Market Size of North America Insulated Concrete Form (ICF) Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Insulated Concrete Form (ICF) Market Analysis
The North American insulated concrete form (ICF) market is expected to register a CAGR of over 5% during the forecast period.
COVID-19 negatively impacted the insulated concrete form (ICF) market in North America in 2020. The construction in residential and non-residential segments was heavily impacted by the lockdown during the pandemic. This has impacted the consumption of Insulated Concrete Forms in North America. The market expanded steadily after the continued functioning of the main end-user industries.
- Demand for energy-efficient buildings and increasing preparedness for disasters are expected to drive the insulated concrete form (ICF) market's growth in North America.
- Growing demand from hi-rise residential buildings and reduced construction time is forecasting market demand.
- High-cost associations are likely to impede market expansion.
- United States is expected to dominate the insulated concrete form (ICF) in North America and is also likely to witness the highest CAGR during the forecast period.
