this, rising product need in the building of domestic and public buildings including hotels, temples, colleges, retail malls, and housing developments is boosting industry development.
Furthermore, product advancements such as the creation of pre-built forms of structural insulated blocks that offer better resilience, stiffness, and lower total building time are driving market expansion. Furthermore, the growing requirement for energy-efficient green architecture that is a source of energy and decreases water waste is positively influencing industry development. Aside from that, increased demand for long-lasting and improved structural fortification, as well as rapid development, are expected to boost the market.
Additionally, the growing adoption of long-lasting and improved structural insulation amongst architects in order to satisfy energy-saving goals and resource preservation standards will help the business flourish. Nevertheless, the technological advantages of insulating concrete forms, such as their effective vapor barrier, increased strength, and damage tolerance, are projected to drive ICF demand.
Regional Insights
North America controlled the ICF marketplace and is expected to gain a larger percentage of income. Increasing building sector demand, particularly in the United States, is expected to fuel regional industry consumer needs. Advantageous government regulations encouraging the adoption of energy-efficient components in building construction will promote the use of structural insulated blocks in the area. For example, the Energy Policy Act of 2005 gives a tax credit of USD 2,000 to residential builders for each dwelling that meets or exceeds 50 percent of the International Energy Conservation Code heating and cooling efficiency.
China is the biggest market in Asia-Pacific in terms of GDP. Even with the economic disruption created by its economic war against the United States, the nation’s GDP increased by roughly 6.1 percent in 2019. China's industrial expansion rate in 2020 was previously projected to be mild when contrasted to the preceding year.
Segment Dynamics
The Insulated Concrete Form market is fragmented into the Type, Materials, and end-user segments. Based on the Type, the lithium-ion Type segment is anticipated to dominate the market. By Material, the 1000W to 1500W Power segment is projected to grow at the highest CAGR during the forecast period. By end-user, the passenger car segment is expected to hold the majority of the market share.
Competitive Insights
Because of the existence of notable producers and limited worldwide penetration, the worldwide insulated cement form industry is characterized by modest rivalry. The idea of interconnecting blocks for the stiff wall and basements has been patented by prominent ICF industry participants, rendering it impossible for new companies to enter the industry. The Insulating Cement Forms Manufacturing Association (ICFMA) confirmed its relationship with the Regional Ready Mixed Cement Association's Build with Strength 2.0 initiative in April 2021. The initiative is collaborating with Humanity Worldwide to strengthen acceptable, accessible, and ecological homes throughout the United States, and it is contributing concrete for Habitat house building.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Insulated Concrete Forms by Type, end-user, region, and Material. In addition, this report introduces the market competition situation among the vendors, and the company profile, besides, market price analysis, and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
- 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
Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Grid Wall Systems
- Flat Wall Systems
- Post & Lintel Systems
Material Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Polyurethane Foam
- Expanded Polystyrene Foam
- Others
End-User Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Residential
- Non-residential
Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain, etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina, etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)
Table Of Content
1. Insulated Concrete Form Market Overview
1.1. Product Overview and Scope of Insulated Concrete Form
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Insulated Concrete Form Market Size Growth Rate Analysis by Type 2021 VS 2028
1.3.1. Grid Wall Systems
1.3.2. Flat Wall Systems
1.3.3. Post & Lintel Systems
1.4. Global Insulated Concrete Form Consumption Comparison by Material: 2021 VS 2028
1.4.1. Polyurethane Foam
1.4.2. Expanded Polystyrene Foam
1.4.3. Others
1.5. Global Insulated Concrete Form Consumption Comparison by End User: 2021 VS 2028
1.5.1. Residential
1.5.2. Non-residential
1.6. Global Insulated Concrete Form Market Size Estimates and Forecasts by Region: 2021 VS 2028
1.6.1. North America Insulated Concrete Form Estimates
1.6.2. Europe Insulated Concrete Form Estimates
1.6.3. China Insulated Concrete Form Estimates
1.6.4. Japan Insulated Concrete Form Estimates
2. Market Competition by Manufacturers
2.1. Global Insulated Concrete Form Revenue Market Share by Manufacturers (2020)
