Several countries such as India, Australia, and Ethiopia are investing in the use of lime for soil stabilization, owing to the growing emphasis on agriculture, especially in APAC and Africa.

In soil stabilization, a distinction is made between improving the soil and stabilizing it. Lime improves the paving properties and compactability of wet, cohesive soil.

Major players in the soil stabilization market are Caterpillar Inc., Volvo Construction Equipment, The Fayat Group, Wirtgen Group, Carmeuse Lime Inc., AltaCrete, SNF Holding Company Inc ...