Soil Stabilization Materials Market Set for Rapid Growth and Trend, by 2028
Posted by ankush Nikam on October 2nd, 2019
Soil Stabilization Materials Market: Introduction
Soil stabilization materials are the additives added to soil to increase the properties of the soil. Soil stabilization is a method of changing the properties of soil to gain the desired results. Soil stabilization materials increase or enhance the load bearing capacity, overall performance and tensile strength of the soil. They are used to create a hydrophobic surface, which can withstand heavy rainfall or frosts.
Soil stabilization materials can be classified into two categories, namely traditional and non-traditional soil stabilization materials. Non-traditional soil stabilization materials include polymer compounds, co-polymer based compounds, calcium and magnesium chloride and fiber reinforcement. Whereas traditional soil stabilization materials include compounds such as bitumen emulsions, Portland cement, cement fly ash, lime fly ash, lime, tar and cement kiln dust. Soil stabilization materials are widely used in construction, transportation, mining, energy, military and oil & gas industries are also used in various agricultural applications. Certain soil stabilization materials act as soil conditioners that bind the soil with other materials so as to prevent soil erosion to a significant level.
Soil Stabilization Materials Market: Dynamics
The increased population and urbanization in developing countries has boosted the building and construction industry, which in turn is driving the growth of the soil stabilization materials market. The increasing population has increased the demand for agricultural products, which is also boosting the soil stabilization materials market. Increase in global and domestic trade has led to the necessity of efficient transportation. The growing transportation industry has increased the need for efficient roads, railways, highways, docks, which is creating a demand for soil stabilization materials.
The growth of the mining industry will also boost the demand for soil stabilization materials. The increase in the demand for renewable energy sources has increased the number of solar power plants and windmills, which in turn are surging the demand for soil stabilization materials in the energy sector. There is continuous research & development going for the improvement of the soil stabilization materials. The negative environmental impact caused by soil stabilization materials might act as a restraining factor for this market.
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Soil Stabilization Materials Market: Segmentation
The global soil stabilization materials market can be segmented on the basis of material type and end use industry.
The global soil stabilization materials has been segmented on the basis of material type as:
The global soil stabilization materials has been segmented on the basis of end use industry as:
Soil Stabilization Materials Market: Regional Outlook
The building & construction industry in Asia Pacific is witnessing sound growth, owing to the increasing population and urbanization in the region, supported by the increasing number of construction projects started by government. Asia Pacific is also a leading agricultural producers, due to which this region can be considered as a prominent market for soil stabilization materials.
Increasing industrialization and urbanization have led to the growth of the building & construction sector in Latin America and hence, the region is pegged to be a promising market for soil stabilization materials. Despite being a matured market, North America can yet be considered as a prominent market for soil stabilization materials due its significant position in global agricultural production. The Middle East has significant presence of the oil & gas industry and agricultural production has been increasing in regions across Africa. The mining industry is also growing in the Middle East & Africa region. Thus, the Middle East & Africa region is pegged to be a potential market for soil stabilization materials.
Soil Stabilization Materials Market: Key Participants
Some of the market participants in the global soil stabilization materials market identified across the value chain include:
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.
The report covers exhaust analysis on:
Regional analysis includes:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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About the Authorankush Nikam
Joined: December 21st, 2016
Articles Posted: 4,519
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