Hyderabad, India, March 23, 2017 (GLOBE NEWSWIRE) -- The report “ Geofoams Market Analysis: By Types (EPS, XPS); By Application (Building Construction, Landfill, Bridges, Green Roofs, Road Construction, Noise & Vibration Damping, Others); & Geography – Forecast (2016-2021) ” published by IndustryARC, estimates that with preference of more economical and sturdy building materials, the market shall see massive growth in North America and APAC, notably in China and India.
Browse numerous Market Tables and Figures spread through 167 Pages and an in-depth TOC on “ Geofoams Market 2017 – 2022 ” http://industryarc.com/Report/15545/geofoams-market.html
Scope & Regional Forecast of the Geofoams Market:
Geofoam is a geotechnical product used in ground fill applications where lightweight fill material is required to reduce stress on underlying soils or lateral pressures to retaining walls, abutments or foundations. This report explains the geofoam market which is segmented on the basis of type, application and geography. The report mainly focuses on the type of geofoam such as expanded polystyrene (EPS) and extruded polystyrene (XPS). The market is segmented on the basis of application of geofoam like building construction, landfill, bridges, green roofs, road construction, noise & vibration damping and others. The report also focuses on different geographic regions and the key countries in terms of changing trends in geofoam market.
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Traditional earth materials are heavy and can cause settlement, instability or lateral pressures whereas geofoam are lightweight, low cost and have good load bearing properties which eventually acts as driving forces for the market. However, major players involved in this market are mainly concentrating on R&D initiatives and capacity enhancements to cater the needs of the customers. This report gives detailed information about the product value chain right from the beginning till end-use. The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants. The study includes the demand of this particular market on a global and regional scale for a five year period of 2017-2021.
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The overall market is also presented from the perspective of different geographic regions and the key countries in each region. Asia pacific and North America are the key markets for Geofoams. The major share was occupied by APAC due to the major growth in China. This market is estimate to grow further due to increased utilization of Copolyester thermoplastic elastomers in industries like footwear and motor vehicles. China has emerged as a major consumer of Copolyester thermoplastic elastomers, owing to the growth of its domestic automotive industry. On the contrary, Japan’s market for COPE is anticipated to see a decline over the forecast period because of a decelerated automotive production outlook.
Prominent Segmentations Involved in the Geofoams Market:
- Type: Expanded Polystyrene (EPS), Extruded Polystyrene (XPS)
- Application: Building Construction, Landfill, Bridges, Green Roofs, Road Construction, Noise & Vibration Damping and Others.
- Geographic Regions: Americas, Europe, APAC and ROW.
Some of the sample companies profiled in the Geofoams Market report are as follows:
- Amvic Inc.
- Androp Packaging, INC.
- BASF Corporation
- Beaver Plastics Ltd
- Benchmark Foam Inc.
- Big Sky Insulations, Inc.
- Branch River Plastics, Inc.
- Carlisle Companies Incorporated
- Cellofoam North America Inc.
- Drew Foam Companies Inc.
- EPS Industry Alliance
- Expol Ltd.
- Foam Distributors Inc.
Why buy this report?
- Get a detailed picture of the Geofoams Market.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the market’s major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
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