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Global Soil Stabilization Market – Industry Trends and Forecast to 2027


The latest report titled ‘Global Soil Stabilization Market,’ published by Emergen, provides the reader with a comprehensive view of the global Soil Stabilization industry, acquainting them with the latest market trends, industry insights, and market share. The report provides an in-depth investigation of the global market, largely focusing on each segment and sub-segment of the Soil Stabilization market. The market forecasts included in the report are performed by our team of experts and are of great significance as they provide deep insights into various crucial industry parameters. These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period. The market research report contains significant details on the global Soil Stabilization market value based on market dynamics and various growth factors.

The global Soil Stabilization Market will be worth USD 34.44 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to increasing infrastructural and construction activities around the globe. Increasing need to enhance and improve the strength and bearing capacity as well as other engineering properties of soil is expected to drive the growth of the soil stabilization market. The cost-effective method of converting poor quality soil into a string impermeable medium has increased the utilization of the soil stabilization system.


Read more@ https://www.emergenresearch.com/industry-report/soil-stabilization-market

Key Highlights From The Report

In February 2019, Volvo Construction Equipment joined forces with National Geographic to help in building embankments across Sundarbans in order to protect the land from the threat of flooding by implementing soil stabilizers.

The industrial segment held the largest market share of 55.2% in 2019. Increasing utilization of the soil stabilization materials in the construction industries is expected to drive the growth of the segment.

Chemical stabilizers are forecasted to grow with the fastest CAGR of 5.4% over the forecast period. Extensive usage of chemical stabilizers in the construction industry for building canals, roads, dams, highway networks, and reservoirs has driven the growth of the segment.

Mineral & stabilizing agents accounted for the largest market share in 2019 as the mineral & stabilizing agents helped enhance the compressibility, durability, and strength in fragile soil.

The Asia Pacific region accounted for the largest market share of the Soil Stabilization market in 2019. Increasing infrastructural developments and growing agricultural practices due to urbanization in the emerging economies is expected to drive the growth of soil stabilization in the region.

Key participants include AB Volvo, Caterpillar Inc., Fayat, SNF Holding Company Inc., Carmeuse, Wirtgen Group, Global Road Technology, Graymont Limited, Aggrebind, and Soilworks, among others.
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