Product Code: 4413
Global Geofoam Market is primed to depict decent growth through 2032 owing to the expanding construction & renovation sector. In addition, increasing government focus on improving existing infrastructure, along with changing lifestyle of people, are likely to propel the market growth over 2023-2032.
The COVID-19 pandemic had an obstructive impact on the demand for geofoam across varied applications. The shortage of labor, strict social norms, and disruptions in the supply chain hampered business flow. However, ongoing efforts to improve infrastructural development are boosting product penetration in buildings and institutions.
Moreover, the major players in the industry have been focusing on strategic mergers and acquisitions to broaden their customer reach. For instance, in November 2021, DuPont de Nemours completed the acquisition of Rogers Corporation. Rogers is a developer, manufacturer, and distributor of specialty materials and components.
The geofoam market has been bifurcated in terms of product, application, end-user, and region.
Based on product, the market has been divided into EPS geofoam and XPS geofoam. Geofoam industry from the XPS geofoam segment is estimated to amass substantial gains by end of 2032. This can be credited to the product's excellent insulation quality and the ability to freeze-thaw cycles for highways and airport runway applications.
With respect to end-user, the industry has been classified into road & railways, building & construction, and others. The others end-user segment which includes underground utilities, artificial landscapes, and more, is speculated to grow at over 6.5% CAGR and reach approximately USD 70 million by 2032 due to geofoam's cost-effective and durable benefits in the construction of such facilities.
On the basis of application, the geofoam market has been classified into insulation, void fill, embankments, retaining structures, slope stabilization, and others. The slope stabilization segment is projected to clock over USD 100 million in revenue by 2032 as it does not affect the geometry of the structure ideal for slope stabilization.
On the other hand, the retaining structures segment is set to expand at more than 6% CAGR between 2023 and 2032. Geofoam is utilized in retaining & buried structures as a backfill to eliminate lateral pressures on a structure or wall.
In the regional context, the Latin America geofoam market is poised to grow at over 7% CAGR over the next 10 years. The rapid growth of Mexico and Brazil as the largest economies in LATAM with high investments in transportation infrastructure is fueling the regional growth.
Meanwhile, the Middle East & Africa geofoam segment is foreseen to cross a valuation of USD 21 million by end of 2032 attributed to the rising prominence of the building & construction industry in the region.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Scope & Market definitions
- 1.2 Methodology & forecast parameters
- 1.3 COVID-19 impact calculations on the industry forecast
- 1.4 Regional trends
- 1.5 Data sources
- 1.5.1 Primary
- 1.5.2 Secondary
- 1.6 Industry Glossary
Chapter 2 Executive Summary
- 2.1 Geofoam market 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.3 Application trends
- 2.1.4 End-user trends
- 2.1.5 Regional trends
Chapter 3 Geofoam Market Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry size and forecast, 2018 - 2032
- 3.2.1 Impact of COVID-19 pandemic
- 3.3 Industry ecosystem analysis
- 3.3.1 Profit margin analysis
- 3.3.2 Value addition at each stage
- 3.3.3 Raw material analysis
- 3.3.4 Distribution channel analysis
- 3.3.5 Value chain disruption analysis (COVID-19 impact)
- 3.3.6 Vendor matrix
- 3.3.6.1 List of raw material providers
- 3.3.6.2 List of key manufacturers/distributors
- 3.4 Innovation & sustainability
- 3.4.1 Patent analysis
- 3.4.2 Production Process
- 3.4.3 Future trends
- 3.5 Industry impact forces
- 3.5.1 Growth drivers
- 3.5.1.1 Increasing infrastructure expenditure in Asia Pacific and Latin America
- 3.5.1.2 Strongly growing construction & renovation industry
- 3.5.1.3 Reviving the European building & construction sector
- 3.5.1.4 Government initiatives
- 3.5.2 Industry pitfalls and challenges
- 3.5.2.1 Susceptibility to petroleum solvent and fire
- 3.5.2.2 Geofoam's buoyancy problem and susceptibility to insect damage
- 3.5.2.3 Geofoam high prices would be at disadvantages in price-sensitive markets
- 3.6 Regulatory landscape
- 3.6.1 U.S.
