Soil Stabilization Market is expected to reach US$ 31,843.79 Mn in 2027

Published Date: 29 Jun 2020

Report : Soil Stabilization Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Method (Mechanical and Chemical); Application (Industrial, Non-agricultural, and Agricultural); Additive (Polymers, Minerals and Stabilizing Agents, Others),

Growth in agriculturalactivities to escalate soil stabilization market at 4.1% CAGR during 2019?2027

 

According to our latestmarket study on Global Soil Stabilization Market Forecast to 2027 - COVID-19 Impact and Global Analysis  by Method (Mechanical and Chemical);Application (Industrial, Non-Agricultural, and Agricultural); Additive(Polymer, Mineral and Stabilizing Agents, and Others); and Geography, the market was valued at US$ 21,997.38 million in2018 and is projected to reach US$ 31,843.79 million by 2027; it is expected togrow at a CAGR of 4.1% from 2019 to 2027. The report highlightskey factors driving the market growth and prominent players along with theirdevelopments in the market.

Soil stabilization is theprocess of changing the properties of soil to enhance its strength anddurability; it is mainly applied during road projects. The soil properties are alteredby either incorporating additives or mechanically blending different soil types.Different stabilizing agents such as cement, lime, fly ash, and blast furnaceslag are used to stabilize the soil. The soil stabilizing process starts withevaluating the properties of soil and analyzing and deciding the lackingproperty, followed by selecting the effective and efficient method to stabilizeit. The process ends with designing and stabilizing the soil for the intendeddurability and stability values. Mechanical and chemical stabilization are twomain processes of soil stabilization.

 

There has been a rapidgrowth in agricultural activities worldwide as a result of an increase in foodand energy requirements owing to the rise in the human population. Soil andwater conservation is essential for sustaining food production and preservingthe environment. Soil stabilizing agents such as organic polymers, gypsum,organic waste material, lime, and fly ash are used to enhance the soils usedfor agricultural purposes. By preventing clay dispersion and improving thestability of surface aggregates, the stabilizers reduce soil susceptibility tocrusting and lower erosion and runoff. Gypsum that is used in agriculturalpractices limits clay swelling and dispersion. Moreover, the addition of syntheticorganic polymers to the soil leads to the improved bonding between adjacentaggregates and their stabilization. Apart from stabilization, the addition oforganic matter improves microbial activities in the soil. Fly ash enhancessoil?s texture, structure, and water-holding capacity to favor crop growth.However, the lack of standardization regarding the use of additives leads toagricultural and environmental issues. In contrast, the mechanical and chemicalsoil stabilization improves the engineering characteristics of the problematicsoils by increasing compressive strength and permeability, and improving durability,thus making it suitable for agricultural activities.

 

Global Road Technology,Soilworks, LLC, Aggrebind, Inc., Carmeuse, AltaCrete Ltd., SNF Holding Company,Irridan USA, Tensar International Limited, Wirtgen Group, and Graymont Limitedare among the well-established players in the global soil stabilization market.

 

Impact of COVID-19 Pandemic on Soil Stabilization Market

The COVID-19 pandemic beganin Wuhan (China) in December 2019, and since then, it has spread around theglobe at a fast pace. The outbreak has affected economies and industries due toimposed lockdowns, travel bans, and business shutdowns. Agriculture andconstruction is one of the worlds major industries suffering seriousdisruptions such as supply chain breaks, technology events cancellations, andoffice shutdowns as a result of this outbreak. This is further projected tolower the demand for soil stabilization products globally.

 

Global SoilStabilization Market Breakdown by Region, 2018

 

Global Soil Stabilization Market Breakdown ? by Region, 2018

 

The report includes the segmentation of the global soilstabilization market as follows:

By Method

  • Mechanical
  • Chemical

 

ByAdditives

  • Polymers
  • Minerals andStabilizing Agents
  • Others

 

ByApplication

  • Industrial
  • Agricultural
  • Nonagricultural

 

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific(APAC)
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of AsiaPacific
  • Middle East andAfrica (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MiddleEast and Africa
  • South America
    • Brazil
    • Argentina
    • Rest of SouthAmerica

 

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