The soil stabilization material market was valued at US$ 19,803.30 million in 2022. By the end of 2023, the industry is likely to reach a valuation of US$ 21,123.30 million. During the forecast period, the global market for soil stabilization material is expected to garner a 6.60% CAGR and reach a size US$ 40,025.23 million by 2033.
Key industry Trends and Highlights:
| Attributes | Details |
|---|---|
| Estimated Market Value in 2022 | US$ 19,803.30 million |
| Expected Market Value in 2023 | US$ 21,123.30 billion |
| Expected Market Value in 2033 | US$ 40,025.23 million |
| Value based CAGR from 2023 to 2033 | 6.60% |
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| Report Attributes | Details |
|---|---|
| Market value in 2022 | US$ 19,803.30 million |
The market for soil stabilization material was mostly driven by an increase in infrastructure development in 2018. As more nations made investments in infrastructure projects, such as building roads, bridges, as well as other transportation-related projects, the demand for soil stabilization materials increased.
The market for soil stabilization materials was influenced by the emphasis on environmental sustainability during the historical period. The construction industry has adopted eco-friendly techniques in response to growing awareness of environmental issues, which has raised demand for environmentally sustainable and efficient soil stabilization solutions.
Principal Consultant
The table below lists the top five nations expected to experience prominent growth during the forecast period. The United States and India are predicted to have the maximum development among these nations.
| Countries | CAGR from 2023 to 2033 |
|---|---|
| The United States | 7.80% |
| The United Kingdom | 5.50% |
| Germany | 5.60% |
| China | 7% |
| India | 7.10% |
The United States market for soil stabilization material is likely to garner a 7.80% CAGR during the forecast period. The need for soil stabilization materials is being driven by large-scale infrastructure development projects, including building projects, road construction, and improvements to the transportation system. The need for dependable and long-lasting soil stabilization solutions is rising as the United States makes investments in modernizing and extending its infrastructure.
Sustainability issues and environmental restrictions are influencing the usage of materials for soil stabilization. These materials are in line with the growing emphasis in the United States on sustainable practices as well as regulatory compliance. They provide environmentally friendly ways to clean up polluted soils and reduce the negative effects of industrial and construction operations on the environment.
The soil stabilization material market in the United Kingdom is poised to expand at a 5.50% CAGR from 2023 to 2033. One distinct market for soil stabilization materials is the emphasis of the United Kingdom government on redeveloping brownfield sites, which are frequently former industrial or toxic locations.
Brownfield lands can be utilized for housing, commercial, and urban redevelopment by applying these materials to stabilize and treat the soil. The land use and urban planning attempts in the United Kingdom to rehabilitate neglected areas are in line with the demand for soil stabilization materials.
The Germany market for soil stabilization material is poised to develop at a 5.60% CAGR during the forecast period. Numerous renewable energy projects have been built as a result of the dedication of Germany to using renewable energy sources including solar and wind power.
For solar panel and wind turbine installations to have secure foundations, soil stabilizing materials are essential. The Germany market is seeing an increase in demand for these materials due to the emphasis on sustainable energy solutions.
Historic structures and locations must be preserved and restored due to the rich historical and cultural legacy of the country. In these projects, soil stabilization materials are essential since they guarantee the stability of historical building foundations and adjacent soils. The commitment of the country to conserving its architectural legacy fuels the need for these materials.
The China market for soil stabilization material is likely to expand with a 7% CAGR from 2023 to 2033. The market for soil stabilization materials is significantly influenced by the massive high-speed rail network construction in China.
In order to guarantee effectiveness and security during the construction of high-speed rail lines, the soils surrounding the train paths must be stabilized. One of the distinctive drivers of this market is this extensive infrastructural development.
Soil stabilization materials are in high demand due to the massive land reclamation and coastal development projects in the region, particularly in the Pearl River Delta as well as Hainan Island. These materials are appropriate for a variety of industrial and urban applications since they are necessary for strengthening reclaimed land as well as coastal areas. This particular need is being driven by the regional rapid population growth and desire for additional land.
The India soil stabilization material market is poised to expand with a 7.10% CAGR during the forecast period. The rising need for affordable housing and smart city initiatives is one of the main factors propelling the soil stabilization material market in India. Construction is booming all over India due to government-led projects to build smart cities and provide cheap housing.
In these large-scale urban development projects, the use of soil stabilization materials is essential for strengthening foundations, enhancing soil quality, and guaranteeing the durability of infrastructure. The need for these materials is specific to the regional urbanization movement, where building new structures is prioritized alongside making them resilient and sustainable.
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The table below highlights how minerals and stabilizers are projected to take up a significant global market share by material type. The industrial application segment is likely to garner a significant market share in 2023.
| Category | Market share in 2023 |
|---|---|
| Minerals and Stabilizers | 61.4% |
| Industrial | 47% |
The minerals and stabilizers segment is expected to acquire a market share of 61.4% in 2023. Cement, lime, and fly ash are examples of minerals and stabilizers that have been shown to be very successful in enhancing compaction, boosting soil qualities, and raising load-bearing capacity. They are favored options in building projects due to their reputation for sturdiness and enduring effects on soil stabilization.
Since minerals and stabilizers are environmentally friendly, they are frequently preferred in a world where sustainability is becoming more and more important. They can lessen the requirement for virgin materials to be imported and transported, reducing the carbon footprint of building projects. The application of specific stabilizers, like lime, can aid in the cleanup of contaminated soils by lessening their negative effects on the environment.
Based on the application, the industrial segment is anticipated to take up a significant global market share. In 2023, the industrial segment is likely to acquire 47% global market share.
The use of soil stabilization products can result in cost reductions for industries. Businesses can prevent costly foundation building, substantial excavation, and soil replacement by stabilizing the soil on-site. This efficiency is especially important in industrial settings, where minimizing downtime and keeping production schedules depend on prompt and economical solutions.
In numerous industrial applications, soil stabilizing materials are employed to enhance the qualities of the soil. These substances improve the ability of the soil to support loads, which qualifies it for use with large industrial machinery, storage facilities, as well as transportation infrastructure. Industries that depend on sturdy and long-lasting infrastructure must be able to fortify the soil and create a secure foundation with such materials.
To develop cutting-edge construction methods and soil stabilization materials, major firms are investing in research and development. This involves creating economical and ecologically friendly solutions. These developments meet the needs of several industries, including agriculture, transportation, and construction, by providing long-lasting and sustainable soil stabilizing techniques.
A lot of significant businesses are establishing strategic alliances and growing their footprint in new markets. They work in tandem with regional construction companies, governmental organizations, and other relevant parties to establish a presence in areas seeing an increase in infrastructure development. Key participants in the worldwide soil stabilization materials sector benefit from these agreements, which enhance market position by providing access to new client bases and facilitating knowledge sharing.
Some of the prominent developments by the key companies in this domain are
| Company | Key Developments |
|---|---|
| Graymont Limited |
|
| Caterpillar Inc. |
|
| Movax Oy and Allu Projects |
|
| Attribute | Details |
|---|---|
| Projected market value in 2023 | US$ 21,123.30 million |
| Projected market value in 2033 | US$ 40,025.23 million |
| Forecast CAGR from 2023 to 2033 | 6.60% |
| Forecast period | 2023 to 2033 |
| Historical period | 2018 to 2022 |
| Market analysis | Value in US$ million |
| Key regions covered |
|
| Key countries profiled |
|
| Key market segments |
|
| Key companies profiled |
|
The global soil stabilization material market is expected to reach US$ 21,123.30 million by 2023.
The global soil stabilization material market is set to expand by a CAGR of 6.60% by 2033.
The global soil stabilization material market is forecast to reach US$ 40,025.23 million by 2033.
The minerals and stabilizers segment is projected to attain a 61.4% share in 2023.
The industrial application segment is likely to acquire a 47% share in 2023.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Material Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Material Type, 2023 to 2033
5.3.1. Polymers
5.3.2. Minerals & Stabilizing agents
5.3.3. Portland Cements
5.3.4. Lime
5.3.5. Fly-Ash
5.3.6. Agriculture Waste
5.3.7. Sludge & Slag
5.3.8. Salts
5.4. Y-o-Y Growth Trend Analysis By Material Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Material Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Applications
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Applications, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Applications, 2023 to 2033
6.3.1. Industrial
6.3.2. Roads, Runways
6.3.3. Landfills
6.3.4. Sports
6.3.5. Residential
6.3.6. Agriculture
6.3.7. Others
6.4. Y-o-Y Growth Trend Analysis By Applications, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Applications, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Material Type
8.2.3. By Applications
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Material Type
8.3.3. By Applications
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Material Type
9.2.3. By Applications
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Material Type
9.3.3. By Applications
9.4. Key Takeaways
10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Material Type
10.2.3. By Applications
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Material Type
10.3.3. By Applications
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Material Type
11.2.3. By Applications
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Material Type
11.3.3. By Applications
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Material Type
12.2.3. By Applications
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Material Type
12.3.3. By Applications
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Material Type
13.2.3. By Applications
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Material Type
13.3.3. By Applications
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Material Type
14.2.3. By Applications
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Material Type
14.3.3. By Applications
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Material Type
15.1.2.2. By Applications
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Material Type
15.2.2.2. By Applications
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Material Type
15.3.2.2. By Applications
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Material Type
15.4.2.2. By Applications
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Material Type
15.5.2.2. By Applications
15.6. UK
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Material Type
15.6.2.2. By Applications
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Material Type
15.7.2.2. By Applications
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Material Type
15.8.2.2. By Applications
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Material Type
15.9.2.2. By Applications
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Material Type
15.10.2.2. By Applications
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Material Type
15.11.2.2. By Applications
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Material Type
15.12.2.2. By Applications
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Material Type
15.13.2.2. By Applications
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Material Type
15.14.2.2. By Applications
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Material Type
15.15.2.2. By Applications
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Material Type
15.16.2.2. By Applications
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Material Type
15.17.2.2. By Applications
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Material Type
15.18.2.2. By Applications
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Material Type
15.19.2.2. By Applications
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Material Type
15.20.2.2. By Applications
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2022
15.21.2.1. By Material Type
15.21.2.2. By Applications
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2022
15.22.2.1. By Material Type
15.22.2.2. By Applications
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2022
15.23.2.1. By Material Type
15.23.2.2. By Applications
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Material Type
16.3.3. By Applications
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Graymont Limited
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Carmuse
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Low & Bonar PLC
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Tensar Corporation
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Boral Limited
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Adelaide Brighton Limited
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Sibelco Australia Ltd
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Thrace Group
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
Chemicals & Materials
May 2023
REP-GB-17157
324 pages
Services and Utilities
August 2017
REP-GB-4613
377 pages
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Soil Stabilization Material Market
