A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Geofoams
Market. The
study, titled “Geofoams
Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2016 - 2023”,
is available for sale on the firm’s website.
Global
Geofoams Market: Overview
Geofoams
are extruded polystyrene (XPS) or expanded polystyrene (EPS), which
can be manufactured into lightweight blocks that offer desired
strength and protection against heat or frost. The construction
industry is the primary consumer of geofoams, finding application in
road repair and in other concrete parts of a building. With rapid
urbanization across the world, especially in vastly populated and
large-landscaped countries such as India, UAE, and China, the
construction industry is currently flourishing. This factor in turn
is providing traction to the global geofoams market, which is
projected to expand at a robust rate during the forecast period of
2016 to 2023.
Browse
Market Research Report @
This
report on the global geofoams market has been developed in order to
provide useful insights from business perspective to targeted
audiences such as manufacturers of geofoams, traders and
distributors, and government agencies across the world. The report
studies all the factors that may influence the demand for geofoams in
the near future and estimates the opportunities in the market until
2023. Several leading companies operating in the global geofoams
market have also been profiled for their geographical presence, share
of the pie, competitors, and recent developments.
Application-wise,
the global geofoams market can be segmented into building and
construction, roadways, vibration and noise damping, landfill, and
bridges while on the basis of type, the market can be categorized
into EPS geofoams and XPS geofoams. Geographically, the report
evaluates the opportunities available for the stakeholder of geofoams
market in regions such as the Middle East and Africa, North America,
Latin America, Europe, and Asia Pacific.
Global
Geofoams Market: Trends & Opportunities
Roadways
continue to be the major application segment for geofoams. India and
other emerging economies are continuously improving their
road-infrastructure and the lightweight material is being preferred
over other alternatives and driving the demand in the global geofoams
market. In addition to construction and roadways, geofoams are now
being used for large industrial pipes and as compressible inclusions
in tunnels. There is no real requirement of mechanical fastening when
working with geofoams, which leads to various benefits and reduces
the overall cost of the construction.
Moreover,
geofoams are quite immune to external environmental conditions and
can be readily formulated at the construction site. This is another
factor favoring the global geofoams market. As geofoams offer
excellent dampening of noise and vibration, their application is now
expanding beyond building construction and roadways to bridges,
railway tracks, beneath refrigerated storage buildings, and storage
tanks that help in preventing ground freezing. With this expanding
application, the demand in the global market for geofoams is expected
to consistently grow during the forecast period. On the other hand,
vulnerability of geofoams when subjected to certain petroleum
solvents necessitates extra care to be taken during the construction.
Global
Geofoams Market: Regional Outlook
North
America, gaining demand primarily from the U.S. and Asia Pacific,
which is driven by China and India, are two of the most lucrative
regions in the global geofoams market. Acceptance of geofoams in
these two regions is expected to sustain the growing demand for the
same throughout the forecast period.
Get
accurate market forecast and analysis on the Geofoams market. Request
a sample to stay abreast on the key trends impacting this market@
Companies
mentioned in the research report
Expol
Ltd., Carlisle Construction Materials, ACH Foam Technologies, LLC,
Amvic Building Systems, Pacific Allied Products Ltd, and Groupe
Legerlite, Inc. are some of the leading companies in the global
geofoams market. A few other prominent vendors in this market are:
BASF Corporation, Androp Packaging, INC., Benchmark Foam Inc., Branch
River Plastics, Inc., Cellofoam North America Inc., Beaver Plastics
Ltd, Big Sky Insulations, Inc., Drew Foam Companies Inc., EPS
Industry Alliance, and Foam Distributors Inc.
Major
regions analyzed under this research report are:
- Europe
- North America
- Asia Pacific
- Rest of the World
This
report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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Market Research
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