단열 콘크리트 폼 시장 : 예측(2024-2029년)

The insulated concrete form market is expected to grow at a compound annual growth rate (CAGR) of 6.22% during the forecast period.

Insulating concrete forms (ICFs) are cast-in-place concrete walls that are in between layers of insulation material. The construction methods are energy-saving and have high strength. Insulated concrete form is common in low-rise buildings, including residential, commercial, and industrial applications.

There are several advantages associated with insulated concrete form such as, can be easily assembled without any major components and tools. Have the limited application of skilled manpower. The insulated concrete form can be installed with simple stacking and interlocking of the construction. The usage of insulated concrete form would be also beneficial for sustainable and green building construction.

• In Great Britain, the value of construction output of new work for public and private sectors has risen by 15.82% from the previous year and reached £132,989 million in 2022. This increased spending suggests the overall market demand for the construction industry in the country.
• In Australia, the major public infrastructure spending was valued at US$230 billion over five years, a 4% increase from 2022.
• According to Eurostat, annual average production in construction for the year 2023, compared with 2022, increased slightly in both the euro area and the EU. However, in the European Union, building construction increased by 1.1% compared from 2022 to 2023 and civil engineering increased by 4.1%. Countries with significant increases are Romania, Poland, and Belgium, which are the top countries showing significant growth in the region. This increase in the construction industry indicates an overall increase in raw materials for inputs in the construction industry.

INSULATED CONCRETE FORM MARKET DRIVERS:

• Increasing demand for energy-efficient green and energy-efficient buildings

Insulating concrete forms (ICFs) are advisable for usage in eco-friendly buildings. The insulated concrete form has proven to be energy efficient, for maintaining steady and even temperatures for longer periods. It can save the energy usage significantly. All these contribute towards the Leadership in Energy and Environmental Design (LEED) Standard for construction.

The growing usage of the "green certified" spaces, such as the LEED rating system or Building Research Establishment Environmental Assessment Methodology (BREEAM), causes the increased rental cost of the building or giving premium to lease them. These observations are especially relevant to developed economies and developing economies of Asia as well. The relative demand for green buildings would cause an increase in the demand for insulated concrete form as the input material, as it can be manufactured using recyclable materials.

Further, green buildings are not only cost-beneficial but also good for people's health. U.S. Green Building Council Inc.'s research claims benefits to the people such as clean air, water, and less exposure to toxins. Thus investment in green buildings would cause an increased demand for raw materials inputs which would be sustainable.

• Rising construction activities

The construction and building industry all across the world is showing a significant pace of growth and development. One of the primary reasons for the expansion of this industry is due to the growing urbanization around the world. This includes the construction for the large urban population, that is, parks, hospitals, hotels, restaurants, houses, buildings, etc. for the living. The major part of the urbanization is taking place in the parts of Asia Pacific, Middle East, and Africa region.

One of the structural challenges of the building and construction lies in developing a structure that can withstand natural calamities like earthquakes, floods, and hurricanes. These structures must be able to accommodate the changes and challenges of the society. The use of insulated concrete form (ICF) helps achieve the climate objective as well as putting a strong structure into place against wear and damage.

• Reduced construction time and other related beneficial properties

The use of insulated concrete form is significantly becoming important owing to its properties. The inheritance problems of the construction industry like labor shortage, strict building codes, and higher material costs can be solvable using insulated concrete form. The installation process with the insulated concrete form becomes simpler compared to wood framing, which not only saves time for the installation but can be installed by unskilled labor, which reduces the overall cost.

The storage and transportation are marginally reduced as it is a lightweight and easy-to-maneuver material. It can be folded and put into different spaces which occupies less space. The urgency of the project completion could reduced by the use of insulated concrete form and provides an environment-friendly method of construction.

• Asia Pacific region to dominate the insulated concrete form market during the forecast period.

The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Major G20 countries like India, China, Japan, Australia, Indonesia, and South Korea, are present in the region. Thailand, Malaysia, Singapore, Vietnam, Taiwan, etc. are from this region are emerging economies. According to the IBEF (India Brand Equity Foundation), Indian interim budget 2024-25, allocated capital investment outlay for infrastructure has been increased by 11.1% US$ 133.86 billion. As per the Interim Budget 2023-24, a capital outlay of US$ 30.72 billion.

Japan has 119,466 thousand square meters of building construction in 2022. For different types of construction like non-dwelling, mining and construction, manufacturing, information and communications, wholesale and retail trade, medical, healthcare, etc. among others.

China remains the largest market for the growth and development of real estate. The new opportunity lies in policy decisions such as, new urban buildings being certified green buildings by 2022. The development and demands from the major economies of the Asia-Pacific would lead to an increased demand for sustainable raw materials in the region, thereby raising the demand for concrete form material.

