CHEMICAL Soil Stabilization Materials Market | Page 5

Soil Stabilization Materials Market Analysis
Soil Stabilization Materials Market: Segmentation Analysis
The global soil stabilization materials market has been segmented on the basis of application type into
industrial, non-agriculture and agriculture.
On the basis of application, the industrial segment is estimated to dominate the global soil stabilization
materials market in terms of value over the forecast period
Under the industrial segment, the roads and runways sub-segment is expected hold the lion’s share in terms of
value and grow with a significant CAGR of 7.2%
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Soil Stabilization Materials Market: Regional Forecast
From a regional perspective, China, North America and Western Europe are expected to collectively account for
over a 70% value share in the global soil stabilization materials market. All the regions are expected to witness
sound growth, except Japan, which is expected to exhibit slow growth with a CAGR below 5%. Regions such as
North America and Asia Pacific are expected to register significant growth with CAGRs above 7%. The growth of
the construction industry across the globe and the launch of new governmental projects in developing and
developed economies are projected to drive the demand for soil stabilization materials.
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