- 3.6.2 Europe
- 3.6.3 China
- 3.7 Growth potential analysis
- 3.8 Regional price trends
- 3.8.1 Cost structure analysis
- 3.8.1.1 R&D cost
- 3.8.1.2 Manufacturing & equipment cost
- 3.8.1.3 Raw material cost
- 3.8.1.4 Distribution cost
- 3.8.1.5 Operating cost
- 3.8.1.6 Miscellaneous cost
- 3.8.2 Covid-19 impact on pricing
- 3.8.3 Price by product
- 3.8.4 Price by application
- 3.8.5 Price by end-user
- 3.9 Porter's analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of new entrants
- 3.9.4 Threat of substitutes
- 3.9.5 Industry rivalry
- 3.10 PESTLE analysis
- 3.11 Covid-19 impact on end use industry
- 3.11.1 Road & Railways
- 3.11.2 Building & Construction
- 3.11.3 Others
Chapter 4 Competitive Landscape, 2021
- 4.1 Introduction
- 4.2 Company market share analysis, by region 2022
- 4.2.1 North America geofoam market share analysis 2022
- 4.2.2 Europe geofoam market share analysis 2022
- 4.2.3 Asia Pacific geofoam market share analysis 2022
- 4.2.4 Latin America geofoam market share analysis 2022
- 4.2.5 MEA geofoam market share analysis 2022
- 4.3 Vendor adoption matrix, 2022
- 4.4 Top player overview
- 4.5 Strategy Dashboard
Chapter 5 Geofoam Market, By Product
- 5.1 Global geofoam market by product
- 5.2 Expandable polystyrene geofoam (EPS)
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.2.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3 Extruded polystyrene geofoam (XPS)
- 5.3.1 Market estimates and forecast, 2018 - 2032
- 5.3.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 6 Geofoam Market, By Material by Application
- 6.1 Geofoam market, material by application, 2022 & 2032
- 6.2 Void Filling
- 6.2.1 Market estimates and forecast, 2018 - 2032
- 6.2.2 Market estimates and forecast by region, 2018 - 2032
- 6.3 Slope Stabilization
- 6.3.1 Market estimates and forecast, 2018 - 2032
- 6.3.2 Market estimates and forecast by region, 2018 - 2032
- 6.4 Embankments
- 6.4.1 Market estimates and forecast, 2018 - 2032
- 6.4.2 Market estimates and forecast by region, 2018 - 2032
- 6.5 Retaining Structures
- 6.5.1 Market estimates and forecast, 2018 - 2032
- 6.5.2 Market estimates and forecast by region, 2018 - 2032
- 6.6 Insulation
- 6.6.1 Market estimates and forecast, 2018 - 2032
- 6.6.2 Market estimates and forecast by region, 2018 - 2032
- 6.7 Others
- 6.7.1 Market estimates and forecast, 2018 - 2032
- 6.7.2 Market estimates and forecast by region, 2018 - 2032
Chapter 7 Geofoam Market, By End-User
- 7.1 Geofoam market, by end-User, 2022 & 2032
- 7.2 Road & Railways
- 7.2.1 Market estimates and forecast, 2018 - 2032
- 7.2.2 Market estimates and forecast by region, 2018 - 2032
- 7.3 Building & Construction
- 7.3.1 Market estimates and forecast, 2018 - 2032
- 7.3.2 Market estimates and forecast by region, 2018 - 2032
- 7.4 Others
- 7.4.1 Market estimates and forecast, 2018 - 2032
- 7.4.2 Market estimates and forecast by region, 2018 - 2032
Chapter 8 Geofoam Market, By Region
- 8.1 Geofoam market, by region, 2022 & 2032
- 8.2 North America
- 8.2.1 North America geofoam market estimates and forecast, 2018-2028
- 8.2.2 North America geofoam market estimates and forecast, by product, 2018 - 2032
- 8.2.3 North America geofoam market estimates and forecast, by application, 2018 - 2032
- 8.2.4 North America geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.2.5 U.S.
