A recent report published by Infinium Global Research on soil stabilization market provides an in-depth analysis of segments and sub-segments in the global as well as regional soil stabilization market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional soil stabilization market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global soil stabilization market. According to the report, the global soil stabilization market is projected to grow at a CAGR of 5.2% over the forecast period of 2019-2025.
Soil stabilization is the process to enhance the physical properties of soil by increasing the shear strength of a soil and resistance to softening by water by bonding the soil particles together and waterproofing the particles. The simplest stabilization processes include compaction and drainage, if water drains out of wet soil it becomes stronger. The other process is by improving the gradation of particle size and further to improvements can be achieved by adding binders to the weak soils.
Swelling demand for stable infrastructure and efficient road transportation is boosting the demand for soil stabilization materials across the globe, furthermore, growing construction industry globally is one of the major factor driving the growth of soil stabilization market. The rate of development in developing countries has almost doubled in the last decade that in turn has a major impact on the construction industry to develop a tremendous rate which in turn is fuelling the soil stabilization market. On the other hand, the high cost associated with instruments and the overall process may hamper the growth of the market. However, increasing infrastructural investments by the government and rising demand form the agriculture field for high yield and productivity will boost the market in the forecast period.
Geographically, the soil stabilization market is segmented into North America, Europe, Asia-Pacific and Rest of the world. Asia-Pacific region is expected to grow with a significant rate and anticipated to keep its dominance over the forecast period. Increasing infrastructural investments in developing countries like India, China, and Japan is mainly contributing to the growth of this region. The market in North America and Europe is expected to grow with a healthy rate in the forecast period. Growing industrialization and expanding transport ways are primarily causing the growth of the soil stabilization market in these regions.
The report on global soil stabilization market covers segments such as type, and application. On the basis of type, the sub-markets include minerals & stabilizers, polymers, and other type. On the basis of application, the sub-markets include industrial, agriculture, and non-agriculture.
The report provides profiles of the companies in the market such as Aggrebind, Soilworks, LLC, SNF Holding Company, Graymont Limited, WIRTGEN GmbH, CARMEUSE, IRRIDAN USA, AB Volvo, AB Volvo, Caterpillar Inc., and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of soil stabilization market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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