The insulated concrete form market was valued at USD 1.04 billion in 2017 and is projected to reach USD 900 million by 2027, at a CAGR of 6% from 2019 to 2027.
Competitive Market Share
Global business share is highly competitive owing to the presence of dominating players such as BASF, IntegraSpec, Quad-Lock Building Systems Ltd., Airlite (Fox Blocks), Superform Products Ltd., and Nudura Corporation. The other notable industry participants include Amvic, Logix Insulated Concrete Forms Ltd., Plasti-Fab, and BuildBlock Building Systems, Durisol, and Future Foam Inc. Product enhancements, supply chain agreements, and mergers & acquisitions are among the key strategies adopted by major industry players. For instance, in December 2017, Buildblock announced to open a new manufacturing facility in the U.S. to meet the growing consumer demand for the product across the region.
The main objective of this report is to define, describe, and forecast the global insulated concrete form market on the basis of types of applications, major sectors, deployment models, organization size, and regions. This report mainly introduces volume and value market share by segments and also their price change details. The analysis includes the market by value, by segments, by application, by manufacturers and by region. The market size and forecast in terms of US$ Mn for each segment has been provided for the period from 2019 to 2027. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2019 to 2027, considering 2018 as the base year. All market data presented in revenues, shipments and installed base, along with average pricing data.
The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report also offers insightful and detailed information regarding the various key players operating in the global market, and their financials, apart from strategies, acquisitions & mergers, and market footprint.
The report forecasts the market size, in terms of value, for various segments with regard to four main regions—North America, Europe, APAC, and RoW. It strategically profiles key players and comprehensively analyzes their market rankings and core competencies, along with detailing the competitive landscape for the market leaders.
The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. The report analyze detailed profiles of 20+ innovative and leading vendors, with information on products and services, target markets, strategy, SWOT analysis, key relationships and capital funding.
The research methodology used to estimate and forecast the market begins with capturing data on key vendor’s revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and sub-segments.
Scope of Report:
The research report segments the insulated concrete form market into the following submarkets:
Key questions addressed by the report