2.2. Insulated Concrete Form Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.3. Global Insulated Concrete Form Average Price by Manufacturers (2017-2021)
2.4. Manufacturers Insulated Concrete Form Production Sites, Area Served, Product Types
2.5. Insulated Concrete Form Market Competitive Situation and Trends
2.5.1. Insulated Concrete Form Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Insulated Concrete Form Consumption by Region (2017-2021)
3.1. Global Insulated Concrete Form Consumption by Region
3.2. Global Insulated Concrete Form Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Insulated Concrete Form Consumption Growth Rate (2017-2021)
3.2.3. North America Insulated Concrete Form Consumption, Price and Gross Margin (2017-2021)
3.2.4. North America Insulated Concrete Form Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Insulated Concrete Form Consumption Growth Rate (2017-2021)
3.2.7. Europe Insulated Concrete Form Consumption, Price and Gross Margin (2017-2021)
3.2.8. Europe Insulated Concrete Form Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Insulated Concrete Form Consumption Growth Rate (2017-2021)
3.2.11. Asia Pacific Insulated Concrete Form Consumption, Price and Gross Margin (2017-2021)
3.2.12. Asia Pacific Insulated Concrete Form Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Insulated Concrete Form Consumption Growth Rate (2017-2021)
3.2.15. South America Insulated Concrete Form Consumption, Price and Gross Margin (2017-2021)
3.2.16. South America Insulated Concrete Form Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Insulated Concrete Form Consumption Growth Rate (2017-2021)
3.2.19. Middle East and Africa Insulated Concrete Form Consumption, Price and Gross Margin (2017-2021)
3.2.20. Middle East and Africa Insulated Concrete Form Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Insulated Concrete Form Consumption by Type (2017-2021)
4.1. Global Insulated Concrete Form Price by Type (2017-2021)
4.2. Global Insulated Concrete Form Revenue Market Share by Type (2017-2021)
4.2.1. Grid Wall Systems
4.2.2. Flat Wall Systems
4.2.3. Post & Lintel Systems
5. Global Insulated Concrete Form Consumption by Material (2017-2021)
5.1. Global Insulated Concrete Form Price by Material (2017-2021)
5.2. Global Insulated Concrete Form Revenue Market Share by Material (2017-2021)
5.2.1. Polyurethane Foam
5.2.2. Expanded Polystyrene Foam
5.2.3. Others
6. Global Insulated Concrete Form Consumption by End User (2017-2021)
6.1. Global Insulated Concrete Form Price by End User (2017-2021)
6.2. Global Insulated Concrete Form Revenue Market Share by End User (2017-2021)
6.2.1. Residential
6.2.2. Non-residential
7. Key Companies Profiled
7.1. Airlite Plastics Company
7.1.1. Airlite Plastics Company Insulated Concrete Form Corporation Information
7.1.2. Airlite Plastics Company Insulated Concrete Form Product Portfolio
7.1.3. Airlite Plastics Company Insulated Concrete Form Consumption, Price and Gross Margin (2017-2021)
7.1.4. Airlite Plastics Company Main Business and Markets Served
7.1.5. Airlite Plastics Company Recent Developments/Updates
7.2. Amvic Building System
7.3. BASF SE
7.4. Beco Products Ltd.
7.5. BuildBlock Building Systems Inc.
7.6. Durisol UK
7.7. IntegraSpec ICF
7.8. Logix Insulated Concrete Forms Ltd.
7.9. Nudura Corporation
7.10. Plasti-Fab Expanded Polystyrene Product Solutions
7.11. Quad-Lock Building Systems Ltd.
7.12. Reward Wall Systems Inc.
7.13. Standard ICF Corporation
7.14. Sunbloc
8. Marketing Channel, Distributors and Customers
8.1. Marketing Channel
8.2. Insulated Concrete Form Distributors List
8.3. Insulated Concrete Form Customers
9. Market Dynamics
9.1. Insulated Concrete Form Industry Trends
9.2. Insulated Concrete Form Growth Drivers
9.3. Insulated Concrete Form Market Challenges
9.4. Insulated Concrete Form Market Restraints
10. Global Insulated Concrete Form Consumption and Demand Forecast, by Region (2022-2028)
10.1. Global Forecasted Demand Analysis of Insulated Concrete Form, by Regions and Country
10.1.1. North America Forecasted Consumption of Insulated Concrete Form by Country
10.1.2. Europe Market Forecasted Consumption of Insulated Concrete Form by Country
10.1.3. Asia Pacific Market Forecasted Consumption of Insulated Concrete Form by Region
10.1.4. Latin America Forecasted Consumption of Insulated Concrete Form by Country
10.1.5. Middle East and Africa Forecasted Consumption of Insulated Concrete Form by Country
11. Global Insulated Concrete Form Consumption and Demand Forecast, by Device Segments (2022-2028)
11.1. Global Forecasted Consumption of Insulated Concrete Form by Type Segments (2022-2028)
11.2. Global Consumption and Price Forecast by Power Segment Segments (2022-2028)
11.3. Global Forecasted Growth Rate of Insulated Concrete Form by End-User Segments (2022-2028)
12. Research Finding and Conclusion
13. Methodology and Data Source
13.1. Methodology/Research Approach
13.1.1. Research Programs/Type
13.1.2. Market Size Estimation
13.1.3. Market Breakdown and Data Triangulation
13.2. Data Source
13.2.1. Secondary Sources
13.2.2. Primary Sources
13.3. Author List
13.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
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