Geofoam Market – Growth, Trends, and Forecasts (2022-2027)
Market Overview
According to the research report on the Global Geofoam Market, the market is projected to experience a compound annual growth rate (CAGR) of approximately 6.8% during the forecast period from 2023 to 2028. The report provides a comprehensive and strategic analysis of the market’s growth trajectory in the upcoming period. It thoroughly explains the latest market trends, growth drivers, challenges, opportunities, as well as ongoing and upcoming developments. The research study aims to enable key stakeholders in the market to align their strategies accordingly.
- Historical Period: 2018-2021
- Base Year: 2022
- Forecast Years: 2023-2028
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The research report includes the following major inclusions
- Geofoam Market size, CAGR, drivers, challenges, opportunities, and restraints.
- Recent developments by the leading players in the market.
- Prominent performance indicators that can impact the Geofoam Market during 2023-2028, such as product/service launches, untapped geographies, and investment portfolio.
- Key trends and major companies/stakeholders associated with the Geofoam Market.
Scope of the Geofoam Market Research Report:
This research report highlights how the leading players in the Geofoam market are focusing on their sales, product portfolio, margins, and net profits. It also describes their performance across different end-user verticals. Additionally, the report aims to provide strategic suggestions to new market players and guide established leaders in achieving further business development in the industry.
Market Segmentation of Geofoam Market
This section of the research report thoroughly investigates various segments and sub-segments of the Geofoam Market across different geographies. It helps readers identify the most prominent aspects that could impact the market’s growth trajectory during 2023-2028. The segments mentioned below are considered:
-By Product Type
- Expanded polystyrene
- Extruded polystyrene
-By Application
- Structure Foundation
- Embankments
- Slope Stabilization
- Insulation
- Retaining Structures
- Others (Void Filling, Theatre & Stadium Seating, Impact Protection)
-By End Use
- Road & Highway construction
- Building & Infrastructure Construction
- Airport Runways & Taxiways Construction
- Others (Railway Embankments, Green roofs, etc.)
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The impact of the Covid-19 pandemic on the Geofoam Market
The advent of the Covid-19 pandemic in 2020 rapidly transformed people’s working and living patterns. This section of the research report examines the changes in the growth trajectory of the Geofoam Market in response to the pandemic. It also provides insights into the various changes in consumer demand, buying patterns, and other factors that occurred due to the global crisis.
Our research analysts are constantly interacting with industry experts to track the changing dynamics of the industry. They provide the most recent insights to our readers, which can help them make informed decisions and prepare for any such situations in the future.
Competitive Landscape
The research report includes recent developments by key players in the Geofoam Market, which are mentioned below. It also provides valuable information about strategies such as mergers, acquisitions, and collaborations adopted by these companies at different phases.
- Atlas Roofing Corporation
- Pacific Allied Products Ltd.
- Beaver Plastics Ltd.
- National Polystyrene Packaging Factory L.L.C
- Airfoam Industries Ltd.
- Amvic, Inc.
- DuPont de Nemours.
- Drew Foam Companies, Inc.
- Poliestireno Alfa-Gamma S.A.
- Jebsen & Jessen Packaging
- Cellofoam North America, Inc.
- Carlisle Construction Materials, LLC
- ACH Foam Technologies, LLC
- Harbour Foam Inc
- Benchmark Foam Inc.
- Jablite
- Others
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