Insulated Concrete Form (Flat, Grid (Screen, and Waffle), and Post & Lintel Systems) Market - Global Forecast to 2023
Dublin, Dec. 20, 2018 (GLOBE NEWSWIRE) -- The "Insulated Concrete Form Market by Type (Flat, Grid (Screen, and Waffle), and Post & Lintel Systems), Material (Expanded polystyrene Foam, Polyurethane Foam), End-Use Industry (Residential, and Non-residential), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering
The insulated concrete form market is estimated to be USD 1.11 billion in 2018 and is projected to reach USD 1.49 billion by 2023, at a CAGR of 5.95% from 2018 to 2023.
The growth of the insulated concrete form market is primarily driven by factors, such as increase in urban population, rapid industrialization, and large-scale investments in residential and non-residential sectors. The construction industry is rapidly evolving, and huge differences can be witnessed in the structures built recently as compared to those built over a decade ago. Changing lifestyles, growing urbanization trend, and increasing demand for energy-efficient and eco-friendly residential and non-residential buildings have forced architects and engineers to innovate the design of concrete structures suited for various applications and requirements.
The insulated concrete form market is gaining momentum in the modern construction industry due to factors such as increased adoption of green buildings and favorable government regulations. Features associated with insulated concrete form, such as fire & sound resistance, high insulation values, and impact resistance are also driving the demand for insulated concrete form. However, lack of awareness regarding the benefits of insulated concrete form acts as a challenge to the growth of the market.
Based on material, the expanded polystyrene foam segment is projected to lead the insulated concrete form market during the forecast period. The growth of this segment can be attributed to the increasing demand for expanded polystyrene foam from residential and non-residential construction sectors, due to its properties such as lightweight, fire & noise resistant, design flexibility, and durability. The need to provide insulation for walls, foundation, and roofs is another significant factor contributing to the growth of the expanded polystyrene foam segment.
The insulated concrete form market in North America is projected to grow at the highest CAGR from 2018 to 2023. This growth can be attributed to large-scale government investments in the residential sector in this region. Additionally, the increasing population and rising disposable income accelerate the per capita spending on construction. The US and Canada are considered to be lucrative markets for the upcoming public and private construction projects.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Currency Considered
1.5 Units Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Factor Analysis
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Market Share Estimation
2.6 Research Assumptions & Limitations
3 Executive Summary
4 Premium Insights
4.1 Emerging Economies to Witness High Demand for Insulated Concrete Form
4.3 Insulated Concrete Form Market, By Material
4.4 Insulated Concrete Form Market, By End-Use Industry, 2018
4.5 Insulated Concrete Form Market, By Country
5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Increasing Demand for Energy-Efficient Green Buildings
5.1.1.2 Rise in Construction Activities
5.1.1.3 Favorable Government Regulations
5.1.2 Restraints
5.1.2.1 High Costs
5.1.3 Opportunities
5.1.3.1 Rapid Urbanization
5.1.4 Challenges
5.1.4.1 Lack of Awareness Regarding the Latest Technologies in Emerging Economies
5.1.4.2 Economic Downturn in Major Regions
6 Insulated Concrete Form Market, By Type
6.1 Introduction
6.2 Flat Wall Systems
6.3 Grid Systems
6.3.1 Screen Grid Systems
6.3.2 Waffle Grid Systems
6.4 Post and Lintel Systems
7 Insulated Concrete Form Market, By Material
7.1 Introduction
7.2 Expanded Polystyrene Foam
7.3 Polyurethane Foam
7.4 Others
8 Insulated Concrete Form, By End-Use Industry
8.1 Introduction
8.2 Residential
8.3 Non-Residential
9 Insulated Concrete Form Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Russia
9.3.5 Rest of Europe
9.4 Asia Pacific
9.4.1 Australia
9.4.2 China
9.4.3 Japan
9.4.4 India
9.4.5 Rest of Asia Pacific
9.5 Middle East & Africa
9.5.1 South Africa
9.5.2 Saudi Arabia
9.5.3 UAE
9.5.4 Turkey
9.5.5 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Rest of South America
10 Competitive Landscape
11 Company Profiles
- NUDURA Corporation
- Quad-Lock Building Systems
- AMVIC
- Fox Blocks
- BASF
- LOGIX Insulated Concrete Forms
- ConForm Global
- KORE
- Polycrete International
- LiteForm
- Sunbloc
- Rastra
- SuperForm Products
- Durisol
- Beco Products
For more information about this report visit https://www.researchandmarkets.com/research/gxf37q/insulated?w=12
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