Global Agricultural Soil Stabilizing Agents Market By Method (Mechanical Method, Chemical Method), Additives (Polymers, Mineral and Stabilizing Agents, Other Additives), Application (Open-Field Application, Greenhouse), Material (Cement, Lime, Bitumen, Chemicals, Electro-Osmosis, Grouting, Geotextiles and Fabrics) – Industry Trends and Forecast to 2029
Market Analysis and Size
Soils are the fundamental building blocks of any city. No life can be without soil, but we have been neglecting soils for many years. Soils lose productivity over time as a result of increased use, such as farming, rendering them unusable.
Data Bridge Market Research analyses that the agricultural soil stabilizing agents market which was valued at USD 12.2 billion in 2021 is expected to reach the value of USD 18.44 billion by 2029, at a CAGR of 5.30% during the forecast period of forecast period of 2022 to 2029.
Market Definition
Soil stabilisation is a chemical, biological, physical or mixed process used to modify the structure of the soil as needed. This process increases the soil's shear strength and shifts its physical properties. In constructing airports, roadways, site improvement programmes, and other activities, soil stabilisation method is used. It is also used to enhance stiffness and capacity for bearing. For soil stabilisation, chemical and mechanical methods are usually used.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Method (Mechanical Method, Chemical Method), Additives (Polymers, Mineral and Stabilizing Agents, Other Additives), Application (Open-Field Application, Greenhouse), Material (Cement, Lime, Bitumen, Chemicals, Electro-Osmosis, Grouting, Geotextiles and Fabrics)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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AltaCrete (Canada), AggreBind Inc. (US), SNF Holding Company Inc. (US), Soilworks, LLC (US), Wirtgen Group (Germany), FAYAT SAS (France), The Volvo Group (Sweden), Caterpillar Inc. (US), SCR-Sibelco NV (Belgium), Adelaide Brighton Cement (Australia), Boral Limited (Australia), Tensar International Corporation (US), The Low & Bonar Group (UK), Carmeuse (Belgium), Graymont Limited (Canada)
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Opportunities
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Agricultural Soil Stabilizing Agents Market Dynamics
Drivers
- Rising infrastructural activities as well governments investments in development
Increasing infrastructure activities, combined with rising construction activity around the world, will drive market demand during the forecasted period. A sudden increase in urbanization and modernization in the global market creates more market demand during the forecast period. The increasing government investment in developing railways, dams, roadway networks, and various government institutes such as schools and hospitals drives market demand.
- Rising demand for organic products and farming
Rising demand for organic farming practises, a rapidly expanding horticulture market, rising population and urbanisation, shrinking arable land, a greater emphasis on increasing agricultural output, and increased food demand from an ever-increasing population are all expected to fuel market growth.
Furthermore, innovations in manufactured soil types, as well as an increase in the number of greenery enclosures and yards, are creating a plethora of new opportunities, which will further accelerate the growth of the agricultural soil stabilizing agents market during the forecast period.
Opportunity
During the forecasted period of 2022 to 2029, there will be an increase in demand for soil stabilisation products all over the world. This process's alteration properties are used in a variety of agricultural activities, creating more growth opportunities all over the world. The expansion of agricultural activities in various countries provides numerous opportunities for growth all over the world. Furthermore, extensive research and development in technology for improving soil fertility provides a variety of growth opportunities during the forecasted period.
Restraints
Though the global soil stabilisation process market is expanding rapidly, some factors are impeding its expansion. Lack of standardisation, particularly in the use of additives, significantly impedes market growth by causing a variety of environmental and agricultural issues. Another stumbling block is the high cost of the stabilisation process.
This agricultural soil stabilizing agents market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the agricultural soil stabilizing agents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Agricultural Soil Stabilizing Agents Market
The global COVID 19 pandemic has affected a large portion of the population. Many people have lost their jobs as a result of the global pandemic. It has had an impact on the dynamics and growth of a number of industries. Everyone is concerned about their immunity and maintains social distance. During the lockdown, various end-user industries' operational activities were halted, resulting in a decrease in demand for the soil stabilisation market, which leads to a decrease in sales revenue. The supply chain networks were also disrupted, resulting in a decrease in profit margins. However, by properly strategizing according to market needs, the soil stabilisation market is expected to recover from this global pandemic by the end of the third quarter of the coming year.
Recent Development
- Clean Earth, Inc. has acquired Phoenix Soil, LLC, a private company based in Plainville, Connecticut. This acquisition will assist the company in expanding its global cleaning opportunities through soil recycling.
- Sunil Hitech Engineers has acquired a 51 percent stake in I-Tech India, a global company that specialises in green road infrastructure and soil stabilisation.
- Tensar International Corporation (US) is investing heavily in research and development in order to gain a competitive advantage. This will aid the company's efforts to increase its sales volume.
- Because of increased construction activity, the North American region holds the largest market share in the global soil stabilisation market.
Global Agricultural Soil Stabilizing Agents Market Scope
The agricultural soil stabilizing agents market is segmented on the basis of method, additives, application and material. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Method
- Mechanical Method
- Chemical Method
Additives
- Polymers
- Synthetic polymers
- Bio polymers
- Mineral and Stabilizing Agents
- Portland cement
- Lime
- Fly ash
- Other mineral and stabilizing agents
- Other Additives
- Agricultural waste
- Sludge
- Chelates and salts
Application
- Open field application
- Greenhouse
Material
- Cement
- Lime
- Bitumen
- Chemicals
- Calcium chloride
- Sodium chloride
- Sodium silicate
- Electro-Osmosis
- Grouting
- Clay grouting
- Chemical grouting
- Chrome lignin grouting
- Polymer grouting
- Bituminous grouting
- Geotextiles
- Fabrics
Agricultural Soil Stabilizing Agents Market Regional Analysis/Insights
The agricultural soil stabilizing agents market is analysed and market size insights and trends are provided by country, method, additives, application and material as referenced above.
The countries covered in the agricultural soil stabilizing agents market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
South America dominates the agricultural soil stabilizing agents market due to increased use of soil stabilisation in the agricultural sector, for dust control, and erosion control, while Asia-Pacific is expected to grow during the forecast period of 2022-2029 due to an increase in construction activities and increased awareness about soil management practises.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Agricultural Soil Stabilizing Agents Market Share Analysis
The agricultural soil stabilizing agents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to agricultural soil stabilizing agents market.
Some of the major players operating in the agricultural soil stabilizing agents market are:
- AltaCrete (Canada)
- AggreBind Inc. (US)
- SNF Holding Company Inc. (US)
- Soilworks, LLC (US)
- Wirtgen Group (Germany)
- FAYAT SAS (France)
- The Volvo Group (Sweden)
- Caterpillar Inc. (US)
- SCR-Sibelco NV (Belgium)
- Adelaide Brighton Cement (Australia)
- Boral Limited (Australia)
- Tensar International Corporation (US)
- The Low & Bonar Group (UK)
- Carmeuse (Belgium)
- Graymont Limited (Canada)
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