Global Soil Stabilization Market, By Method (Mechanical Method, Chemical Method), Additives (Polymers, Mineral and Stabilizing Agents, Other Additives), Application (Industrial, Non-Agriculture, Agriculture), Material (Cement, Lime, Bitumen, Chemicals, Electro-Osmosis, Grouting, Geotextiles and Fabrics), – Industry Trends and Forecast to 2029
Soil Stabilization Market Analysis and Size
Soils are the fundamental building blocks of any city. No life can be without soil, but we have been neglecting soils for many years. Soils lose productivity over time as a result of increased use, such as farming, rendering them unusable.
Data Bridge Market Research analyses that the soil stabilization market which was value USD 25.99 billion in 2021 is expected to reach the value of USD 39.29 billion by 2029, at a CAGR of 5.30% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.
Soil Stabilization Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Method (Mechanical Method, Chemical Method), Additives (Polymers, Mineral and Stabilizing Agents, Other Additives), Application (Industrial, Non-Agriculture, Agriculture), Material (Cement, Lime, Bitumen, Chemicals, Electro-Osmosis, Grouting, Geotextiles and Fabrics) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Caterpillar (U.S.), AB VOLVO (Sweden), FAYAT (France), WIRTGEN GROUP (Germany), CARMEUSE (U.S.), Global Road Technology (Australia), Soilworks (U.S.), Graymont (Canada), SNF Holding (U.S.), Aggrebind (U.S.), IRRIDAN USA (U.S.), and Altacrete (Canada) |
Opportunities |
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Market Definition
Soil stabilization is a chemical, biological, physical, or mixed process that modifies the soil structure as needed. This process increases the shear strength of the soil and changes its physical properties. In the construction of airports, roadways, site improvement programs, and other applications where soil stabilization is used. It is also used to increase stiffness and bearing capacity. Chemical and mechanical methods are commonly used for soil stabilization.
Soil Stabilization Market Dynamics
Drivers
- Expansion of construction industry and growing need for sustainable development
The global soil stabilization materials market will expand significantly during the forecast period, primarily due to the rapidly expanding construction industry. Additionally, rising demand for sustainable infrastructure and efficient road transportation for effective global and international trade will drive up global demand for soil stabilization materials. The increasing emphasis of governments on infrastructure development and rising real estate investments have increased demand from the construction sector, creating additional demand space for soil stabilization material.
- Growing emphasis on agricultural activities
Soil stabilization methods can help increase and improve yield in agricultural activities. It also controls soil erosion and crop waste by using a proper stabilization method, which aids in the growth of the soil stabilization market. Furthermore, innovations in manufactured soil types, as well as an increase in the number of greenery enclosures and yards, are creating a plethora of new opportunities, which will further accelerate the growth of the soil stabilization market during the forecast period.
Opportunity
This process's alteration properties are used in a variety of agricultural activities, creating more growth opportunities all over the world. During the review period, the expansion of agricultural activities in various nations provides growth opportunities worldwide. Furthermore, extensive research and development in technology for improving soil fertility provides a variety of growth opportunities during the forecasted period.
Restraints
Lack of standardisation, particularly in the use of additives, significantly impedes market growth by causing a variety of environmental and agricultural issues. During the forecast period, global market growth is hampered by a lack of awareness about the availability of this type of process in various regions. Another stumbling block is the high cost of the stabilization process.
This soil stabilization market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the soil stabilization market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Soil Stabilization Market
The global COVID 19 pandemic has affected a large portion of the population. Many people have lost their jobs as a result of the global pandemic. It has had an impact on the dynamics and growth of a number of industries. Everyone is concerned about their immunity and maintains social distance. During the lockdown, various end-user industries' operational activities were halted, resulting in a decrease in demand for the soil stabilization market, which leads to a decrease in sales revenue. The supply chain networks were also disrupted, resulting in a decrease in profit margins. However, by properly strategizing according to market needs, the soil stabilization market is expected to recover from this global pandemic by the end of the third quarter of the coming year.
Recent Development
- Summit Materials, Inc. completed the previously announced acquisition of Boxley Materials Company, a vertically integrated construction materials company founded in 1892 and headquartered near Roanoke, Virginia, in March 2019.
Global Soil Stabilization Market Scope
The soil stabilization market is segmented on the basis of method, additives, application, and material. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Method
- Chemical method
- Mechanical method
Additives
- Polymers
- Synthetic polymers
- Bio polymers
- Mineral and Stabilizing Agents
- Portland cement
- Lime
- Fly ash
- Other mineral and stabilizing agents
- Other Additives
- Agricultural waste
- Sludge
- Chelates and salts
Application
- Industrial
- Roads
- Landfills/contaminated land
- Others
- Non agriculture
- Golf courses/sports grounds
- Residential
- Others
- Agriculture
- Open field application
- Greenhouses
Material
- Cement
- Lime
- Bitumen
- Chemicals
- Calcium chloride
- Sodium chloride
- Sodium silicate
- Electro-Osmosis
- Grouting
- Clay grouting
- Chemical grouting
- Chrome lignin grouting
- Polymer grouting
- Bituminous grouting
- Geotextiles
- Fabrics
Soil Stabilization Market Regional Analysis/Insights
The soil stabilization market is analysed and market size insights and trends are provided by country, method, additives, application, and material as referenced above.
The countries covered in the soil stabilization market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
South America dominates the soil stabilization market due to increased use of soil stabilization in the agricultural sector, for dust control, and erosion control, while Asia-Pacific is expected to grow during the forecast period due to an increase in construction activities and increased awareness about soil management practises.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Soil Stabilization Market Share Analysis
The soil stabilization market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to soil stabilization market.
Some of the major players operating in the soil stabilization market are:
- Caterpillar (U.S.)
- AB VOLVO (Sweden)
- FAYAT (France)
- WIRTGEN GROUP (Germany)
- CARMEUSE (U.S.)
- Global Road Technology (Australia)
- Soilworks (U.S.)
- Graymont (Canada)
- SNF Holding (U.S.)
- Aggrebind (U.S.)
- IRRIDAN USA (U.S.)
- Altacrete (Canada)
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