The increase in infrastructure and construction activities around the world is stimulating market demand.
VANCOUVER, BC, CANADA, September 23, 2021 /EINPresswire.com/ – The global soil stabilization market will be worth $ 34.44 billion by 2027, according to a current analysis from Emergen Research. The growth of this market can be attributed to the increase in infrastructure and construction activities around the world. The growing need to improve and improve the strength and bearing capacity as well as other technical properties of soil is expected to drive the growth of the soil stabilization market. The cost effective method of converting poor quality soil to an impermeable rope medium has increased the use of the soil stabilization system.
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The research report calls attention to the profound impact of the COVID-19 pandemic on the global Soil Stabilization market and its crucial segments. The report assesses the key factors influencing the growth of the market and considers the COVID-19 pandemic as one of the elements contributing to the economic downturn in the market. The pandemic has altered various aspects of the Global Soil Stabilization market scenario. However, this report offers an in-depth analysis of the COVID-19 impact of the market to help readers gain knowledge about the significant effects of the outbreak on the present and future scenario of this business space. Therefore, this is the most recent report providing comprehensive coverage of the current economic situation that has caused a global health crisis.
Highlights of the report
In February 2019, Volvo Construction Equipment partnered with National Geographic to help build embankments across the Sundarbans to protect the terrain from the threat of flooding by implementing soil stabilizers.
The industrial segment held the largest market share of 55.2% in 2019. The increasing use of soil stabilization materials in construction industries is expected to drive the growth of the segment.
The Asia-Pacific region accounted for the largest market share of the soil stabilization market in 2019. The increase in infrastructure developments and growing agricultural practices due to urbanization in emerging economies is expected to drive the growth of the soil stabilization in the region.
Major participants include AB Volvo, Caterpillar Inc., Fayat, SNF Holding Company Inc., Carmeuse, Wirtgen Group, Global Road Technology, Graymont Limited, Aggrebind and Soilworks, among others.
Market segmentation :
The report categorizes the market into different key segments on the basis of types and applications, as well as key regional segmentation. The report offers an overview of the segment which is expected to gain traction over the forecast period and the region which is expected to dominate the market in the coming years.
Application Outlook (Revenue, USD Billion; 2017-2027)
Outlook Method (Revenue, Billions USD; 2017-2027)
Additive Outlook (Revenue, USD Billion; 2017-2027)
Mineral agents and stabilizers
Other additives (chelates & salts. Sludge, agricultural waste)
Additionally, the report offers market share data for the global Soil Stabilization industry spread. Key geographies such as North America, Europe, Asia Pacific, Latin America, Middle East, and Africa are studied to assess market size, market share, production and consumption models, import / export, supply and demand ratio and income contributions. In addition, the regions are also studied to understand the functioning of the key players located in the region.
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Target Audience of the Global Soil Stabilization Market report:
Global Soil Stabilization Market Suppliers, Traders, Distributors and Suppliers
Research organizations, end-use industries, consultancy organizations and various alliances related to this sphere of activity.
Independent regulatory authorities, government agencies and policy makers.
Chapter 1. Methodology and sources
1.1. Market definition
1.2. Scope of research
1.4. Research sources
1.4.3. Paid sources
1.5. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2019-2027
Chapter 3. Main information
Chapter 4. Soil Stabilization Market Segmentation and Impact Analysis
4.1. Soil Stabilization Market Materials Segmentation Analysis
4.2. Industrial outlook
4.2.1. Analysis of market indicators
4.2.2. Market Driver Analysis
220.127.116.11. Growing infrastructure development
18.104.22.168. Rapid urbanization in emerging economies’
22.214.171.124. Increased government investment in infrastructure activities
4.2.3. Analysis of market constraints
126.96.36.199. High cost of stabilized equipment
188.8.131.52. Present difficult economic conditions due to the pandemic
4.3. Technological insights
4.4. Regulatory framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive metric space analysis
4.7. Price trend analysis
4.8. Covid-19 impact assessment
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