- 8.2.5.1 U.S. Geofoam Market estimates and forecast, 2018-2028
- 8.2.5.2 U.S. geofoam market estimates and forecast, by product, 2018 - 2032
- 8.2.5.3 U.S. geofoam market estimates and forecast, by application, 2018-2032
- 8.2.5.4 U.S. geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.2.6 Canada
- 8.2.6.1 Canada Geofoam Market estimates and forecast, 2018-2028
- 8.2.6.2 Canada geofoam market estimates and forecast, by product, 2018 - 2032
- 8.2.6.3 Canada geofoam market estimates and forecast, by application, 2018 - 2032
- 8.2.6.4 Canada geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.3 Europe
- 8.3.1 Europe geofoam market estimates and forecast, 2018-2028
- 8.3.2 Europe geofoam market estimates and forecast, by product, 2018 - 2032
- 8.3.3 Europe geofoam market estimates and forecast, by application, 2018 - 2032
- 8.3.4 Europe geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.3.5 Germany
- 8.3.5.1 Germany Geofoam Market estimates and forecast, 2018-2028
- 8.3.5.2 Germany geofoam market estimates and forecast, by product, 2018 - 2032
- 8.3.5.3 Germany geofoam market estimates and forecast, by application, 2018 - 2032
- 8.3.5.4 Germany geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.3.6 UK
- 8.3.6.1 UK Geofoam Market estimates and forecast, 2018-2028
- 8.3.6.2 UK geofoam market estimates and forecast, by product, 2018 - 2032
- 8.3.6.3 UK geofoam market estimates and forecast, by application, 2018 - 2032
- 8.3.6.4 UK geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.3.7 France
- 8.3.7.1 France Geofoam Market estimates and forecast, 2018-2028
- 8.3.7.2 France geofoam market estimates and forecast, by product, 2018 - 2032
- 8.3.7.3 France geofoam market estimates and forecast, by application, 2018 - 2032
- 8.3.7.4 France geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.3.8 Spain
- 8.3.8.1 Spain Geofoam Market estimates and forecast, 2018-2028
- 8.3.8.2 Spain geofoam market estimates and forecast, by product, 2018 - 2032
- 8.3.8.3 Spain geofoam market estimates and forecast, by application, 2018 - 2032
- 8.3.8.4 Spain geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.3.9 Italy
- 8.3.9.1 Italy Geofoam Market estimates and forecast, 2018-2028
- 8.3.9.2 Italy geofoam market estimates and forecast, by product, 2018 - 2032
- 8.3.9.3 Italy geofoam market estimates and forecast, by application, 2018 - 2032
- 8.3.9.4 Italy geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.3.10 Russia
- 8.3.10.1 Russia Geofoam Market estimates and forecast, 2018-2028
- 8.3.10.2 Russia geofoam market estimates and forecast, by product, 2018 - 2032
- 8.3.10.3 Russia geofoam market estimates and forecast, by application, 2018 - 2032
- 8.3.10.4 Russia geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific geofoam market estimates and forecast, 2018-2028
- 8.4.2 Asia Pacific geofoam market estimates and forecast, by product, 2018 - 2032
- 8.4.3 Asia Pacific geofoam market estimates and forecast, by application, 2018 - 2032
- 8.4.4 Asia Pacific geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.4.5 China
- 8.4.5.1 China Geofoam Market estimates and forecast, 2018-2028
- 8.4.5.2 China geofoam market estimates and forecast, by product, 2018 - 2032
- 8.4.5.3 China geofoam market estimates and forecast, by application, 2018 - 2032
- 8.4.5.4 China geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.4.6 India
- 8.4.6.1 India Geofoam Market estimates and forecast, 2018-2028
- 8.4.6.2 India geofoam market estimates and forecast, by product, 2018 - 2032
- 8.4.6.3 India geofoam market estimates and forecast, by application, 2018 - 2032
- 8.4.6.4 India geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.4.7 Japan
- 8.4.7.1 Japan Geofoam Market estimates and forecast, 2018-2028
- 8.4.7.2 Japan geofoam market estimates and forecast, by product, 2018 - 2032
- 8.4.7.3 Japan geofoam market estimates and forecast, by application, 2018 - 2032
- 8.4.7.4 Japan geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.4.8 Australia
- 8.4.8.1 Australia Geofoam Market estimates and forecast, 2018-2028
- 8.4.8.2 Australia geofoam market estimates and forecast, by product, 2018 - 2032
- 8.4.8.3 Australia geofoam market estimates and forecast, by application, 2018 - 2032
- 8.4.8.4 Australia geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.4.9 Malaysia
- 8.4.9.1 Malaysia geofoam Market estimates and forecast, 2018-2028
- 8.4.9.2 Malaysia geofoam market estimates and forecast, by product, 2018 - 2032
- 8.4.9.3 Malaysia geofoam market estimates and forecast, by application, 2018 - 2032
- 8.4.9.4 Malaysia geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.4.10 South Korea
- 8.4.10.1 South Korea Geofoam Market estimates and forecast, 2018-2028
- 8.4.10.2 South Korea geofoam market estimates and forecast, by product, 2018 - 2032
