Press release
Geofoam Market Trends, Size & Forecast | Lightweight Fill Material Solutions 2025 | Top key players - Jablite, ThermaFoam, LLC, Expol.
The Global Geofoam Market reached US$ 0.9 billion in 2022 and is expected to reach US$ 1.4 billion by 2031, growing with a CAGR of 6.4% during the forecast period 2024-2031.Geofoam Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Geofoam is a lightweight, engineered foam material-typically made from expanded polystyrene (EPS)-used in construction for soil stabilization, embankments, retaining walls, and slope repairs. Its low weight reduces stress on underlying soil and structures, making it ideal for soft ground or seismic zones. Geofoam simplifies installation, improves project timelines, and offers long-term durability in challenging geotechnical conditions.
List of the Key Players in the Geofoam Market:
Carlisle, Amvic Building Systems, Atlas Roofing Corporation, Insulation Company of America, Jablite, ThermaFoam, LLC, Expol, Airfoam, Harbor Foam and Plasti-Fab Ltd.
Industry Development:
On December 7, 2021, InsulFoam partnered with the Ritchie Group to build a community swimming pool in Orem, Utah, using InsulFoam's expanded polystyrene (EPS) Geofoam. The material was chosen for its lightweight properties and structural versatility, making it ideal for construction applications such as pool foundations.
On November 4, 2022, Foam Holdings Inc. announced the acquisition of Amvic, a leading Canadian EPS manufacturer, along with Concrete Block Insulating Systems Inc., a company specializing in geofoam products. This strategic acquisition is expected to expand Foam Holdings' footprint in the North American EPS and geofoam markets.
Growth Forecast Projected:
The Global Geofoam Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Geofoam Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Geofoam Market:
By Type: Expanded Polystyrene, Extruded Polystyrene.
By Application: Structure Foundation, Embankments, Slope Stabilization, Insulation, Retaining Structures, Others.
By End-User: Road & Highway Construction, Building & Infrastructure, Airport Runway & Taxiways, Others.
Regional Analysis for Geofoam Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Geofoam market?
➠ Who are the leading manufacturers in the global Geofoam industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Geofoam industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Geofoam market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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