Insulated Concrete Form (ICF) Market Report 2022-2027 Size, Share, Growth, Industry Trends, Analysis
According to the latest report by IMARC Group, titled " Global Insulated Concrete Form (ICF) Market Report, Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027 ", the global insulated concrete form (ICF) market reached a value of US$ 878.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,204.10 Million by 2027, exhibiting a CAGR of 5.10% during 2022-2027. Insulated concrete form (ICF) refers to a strong and energy-efficient system of formwork made up of insulating foam or hollow block components that are dry-stacked together. It is used for manufacturing reinforced concrete (RCC) and is placed as a substrate for roofs, walls, and floors. It also provides various benefits, such as energy efficiency, sound blocking ability, cost-effectiveness, and enhanced safety to disasters. As a result, ICF is widely utilized across the construction industry. We are regularly tracking the direct effect of COVID-19 on the market,...