The increasing infrastructural and construction activities around the globe are driving the demand of the market.
Vancouver, BC -- (SBWIRE) -- 01/25/2021 -- Soil stabilization is the process to maintain or increase the stability of the soil. The treatment is done to improve the engineering properties. The long-term strength gains can be achieved in the overall bearing capacity of the soil and the shear strength. The incorporation of the established soil layer into the structural design of the pavement results in the thin subsequent layers and it increases the overall cost savings. Lime, lime-based products, portland cement, etc., are the major constituents that accomplish soil stabilization. The global soil stabilization market is estimated to reach USD 34.44 billion by 2027, with a CAGR of 4.6% through the forecast period.
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Some of the prominent players in the Soil Stabilization Market include: AB Volvo, Caterpillar Inc., Fayat, SNF Holding Company Inc., Carmeuse, Wirtgen Group, Global Road Technology, Graymont Limited, Aggrebind, and Soilworks, among others.
Market Drivers
In 2019, the market was valued at USD 24.50 billion. The market is driven by various reasons including the growing infrastructural and construction practices throughout the world. In various countries, governments are investing in construction activities to make dams, schools, roadways, hospitals, railways, etc., that can boost the growth of the global soil stabilization market.
Application Outlook (Revenue, USD Billion; 2017-2027)
Agriculture
Industrial
Non-Agriculture
Method Outlook (Revenue, USD Billion; 2017-2027)
Mechanical Method
Chemical Method
Additive Outlook (Revenue, USD Billion; 2017-2027)
Mineral & Stabilizing agents
Polymers
Other additives (chelates & salts. Sludge, agricultural waste)
The need for soil with good bearing capacity and enhanced strength is driving the sales at the global level. In emerging economies, the engineered soil is needed for infrastructural developments. This factor is also expected to boost market growth significantly.
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Regional Outlook
In 2019, the Asia Pacific region held the largest market share. In this region, awareness is growing about soil erosion and its management practices stimulating the growth of this market. Over the forecast period, the Latin American region is expected to be the fastest-growing region.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Soil Stabilization Market Segmentation & Impact Analysis
4.1. Soil Stabilization Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing infrastructural development
4.2.2.2. Rapid urbanization in the emerging economies '
4.2.2.3. Increasing investments of the government in infrastructural activities
4.2.3. Market restraints analysis
4.2.3.1. High cost of stabilized equipment
4.2.3.2. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Soil Stabilization Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Application Dynamics & Market Share, 2019 & 2027
5.1.1. Agriculture
5.1.2. Industrial
5.1.3. Non-Agriculture
Chapter 6. Soil Stabilization Market By Method Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
6.1. Method Dynamics & Market Share, 2019 & 2027
6.1.1. Chemical Method
6.1.2. Mechanical Method
Chapter 7. Soil Stabilization Market By Additive Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
7.1. Additive Dynamics & Market Share, 2019 & 2027
7.1.1. Mineral & Stabilizing agents
7.1.2. Polymers
7.1.3. Other additives (chelates & salts. Sludge, agricultural waste)
Continue…!
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