The latest study on the Geofoam Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 - 2030 . The report covers the estimation of key market players, emerging new players, and regional analysis to offer a better understanding of the Geofoam Market . Furthermore, the report is updated with the changes in the market dynamics and economic scenario due to the COVID-19 pandemic. The report assesses the impact of the pandemic on the overall market and provides a detailed assessment of the present and future impact of the COVID-19 pandemic on the industry.
The global geofoam market size is expected to reach USD 1,342.5 Million at a steady revenue CAGR of 6.5% in 2030, according to latest analysis by Emergen Research. Wide application of geofoams due to superior properties and extensive cost savings is a major driving market revenue growth. Expanded Polystyrene (EPS) geofoam can be used in a variety of applications since it is naturally multifunctional. EPS geofoam has been used in airport pavements and roads, storage tanks, sports stadiums, railway track systems, underneath refrigerated storage facilities, and below-ground building segments. In addition, EPS geofoam can be used by engineers, architects, and builders to develop crucial geosynthetic functionality and select the best product combinations to achieve project goals. EPS geofoam offers new solutions to a variety of problems, including seismic shock protection and noise and vibration dampening due to its exceptional strength and flexibility. Hence, increasing application areas is leading to a rise in demand for geofoam, which is in turn, driving revenue growth of the market.
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Some major companies in the global market report Carlisle, Amvic Inc., Atlas Roofing Corporation, Insulation Company of America, LLC, Foam Products Corporation, Jablite, ThermaFoam, LLC., Expol, Pacific Allied Products, Ltd., and Airfoam.
Covid 19 analysis :
The report is refurbished with the impact of the recent COVID-19 pandemic on the global Geofoam Market . The pandemic has dynamically changed the economic scenario of the world and has affected several segments of the Geofoam Market . The research report focuses on the present and future impact of this crisis to provide an extensive analysis of the Geofoam Market post-COVID-19 crisis.
Market Scope:
One of the report’s central components is the broad Geofoam Market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past Geofoam Market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
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Segmentation:
Emergen Research has segmented the global geofoam market based on type, end-use, application, and region:
- 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
Geofoam Market Regional Segmentation;
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)
What is the report in store for you?
Industry Scale and Forecast: Industry analysts have provided historical, current and expected forecasts of the industry scale from a value and volume perspective
Future Opportunities: In this section of the report, Geofoam Market participants are provided with information about the likely future prospects offered by the Geofoam Market industry Here,the authors of the report talked about the main trends and developments happening in the Geofoam Market market and their impact on overall growth
Study of Industry segmentation:In this part of the report,a detailed analysis of the major Geofoam Market industry segments, including product types, applications and verticals, was carried out
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Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Geofoam Market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Geofoam Market size
2.2 Latest Geofoam Market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Geofoam Market key players
3.2 Global Geofoam Market size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Geofoam Market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
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