Gujarat Magazine

Geofoam Market Size Analysis, Opportunities, Share, Top Suppliers, Growth, Regional Trends, Key Segments, Graph and Forecast to 2026

 Breaking News
  • No posts were found

Geofoam Market Size Analysis, Opportunities, Share, Top Suppliers, Growth, Regional Trends, Key Segments, Graph and Forecast to 2026

March 15
20:40 2024
Geofoam Market Size Analysis, Opportunities, Share, Top Suppliers, Growth, Regional Trends, Key Segments, Graph and Forecast to 2026
Browse 371 market data Tables and 45 Figures spread through 228 Pages and in-depth TOC on “Geofoam Market”
Geofoam Market by Type (Expanded Polystyrene (EPS) Geofoam, and Extruded Polystyrene (XPS) Geofoam), End-Use (Road & Highway Construction, Building & Infrastructure, Airport Runways & Taxiways), Application, Region – Global Forecast to 2026

The global market size for geofoam is estimated at USD 755 million in 2021 and is projected to reach USD 1,037 million by 2026, at a CAGR of 6.5% between 2021 and 2026. Geofoams are gaining popularity as a preferred alternative to traditional fill materials such as sand, clay, and topsoil.

Geofoam CompaniesThe key market players include Carlisle (US), Amvic Building Systems (Canada), Atlas Roofing Corporation (US), Insulation Company of America (US), Foam Products Corporation (US), Jablite (UK), ThermaFoam, LLC (US), Expol (New Zealand), Pacific Allied Products, Ltd. (US), Airfoam (Canada), Harbor Foam (US), Groupe Legerlite Inc. (Canada), Drew Foam (US), and Plasti-Fab Ltd. (Canada). These players have adopted product launches, acquisitions, expansions, partnerships as their growth strategies. 

Download PDF Brochure: 

Carlisle Construction Materials is a manufacturer and supplier of high-quality building materials for the construction industry. The company is a subsidiary of Carlisle Companies Incorporated (US), a global diversified company that manufactures and markets a variety of products for niche markets such as energy, commercial roofing, agriculture, construction, mining, aerospace & defense, electronics, and so on. The company provides environment friendly and sustainable products that help in reducing carbon footprint of a building and minimize its energy consumption. CCM has its operations of 42 plants in North America and 7 in Europe. The company has 26 manufacturing facilities across the US.

Another important player in the geofoams market is Amvic Inc. is a leading manufacturer of expanded polystyrene (EPS) building materials and insulated concrete forms (ICF). The company has developed by launching new and innovative insulation building solutions. The main businesses of Amvic Building Systems include insulated concrete foams (ICF) and insulation. Apart from this, it has other businesses, such as ECOAIR systems, thermoquiet, and geofoams. The company manufactures geofoams which are used in various applications, such as construction of roads, embankments, retaining walls, and so on. Amvic has a wide range of network distributors which cater to the various needs of customers. Apart from this, the company has signed partnerships with molders, suppliers & dealers, and ready-mix producers. Amvic has manufacturing facilities in Canada, Mexico, Ireland, Romania, and Russia.

Based on type, the geofoams market is segmented into expanded polystyrene and extruded polystyrene. Expanded Polystyrene (EPS) was the largest segment in the geofoams market in 2020. Expanded polystyrene geofoam is used to repair slope failures, reduce lateral load behind retaining structures, accelerate construction on fill for approach embankments, and minimize differential settlements at bridge abutments. 

Based on end-use, the geofoams market is segmented into road & highway construction, building & infrastructure, airport runway & taxiways, and others. The others segment comprises railway embankments and green roof applications. Road & highway construction segment accounted for the largest share of the geofoams market in 2020. Road & highway construction is the largest application, of which the two major functions of geofoams in it are void filling and providing structural support for construction on soft ground. 

Inquiry Before Buying: 

Based on application, geofoams are used in various applications such as structure foundation, embankments, slope stabilization, insulation, retaining structures, and others. In 2020, structure foundation was the largest segment in the geofoams market. It is one of the most common applications of geofoam, owing to its structural integrity, thermal barrier, durability, and low cost. 

Based on region, Asia Pacific is estimated to be the largest market in terms of value. It is majorly due to the increase in increasing investments in infrastructure in Asia Pacific region. Also, the growth can be attributed to growing end-use sectors such as residential & commercial buildings and transport infrastructure.

Read Our Trending Press Release Below:

Ceramic Armor Companies

Cyclopentane Manufacturers

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States