Soil Stabilization Global Market Report 2024

The soil stabilization market has grown strongly in recent years. It will grow from $27.76 billion in 2023 to $29.22 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth observed in the historic period can be attributed to several factors, including a focus on maintenance and durability in construction projects, increased activity in industrial and commercial construction, ongoing innovation in additives and techniques used in construction processes, efforts toward natural disaster mitigation, and a growing emphasis on environmental sustainability practices. These factors collectively contributed to the positive growth trends during the specified historical period.

The soil stabilization market is expected to see steady growth in the next few years. It will grow to $35.31 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The anticipated growth in the forecast period can be attributed to various factors, including the cost-effectiveness and long-term benefits associated with soil stabilization methods, a widespread adoption of geotechnical solutions, the ongoing surge in infrastructure development projects, a heightened focus on sustainable construction practices, and significant government investments in infrastructure projects. Noteworthy trends expected in the forecast period encompass the use of remote sensing and monitoring technologies, the application of green soil stabilization techniques, the development of innovative biopolymer solutions, the integration of nanotechnology in soil stabilization applications, and the utilization of geosynthetics in construction projects. These trends are poised to shape and drive the growth of the soil stabilization market in the coming period.

The anticipated growth in the soil stabilization market is expected to be driven by the increasing level of construction activities. Construction activities encompass a range of tasks involved in building or renovating structures, contributing to economic development through job creation and the utilization of land, soil resources, and construction materials. Soil stabilization plays a crucial role in construction projects by enhancing soil properties, making it suitable for foundations, roadways, and other infrastructure developments. For example, in November 2021, the Office for National Statistics reported a 15.3% increase in the value of new construction work in Great Britain, reaching $119,750 million, compared to $103,815 million in 2020. Similarly, in the U.S., the Census Bureau estimated that 1,595,100 housing units were started in 2021, reflecting a 15.6% increase from 1,379,600 in 2020. This surge in construction activities is a significant driver for the growth of the soil stabilization market.

The growth in urbanization is expected to contribute to the expansion of the soil stabilization market. Urbanization involves the continual growth and development of cities, often accompanied by the migration of populations from rural to urban areas. Soil stabilization becomes crucial in urbanization processes, providing essential support for construction projects by improving soil strength, preventing erosion, and ensuring the longevity of infrastructure in rapidly expanding urban environments. According to the World Economic Forum in April 2022, more than 55% of the world's population, approximately 4.3 billion people, were living in urban settings, and this figure is expected to increase to 80% by 2050. The ongoing trend of urbanization is a key factor driving the demand for soil stabilization solutions in construction and infrastructure development.

Product innovation stands out as a prominent trend gaining traction in the soil stabilization market, with companies actively pursuing innovative solutions to maintain and strengthen their market positions. An illustrative example is the initiative undertaken by Bomag, a Germany-based construction equipment manufacturer, in January 2022. Bomag introduced the RS250 and RS300 tractor-towed soil stabilizers designed for versatile use in road and path construction and soil stabilization. The RS250 offers a milling depth of up to 40 cm, while the RS300 provides a depth of 50 cm, both with a working width of 2.5 meters. These tractor-towed stabilizers incorporate high-performance cutting technology, optimized power transfer, and efficient holding systems, ensuring optimal milling performance, consistently smooth surfaces, and relatively low fuel consumption. Their maneuverability and light design make them well-suited for smaller construction sites, offering flexibility and versatility.

Major players in the soil stabilization market are placing increased emphasis on introducing innovative soil-stabilizing solutions to gain a competitive advantage. One such solution is the geosynthetic keying system, designed to enhance the stability and performance of retaining walls. Presto Geosystems, a US-based construction company, launched the ATRA Wall Key in July 2022 as a crucial component of its GEOWEB Retaining Wall System. The ATRA Wall Key improves stability, load-bearing capacity, and reduces settlement, providing an effective soil stabilization solution for a range of applications in civil engineering, road construction, infrastructure development, and environmental protection.

In July 2021, Keller, a UK-based geotechnical engineering company specializing in soil stabilization services, acquired RECON Services, Inc. for $23 million. This acquisition expanded Keller's capabilities in environmental services, environmental remediation, soil solidification, and addressed specialized needs in the power, mining, and manufacturing industries. RECON Services, Inc., based in the US, is known for its expertise in environmental remediation and industrial services, aligning well with Keller's objectives and strengthening its position in the soil stabilization market.

Major companies operating in the soil stabilization market report are Caterpillar Inc., Volvo Construction Equipment AB, The Fayat Group, Wirtgen Group, Carmeuse Lime & Stone, AltaCrete Inc., SNF Holding Company Inc., Soilworks LLC, AggreBind Inc., Graymont Limited, Global Road Technology International Holdings Limited, SCR-Sibelco NV, Boral Limited, The Low & Bonar Group, Tensar International Corporation, Boxley Materials Company Inc., Casella Organics Inc., Tim O’hare Associates LLP, B.D. White Top Soil Company, Clearflow Enviro Systems Group Inc., AET Group Inc., BASF SE, CTS GeoServices Corp., Dust Control Technology Inc., GSE Environmental LLC, Huesker Synthetic GmbH, Kemira Oyj, Maccaferri Group S.p.A., MoDoM Group, Propex Operating Company LLC.

North America was the largest region in the soil stabilization market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global soil stabilization market report during the forecast period. The regions covered in the soil stabilization market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the soil stabilization market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

There are several soil stabilization methods, including chemical soil stabilization, mechanical soil stabilization, thermal soil stabilization, and biological soil stabilization. Chemical soil stabilization is a technique employed to enhance the engineering properties of soils by introducing chemical agents into the soil. These additives may include polymers, mineral agents, and stabilizing agents. This method finds applications in various sectors, including commercial, residential, industrial, and agricultural projects.

The soil stabilization market research report provides soil stabilization market statistics, including soil stabilization industry global market size, regional shares, competitors with a soil stabilization market share, detailed soil stabilization market segments, market trends and opportunities, and any further data you may need to thrive in the soil stabilization industry. This soil stabilization market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The soil stabilization market includes revenues earned by entities by providing services such as fly ash stabilization and lime & cement soil stabilization. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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