Rapid population growth and urbanization has heightened demand for building and construction materials on a global scale. Infrastructure projects in countries such as China and North America will be primarily driving consumption of soil stabilization materials.
Keeping safety in mind, providing efficient & reliable infrastructure is top priority for government. This situation has raised demand for superior quality soil stabilization materials during construction. As per recently published report on global soil stabilization materials market by Fact.MR, the market will witness a growth of 5% and surpass a valuation of US$ 29 Bn by 2027 end.
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Key Takeaways from Global Soil Stabilization Market
- Global soil stabilization materials market is expected to create a value opportunity of around US$ 11.1 Bn during the forecast period
- Despite losing significant market share by 2027, minerals & stabilizers based soil stabilization materials are forecast to account for more than one third of total absolute $ opportunity created in the market over the forecast period
- In the past decade, polymer based soil stabilization materials have gained impetus and are forecast to gain 893 BPS by 2027 end
- Demand for soil stabilization materials for industrial applications account for around half of the market share throughout the forecast period. Owing to rapid upsurge in demand for effective transportation, soil stabilization materials for roads & runways will dominate demand pie in this segment
- China dominates global soil stabilization materials market in 2019, accounting for over one third of revenue share, rise in real estate investment will support the region’s growth
- Europe and North America have witnessed significant infrastructural growth during the last two decades and thus, have been the hubs for soil stabilization materials manufacturers and suppliers
- Global soil stabilization materials market is highly fragmented in nature, with Raymont Limited, Carmuse, Low & Bonar PLC, and Tensar Corporation as some of the notable players
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Global Soil Stabilization Materials Market Segmentation
Fact.MR has studied the global soil stabilization materials market with detailed segmentation on the basis of material type, application and region.
- Minerals & Stabilizing agents
- Portland Cements
- Agriculture Waste
- Sludge & Slag
- Roads, Runways
- Non Agriculture
- North America
- Western Europe
- SEA & Other APAC
- Latin America
- Eastern Europe
Market Players Facing Fierce Competition from Overseas Suppliers Providing Cheaper Imports
Global soil stabilization materials market is largely fragmented in nature with presence of numerous regional and global producers. Prominent players with established markets in global stabilization materials market, include Graymont Limited, Carmuse, Low & Bonar PLC, Tensar Corporation, Boral Limited, Adelaide Brighton Limited, Sibelco Australia Ltd., Ube Industries, Ltd., Lhoist and Thrace Group among others. There has been significant difference in pricing of domestic soil stabilization products and that of imported ones.
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Strategic Points Covered in Table of Content of Global Soil Stabilization Materials Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Soil Stabilization Materials Market
Chapter 2: Exclusive Summary – the basic information of the Soil Stabilization Materials Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Soil Stabilization Materials Market
Chapter 4: Presenting the Soil Stabilization Materials Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2020
Chapter 6: Evaluating the leading manufacturers of the Soil Stabilization Materials Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2031)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Soil Stabilization Materials Market is a valuable source of guidance for individuals and companies.
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