Global Soil Stabilization Materials Market Size study, by Material Type (Polymers, Minerals & Stabilizing agents, Portland Cements, Lime, Fly-Ash, Others, Others, Agriculture Waste, Sludge & Slag, Salts), by End Use Industries (Industrial, Roads, Runways, Landfills, Non-Agriculture, Sports, Residential, Others, Agriculture) and Regional Forecasts 2022-2028Global Soil Stabilization Materials Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Soil stabilization refers to process by which a soil's physical property is transformed to provide long-term permanent strength. In order to provide structural base for roads, building pads or parking lots soil is chemically treated to control its engineering properties, such as moisture content. Growing construction industry and rising demand for high agricultural yield are key drivers for the growth of Soil Stabilization Materials market. For instance, according to India Brand Equity Forum (IBEF)- as of July 2021, through the National Infrastructure Pipeline (NIP), the government of India has invested USD 1.4 trillion in infrastructure development sector. Also, as per US census Bureau's MONTHLY CONSTRUCTION SPENDING, NOVEMBER 2021 report- Construction spending during November 2021 was estimated at USD 1,625.9 billion, 9.3 percent above the November 2020 estimate of USD 1,487.2 billion. IN recent events, in August 2019 Graymont and Grupo Calidra has acquired the global lime and limestone business of the Belgium-based Sibelco group. Also, with the increasing government investment on infrastructure development, the adoption & demand for Soil Stabilization Materials is likely to increase the market growth during the forecast period. However, negative impact of pandemic restrictions on end use industries impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Soil Stabilization Materials market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to growing infrastructure development sector in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing government spending in infrastructure development in the region would create lucrative growth prospects for the Soil Stabilization Materials market across Asia-Pacific region.
Major market player included in this report are:
Graymont Limited,
Carmuse,
Low & Bonar PLC,
Tensar Corporation,
Boral Limited,
Adelaide Brighton Limited,
Sibelco Australia Ltd.,
Ube Industries, Ltd.,
Lhoist
Thrace Group
.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
Polymers
Minerals & Stabilizing agents
Portland Cements
Lime
Fly-Ash
Agriculture Waste
Sludge & Slag
Salts
Others
By End Use Industries:
Industrial
Roads, Runways
Landfills
Non- Agriculture
Sports
Residential
Others
Agriculture
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Soil Stabilization Materials Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Graymont Limited,
Carmuse,
Low & Bonar PLC,
Tensar Corporation,
Boral Limited,
Adelaide Brighton Limited,
Sibelco Australia Ltd.,
Ube Industries, Ltd.,
Lhoist
Thrace Group