The Global Soil Stabilization Market size was USD 27.66 Billion in 2021 and is expected to register a revenue CAGR of 4.8% over the forecast period, according to the latest report by Reports and Data. Increasing demand for improved quality and properties of soil stabilization additives is the key factor driving market revenue growth. Performance of soils is improved by chemical additives used in soil stabilization because they increase strength, workability, and durability while reducing the possibility of shrinkage and swelling. In addition, new technologies such as enzymes and silanes are applied, to address problems of swelling and shrinkage, as well as enhance load-bearing capacity and compaction densities of poor soils. A key advantage of using chemical additives for soil stabilization is the capacity to use in-situ/locally available soils and aggregates. This facilitates efficient use of natural resources, since it requires less time and effort to transport high-quality materials from remote regions.
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Increasing demand for chemicals used in soil stabilization techniques to enhance soil characteristics and create a better working surface for construction is another primary factor driving market revenue growth. The workability and load-bearing capability of soils can be enhanced by lime treatments. At construction sites and other locations, quicklime is widely used to dry moist soils, minimizing downtime and improve working surface. Any amount of clay in soil contains silica and alumina and lime raises pH level to make them soluble. Furthermore, when silica and alumina react with calcium from lime and water present in soil, it produces Calcium-Silicate-Hydrates (CSH) and Calcium-Aluminate-Hydrates (CAH).
Some of the Leading Market Players Are Listed Below:
· Caterpillar,
· AB Volvo,
· Wirtgen America, Inc.,
· Carmeuse,
· Global Road Technology International Holdings (HK) Limited,
· Soilworks, LCC,
· Graymont Limited,
· SNF Group,
· Aggrebing, Inc.,
· Altacrete
Global Soil Stabilization Market Segmentation:
By Method Outlook
- Mechanical Method
- Chemical Method
By Additives Outlook
- Polymers
- Mineral & Stabilizing Agents
- Other Additives
By Application Outlook
- Industrial
- Non-Agricultural
- Agricultural
Market Overview:
Exponential rise in population, urbanization trends and associated demand for food is likely to drive agriculture market outlook. With increasing disposable income of the populace, demand for high-quality food products is also rising. The governments across the globe are undertaking favorable initiatives to increase their respective agriculture sector output.
According to the WHO and Population Council, nearly 80% of the global population resides in urban cities. The prevailing scarcity of land in urban cities has prompted farmers and growers to adopt new solutions for developing fresh produces. For instance, the vertical farming technique enables consumers to grow crops indoor in layers, in a multi-story building, stacked on racks, or in a warehouse.
The key stakeholders in the farming industry have been focussing on leveraging the prowess of advanced technologies such as big data and IoT. These technologies have proved to be of immense help to obtain precise insights of farming situations which would further aid in better forecasts about agricultural outcomes.
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Competitive Landscape:
The Soil Stabilization market vendors have implemented various types of organic as well as inorganic growth strategies, such as new product launches, product upgradations, partnerships and agreements, business expansions, and mergers and acquisitions, to strengthen their offerings in the market.
The report sheds light on the comprehensive competitive landscape of the global Soil Stabilization market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, and recent developments in both historic and present contexts.
Further, the report segments the Soil Stabilization market on the basis of product types, applications, end-use industries, and technology among others. The report offers insights into key factors influencing the revenue growth of the segment and provides information about lucrative investment opportunities to stakeholders, investors, and clients.
Regional Analysis covers:
· North America
o U.S.
o Canada
o Mexico
· Europe
o Germany
o Italy
o U.K.
o Rest of EU
· Asia Pacific
o India
o China
o Japan
o South Korea
o Rest of APAC
· Latin America
o Brazil
o Argentina
o Rest of Latin America
· Middle East & Africa
o Saudi Arabia
o South Africa
o U.A.E
o Rest of MEA
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