Insulated Concrete Form Market To Reach $1,326.6 Million By 2030

Insulated Concrete Form Market Growth & Trends

The global insulated concrete form market size is estimated to reach USD 1,326.6 million by 2030, registering a CAGR of 5.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. Higher insulation values, strength, durability, and lightweight properties offered by insulated concrete forms are likely to boost their demand in construction applications over the forecast period.

The product is witnessing high demand in low rise residential and commercial buildings on account of its easy application to build energy-efficient structures. The lightweight property of insulated concrete forms makes them a user-friendly product for shipping and handling during building construction activities. Furthermore, constructions using these products require lesser time as compared to conventional building solutions.

ICF walls can replace traditional wooden framed walls owing to their better performance against moisture and mold. They are manufactured using recyclable raw materials, which makes them more environment-friendly and cost-effective. Furthermore, insulated concrete form offers better flame resistance than wood, which provides them a competitive edge over wooden materials.

ICF walls are manufactured by sandwiching concrete in two layers of foam, which results in building insulation value of up to R40-50. As a result, this aids in reducing the cost required for heating homes by up to 70%. Growing demand for cost-efficient housing systems in temperate regions is expected to propel the insulated concrete form industry growth over the projected period.

Market players are focusing on advancements in the product to enhance its thermal insulation values and strength. Moreover, prominent ICF market players have patented the innovation of interlocking blocks for the rigid construction of walls and foundations, making it difficult for other players to penetrate the market. Manufacturers are concentrating on providing guidelines along with installation services to end users, which is likely to support the demand for insulated concrete form over the forecast period.

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Insulated Concrete Form Market Report Highlights

• The polystyrene foam product segment held the largest revenue share of 61.1% in 2024, driven by its superior insulation properties, durability, and lightweight structure.

• The residential application segment dominated the market with a revenue share of 70.0% in 2024, driven by the increasing need for disaster-resistant housing, particularly in regions prone to hurricanes, wildfires, and earthquakes.

• The North America insulated concrete form market accounted for the largest revenue share of about 36.6% in 2024, driven by the rising demand for energy-efficient and sustainable construction materials.

Insulated Concrete Form Market Segmentation

Grand View Research has segmented the global insulated concrete form market based on product, application, and region:

Insulated Concrete Form Product Outlook (Revenue, USD Million, 2018 - 2030)

• Polystyrene Foam

• Polyurethane Foam

• Cement-bonded wood fiber

• Others

Insulated Concrete Form Application Outlook (Revenue, USD Million, 2018 - 2030)

• Residential

• Non Residential

Insulated Concrete Form Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

• Central & South America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

  • UAE

List of Key Players in the Insulated Concrete Form Market

• Airlite Plastics Company

• Amvic Inc.

• BASF SE

• Beco Products Ltd.

• Durisol UK

• Nudura Corporation

• Quad-Lock Building Systems, Ltd.

• BuildBlock Building Systems, LLC.

• Logix Insulated Concrete Forms Ltd.

• Standard ICF Corporation