Press release
Global Insulated Concrete Forms Market Size, Share - Industry Trend and Forecast 2016 - 2024
Insulated concrete forms are hollow blocks or panels made of expanded polystyrene or other insulating foam that can be stacked to complete the form of a building’s walls. Their interiors are filled with concrete to build the entire structure. An insulated concrete form sandwiches a heavy, high-strength material between two layers of light and highly insulated foam. This combination imparts properties such as air-tightness, strength, sound attenuation, and insulation to the wall.
Insulated concrete forms are classified based on various characteristics such as their sizes, configuration of the forms, and shape of the concrete core created within the forms. Buildings erected with such walls exhibit a uniform temperature through the entire day and night. Insulated concrete forms can be polished with almost any interior and exterior finish, including siding or brick veneer. They have the ability to assume any shape, as a wooden or metallic frame. The air infiltration in these walls is negligible and they are primarily observed in residential, commercial, industrial, and institutional buildings.
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One of the primary drivers for the insulated concrete forms market is the rapidly evolving construction industry. It is a sector that currently emphasizes on unparalleled comfort, energy efficiency, and safety. Emerging regions such as Asia, South America, and the Middle East have been witnessing a sizeable surge in construction activities. This eventually propels the demand for insulated concrete forms in these regions. The requirement for better thermal performance is another motivating factor for the market. Stringent government environmental policies are expected to play an important role as well, since insulated concrete blocks are made of recycled materials and have been listed as green products. The adoption of disaster-resistant buildings that comply with energy guidelines has become a trend which also provides a positive impact on the global insulated concrete forms market.
In terms of type, insulated concrete forms could be classified into the flat wall system, waffle grid system, and post & beam system categories. The flat wall system involves a homogenous core of even thickness, whereas in the waffle grid system, it consists of connected horizontal carriers and vertical columns. In the post & beam system, the concrete forms are self-contained horizontal and vertical columns. All major systems of insulated concrete forms are engineer-designed, code-accepted, and field-proven. Most of the companies operating in this market manufacture forms with cavity widths ranging between 4", 6", 8", and 10". The concrete used for these forms varies depending on the configuration of the core and ease of access around the construction site. It also needs to be consolidated during the placement. On the basis of application, the global insulated concrete forms market has been divided into the commercial, industrial, infrastructural, and residential segments. In terms of material, insulated concrete forms can be split into the polystyrene foam, polyurethane foam, cement-bonded wood fiber, cement-bonded polystyrene beads, and cellular concrete varieties. Their sustainability solutions can be categorized into improved energy operations, natural disaster resistance, and fire resistance.
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The global insulated concrete forms market has witnessed a robust expansion in 2016 and this trend is expected to continue during the forecast period. The burgeoning construction industry in Asia Pacific makes it a key region for this product, whereas the markets in North America and Europe are likely to expand at a moderate pace, unlike the markets in Latin America and the Middle East, which are anticipated to display a speedy extension, owing to the gamut of developmental activities in these regions.
Key players in the global market include IntegraSpec, Airlite (Fox Blocks), Quad-Lock Building Systems Ltd., Nudura Corporation, Logix Insulated Concrete Forms Ltd., Superform Products Ltd., Amvic, BuildBlock Building Systems, and Plasti-Fab.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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