Title: Geofoams Market - Forecast(2021 - 2026)
1Geofoams MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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- Geofoams Market is forecast to reach 1,141.69
million by 2025, after growing at a CAGR of
6.8 during 2020-2025. - The geofoams are used as substitute filler
materials for a number of building projects.
Moreover, these geofoams also find application as
compensating foundations. Innovations in the
field of geofoams for the production of low-cost
and reliable geofoam products as well as the
maintenance of existing infrastructure in
developing countries are expected to increase and
diversify the demand for geofoams.
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- Key Takeaways
- Asia-Pacific dominates the Geofoams market owing
to increased demand for road connectivity, road
expansion, ongoing construction activities due to
a growing number of manufacturing firms in the
area is projected to benefit demand for geofoams. - In addition, increasing government measures to
develop the infrastructure of the region are
likely to fuel demand for geofoams. - Moreover, the ongoing MA activities among
suppliers would further cater to the growth in
Global Geofoams Market. -
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By Distribution Channel- Segment Analysis These
geofoams are highly lightweight and can withstand
harsh environments. The two main properties that
make EPS geofoam so attractive in design and
construction are its low density for stress and
deformation-related construction problems and its
thermal insulation properties that help to fight
frost-related problems. EPS geofoam can be
generated with higher densities in order to
obtain higher R-values desired for insulation
purposes, as well as to achieve lower
deformation.
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- Geofoams Market Industry Outlook
- ACH Foam Technologies, LLC,
- Carlisle Construction Materials,
- Expol Ltd.,
- Geofoam International LLC,
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Geofoams Market - Forecast(2021 - 2026) Learn
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Contact (1) 970-236-3677
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