Insulated concrete form market challenges:

• The relatively high costs of insulated concrete are one of the primary reasons that restrain insulated concrete form from the fast growth of the product. While it has operational cost much lower than the other materials owing to its lightweight.

Insulated concrete form market key developments:

• In November 2022, Foam Holdings (Wynnchurch Capital, L.P. portfolio company), announced the acquisitions of Amvic, Inc. and Concrete Block Insulating Systems, Inc. (CBIS) Amvic is a prime manufacturer of insulated concrete forms, radiant heat flooring insulation, and other insulation products. They also specialize in residential and commercial construction and infrastructure. Amvic is located in Toronto, Ontario, and CBIS is headquartered in West Brookfield, Massachusetts. CBIS manufactures EPS-preformed concrete block insulation systems and insulated containers.
• In September 2022, Amvic, Inc. announced the membership of the Insulating Concrete Forms Manufactures Association (ICFMA). This would help the company to have building code changes, sustainable construction, and increased efficiency. Further, in February 2022, it was announced that IntegraSpec would be part of the Insulating Concrete Forms Manufacturers Association (ICFMA). The Insulating Concrete Forms Manufacturers Association (ICFMA) is the North American non-profit trade association for the insulating concrete form (ICF) industry.

The insulated concrete form market is segmented and analyzed as follows:

By Material Type

• Polystyrene
• Cement Bonded Fiber
• Polyurethane
• Cement-bonded Polystyrene Beads

By Application

• Residential
• Commercial
• Industrial & Institutional

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Italy
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• India
• Japan
• South Korea
• Taiwan
• Thailand
• Indonesia
• Others

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base and Forecast Years Timeline
• 1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

• 2.1. Research Design
• 2.2. Research Process

3. EXECUTIVE SUMMARY

• 3.1. Key Findings
• 3.2. Analyst View

4. MARKET DYNAMICS

• 4.1. Market Drivers
  • 4.1.1. Increasing demand for energy-efficient green and energy-efficient buildings
  • 4.1.2. Rising construction activities
  • 4.1.3. Reduced construction time and other related beneficial properties
• 4.2. Market Restraints
  • 4.2.1. High cost of material
  • 4.2.2. Other Restraints
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. The Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis

5. INSULATED CONCRETE FORM MARKET BY MATERIAL TYPE

• 5.1. Introduction
• 5.2. Polystyrene
• 5.3. Cement Bonded Fiber
• 5.4. Polyurethane
• 5.5. Cement-bonded Polystyrene Beads

6. INSULATED CONCRETE FORM MARKET BY APPLICATION

• 6.1. Introduction
• 6.2. Residential
• 6.3. Commercial
• 6.4. Industrial & Institutional

7. INSULATED CONCRETE FORM MARKET BY GEOGRAPHY

• 7.1. Global Overview
• 7.2. North America
  • 7.2.1. United States
  • 7.2.2. Canada
  • 7.2.3. Mexico
• 7.3. South America
  • 7.3.1. Brazil
  • 7.3.2. Argentina
  • 7.3.3. Others
• 7.4. Europe
  • 7.4.1. United Kingdom
  • 7.4.2. Germany
  • 7.4.3. France
  • 7.4.4. Italy
  • 7.4.5. Spain
  • 7.4.6. Others
• 7.5. Middle East and Africa
  • 7.5.1. Saudi Arabia
  • 7.5.2. United Arab Emirates
  • 7.5.3. Others
• 7.6. Asia-Pacific
  • 7.6.1. China
  • 7.6.2. India
  • 7.6.3. Japan
  • 7.6.4. South Korea
  • 7.6.5. Taiwan
  • 7.6.6. Thailand
  • 7.6.7. Indonesia
  • 7.6.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 8.1. Major Players and Strategy Analysis
• 8.2. Market Share Analysis
• 8.3. Mergers, Acquisitions, Agreements, and Collaborations
• 8.4. Competitive Dashboard

9. COMPANY PROFILES

• 9.1. LiteForm
• 9.2. Cemex
• 9.3. Altor Solutions
• 9.4. Amvic Inc.
• 9.5. BASF SE
• 9.6. Beco Products Ltd.
• 9.7. BuildBlock Building Systems LLC
• 9.8. Durisol UK
• 9.9. Fox Blocks
• 9.10. Logix Build Solutions Ltd.
• 9.11. Mikey Block Co.
• 9.12. PFB Corporation
• 9.13. Polycrete International
• 9.14. RASTRA
• 9.15. RPM International Inc.
• 9.16. UNiBLOCK Ltd.