Slope Stabilization & Erosion Control Product Market Report Overview
-
Request a Free Sample to learn more about this report
global slope stabilization & erosion control product market size was USD 1935 million in 2021 and market is projected to touch USD 4216.36 Million By 2031, exhibiting a CAGR of 8.1% during the forecast period.
The slope stabilization & erosion control product is also known as, slope protection system. It is an erosion control item that can also be used in slopes. It combines geotextiles with geocells to reinforce the soil, reduce rain run-off and enhance vegetation establishment on a slope or embankment. There are a few different types of Erosion Control products, but the three most common are geotextiles, geocells, and gabions. Increasing demand from developing countries for better infrastructure, rapid urbanization, and growing construction activities are driving the market.
The market progression can be credited to the upsurge in the demand due to increasing awareness of environmental impact. There is a growing awareness of the environmental impact of slope stabilization and erosion control products. As a result, manufacturers are developing products that are more environmentally friendly and sustainable.
COVID-19 Impact: Pandemic led to decrease in demand due to reduction of spending on infrastructure projects
The effects of the COVID-19 pandemic are already being felt on a global level, the global slope stabilization & erosion control product was significantly influenced. The outbreak of COVID-19 had a negative impact on several markets. Various countries went into lockdown. With sudden pandemic, all kinds of businesses observed disruptions. The pandemic had a significant impact on the chemicals & advanced materials as well. Pandemic led to the economic slowdown which has also affected the market, as many companies have had to reduce their spending on infrastructure projects, including slope stabilization and erosion control.
Latest Trends
"Use of Natural Materials to drive market trends"
There is a growing trend towards the use of natural materials for slope stabilization and erosion control, such as coir logs, straw wattles, and biodegradable erosion control blankets. These products are eco-friendly and help prevent further damage to the environment. The use of these products can help prevent damage to the environment, infrastructure, property and improve overall soil health and stability.
Slope Stabilization & Erosion Control Product Market SEGMENTATION
-
Request a Free Sample to learn more about this report
- By Type
Based on type, the global slope stabilization & erosion control market is divided into geotextiles, geocells and others.
- By Application
Based on application, the market is divided into transportation, hydraulic construction and others.
Driving Factors
"Increasing infrastructure development and government regulations to boost the product demand"
With the increasing demand for infrastructure development around the world, there is a greater need for slope stabilization and erosion control products to protect the surrounding land. Additionally, Governments around the world are increasingly implementing regulations to protect the environment from erosion. These regulations are driving the demand for slope stabilization and erosion control products. These factors are estimated to surge slope stabilization & erosion control product market growth.
"Growing construction industry to offer lucrative opportunities to the market"
The construction industry is growing rapidly, particularly in developing countries. It is used for the protection of earth banks to prevent soil erosion, landslides, or even bank collapse. This can be achieved by using a suitable slope stabilizer which helps in the prevention of water flow across slopes and prevents any kind of washout. It may also assist in providing high-strength support at steep angles along with embankment road cuts and fills with sticky soils that aren't easily stabilized when saturated.
RESTRAINING FACTORS
"Environmental Regulations and climate change to hinder market progress"
Environmental regulations can be strict in some regions, which can limit the types of materials and technologies that can be used for slope stabilization and erosion control. Climate change can lead to more severe weather events such as storms and floods, which can cause significant erosion and slope instability. This can increase the demand for slope stabilization and erosion control products but can also make it more challenging to design and install effective solutions.
Slope Stabilization & Erosion Control Product Market Regional Insight
-
Request a Free Sample to learn more about this report
"North America to dominate the market due to the strong presence of key players in the region"
North America is estimated to be the fastest-growing region in the overall market over the forecast period, owing to the presence of major players such as DowDuPont, BASF SE, and Saint-Gobain S.A., and increasing demand for slope stabilization & erosion control products in this region are some of the factors that are expected to drive the growth of the North American market.
Asia-Pacific likely to hold the second-largest share in the market. The growth of this region can be attributed to rising infrastructural investments by governments and an increase in awareness about safety measures among end-users. Additionally, growing urbanization and industrialization are also contributing to the growth of this market.
Key Industry Players
"Market Players to adopt various strategies to grow constantly"
The report delivers information about the list of market players and their operations in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- Propex Operating Company (U.S.)
- Tencate (France)
- Typar Geosynthetics (U.S.)
- North American Green (U.S.)
- Terram (Gujarat, India)
- Western Excelsior (U.S.)
- TENAX (U.S.)
- Shandong Dageng (China)
- Maccaferri (Italy)
- Atarfil (Maharashtra, India)
Report coverage
This report examines an understanding of the global slope stabilization & erosion control market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macroeconomic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 1935 Million in 2021 |
Market Size Value By |
US$ 4216.36 Million by 2031 |
Growth Rate |
CAGR of 8.1% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
-
What CAGR is the slope stabilization & erosion control product market expected to exhibit during 2024-2031?
The slope stabilization & erosion control product market is expected to exhibit a CAGR of 8.1% over 2024-2031.
-
Which are the driving factors of the slope stabilization & erosion control product market?
Increasing demand for infrastructure development, growing construction industry and government regulation.
-
Which are the top companies operating in the slope stabilization & erosion control product market?
Propex Operating Company, Tencate, Typar Geosynthetics, North American Green, Terram, Western Excelsior, TENAX, Shandong Dageng, Maccaferri and Atarfil are the top companies operating in the slope stabilization & erosion control product market.