- 8.4.10.3 South Korea geofoam market estimates and forecast, by application, 2018 - 2032
- 8.4.10.4 South Korea geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.5 Latin America
- 8.5.1 Latin America geofoam market estimates and forecast, 2018-2028
- 8.5.2 Latin America geofoam market estimates and forecast, by product, 2018 - 2032
- 8.5.3 Latin America geofoam market estimates and forecast, by application, 2018 - 2032
- 8.5.4 Latin America geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.5.5 Brazil
- 8.5.5.1 Brazil Geofoam Market estimates and forecast, 2018-2028
- 8.5.5.2 Brazil geofoam market estimates and forecast, by product, 2018 - 2032
- 8.5.5.3 Brazil geofoam market estimates and forecast, by application, 2018 - 2032
- 8.5.5.4 Brazil geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.5.6 Mexico
- 8.5.6.1 Mexico Geofoam Market estimates and forecast, 2018-2028
- 8.5.6.2 Mexico geofoam market estimates and forecast, by product, 2018 - 2032
- 8.5.6.3 Mexico geofoam market estimates and forecast, by application, 2018 - 2032
- 8.5.6.4 Mexico geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.5.7 Argentina
- 8.5.7.1 Argentina Geofoam Market estimates and forecast, 2018-2028
- 8.5.7.2 Argentina geofoam market estimates and forecast, by product, 2018 - 2032
- 8.5.7.3 Argentina geofoam market estimates and forecast, by application, 2018 - 2032
- 8.5.7.4 Argentina geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.6 Middle East & Africa
- 8.6.1 Middle East & Africa geofoam market estimates and forecast, 2018-2032
- 8.6.2 Middle East & Africa geofoam market estimates and forecast, by product, 2018 - 2032
- 8.6.3 Middle East & Africa geofoam market estimates and forecast, by application, 2018 - 2032
- 8.6.4 Middle East & Africa geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.6.5 South Africa
- 8.6.5.1 South Africa Geofoam Market estimates and forecast, 2018-2032
- 8.6.5.2 South Africa geofoam market estimates and forecast, by product, 2018 - 2032
- 8.6.5.3 South Africa geofoam market estimates and forecast, by application, 2018 - 2032
- 8.6.5.4 South Africa geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.6.6 Saudi Arabia
- 8.6.6.1 Saudi Arabia Geofoam Market estimates and forecast, 2018-2028
- 8.6.6.2 Saudi Arabia geofoam market estimates and forecast, by product, 2018 - 2032
- 8.6.6.3 Saudi Arabia geofoam market estimates and forecast, by application, 2018 - 2032
- 8.6.6.4 Saudi Arabia geofoam market estimates and forecast, by end-user, 2018 - 2032
- 8.6.7 UAE
- 8.6.7.1 UAE Geofoam Market estimates and forecast, 2018-2028
- 8.6.7.2 UAE geofoam market estimates and forecast, by product, 2018 - 2032
- 8.6.7.3 UAE geofoam market estimates and forecast, by application, 2018 - 2032
- 8.6.7.4 UAE geofoam market estimates and forecast, by end-user, 2018 - 2032
Chapter 9 Company Profiles
- 9.1 Atlas Roofing Corporation
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
- 9.2 Carlisle Construction Materials, LLC
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
- 9.3 Cellofoam North America, Inc.
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
- 9.4 Jebsen & Jessen Packaging
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT Analysis
- 9.5 Poliestireno Alfa-Gamma S.A.
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
- 9.6 Drew Foam Companies, Inc..
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
- 9.7 DuPont de Nemours.
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
- 9.8 Amvic, Inc.
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT Analysis
- 9.9 Airfoam Industries Ltd.
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
- 9.10 National Polystyrene Packaging Factory L.L.C
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
- 9.11 Beaver Plastics Ltd.
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis
- 9.12 Pacific Allied Products Ltd.
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Strategic Outlook
- 9.12.5 SWOT Analysis
- 9.13 Unipod Pty Ltd.
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Strategic Outlook
- 9.13.5 SWOT Analysis
- 9.14 ThermaFoam, LLC
- 9.14.1 Business Overview
- 9.14.2 Financial Data
- 9.14.3 Product Landscape
- 9.14.4 Strategic Outlook
- 9.14.5 SWOT Analysis
- 9.15 Benchmark Foam, Inc.
- 9.15.1 Business Overview
- 9.15.2 Financial Data
- 9.15.3 Product Landscape
- 9.15.4 Strategic Outlook
- 9.15.5 SWOT Analysis
- 9.16 PFB Manufacturing, LLC.
- 9.16.1 Business Overview
- 9.16.2 Financial Data
- 9.16.3 Product Landscape
- 9.16.4 Strategic Outlook
- 9.16.5 SWOT Analysis
- 9.17 E-Pack Polymers Private Limited
- 9.17.1 Business Overview
- 9.17.2 Financial Data
- 9.17.3 Product Landscape
- 9.17.4 Strategic Outlook
- 9.17.5 SWOT Analysis
- 9.18 Branch River Plastics, Inc.
- 9.18.1 Business Overview
- 9.18.2 Financial Data
- 9.18.3 Product Landscape
- 9.18.4 Strategic Outlook
- 9.18.5 SWOT Analysis