Global Geofoams Market Research Report 2022 - Market Size, Current Insights and Development Trends

Geofoam is expanded polystyrene (EPS) or extruded polystyrene (XPS) manufactured into large lightweight blocks. The blocks vary in size but are often 2 m × 0.75 m × 0.75 m (6.6 ft × 2.5 ft × 2.5 ft). The primary function of geofoam is to provide a lightweight void fill below a highway, bridge approach, embankment or parking lot. EPS Geofoam minimizes settlement on underground utilities. Geofoam is also used in much broader applications, including lightweight fill, green roof fill, compressible inclusions, thermal insulation, and (when appropriately formed) drainage.Geofoam shares principles with geocombs (previously called ultralight cellular structures) which has been defined as "any manufactured material created by an extrusion process that results in a final product that consists of numerous open-ended tubes that are glued, bonded, fused or otherwise bundled together."The cross-sectional geometry of an individual tube typically has a simple geometric shape (circle, ellipse, hexagon, octagon, etc.) and is on the order of 25 mm (0.98 in) across. The overall cross-section of the assemblage of bundled tubes resembles a honeycomb that gives it its name. Presently, only rigid polymers (polypropylene and PVC) have been used as geocomb material.
The Geofoams market has witnessed a growth from USD XX million to USD XX million from 2017 to 2022. With a CAGR of X.X%, this market is estimated to reach USD XX million in 2029.

The report focuses on the Geofoams market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Geofoams market.

Major Players in the Geofoams market are:
Beaver Plastics
Poly Molding
FMI-EPS
Le Groupe LegerLite
ACH Foam Technologies
DrewFoam Companies
Amvic Building Systems
Expol
Carlisle Construction Materials
Thermafoam
Atlas EPS
VersaTech

On the basis of types, the Geofoams market is primarily split into:
EPS Geofoams
XPS Geofoams

On the basis of applications, the market covers:
Roadways
Building & Construction

Major Region

s or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

Years considered for this report:

Historical Years:

2017-2021

Base Year:

2021

Estimated Year:

2022

Forecast Period:

2022-2029