Pune, India -- (SBWIRE) -- 01/19/2018 -- Global Insulated Concrete Form Market - Overview
The construction sector is responsible for resource depletion and environmental damage. The comparison of traditional and modern buildings in relation to environmentally-efficient parameters can be found. It is recognized for its high-energy consumption, global greenhouse gas emissions, solid waste generation and pollution at all levels. Moreover, continued decline in the quality of framing lumber and unpredictable price fluctuations have placed innovative concrete building materials in the front as workable alternatives to conventional homebuilding techniques. Insulating Concrete Form building systems, or ICFs, combine mass of concrete, with the energy saving and low infiltration features of stay-in-place insulating forms. This emphasizes on energy efficiency, quality construction and great indoor air quality which is likely to favour Global Insulated Concrete Form Market size growth over the forecast period.

Insulated Concrete Formwork is an advanced modern method of construction. It uses expanded polystyrene panels to form multi-storey wall structures for use in construction industry. It is a construction method that is fast and economical and produces safe and durable structures. These forms undertakes the place of masonry, wood, or concrete, not only provide a continuous insulation and sound barrier, but also a backing for drywall on the inside, or brick on the outside. They are permanent, sandwich-type of forms, on which concrete is poured between two insulation layers. Insulated Concrete Form walls act as a thermal barrier, making it possible for buildings and homes to retain heat more effectively. It is better alternative to traditional wood-framed walls due to is referred as safer choice as concrete is far more flame resistant than wood.

According to a recent study report published by the Market Research Future, The global market of Insulated Concrete Form is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).

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Prominent Players
IntegraSpec ICF, Quad-Lock Building Systems Ltd., Nudura Corporation, Logix Insulated Concrete Forms Ltd., Reward Wall Systems Inc., Amvic Building System, BuildBlock Building Systems Inc., Plasti-Fab Expanded Polystyrene Product Solutions, Durisol Building System Inc., and Airlite Plastics Company are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Insulated Concrete Form market.

Insulated Concrete Form Market - Competitive Analysis
Insulated Concrete Form market appears to be competitive with the presence of several large and small players operating in the Insulated Concrete Form Market. These Key players compete based upon pricing, quality, Technology and reputation. Insulated Concrete Form market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the Insulated Concrete Form market strive to respond to the growing demand for insulated concrete form. Moreover, manufacturers mainly ensure to deliver the best quality products based on innovative technologies, and best practices.

Industry:
ICFs are revolutionizing the global residential, commercial, institutional and industrial building industries. Building with ICFs is gaining momentum over other building methods because with comparable costs. Moreover, rise in sustainable and resilient buildings with the utilization of ICFs will be one of the latest trends that will contribute to the growth of this market. It provides benefits such as the comfort, noise reduction, energy efficiency, and resilience.

ICF structures are eco-friendly, efficient, and can carry a considerable amount of load. One of the prominent environmental benefits is that ICFs can be produced from recyclable materials, which is a major contributor to reducing the impact of buildings on the environment.

Insulated Concrete Form Market - Segments:
Global Insulated Concrete Form Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.
Segmentation by Concrete Shape: Flat wall system, Screen grid system, Waffle grid system, and Post & Lintel system
Segmentation by Material: Polystyrene foam, Polyurethane foam, Cement-bonded wood fiber, Cement-bonded polystyrene beads and others
Segmentation by Application: Residential, Commercial, Industrial and Infrastructure
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

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Insulated Concrete Form Market - Regional Analysis
North America is expected to grow rapidly for global Insulated Concrete Form market. The share is attributed to the increased government support in the form of rebate and other tax benefits to the construction companies. However, APAC is a growing market for global insulated concrete form with its fast growing market worldwide. The region is expected to show rapid economic and infrastructural growth. With lot of investments in the regions of China and India, the construction sector is growing. The inflow of investments in India further augments the market for buildings with ICF walls.

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