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Geofoam Market Analysis, Share, Industry, Opportunities 2031
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Geofoam Market Analysis, Share, Industry, Opportunities 2031

Segments - Global Geofoams Market by Types (Extruded Polystyrene (XPS) and Expanded Polystyrene (EPS)), End-users (Buildings and Roadways), Regions (Asia Pacific, North America, Europe, South America, and Middle East & Africa)- Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-3803 | 4.3 Rating | 84 Reviews | 176 Pages | Format : PDF Excel PPT

Report Description


The global geofoam market size is anticipated to register at a significant CAGR during the forecast period, 2021-2028. The growth of market is attributed to increasing demand for geofoams for roadways construction and growing investment in construction activities.

Global Geofoams Market Key Takeaways

Increasing demand for the product for a wide range of application such as ensure safety by absorbing the noise, vibrations, and earthquake shocks along with it is used as alternative for stabilizing the material.

Apart from application geofoams are extensively used in sports stadium and storage tanks which prevent grounds from freezing, railways track systems, and below refrigerated storage building.

Furthermore, due to its lightweight characteristics, durability, user-friendly, and availability at affordable rates along with customization of the product can be done into several shapes and sizes. With the rising maintenance activities and refurbishment of the existing infrastructure is most likely to surge the market during the forecast period.

Geofoams are highly vulnerable when exposed to UV radiation for a longer duration, the products transforms into slime like substance when it comes in contact with petroleum or other petroleum products.

  • Increasing investment and construction activities in some parts of the world such as Asia Pacific and Middle East & Africa is expected to surge the market in the coming years.
  • Growing awareness towards the public safety and to ensure it geofoams are been used as an alternative in roadways for stabilizing the materials is estimated to impel the market during the forecast period.
  • Increasing deployment of EPS bridge support technology in earthquake impacted areas is anticipated to create lucrative opportunities for the key players of the market during the projected period.
  • Flexibility of product into different shapes and sizes, enable low construction cost, light weighted, and super strengths is estimated to propel the market in the coming years.
  • Lack of skilled professionals and technical understanding about the product and its use act as one of the factor that can hamper the market growth during forecast period.
  • Highly susceptible to degrade into glue like substance when exposed to UV or sun rays limiting the usage of product in the industry thus possesses a challenge which can impede the market growth.

Scope of the market

The report on global geofoam market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Geofoam Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Extruded Polystyrene (XPS) and Expanded Polystyrene (EPS)), End-users (Buildings and Roadways)

Regional Scope

Asia Pacific, North America, Europe, South America, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Poly Molding LLC; ACH Foam Technologies; AFM Corporation; Atlas EPS; Carlisle.

Market Segment Insights

The extruded polystyrene (XPS) segment is expected to hold major share of the market

Based on types, the market is fragmented into extruded polystyrene (XPS) and expanded polystyrene (EPS). The extruded polystyrene (XPS) segment is expected to hold major share of the market during the forecast period due to the product which offer insulation and ensures protection to the structure, the product in manufactured with the help of recycle waste material and can be shaped into any form such as sheets and blocks. Hence the product is eco-friendly and provides ultra-efficient insulation.

Global Geofoams Market Types

The roadway segment is estimated exhibit high CAGR

On the basis of end-users, the market is bifurcated into buildings and roadways. The roadway segment is estimated exhibit high CAGR in the coming years owing to its properties and characteristics such as makes the foundation stable, used in airport runways, and construction over poor soil along with fill the void while construction of road are some of the stimulating factor, accompanied with increasing investment in Middle East and Africa for highway and airport construction and becomes a platform for government to attract investments from the companies by providing them proper and durable infrastructure.

