Soil Stabilization Market Overview
The process of changing the physical properties of soil through several additives is referred to as soil stabilization. Soil stabilization finds wide application in improving compressibility, strength, durability, collectively with resistance to softening by water. The simplest ways of soil stabilization are drainage and compaction. Soil stabilization is mostly practiced with cementitious materials such as lime, cement, bitumen, fly ash or combination of these. Owing to its potential hydraulic and pozzolanic characteristics, there is an increasing potential of using fly ash in soil stabilization process.
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The process is primarily used in the construction and building sector, where property of soil matters the most. Road construction projects need standard physical properties of soil to withstand the strains and stresses. Moreover, soil stabilization is also applied in the agricultural sector to enhance water-holding capacity of the land and soil structure. The increasing growth of the construction and building sector is likely to propel the soil stabilization market. Expanding population and rapid industrialization have led to remarkable infrastructure development, with an emphasis on quality and durability of soil. This is projected to stimulate market growth over the forecast period.
Additionally, there is a substantial demand for soil stabilization in the agricultural sector to improve texture and productivity of cultivable land. Soil stabilization controls soil erosion that takes place owing to water or wind. The prosperity of the agrarian sector in turn, can be attributed to the escalating demand for organic crops and increasing disposable income of the farmers. However, the ecological influence of chemical stabilization and soaring prices of mechanical equipment are anticipated to hinder the global soil stabilization market growth.
Market Segmentation
The global soil stabilization market has been segmented based on application, technique, and stabilizer.
Based on application, the global soil stabilization market has been segmented into agricultural, non-agricultural, and industrial.
Based on technique, the global soil stabilization market has been segmented into chemical, thermal, and mechanical.
Based on stabilizer, the global soil stabilization market has been segmented into bitumen, lime, polymers, fly ash, molasses, sodium silicate, and others.
Regional Analysis
Globally, soil stabilization market has been segmented into North America, Asia-Pacific, Latin America, Europe, and the Middle East & Africa. Asia-Pacific held the largest share of worldwide soil stabilization market in 2017. The growth is largely owing to the urbanization and rapid industrialization in dominant economies such as India and China. Additionally, increasing disposable income of farmers coupled with awareness about soil management techniques are likely to propel growth in the APAC market. Also, various upcoming road, hydraulic, and infrastructure construction projects in China and India is likely to drive the growth in the market. Besides, the rate of plastic consumption has increased remarkably in this region. The government is striving to recycle and convert the plastic waste through several waste management tactics. Plastic waste has found wide application in the ground improvement and soil stabilization techniques since it has reinforcing properties. Thus, increased usage of plastic in the APAC is anticipated to affect the global soil stabilization market positively.
Europe and North America are the other significant markets for soil stabilization. The development of construction and building industry along with increasing urbanization across the region are likely to boost the soil stabilization market. In Russia, surging food production industry collectively with the rapidly developing real estate sector is likely to create lucrative opportunities for the soil stabilization market. Markets in Latin America and the Middle East & Africa are projected to witness significant growth over the forecast period.
Key Players
The global soil stabilization market has been dominated by key players such as Soilworks, Aggrebind, (US), SNF Holding Company (US), LLC (US), WIRTGEN GmbH (Germany), Graymont Limited (Canada), IRRIDAN USA (US), CARMEUSE (Belgium), Earthlok (US), AB Volvo (Sweden), Caterpillar Inc. (US), and Global Road Technology International Limited (Australia).
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Soil Stabilization Market
6 Market Trends
7. Soil Stabilization Market, By Technique
8. Soil Stabilization Market, By Application
9. Soil Stabilization Market, By Stabilizer
10. Soil Stabilization Market, By Region
11. Company Landscape
12. Company Profiles
13. Conclusion
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LIST OF TABLES
Table 1 Global Soil Stabilization Market, By Region, 2016–2023
Table 2 North America: Soil Stabilization Market, By Country, 2016–2023
Table 3 Europe: Soil Stabilization Market, By Country, 2016–2023
Table 4 Asia-Pacific: Soil Stabilization Market, By Country, 2016–2023
Table 5 Middle East & Africa: Soil Stabilization Market, By Country, 2016–2023
Table 6 Latin America: Soil Stabilization Market, By Country, 2016–2023
Table 7 Global Soil Stabilization Technique Market, By Region, 2016–2023
Table 8 North America: Soil Stabilization Technique Market, By Country, 2016–2023
Table 9 Europe: Soil Stabilization Technique Market, By Country, 2016–2023
Table 10 Asia-Pacific: Soil Stabilization Technique Market, By Country, 2016–2023
Table 11 Middle East & Africa: Soil Stabilization Technique Market, By Country, 2016–2023
Table 12 Latin America: Soil Stabilization Technique Market, By Country, 2016–2023
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