Press release
Insulated Concrete Form (ICF) Market Is Likely to Experience a Tremendous Growth by 2028
Insulated concrete form market is anticipated to grow at a significant CAGR of nearly 5.7% during the forecast period. The major factors that are driving the market growth include the increasing demand for energy-efficient buildings, along with the increasing construction of high-rise buildings. For instance, The Indian government has been actively boosting housing construction, as it aims to provide homes to about 1.3 billion people. The country is likely to witness $1.3 trillion of investment in the housing sector over the next seven years, and it is likely to witness the construction of 60 million new homes in the country. The availability of affordable housing in the country is expected to rise by around 70% by 2024.To Request a Sample of our Report on Insulated Concrete Form (ICF) Market: https://www.omrglobal.com/request-sample/insulated-concrete-form-icf-market
Another factor includes increasing preparation toward disasters, and reduced construction time drives the market growth. For instance, in August 2021, Graven Hill has partnered with Iconic Development Group to offer ICF-constructed homes in the United Kingdom. Moreover, Iconic Development Group is building six homes at Graven Hill and plans to build 20 houses at the site in the coming years. However, high costs of insulated concrete form are expected to hamper the growth of the insulated concrete form market during the forecast period.
Insulated Concrete Form Market Segmentation
By Material
Polystyrene Foam
Polyurethane Foam
Cement-bonded Wood Fiber
Cement-bonded Polystyrene Beads
Cellular Concrete
By Application
Commercial
Industrial
Infrastructure
Residential
A full Report of Insulated Concrete Form (ICF) Market is Available @ https://www.omrglobal.com/industry-reports/insulated-concrete-form-icf-market
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Company Profiles
BuildBlock Building Systems, LLC.
Durisol UK
ICF Tech
Integraspec ICF
Liteform Technologies
Logix Insulated Concrete Forms Ltd.
Mikey Block
Nudura Corp.
PFB Corp.
Polysteel Warmer Wall
Quad-Lock Building Systems, Ltd.
Rastra Holding LLC
Standard ICF Corp.
Superform Products Ltd.
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