The global soil treatment market size reached US$ 40.7 Billion in 2022. Looking forward, the market is expected to reach US$ 57.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.81% during 2022-2028.
Soil can be contaminated through numerous human activities, including unsafe utilization, storage, or disposition of hazardous substances. This can happen due to the inappropriate disposal of sewage, industrial waste, and agricultural chemicals. Besides this, soil contamination can deplete the aeration, nutrients, and moisture-holding capacity of the soil. As a result, there is a rise in the demand for soil treatment solutions around the world as they make contaminated soil usable for several purposes like agriculture. Soil treatment solutions enable users to control the location and application rate of the inoculant, protect inoculants from the adverse impact of pesticides and fungicides, and avoid damage to seed coats.
2. What is the expected growth rate of the global soil treatment market during 2023-2028?
3. What are the key factors driving the global soil treatment market?
4. What has been the impact of COVID-19 on the global soil treatment market?
5. What is the breakup of the global soil treatment market based on the type?
6. What is the breakup of the global soil treatment market based on the technology?
7. What is the breakup of the global soil treatment market based on the end-user?
8. What are the key regions in the global soil treatment market?
9. Who are the key players/companies in the global soil treatment market?
Soil can be contaminated through numerous human activities, including unsafe utilization, storage, or disposition of hazardous substances. This can happen due to the inappropriate disposal of sewage, industrial waste, and agricultural chemicals. Besides this, soil contamination can deplete the aeration, nutrients, and moisture-holding capacity of the soil. As a result, there is a rise in the demand for soil treatment solutions around the world as they make contaminated soil usable for several purposes like agriculture. Soil treatment solutions enable users to control the location and application rate of the inoculant, protect inoculants from the adverse impact of pesticides and fungicides, and avoid damage to seed coats.
Soil Treatment Market Trends
Rapid urbanization, along with the growing population globally, has resulted in decreasing arable land and increasing food shortages. This, coupled with the escalating demand for high-quality food grains, represents one of the key factors positively influencing the sales of soil treatment solutions worldwide. Additionally, rising health consciousness among individuals on account of the surging cases of chronic diseases is propelling the demand for organic food across the globe. This, in turn, is strengthening the growth of the market. Soil treatment solutions improve the nutrient, physical and biological content of soil by balancing its pH, restoring microbial activity, and increasing moisture retention. Furthermore, leading companies are considerably investing in research and development (R&D) activities to innovate existing solutions and introduce sustainable techniques for increasing market penetration. Besides this, they are adopting strategies, such as mergers and acquisitions (M&A), to expand their current market share. The burgeoning bio-agrochemical sector and constant support from governing authorities of various countries to improve crop production are anticipated to impel the market growth.Key Market Segmentation
This research provides an analysis of the key trends in each sub-segment of the global soil treatment market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on type, technology and end user.Breakup by Type:
- Organic Amendments
- pH Adjusters
- Soil Protection
Breakup by Technology:
- Biological Treatment
- Thermal Treatment
- Physiochemical Treatment
Breakup by End User:
- Agricultural
- Construction
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Latin America
- Brazil
- Mexico
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being AMVAC Chemical Corporation (American Vanguard Corporation), Arkema S.A., BASF SE, Bayer AG, Compagnie de Saint-Gobain S.A., Corteva Inc., Novozymes A/S, Solvay S.A., Swaroop Agrochemical Industries, Syngenta Group (China National Chemical Corporation), Tata Chemicals Ltd. and UPL Limited.Key Questions Answered in This Report
1. What was the size of the global soil treatment market in 2022?2. What is the expected growth rate of the global soil treatment market during 2023-2028?
3. What are the key factors driving the global soil treatment market?
4. What has been the impact of COVID-19 on the global soil treatment market?
5. What is the breakup of the global soil treatment market based on the type?
6. What is the breakup of the global soil treatment market based on the technology?
7. What is the breakup of the global soil treatment market based on the end-user?
8. What are the key regions in the global soil treatment market?
9. Who are the key players/companies in the global soil treatment market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Soil Treatment Market
6 Market Breakup by Type
7 Market Breakup by Technology
8 Market Breakup by End User
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
Companies Mentioned
- AMVAC Chemical Corporation (American Vanguard Corporation)
- Arkema S.A.
- BASF SE
- Bayer AG
- Compagnie de Saint-Gobain S.A.
- Corteva Inc.
- Novozymes A/S
- Solvay S.A.
- Swaroop Agrochemical Industries
- Syngenta Group (China National Chemical Corporation)
- Tata Chemicals Ltd.
- UPL Limited
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 138 |
Published | November 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 40.7 Billion |
Forecasted Market Value ( USD | $ 57.1 Billion |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |