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    Geofoams Market - Size, Share, Trend & Forecast Analysis

    Geofoams Market - Size, Share, Trend & Forecast Analysis
    Report code - SRAM288 Delivery - 2 Weeks
    Geofoams Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Geofoams Market Insights

    Geofoams Market is likely to witness an impressive CAGR of 9.2% during the forecast period. The market for geofoams is at a progressive phase and is expected to grow likewise in the coming five years. The claim for geofoams is upward as they offer enormous cost savings and remarkable load-bearing properties. Large scale infrastructural ventures in developing countries, such as China, India, Brazil, Saudi Arabia, and Qatar are influencing the high demand for geofoams globally.

    Geofoams Market - Snapshot

    Growth

    9.2% for the next five years

    Major Type

    XPS geofoams

    Dominant Application Type

    Roadways application

    Region with the highest demand

    Asia-Pacific

    Key Players

    ACH Foam Technologies, LLC, Amvic Building Systems, Carlisle Construction Materials, Expol Ltd., Groupe Legerlite, Inc., Insulation Corporation of America, Mansonville Plastics (BC) Ltd., Poly Molding LLC, and Thermafoam LLC. 

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    Market Share Analysis

    Geofoams Market Share: By Type

    Based on the type, the market is segmented as EPS geofoams and XPS geofoams. The XPS geofoams segment is estimated to depict a faster growth in the coming years. The growth is attributed to the overall growth in the use of geofoams owing to the growing cognizance about the advantages of geofoams over conventional land stabilization materials in various construction activities.

    Geofoams Market Share: By Application Type

    Based on the application type, the market is segmented as roadways and building and construction. The roadways application segment is expected to be the faster-growing segment during the forecast period. The rising demand from various core sectors, such as construction and roads & highways is the prime factor contributing to the rapid growth of the global geofoams market.

    Geofoams Market Share: By Region

    In terms of regions, Asia-Pacific is the largest consumer of geofoams and is also estimated to depict high growth in the coming five years. China and India are the growth engines of the region. The market is majorly driven by the rise in geofoams’ demand from various application segments, such as construction and roads & highways. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.

    Geofoams Market: Key Players

    Some of the major players in the geofoams market are ACH Foam Technologies, LLC, Amvic Building Systems, Carlisle Construction Materials, Expol Ltd., Groupe Legerlite, Inc., Insulation Corporation of America, Mansonville Plastics (BC) Ltd., Poly Molding LLC, and Thermafoam LLC. 

     

    Market Scope & segmentation

    Geofoams are large blocks of lightweight foams that are manufactured of extruded polystyrene (XPS) or expanded polystyrene (EPS).

    Geofoams have a primary function of filling gaps without adding on weight. Roadways and building & construction are the most common application areas of geofoams usage.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Geofoams Market Report - Features

    Market Segmentation

    3

    Regions Covered

    5

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    9

            

    The geofoams market is segmented into the following categories. 

    Geofoams Market Size, Share & Forecast, by Type:

    • EPS Geofoams (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • XPS Geofoams (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Geofoams Market Size, Share & Forecast, by Application Type:

    • Roadways (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Building and Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Geofoams Market Size, Share & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What are Geofoams?

    Geofoams are large blocks of lightweight foams that are manufactured of extruded polystyrene (XPS) or expanded polystyrene (EPS). Geofoams have a primary function of filling gaps without adding on weight. Roadways and building & construction are the most common application areas of geofoams usage.

    What will be the CAGR of the Geofoams Market?

    Geofoams Market is likely to witness an impressive CAGR of 9.2% during the forecast period. The market for geofoams is at a progressive phase and is expected to grow likewise in the coming five years.

    Which country/region is expected to remain the largest Geofoams Market?

    In terms of regions, Asia-Pacific is the largest consumer of geofoams and is also estimated to depict high growth in the coming five years.

    Who are the key players in the Geofoams Market?

    Some of the major players in the geofoams market are ACH Foam Technologies, LLC, Amvic Building Systems, Carlisle Construction Materials, Expol Ltd., Groupe Legerlite, Inc., Insulation Corporation of America, Mansonville Plastics (BC) Ltd., Poly Molding LLC, and Thermafoam LLC.

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