Global Geofoam Market Forecast to 2030

Emergen Research has recently added a new report titled Global Geofoam Market that provides an extensive analysis of the Geofoam market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments , and a comprehensive analysis of the impact of the COVID-19 pandemic on the growth of the Geofoam market. The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.

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.

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Research Report on the Geofoam Market Addresses the Following Key Questions:

• Who are the dominant players of the Geofoam market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Geofoam market?
• What are the key growth drivers and restraining factors of the Geofoam market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Geofoam market and its key segments?

Market Overview:

The report bifurcates the Geofoam market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

• 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

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Regional Landscape section of the Geofoam report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

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)

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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.

Key Companies Profiled 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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