Global Soil Stabilization Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Soil Stabilization Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global soil stabilization market report has been segmented on the basis of method, additive, application, and region.

Request Covid - 19 Impact


Global Soil Stabilization Market: Overview

Soil stabilization is a chemical, biological, physical method or combinations of these methods used to alter nature of the soil as per the requirement. This process improves the shear strength of the soil and alters its physical properties. Soil stabilization is used in the construction of airports, roadways, site development projects, etc. It is also used to improve stiffness and bearing capacity. Commonly, chemical and mechanical methods are used for soil stabilization. In the case of mechanical method, it uses methods of mixing, compaction, or substitution. Chemical stabilization uses chloride compounds, fly ash, cement or combinations of materials.

Global Soil Stabilization Market: Dynamics

Growing urbanization is a major factor driving growth of the global soil stabilization market. Increasing infrastructure, due to rising population is another factor fueling growth of the global market. Soil stabilization also provides an environmental advantage as it decreases erosion. It provides a cost-effective solution with minimal environmental footprint. Soil stabilization also saves waste as it does not require new material, as well as saves time. Continuous introduction of soil stabilizers with improved quality is a factor expected to boost growth of the global soil stabilization market in the near future.

However, the high cost of stabilization equipment is a factor that may hamper growth of the global soil stabilization market. The cost factor may especially affect the target market in developing countries. Nevertheless, increasing adoption of soil management and growing infrastructure in emerging economies can create high revenue opportunities for players in the target market.

Global Soil Stabilization Market: Segment Analysis

Among the method segments, the mechanical segment is anticipated to account for major share in terms of revenue in the near future. Among the application segments, the industrial segment dominates the global market in terms of revenue and is expected to register high growth over the forecast period. Increasing construction of railroads, dams, roads is a factor propelling growth of the industrial segment in the global market.

Global Soil Stabilization Market: Regional Analysis

The market in the Asia Pacific expected to account for major share in terms of revenue over the forecast period. Increasing construction activities especially in developing countries is a factor fueling growth of the target market in this region. In addition, rising awareness regarding soil management practices is another factor driving growth of the target market in the Asia Pacific region.

The market in Europe is expected to account for the second-highest share in terms of revenue in the near future, followed by North America. Market in Latin America is anticipated to register fastest growth in terms of revenue over the forecast period, owing to increasing use of soil stabilization in the agricultural sector.  In addition, use of soil stabilization for erosion and dust control are factors expected to boost growth of the global market.

Global Soil Stabilization Market Segmentation:

Segmentation by the Method:

Mechanical
Chemical

Segmentation by Additive:

Mineral and Stabilizing Agents
Polymers
Others (Sludge, Chelates, and Salts, etc.)

Segmentation by Application:

Agricultural
Nonagricultural
Industrial