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Global $793M Insulated Concrete Forms Market, 2019-2024 Outlook - ResearchAndMarkets.com

December 23, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Dec 23, 2019--

The “Insulated Concrete Forms Market - Forecasts from 2019 to 2024” report has been added to ResearchAndMarkets.com’s offering.

Insulated concrete forms market is projected to grow at a CAGR of 6.08% during the forecast period, reaching the total market size of US$793.630 million in 2024 from US$556.956 million in 2018.

These blocks are steadily gaining traction in the market owing to growing awareness among the general public regarding its benefits such as less energy consumption, disaster resistance, and environment-friendly. Burgeoning construction activities across the globe is expected to boost the market for insulated concrete form.

By material type, expanded polystyrene is projected to grow at a significant CAGR. Expanded polystyrene foam is lightweight, durable, and moisture resistant and has low thermal conductivity resulting in an increase in its demand during the forecast period.

Geographically, North America and Europe hold a major share of the market due to the presence of the majority of players. Market share is expected to be low in emerging nations of Asia Pacific, Africa, the Middle East, and South America due to lack of awareness about the latest construction technologies in these regions.

Drivers

Restraints

Industry Updates

Segmentation

The insulated concrete form market has been analyzed through the following segments:

By material type

By End-User

By Geography

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/xzgiwz

View source version on businesswire.com:https://www.businesswire.com/news/home/20191223005276/en/

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KEYWORD:

INDUSTRY KEYWORD: OTHER CONSTRUCTION & PROPERTY CONSTRUCTION & PROPERTY OTHER MANUFACTURING MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 12/23/2019 08:04 AM/DISC: 12/23/2019 08:04 AM

http://www.businesswire.com/news/home/20191223005276/en