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Insulated Concrete Form Market worth $1.49 billion by 2023

 



(EstateNewsWire.com, May 08, 2020 ) The report "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", 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 can be attributed to the increase in demand for new constructions due to rapid urbanization and industrialization, coupled with large-scale investments in the residential sector. The rising number of construction activities in emerging economies and the increasing inclination toward sustainable construction methods are increasing the reliance on modern construction techniques, thereby creating growth opportunities for the insulated concrete form market.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=241701346

Based on end-use industry, the residential segment of the insulated concrete form market is expected to gain maximum traction during the forecast period.

The residential end-use industry segment is estimated to lead the insulated concrete form market in 2018. The growth of the residential end-use industry segment can be attributed to rapid urbanization, primarily driven by the surge in demand for new residential constructions worldwide. In addition, the increasing demand for energy-efficient and durable residential spaces is also contributing to the growth of the residential end-use industry segment of the insulated concrete form market.

Based on material, the expanded polystyrene foam segment is estimated to account for the largest share of the insulated concrete form market in 2018.

Expanded polystyrene foam is used in the residential and non-residential sectors for a wide range of applications, such as roofs, floors, and walls. The market for expanded polystyrene foam is projected to grow at the highest CAGR during the forecast period, owing to its superior properties that include compressive strength, durability, moisture resistance, acoustic absorption, low thermal conductivity, and resistance to adverse climatic conditions.

Don't miss out on business opportunities in Insulated Concrete Form Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=241701346

Browse in-depth TOC on "Insulated Concrete Form Market”
77 - Market Data Tables
30 - Figures
117 - Pages

The North America region accounted for the largest share of the insulated concrete form market.

North America contributed a major share to the insulated concrete form market in 2017. This large share can be attributed to the increasing residential projects in the US, Canada, and Mexico. The demand for insulated concrete form from the construction sector due to its energy-efficiency, durability, and eco-friendly properties is another significant factor driving the growth of the insulated concrete form market in North America. Additionally, government investments in residential constructions provide potential for growth of the insulated concrete form market in the North American region.

Key players operating in the insulated concrete form market include NUDURA Corporation (Canada), Quad-Lock Building Systems (Canada), AMVIC (Canada), Fox Blocks (US), BASF (Germany), LOGIX Insulated Concrete Forms (UK), ConForm Global (US), KORE (Ireland), Polycrete International (Canada), LiteForm (US), Sunbloc (UK), Rastra (US), SuperForm Products (Denmark), Durisol (Australia), and Beco Products (UK).

Get This Report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=241701346

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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