Geofoam Market to Witness Huge Growth by Key Players: Carlisle, Amvic Building Systems, Atlas Roofing Corporation, Insulation Company of America, Foam Products Corporation

According to Market Study Report, Geofoam Market provides a comprehensive analysis of the Geofoam Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

The global market size for geofoam is estimated at USD 755 million in 2021 and is projected to reach USD 1,037 billion by 2026, at a CAGR of 6.5% between 2021 and 2026.

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#Top Key Players- 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).

“Extruded polystyrene is expected to be the fastest-growing segment during the forecast period during 2021-2026”
Extruded polystyrene (XPS) is expected to grow at a faster rate during the forecast period owing to its increasing demand from insulation applications in the building & infrastructure sector is expected to lead to the growth of this segment.

“Road & highway construction is expected to grow at a faster rate during 2021-2026”
By end-use,road & highway constructionis expected to grow at a faster rate during the forecast period, owing to its extensive use in construction over poor soils, for the stabilization of foundations, in road widening, railway embankments, bridge abutments, and other applications.

“Structure foundation was the largest segment in 2020, in terms of value and volume ”
By application, Structure foundation was the largest segment in 2020, in terms of value and volume. Structure foundation is one of the most common applications of geofoam. Expanded Polystyrene (EPS) foam foundation blocks are gaining popularity in structural foundation applications because of their structural integrity, thermal barrier, durability, and low cost.

“South America is projected to register the highest CAGR during the forecast period”
The growth of the market in the region is driven by the high demand for geofoam in Brazil, Argentina, and Colombia. Brazil is the largest economy in the region with the highest population and has undertaken various construction activities. Increasing construction spending in the region is further aiding the growth of the geofoam market.

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Table Of Contents:-
1 Introduction
1.1 Objective Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered For The Study
1.4 Currency
1.5 Unit Considered
1.6 Scope-Related Limitations
1.7 Stakeholders
1.8 Inclusions & Exclusions
1.8.1 Geofoam Market, By Country: Inclusions & Exclusions
1.9 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Geofoam Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown Of Primary Interviews
2.2 Matrix Considered For Demand-Side
Figure 2 Main Matrix Considered For Assessing Demand For Geofoams
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
2.3.2 Top-Down Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Methodology For Supply-Side Sizing Of Geofoam Market
Figure 6 Methodology For Supply-Side Sizing Of Geofoam Market (2/2)
2.3.2.1 Calculations For Supply-Side Analysis
2.3.3 Forecast
2.3.4 Approach: Based On Global Market
Figure 7 Market Size Estimation Methodology: Top-Down Approach
2.3.5 Approach 4: Based On Type, By Region
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
2.4 Growth Rate Assumptions/Growth Forecast
2.5 Data Triangulation
Figure 9 Geofoam Market: Data Triangulation
2.6 Key Assumptions
2.7 Limitations
2.8 Risk Analysis

3 Executive Summary
Table 1 Geofoam Market Snapshot
Figure 10 Expanded Polystyrene Segment Projected To Lead Overall Market During The Forecast Period
Figure 11 Road & Highway Construction Segment Projected To Lead Geofoam Market During The Forecast Period
Figure 12 Structure Foundation Segment Projected To Lead Overall Geofoam Market During The Forecast Period
Figure 13 North America Accounted For Largest Share Of Geofoam Market In 2020

4 Premium Insights
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The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the geofoams market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and make suitable go-to-market strategies.

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