Asia Pacific is anticipated to dominate the market

In term of regions, the market is segregated into Asia Pacific, North America, Europe, South America, and Middle East & Africa. Asia Pacific is anticipated to dominate the market in the coming years due to increasing government initiatives and support towards commercial and residential construction activities, and legal authorities of the countries such as China, South Korea, India, and Indonesia planned to invest heavily on public infrastructure development, thus boosting the demand for geofoam within the regions.

Global Geofoams Market Regions

Segments

The global geofoams market has been segregated on the basis of

Types
  • Extruded Polystyrene (XPS)
  • Expanded Polystyrene (EPS)
End-users
  • Roadways
  • Buildings
Regions
  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East and Africa
Key players
  • Poly Molding LLC
  • ACH Foam Technologies
  • AFM Corporation
  • Atlas EPS
  • Carlisle

Competitive Landscape

Key players competing in the global geofoams market include Poly Molding LLC; ACH Foam Technologies; AFM Corporation; Atlas EPS; Carlisle.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Global Geofoams Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Geofoam Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Geofoam Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Geofoam Market - Supply Chain
  4.5. Global Geofoam Market Forecast
     4.5.1. Geofoam Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Geofoam Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Geofoam Market Absolute $ Opportunity
5. Global Geofoam Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Geofoam Market Size and Volume Forecast by Types
     5.3.1. Extruded Polystyrene (XPS)
     5.3.2. Expanded Polystyrene (EPS)
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Geofoam Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Geofoam Market Size and Volume Forecast by End Users
     6.3.1. Roadways
     6.3.2. Buildings
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Geofoam Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Geofoam Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Geofoam Demand Share Forecast, 2019-2026
8. North America Geofoam Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Geofoam Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Geofoam Market Size and Volume Forecast by Types
     8.4.1. Extruded Polystyrene (XPS)
     8.4.2. Expanded Polystyrene (EPS)
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Geofoam Market Size and Volume Forecast by End Users
     8.7.1. Roadways
     8.7.2. Buildings
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Geofoam Demand Share Forecast, 2019-2026
9. Latin America Geofoam Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Geofoam Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Geofoam Market Size and Volume Forecast by Types
     9.4.1. Extruded Polystyrene (XPS)
     9.4.2. Expanded Polystyrene (EPS)
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Geofoam Market Size and Volume Forecast by End Users
     9.7.1. Roadways
     9.7.2. Buildings
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Geofoam Demand Share Forecast, 2019-2026
10. Europe Geofoam Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Geofoam Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Geofoam Market Size and Volume Forecast by Types
     10.4.1. Extruded Polystyrene (XPS)
     10.4.2. Expanded Polystyrene (EPS)
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Geofoam Market Size and Volume Forecast by End Users
     10.7.1. Roadways
     10.7.2. Buildings
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Geofoam Demand Share Forecast, 2019-2026
11. Asia Pacific Geofoam Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Geofoam Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Geofoam Market Size and Volume Forecast by Types
     11.4.1. Extruded Polystyrene (XPS)
     11.4.2. Expanded Polystyrene (EPS)
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Geofoam Market Size and Volume Forecast by End Users
     11.7.1. Roadways
     11.7.2. Buildings
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Geofoam Demand Share Forecast, 2019-2026
12. Middle East & Africa Geofoam Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Geofoam Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Geofoam Market Size and Volume Forecast by Types
     12.4.1. Extruded Polystyrene (XPS)
     12.4.2. Expanded Polystyrene (EPS)
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Geofoam Market Size and Volume Forecast by End Users
     12.7.1. Roadways
     12.7.2. Buildings
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Geofoam Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Geofoam Market: Market Share Analysis
  13.2. Geofoam Distributors and Customers
  13.3. Geofoam Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Poly Molding LLC
     13.4.2. ACH Foam Technologies
     13.4.3. AFM Corporation
     13.4.4. Atlas EPS
     13.4.5. Carlisle

Methodology

Our Clients

The John Holland Group
Nestle SA
Honda Motor Co. Ltd.
General Mills
Pfizer
Dassault Aviation
Microsoft
Deloitte