The market is segmented by material into polystyrene foam, polyurethane foam, and cement-bonded wood fiber, out of which, the polystyrene foam segment is anticipated to hold the largest share in the global insulated concrete form (ICF) market. This can be accounted to the high usage of the product to manufacture a wide range of consumer foams used in making ICF interior walls. Apart from these, high shock and chemical resistance of polystyrene foam is also predicted to drive growth to the market segment in the future. Additionally, on the basis of application, the residential segment is assessed to acquire the largest share over the forecast period owing to the increasing implementation of building codes requiring energy-efficiency, and growing construction of smart cities in developing nations.
Our in-depth analysis of the global market includes the following segments
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Author Credits: Rajrani Baghel
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