Overview:
Soil stabilization is a term referring to the process of converting natural soil to build highways, roads, etc. Methods employed to change the soil can be physical, chemical, or biological, through which the texture, tensile strength, waste-bearing capacity, etc., of the soil, are improved. This ensures the strengthening of the road surface. A couple of renewable technologies involved in soil stabilization are polymers, calcium chloride, sodium chloride, ionic stabilizers, and tree resins, among others.
The global soil stabilization market is estimated to grow in the coming years, mainly due to rapid urbanization and increasing modernization, which improve the quality of soil stabilizing agents. Other factors contributing to such growth are rising innovation in machines and additives, which attract manufacturers to seize the existing opportunity. Apart from this, soil stabilization usage is witnessed in multiple applications such as railroads, airfields, reservoirs, dams, canals, etc., thus increasing the usage probability of soil stabilizers. With increasing development in infrastructure across the globe, the soil stabilization market is forecasted to the spike in the upcoming years.
By this method, the global soil stabilization market is segmented into two types: mechanical and chemical, with the mechanical type accounting for the largest share of the market in 2017. It mainly focuses on improving the strength of the soil through physical measures, namely through rollers, compactors, pavers, etc. This method involves the complete mixing and blending of different types of soil to obtain the optimal material quality that is required to construct roads. Furthermore, the global stabilization market is divided into three segments based on application: industrial, non-agriculture, and agriculture. Among these, industrial segments, which include commercial buildings, landfills, roads, and cemeteries, held the highest market share in 2017. In order to construct roads and landfills, soil stabilization is an important part, which is forecast to witness high demand, mainly in the developing economies of Asia and the Pacific. The additives segment is further divided into polymers, minerals, stabilizing agents, and other additives. Mineral and stabilizing agents, also represented as binding agents, involve Portland cement, ash, lime, and others. These stabilizing agents help to increase compressibility, durability, and strength in weak soil, and they accounted for the lion’s share of the market in 2017.
By geography, the global soil stabilization market is bifurcated into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. In 2017, Asia-Pacific held the largest market share in terms of value. Awareness of soil management activities, rapid urbanization, and manufacturers’ keenness to invest in the soil stabilizing market are some of the drivers in this region. In addition, the frequent modernization of different stabilizing agents coupled with stabilizing machines by Asia-Pacific manufacturers is driving the soil stabilizing market in the region. Demand for soil stabilizers has also increased due to the high demand for infrastructure development among non-agricultural and industrial segments. Apart from this, Latin America is forecast to show the fastest CAGR growth. The major countries contributing to such growth are Brazil and Argentina. High demand for infrastructure development coupled with the development of agricultural sectors is estimated to drive the soil stabilization market in this region.
The global market for soil stabilization is segmented as below:
By Method
- Mechanical Method
- Chemical Method
By Application
- Industrial
- Non-agriculture
- Agriculture
By Additive
- Polymers
- Mineral and stabilizing agents
- Other additives (agricultural wastes, sludge, and salts, among others)
By Geography
Europe
Asia Pacific
- Japan
- China
- India
- Australia
Latin America
- Brazil
- Mexico
- Rest of Latin America
MEA (Middle East and Africa)
Key players across the global soil stabilization market value chain are:
Caterpillar (US), AB Volvo (Sweden), Witgen Group (Germany), Carmeuse (US), Fayat (France), Soilworks (US), SNF Holding (US), Aggrebind (US), Graymont (Canada), Global Road Technology (Australia), IRRIDAN USA (US), Altacrete (US), among others.
This report offers the following:
- Assessment of global soil stabilization market trends for the period 2016–2026
- Historical (past) information for 2016 and 2017 and projections with CAGRs from 2018 to 2026, considering 2017 as the base year for the market.
- Market drivers, restraints, future prospects, and competitive analysis (market positioning) of key market players
- Overview of the global soil stabilization market value chain
- Company profile with major information about the key players operating in the global soil stabilization market
- Estimation of the market size in terms of value and volume
