Global Insulated Concrete Form Market 2017-2021
About Insulated Concrete Form
Insulated concrete form (ICF) are structures that are used to hold fresh concrete that stays forever and give protection to the structure they encase. ICF is a result of cast set up of a concrete wall that is sandwiched between two layers of protective material. In other words, it may be described as a system of formwork which is made up of reinforced concrete within a rigid thermal insulation that remains as a permanent interior and exterior substrate for walls, floors, and roofs. These frameworks are solid and efficient. During the Second World War, this technique of construction was first developed in Europe as an economical and resilient way for rebuilding damaged structures.
Technavio’s analysts forecast the global insulated concrete form market to grow at a CAGR of 11% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global insulated concrete form market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Insulated Concrete Form Market 2017-2021
Technavio recognizes the following companies as the key players in the global insulated concrete form market: IntegraSpec, Logix Insulated Concrete Forms, NUDURA, Quad-Lock Building Systems, and SuperForm Products.
Other Prominent Vendors in the market are: Airlite Plastics Company & Fox Blocks, Amvic, BASF, Beco Products,BuildBlock Building Systems,ConForm Global, Durisol, LiteForm Technologies,PFB , Polycrete International, PolySteel WARMERWALL, Rastra, and Sunbloc.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Encouraging green building construction. In 2010, the European Parliament committed to broadening the levels of carbon reductions as per the Kyoto Protocol to the United Nations Framework Convention on Climate Change. The protocol mentioned the scaling up of renewable energy supplies and adoption of passive building strategies. The members of the EU are committed to reach near zero energy buildings by 2020 (EU 2010). Performance metrics have always been the focus for Europe. In recent years, starting with the German Passivhaus performance standard, this passive design methodology has gained extensive adoption. Variations on the approach and metric have been initiated in several countries, such as Belgium, Sweden, and Switzerland.”
According to the report, one of the major drivers for this market is Significant increase in energy savings Energy savings and comfort are built-in advantages attributed to every ICF system. ICF naming starts with a high R-Value (a measure of resistance to heat flow through a given thickness of material). Four inches of ASTM standard C 578 polystyrene foam insulation, combined with a 5 concrete wall forms a typical ICF system, with a rating above R-17 at 75 F mean test temperature. Other configurations of insulating form and materials also exhibit high R-Values.
Further, the report states that one of the major factors hindering the growth of this market is Comparatively higher cost of ICFs. One of the biggest challenges associated with ICF construction is its cost. Like lumber, the cost of concrete also varies, and can sometimes cost more than lumber. Normally, a basement built with ICFs will cost comparatively more than concrete or block foundation. Through several uses of ICF, it has been determined that using ICF wall construction normally adds about 30%-40% to the total foundation price. However, in the cost of producing a bare concrete wall, an ICF wall provides a furred out ICF wall that can be constructed all the way up to the floor joist, which also acts as a vapor barrier.
IntegraSpec, Logix Insulated Concrete Forms, NUDURA, Quad-Lock Building Systems, SuperForm Products, Airlite Plastics Company & Fox Blocks, Amvic, BASF, Beco Products,BuildBlock Building Systems,ConForm Global, Durisol, LiteForm Technologies,PFB , Polycrete International, PolySteel WARMERWALL, Rastra, and Sunbloc.
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