The geofoam market had a value of USD 755.4 million in 2021 and is anticipated to grow at a 6.5% CAGR in terms of revenue over the forecast period. Increased use of geofoams due to their numerous advantages, rising demand from end-user industries as a result of their superior properties, and the ease with which geofoams can be obtained as an alternative to conventional land stabilisation materials are the main factors driving market revenue growth. Expanded polystyrene (EPS) or extruded polystyrene (XPS) blocks that are lightweight and available in a range of sizes make up geofoam. The main use of geofoam is to use lightweight material to fill holes underneath highways, bridge approaches, dams, and parking lots.
The report analyzes the leading players of the global Geofoam market by inspecting their market share, recent developments, new product launches, partnerships, mergers, or acquisitions, and their target markets. This report also includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Geofoam market. Additionally, the report gives two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Geofoam market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Carlisle, Amvic Inc., Atlas Roofing Corporation, Insulation Company of America, LLC., Foam Products Corporation, Jablite, ThermaFoam, LLC., Expol, Pacific Allied Products, Ltd., and Airfoam
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Emergen Research has segmented the global Geofoam market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Type Outlook (Revenue, USD Million; 2019–2030)
- Expanded Polystyrene Geofoam
- Extruded Polystyrene Geofoam
End-Use Outlook (Revenue, USD Million; 2019–2030)
- Road Highway Construction
- Building Infrastructure
- Airport Runway Taxiways
- Others
Application Outlook (Revenue, USD Million; 2019–2030)
- Structure Foundation
- Embankments
- Slope Stabilization
- Insulation
- Retaining Structures
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Geofoam Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Geofoam Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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