Global Soil Conditioners Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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Global Soil Conditioners Market Overview
"The Soil Conditioners Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
This report is based on synthesis, analysis, and interpretation of various sources of information gathered regarding the target market. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Soil conditioners are used to improve quality, mechanics, and fertility of soil. It is used to maintain the condition of soil, as well as rebuild damaged soil. The choice of soil conditioner depends on the type of soil and the crop that needs to be grown. Organic soil conditioners are used for organic farming. Use of soil conditioners primarily improves condition of the soil.
Growing awareness regarding condition of soil and its maintenance is expected to drive the global soil conditioners market. The availability of limited arable land, coupled with increasing demand for food, and increasing population are factors fueling the growth of the global market. Soil conditioner add and maintain nutritional level in the soil and also improves water retention ability of soil.
Soil conditioners also neutralize rising food security concerns, while assuring production of good quality yield, which are factors expected to propel global market growth. Furthermore, adoption of new farming techniques in developed, as well as developing economies is a factor expected to boost growth of the global soil conditioners market in the near future.
However, low adoption rate of soil conditioners is a factor that may hamper growth of the global soil conditioners market. Nevertheless, spreading awareness regarding advantages of soil conditioners through rigorous marketing activities and introduction of organic soil conditioners in developing and underdeveloped countries can create high revenue opportunities for players in the target market.
On the basis of solubility, the market is segmented into hydrogel and water soluble. Currently, water soluble segment dominates the global market in terms of revenue, owing to high preference for water soluble soil conditioners among end-users. In terms of revenue, water soluble segment expected to witness high growth in the near future.
Market in Asia Pacific accounts for major share in terms of revenue and is expected to high growth over the forecast period. Availability of large agricultural land is a key factor propelling growth of the target market in this region. In addition, growing adoption of new agricultural methods among end-users is another factor propelling growth of the target market in this region. Europe market is anticipated to account for second highest share in terms of revenue in the near future, increasing demand for organic soil conditioners is factor anticipated to boost growth of the target market in this region. Market in North America is anticipated to witness average growth in terms of revenue over the forecast period. The markets in Latin America and Middle East & Africa are expected to register moderate growth rate in the global soil conditioners market over the forecast period.
Global Soil Conditioners Market Segmentation:
Segmentation by type:
Segmentation by soil type:
Segmentation by solubility:
- Water Soluble
Segmentation by application:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BASF SE
- Syngenta AG
- Novozymes A/S
- The DOW Chemical Company
- Adeka Corporation
- Solvay S.A.
- Akzo Nobel N.V.
- Evonik Industries AG
- Eastman Chemical Company
- Vantage Specialty Chemicals, Inc.
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