Overview:
Soil stabilization is a term referred 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 texture, tensile strength, waste bearing capacity etc. of the soil is improved. This ensure strengthening of road surface. Couple of renewable technologies involved in soil stabilization are polymers, calcium chloride, sodium chloride, ionic stabilizers, and tree resins among others.
Global soil stabilization market is estimated to grow in the coming years mainly attributed to rapid urbanization, increasing modernization thus improving the quality of the soil stabilizing agents. Other factors contributing for such growth are rising innovation in machines/additives which attract manufacturers to siege 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, soil stabilization market is forecasted to spike in the upcoming years.
By method, global soil stabilization market is segmented into two types namely mechanical and chemical with mechanical type contributing for the largest share of the market in 2017. It mainly focuses to improve the strength of the soil through physical measures namely through rollers, compactors, and pavers etc. This method involves complete mixing and blending of different types of soil to obtain the optimal material quality that is required to construct roads. In addition, global stabilization market on basis of application is further categorized into 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 forecasted to witness high demand mainly in the developing economies such as Asia-Pacific. Additives segment is further divided into polymers, mineral and stabilizing agents and other additives. Mineral and stabilizing agents, also represented as binding agents involves Portland cement, ash, lime and others. Such stabilizing agents help to increase compressibility, durability and provide strength to weak soil and contributed for the largest share of the market in 2017.
By geography, global soil stabilization market is bifurcated into North America, Europe, Asia Pacific, Latin America and Middle East and Africa .In 2017, in terms of value, Asia-Pacific held the largest market share. Awareness of soil management activities, rapid urbanization, manufacturers being keen to invest on soil stabilizing market are some of the drivers of this region. In addition, frequent modernization of different stabilizing agents coupled with stabilizing machines by Asia Pacific manufactures are driving the soil stabilizing market in the region. Demand for soil stabilizers have also increased due to high demand for development of infrastructure among non-agricultural and industrial segments. Apart from this, Latin America is forecasted to show the fastest CAGR growth. Major countries contributing for such growth are Brazil along with Argentina. High demand for infrastructure development coupled with development of agricultural sectors are estimated to drive the soil stabilization market in this region.
Global soil stabilization market is segmented as below:
Key players across the global soil stabilization market value chain are:
Caterpillar (US), AB VOLVO (Sweden), WIRTGEN GROUP (Germany), CARMEUSE (US) , FAYAT (France), Soilworks (US) , SNF Holding (US), Aggrebind (US), and Graymont (Canada), Global Road Technology (Australia), IRRIDAN USA (US), Altacrete (US) among others.
This report offers: