Pune, India, Oct 2021, MRFR Press Release/Market Research Future has published a Half- Cooked Research Report on the Global Geofoam Market.
Geofoam Market Forecast
The global concrete repair mortars market is expected to reach a value of USD 1,156 million by 2028, with a CAGR of around 6.3%.
Geofoam is a product manufactured by expanding polymeric polystyrene into a "foam" made up of many closed yet gas-filled cells.
Geofoam is a multi-purpose building material that may be used in a variety of ways owing to its unique physical qualities, flexibility, and high value, it is a preferred material for constructing various structures, foundations, and buildings. It has a wide range of uses, including highways, landscaping, and thermal insulation, as well as stadiums and movie theatres.
The Building Materials Regulation establishes uniform marketing regulations for building items in the European Union. The Regulation establishes an uniform technical vocabulary for evaluating construction product performance. It guarantees that experts, government officials, and customers have trustworthy data to compare the performance of products from different manufacturers in different nations.
ASTM International specifies the minimum characteristics of EPS geofoam. The appropriate ASTM specification for EPS geofoam is ASTM D6817 Standard Specification for Rigid Cellular Polystyrene Geofoam. Two further ASTM standards are D7180 Standard Guide for the Use of EPS Geofoam in Geotechnical Projects and D7557 Standard Practice for Sampling of EPS Geofoam Specimens.
Access full report @ https://www.marketresearchfuture.com/reports/geofoam-market-10754
Impact of Coronavirus Outbreak
Operations at industrial factories and construction sites came to a standstill due to global lockdowns to prevent the spread of the virus, resulting in a drastic decline in cement production and consumption. Even in countries where construction was not on the list of banned economic activities during the lockdown, the economic slump and low consumer confidence led to a reduction in cement demand in the first quarter of 2020. According to a CK Birla Group analysis, building output in North America fell down by 6.6% in 2020, resulting in a loss of USD 122.4 billion in projects.
By End Use
Some of the key companies profiled in the global geofoam market include Carlisle (US), Amvic Building Systems (Canada), Atlas Roofing Corporation (US), Insulation Company of America (US), Foam Products Corporation (US), Jablite (UK), ThermaFoam, LLC (US), Expol (New Zealand), Pacific Allied Products, Ltd. (US), Airfoam (Canada), Harbor Foam (US), Groupe Legerlite Inc. (Canada), Drew Foam (US), Plasti-Fab Ltd. (Canada), Benchmark Foam Inc. (US), Mega Packaging Corporation (Philippines), StarRFoam (US), Poly Molding LLC (US), Beaver Plastics Ltd. (Canada), Foamex (Australia), Universal Foam Products (US), Polyfoam XPS (UK), Galaxy Polystyrene LLC (UAE), Styro Insulations Mat. Ind. LCC. (UAE), and Technopol SA (South Africa).
Atlas Roofing Corporation is a customer-focused, creative manufacturer of residential and commercial roofing products. Atlas has expanded from a single shingle manufacturing factory to a North American industry leader with 24 locations. The Environmental Protection Agency has recognised Atlas for its efforts to reduce greenhouse gas emissions, industry trade organisations have recognised Atlas for its efforts in safety across its many facilities, and several national building materials supply chains have recognised Atlas for its growth and partnerships that have led to banner growth.