Global Geofoams Market-Segmented by Type, Application, and Geography-Trends and Forecasts (2017-2022)

Summary

Global Geofoams Market-Segmented by Type, Application, and Geography-Trends and Forecasts (2017-2022). Geofoam is vulnerable to damage when exposed to certain petroleum solvents which has to be taken care during construction. If needed, the geofoam can be blanketed with hydrocarbon-resistant geomembranes for protection.

Description

The global Geofoams market is valued at xx USD million in 2015 and is expected to grow at a CAGR of 10% during the forecast period.

Geofoams are used to provide a lightweight void fill below a highway, bridge or parking lot. Geofoams are also used in much broader applications, including lightweight fill for construction on soft ground, slope stabilization compressible inclusions, thermal insulation and drainage.

The Geofoams market in the North American region is growing fast due to the evolving environmental regulations. The Asia-Pacific region is also expected to generate huge demand for geofoams in the coming years as developing countries in the region are planning to undertake large scale infrastructure projects and other development projects which is expected to be a key driver for geofoams in this region.

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The major global players are ACH Foam Technologies, Atlas EPS, AFM Corporation, Plastifab, VersaTech, Novachemicals, Beaver Plastics, DrewFoam Companies, FMI-EPS and Insulation Corporation of America.

DRIVERS

One of the key drivers for the geofoam industry is the low density of geofoams which is approximately 1 to 2 percent of the weight of soil. The typical densities for EPS fill are approximately 0.7 and 2.85 pounds per cubic foot which helps in maintaining a predictable compressive strength that is suitable for many structural applications.

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CHALLENGES

Geofoam is vulnerable to damage when exposed to certain petroleum solvents which has to be taken care during construction. If needed, the geofoam can be blanketed with hydrocarbon-resistant geomembranes for protection.

WHAT THE REPORT OFFERS

The report elucidates the situation of Geofoams around the world and studies its markets by applications which include Road construction, Bridge Abutment, Rail embarkment, Landscaping, Slope Stabilization, Airport Runway, Pavement Insulation, Utility protection and Special applications.

Lastly, the report is divided by geography – North America, Europe, the Asia-Pacific (APAC), South America and Middle-East & Africa (MEA); where-in the market share of each region is analyzed and estimates are provided for the next 5 years. The market share analysis of various types of Geofoams and by end user industry of Geofoams have been discussed in detail in addition to a comprehensive overview of the market.

No. of Report Pages:  180

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