CHEMICAL Soil Stabilization Materials Market | Page 4

Soil Stabilization Materials Market Analysis
Future Market Insights presents a detailed analysis and delivers key insights on the global soil stabilization
materials market in its latest report titled “Soil Stabilization Materials Market: Global Industry Analysis
2013–2017 and Opportunity Assessment 2018–2028”. The long-term outlook of the global soil
stabilization materials market remains positive with the soil stabilization materials value pegged at over
US$ 15.7 Bn in 2018. It is expected to reach US$ 29 Bn by the end of 2028, growing with a healthy CAGR
of 6.6%. Among the segments by material type, the minerals & stabilizers segment is estimated to hold a
dominant share in terms of value over the forecast period. Under the minerals & stabilizers segment, the
lime sub-segment is expected to be at the forefront throughout the forecast period. However, the
polymer segment is expected to grow with a relatively higher CAGR, with significant growth in value
share. Among all regions, China is expected to dominate the global soil stabilization market throughout
the forecast period with a healthy CAGR of 7.0%. In this report, FMI sheds light on the drivers and
restraints expected to impact the global soil stabilization materials market during the forecast period.
Soil Stabilization Materials Market: Dynamics
The global soil stabilization materials market is expected to witness robust growth during the forecast
period, mainly driven by the rapidly growing construction industry. Rapid population growth and
escalated urbanization have boosted the building and construction industry in developing
countries. Also, the increasing demand for sustainable infrastructure and increasing need for efficient
road transportation to facilitate effective global & international trade are expected to surge the soil
stabilization materials market across the globe
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