DUBLIN--(BUSINESS WIRE)--The "Soil Stabilization Market by Method (Mechanical and Chemical), Application (Industrial, Non-agricultural, and Agricultural), Additive (Polymer and Mineral & Stabilizing Agents), and Region (APAC, North America, Europe) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The soil stabilization market is projected to reach USD 27.8 Billion by 2022, from USD 22.09 Billion in 2017, growing at a CAGR of 4.7%.
Rapid urbanization and improved quality & properties of soil stabilization materials are some of the major factors that are expected to drive the demand for soil stabilization.
Established infrastructure in developing countries is one of the major factors restraining the growth of the soil stabilization market, globally. Developed countries such as the US, Germany, the UK, and Japan have established infrastructure for public, commercial, and transport sectors. The already-developed infrastructure in these countries presents low prospects for new construction activities.
Based on application, the soil stabilization market has been segmented into industrial, non-agriculture, and agriculture. The industrial segment dominated the global soil stabilization market, and this trend is expected to continue through the forecast period. The rising technological advancements in machinery and additives help the industry players grow and capitalize on the existing opportunities.
Soil stabilization finds industrial applications in roads, airfields, railroads, embankments, reservoirs, bank protection, canals, dams, and coastal engineering. With the infrastructure development across the globe, innovations are foreseen to drive the market for soil stabilization materials in the coming years.
The soil stabilization market has been segmented, on the basis of method, into mechanical and chemical. The mechanical method segment dominated the global soil stabilization market with a majority of the share. The mechanical method includes various soil stabilization machines such as compactors, rollers, and pavers to improve the strength of the soil. The mechanical method helps in properly and consistently mixing the soil, which can be used in subgrades and design of foundations.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Soil Stabilization Market, By Method
7 Soil Stabilization Market, By Additive
8 Soil Stabilization Market, By Application
9 Soil Stabilization Market, By Region
10 Competitive Landscape
11 Company Profiles
- AB Volvo
- Global Road Technology
- Irridan USA
- SNF Holding
- Wirtgen Group
For more information about this report visit https://www.researchandmarkets.com/research/gx3p5s/soil?w=4