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Insulated Concrete Form (ICF) Market Trends

Report ID: GMI725
Published Date: Jul 2023
Report Format: PDF

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Insulated Concrete Form Market Trends

Rising government support to promote sustainable building measures for greener and more sustainable future will boost the market expansion. This can be attributed to the growing importance on addressing environmental challenges, reducing energy consumption, and mitigating climate changes. The increasing transition towards environmentally friendly as well as energy-efficient construction practices has compelled numerous governments to provide regulations, incentives, education, and research funding. The surge in construction of passive houses will further accelerate the industry development.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of insulated concrete form is anticipated to witness over 7.1% CAGR from 2024 to 2032, driven by the rising number of energy efficient buildings worldwide.

The residential application segment accounts for nearly 50% of the insulated concrete form market share and is expected to record notable CAGR from 2023 to 2032 driven by the rising number of nuclear families worldwide.

North America is estimated to record more than 43% share of the ICF market by 2032 due to the influx of favorable government policies for supporting the adoption of energy-efficient materials in buildings.

Some of the major participants in the ICF market include Airlite (Fox Blocks), Amvic Inc., Polycrete, Buildblock Building System, Apex Block, Beco Products Ltd., Durisol, ICF Tech, Quad-Lock Building Systems Ltd., Integraspec, Liteform Technologies, Mikey Block, and Nudura Corporation.