Global Insulated Concrete Form Market: Key Highlights
Global Insulated Concrete Form Market: Key Market Dynamics
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Global Insulated Concrete Form Market: Regional Overview
North America is anticipated to witness prominent growth in insulated concrete form market during the forecasted period. This has attributed to growing food & beverage industry which consumes insulated concrete form for packaging the food products. Insulated Concrete Form play a vital role in the food & beverage industry by helping to increase the shelf life of perishable food and protect the product form wastage and damage. According to United States Department of Agriculture, (USDA), in 2017 agriculture, food, and related industries contributed USD 1.05 trillion to the U.S gross domestic product (GDP). Moreover, the growing construction and renovation activities in the region also attribute the growth of industrial film during the forecasted period.
The Asia-Pacific is anticipated to dominate the growth in insulated concrete form market during the forecasted period. This is attributed by growing agriculture, building & construction, and packaging industry in emerging countries such as China, India, and Japan. According to the India Brand Equity Foundation (IBEF), the export of agriculture and processed food product totalled USD 38.4 billion in 2019. Additionally, the rapid increase in population across India, China, Japan, and amongst others have surged the increasing demand for construction which may further increase the demand for Insulated Concrete Form. Thus, growing end-use industries in the region have expected to boost the demand for insulated concrete form market.
Global Insulated Concrete Form Market: Key Players Overview
Nudura Inc is engaged in providing innovative products and unprecedented service to our distributors, clients, and associates. The specialty products of the company are Insulated Concrete Forms, ICF, ICF Construction, Commercial/Residential Building Applications, Technical Support, and Insulated Concrete Wall Systems. The company has its presence in North America, and Europe. Nudura Inc offers products under four broad segments including Nudura ICF Series, Nudura One Series, Integrated Series, and Nudura Plus Series.
Amvic Inc. is engaged in designing, manufacturing, and distributing building material which helps to enhance the comfort and performance of the building envelope. The company is an industry-leading manufacturer of expanded polystyrene (EPS) building materials. Amvic specializes in producing innovative, cost-effective, environmentally-friendly green products for the building envelope.
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