North America Soil Stabilization Market Growth and Forecast by 2027
Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027North America Soil Stabilization Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Method (Mechanical and Chemical), Application (Industrial, Non-agricultural, and Agricultural) and Additive (Polymer, Mineral and Stabilizing Agents and Others)
- Report Date : Nov 2020
- Report Code : TIPRE00017268
- Category : Chemicals and Materials
- Status : Published
- Available Report Formats :
- No. of Pages : 126
The North America soil stabilization market is expected to grow from US$ 4,285.07 million in 2018 to US$ 6,145.85 million by 2027; it is estimated to grow at a CAGR of 4.0% from 2019 to 2027.
Soil stabilization is the process of changing the properties of soil in order to enhance its strength and durability. The changes in soil properties are achieved either by the incorporation of additives or by the mechanical blending of different types of soil. Different stabilizing agents such as cement, lime, fly ash, and blast furnace slag is used to stabilize the soil. The soil stabilizing process starts with evaluating the properties of the given soil, analyzing & deciding the lacking property of soil, and selecting the effective & efficient method of soil stabilization. Finally, the process ends with designing & stabilizing the soil for the intended durability and stability values. Soil stabilization is mainly used in road projects. Mechanical and chemical stabilization are two main processes of soil stabilization. Presently, major countries in North America are under lockdown due to the COVID 19 pandemic. In the high-impact countries in the region, isolation and social distancing measures have been put in place. The lesser production of goods and commodities is hampering the growth of the North America Soil Stabilization market as the demand for these solutions has declined over the past couple of months. The US has reported the highest number of confirmed cases of as the disease in this region. The outbreak and measures taken to contain the infection spread are likely to impact the food & beverages industry in the region, mainly due to disruptions in supply and distribution chain. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America Soil Stabilization market. The market is expected to grow at a good CAGR during the forecast period.
North America Soil Stabilization Market Revenue and Forecast to 2027 (US$ Mn)
North America Soil Stabilization Market Segmentation
North America Soil Stabilization Market, by Method
- Mechanical
- Chemical
North America Soil Stabilization Market – by Additives
North America Soil Stabilization Market – by Application
- Industrial
- Agricultural
- Non- Agricultural
North America Soil Stabilization Market – by Country
- US
- Canada
- Mexico
North America Soil Stabilization Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 4,285.07 Million |
| Market Size by 2027 | US$ 6,145.85 Million |
| Global CAGR (2019 - 2027) | 4.0% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Method
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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