|02-11-2019 07:52 PM CET - Industry, Real Estate & Construction||
Global insulated concrete form market is growing with a healthy growth rate of more than 5.92% over the forecast period 2018-2025, some key players are KORE, NUDURA Corporation, Quad-Lock Building Systems, LOGIX Insulated Concrete Form, AMVIC, Rastra, Fox
Press release from: Kenneth Research
Global Insulated Concrete Form Market to reach USD 1.66 billion by 2025.
Global Insulated Concrete Form Market valued approximately USD 989.47 million in 2016 is forecasted to grow with a healthy growth rate of more than 5.92% over the forecast period 2018-2025. The major factors speculated to augment the markets are escalation in construction activities across the globe, rising needs for energy-efficient green buildings, and advantageous government regulations.
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The high manufacturing costs is one of the few chief restraining factors of the growth rate of the market. Economic slump in key regions, and lack of awareness concerning the modern & imminent technologies in evolving economies are major challenges for the global market. Insulated Concrete Form (ICF) is a system of formwork for strengthened concrete usually made with a rigid thermal insulation which remains in place as a permanent interior and exterior substrate for floors, walls, and roofs.
Global Insulated Concrete Form Market is segmented based on Type, Material, and Industry. The Residential sub segment of Industry segment is forecasted to grow with highest CAGR while the Expanded Polystyrene sub segment is expected to dominate in terms of market share.
The regional analysis of Global Insulated Concrete Form Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share due to rising no. of residential projects in the Canada, US, and Mexico. Whereas, owing to rapid urbanization in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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ï‚§ Post & Lintel Systems
ï‚§ Flat Wall Systems
ï‚§ Grid Wall Systems
ï‚§ Polyurethane Foam
ï‚§ Expanded Polystyrene Foam
ï‚§ North America
ï‚§ Asia Pacific
ï‚§ Latin America
ï‚§ Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2015, 2016
Base year - 2017
Forecast period - 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include KORE, NUDURA Corporation, Quad-Lock Building Systems, LOGIX Insulated Concrete Form, AMVIC, Rastra, Fox Blocks, Polycrete International, BASF, Polycrete International, ConForm Global, LiteForm, Durisol, Sunbloc, Beco Products, SuperForm Products, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer's requirements.
Target Audience of the Insulated Concrete Form Market Study:
ï‚§ Key Consulting Companies & Advisors
ï‚§ Large, medium-sized, and small enterprises
ï‚§ Venture capitalists
ï‚§ Value-Added Resellers (VARs)
ï‚§ Third-party knowledge providers
ï‚§ Investment bankers
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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