North America Soil Stabilization Market Forecast to 2027 – COVID-19 Impact and Analysis – By Method (Mechanical and Chemical), Application (Industrial, Non-agricultural, and Agricultural) and Additive (Polymer, Mineral and Stabilizing Agents and Others)
Number of Pages: 89
Market Introduction
US contributed to the largest share in the North America Soil Stabilization market. The growth of the soil stabilization market in this region is primarily attributed to the growth in the middle-class population along with growth in urbanization. An increase in the agricultural activities and construction projects in the US are yet other factors propelling the demand for soil stabilization in this region. Many industrial soil stabilization activities take place in the US region. Technological advancements in machinery and additives also favor soil stabilization in the US. An increase in the manufacture of polymers and other stabilizing agents is further expected to fuel the demand for soil stabilization.
Market Overview and Dynamics
The North America soil stabilization market is expected to grow from US$ 4,285.07 million in 2018 to US$ 6,145.85 million by 2027; it is estimated to grow at a CAGR of 4.0% from 2019 to 2027. Soil stabilization is the process of changing the properties of soil in order to enhance its strength and durability. The changes in soil properties are achieved either by the incorporation of additives or by the mechanical blending of different types of soil. Different stabilizing agents such as cement, lime, fly ash, and blast furnace slag is used to stabilize the soil. The soil stabilizing process starts with evaluating the properties of the given soil, analyzing & deciding the lacking property of soil, and selecting the effective & efficient method of soil stabilization. Finally, the process ends with designing & stabilizing the soil for the intended durability and stability values. Soil stabilization is mainly used in road projects. Mechanical and chemical stabilization are two main processes of soil stabilization.
COVID 19 has impacted the major countries of North America. Most of the countries in the region are under lockdown, which is impacting the Soil Stabilization market. The US has the highest number of confirmed cases of the COVID-19 infection among all North American countries. This is likely to impact the food and beverages industry in the region, mainly due disrupted supply and distribution chains.
Key Market Segments
On the basis of method, the mechanical segment dominated the market of the total market share. On the basis of additives, the mineral and stabilizing agents segment dominated the market of the total market share. On the basis of application, the industrial segment dominated the market of the total market share.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America Soil Stabilization market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Global Road Technology, Soilworks, LLC, Aggrebind, Inc., Carmeuse, AltaCrete Ltd.., SNF Holding Company, Irridan USA, Tensar International Limited, Wirtgen Group, Graymont Limited
Reasons to Buy Report
North America Soil Stabilization Market Segmentation
North America Soil Stabilization Market, by Method
North America Soil Stabilization Market – by Additives
North America Soil Stabilization Market – by Application
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 4,285.07 Million |
| Market Size by 2027 | US$ 6,145.85 Million |
| CAGR (2019 - 2027) | 4.0% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Method
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Regions and Countries Covered
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| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
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The North America Soil Stabilization Market is valued at US$ 4,285.07 Million in 2018, it is projected to reach US$ 6,145.85 Million by 2027.
As per our report North America Soil Stabilization Market, the market size is valued at US$ 4,285.07 Million in 2018, projecting it to reach US$ 6,145.85 Million by 2027. This translates to a CAGR of approximately 4.0% during the forecast period.
The North America Soil Stabilization Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Soil Stabilization Market report:
The North America Soil Stabilization Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Soil Stabilization Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Soil Stabilization Market value chain can benefit from the information contained in a comprehensive market report.
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