SAN FRANCISCO, June 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Geofoams - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What's New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year
Edition: 6; Released: January 2022
Executive Pool: 367
Companies: 46 - Players covered include ACH Foam Technologies LLC; Amvic Building Systems; Carlisle Construction Materials LLC; Expol Ltd.; Gorantla Geosynthetics Pvt. Ltd.; Groupe Legerlite, Inc.; Insulation Corporation of America; Mansonville Plastics (BC) Ltd.; Pacific Allied Products Ltd.; Poly Molding LLC.; Thermafoam LLC. and Others.
Coverage: All major geographies and key segments
Segments: Application (Roadways, Building & Construction); Type (Expanded Polystyrene (EPS), Extruded Polystyrene (XPS))
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry
Global Geofoams Market to Reach $732.5 Million by 2026
Amid the COVID-19 crisis, the global market for Geofoams estimated at US$501.8 Million, is projected to reach a revised size of US$732.5 Million by 2026, growing at a CAGR of 6.3% over the analysis period. Expanded Polystyrene (EPS), one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$463.4 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Extruded Polystyrene (XPS) segment is readjusted to a revised 6.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $145.6 Million in 2021, While China is Forecast to Reach $152.4 Million by 2026
The Geofoams market in the U.S. is estimated at US$145.6 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$152.4 Million by the year 2026 trailing a CAGR of 9.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4% CAGR. More
Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include - enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.
About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
Join Our Expert Panel
Connect With Us on LinkedIn
Follow Us on Twitter
Journalists & Media
View original content to download multimedia:https://www.prnewswire.com/news-releases/with-market-size-valued-at-732-5-million-by-2026--its-a-healthy-outlook-for-the-global-geofoams-market-301571681.html
SOURCE Global Industry Analysts, Inc.