Brief Overview of Global Erosion Control Market
December 18, 2024
The global erosion control market is valued at USD 4.0 billion in 2024 and is expected to grow at 6.2% annually, reaching USD 7.2 billion by 2032. The growth is driven by rising infrastructure development, sustainability efforts, and increasing awareness of climate change.
In 2023, the market grew by 5.4% compared to the previous year. The construction sector remains the largest contributor, making up over 40% of the market, driven by the need for soil stabilisation in projects like roads, bridges, and urban development. The agriculture sector also saw growth, accounting for around 25% of the market, as more sustainable farming practices are adopted.
North America led the market with a 34% share in 2023, thanks to strong regulations and infrastructure projects. Asia-Pacific is the fastest-growing region, with a 6.1% growth rate, driven by rapid urbanisation and environmental concerns in countries like China, India, and Indonesia. This region is expected to make up 27% of the market by 2030.
The shift toward eco-friendly solutions is also growing, with products like biodegradable mats and geotextiles accounting for 30% of the market in 2023. This trend is expected to continue as demand for greener products rises. Overall, the market is benefiting from government investments, new technologies, and a strong focus on sustainability, driving demand for erosion control solutions in the years ahead.
Previous Year Snapshot
In 2023, the global erosion control market achieved a valuation of USD 3.8 billion, reflecting a 5.4% growth from 2022. Key drivers included stricter environmental regulations, increasing infrastructure investments, and a growing emphasis on sustainability.
North America led the market with 34% of global revenue, while Asia-Pacific recorded a 6.1% growth rate, driven by rapid urbanisation in nations like China and India. The construction sector dominated, contributing over 40% of market revenue, with agriculture also seeing significant adoption of erosion control solutions to combat soil degradation.