The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising building activity is likely to spur innovation in soil stabilisation production, propelling the market during the forecast period.

The global soil stabilization market is expected to grow from $26.31 billion in 2022 to $27.76 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The global soil stabilization market size is expected to reach $33.46 billion in 2027 at a CAGR of 4.8%.

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Global Soil Stabilization Market Segments Include:

• By Method: Chemical Soil Stabilization, Mechanical Soil Stabilization, Thermal Soil Stabilization, Biological Soil Stabilization
• By Additives: Polymers, Mineral Agents, Stabilizing Agents
• By End-User: Commercial, Residential, Industrial, Agriculture, Other End-Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global soil stabilization market in 2021.

Major Market Players in the soil stabilization market include Caterpillar Inc., Volvo Construction Equipment, The Fayat Group, Wirtgen Group, Carmeuse Lime Inc., AltaCrete, SNF Holding Company Inc., Soilworks LLC, AggreBind Inc.

Product innovation is a key trend that is gaining traction in the soil stabilisation industry. Companies in the soil stabilisation market are implementing new creative products to maintain their market position. For example, Bomag, a German manufacturer of construction equipment, including soil stabilisers, launched RS250 and RS300 tractor-towed soil stabilisers for soil stabilisation in January 2022. The tractor-towed stabilisers are designed for versatile use in the construction of roads and walkways, as well as in soil stabilisation. The milling depth of the 250 model is up to 40 cm, while the depth of the 300 model is 50 cm. The working width of both models is 2.5 metres. Cutting technology with high performance and optimised power transfer are paired with effective and simple-to-maintain holding mechanisms. They ensure optimal milling performance, consistently smooth milled surfaces, and reduced fuel consumption. Because they are flexible and versatile, manoeuvrable and light solutions are appropriate for smaller building sites.

The Soil Stabilization Global Market Report 2023  provides a soil stabilization market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The soil stabilization market forecast analyzes soil stabilization market size, soil stabilization market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The process of changing the physical and chemical qualities of soil in order to improve its engineering properties and make it acceptable for construction or other purposes is referred to as soil stabilisation. It entails improving the soil’s strength, durability, and load-bearing capacity.

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