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Insulated Concrete Form Market Size, Share Analysis, Trends, Growth And Forecast 2023-2032
Insulated Concrete Form Market Report
The Business Research Company's Insulated Concrete Form Global Market Report 2023 identifies insulated concrete form as the major driver for the insulated concrete form market's growth in the forecast period. Construction industries, particularly in regions such as Europe and North America are increasingly constructing green and energy-efficient buildings. ICFs are lightweight, hollow forms generally manufactured using high-density expanded polystyrene panels. These panels are connected & distinctively designed with 100% recycled polypropylene webs. ICFs minimize the waste produced which is 100% recyclable. ICFs enhance the energy efficiency of construction buildings.
The global insulated concrete form market size grew from $0.99 billion in 2022 to $1.06 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The insulated concrete form market size is expected to grow to $1.42 billion in 2027 at a CAGR of 7.4%.
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Major competitors in the insulated concrete form market are Nudura Corporation, Quad-Lock Building Systems, AMVIC, Beco Products, LOGIX Insulated Concrete Forms, Polycrete International, LiteForm, Sunbloc, Rastra, SuperForm Products, Durisol, Fox Blocks, ConForm Global, KORE, Mikey Block Co, Integraspec, Standard ICF Corp, and Logix Insulated Concrete Forms Ltd.
A key trend in the insulated concrete form market includes public-private partnerships. For instance, in April 2021, the Insulating Concrete Forms Manufacturers Association (ICFMA), a UK-based company that promotes the use of Insulating Concrete Forms (ICF), announced a partnership with National Ready Mixed Concrete Association's (NRMCA) Build with a strength program, Build with Strength 2.0. The program is partnering with Habitat for Humanity International to secure decent, inexpensive, and sustainable housing across the United States and it is donating concrete for the construction of Habitat homes. Further, in August 2021, Graven Hill, a self build a village in the UK, partnered with Iconic Development Group (IDG) to offer ICF-constructed homes in the UK. Moreover, IDG is building six homes at Graven Hill and plans to build 20 houses at that site in the coming years.
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The insulated concrete form market is segmented -
•By Material: Polystyrene Foam, Polyurethane Foam, Cement-bonded Wood Fiber, Cement-bonded Polystyrene Beads, Cellular Concrete
•By Type: Waffle Grid System, Flat Wall System, Post & Beam System, Other Types
•By Application: Commercial, Industrial, Infrastructural, Residential
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the insulated concrete form market.
The Business Research Company's "Global Insulated Concrete Form Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Insulated Concrete Form Market Include:
1. Executive Summary
2. Insulated Concrete Form Market Characteristics
3. Insulated Concrete Form Market Trends And Strategies
4. Insulated Concrete Form Market - Macro Economic Scenario
5. Insulated Concrete Form Market Size And Growth
……
26. Africa Insulated Concrete Form Market
27. Insulated Concrete Form Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Insulated Concrete Form Market
29. Insulated Concrete Form Market Future Outlook and Potential Analysis
30. Appendix
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