Soil Conditioners Market Total Revenue Will Go Above 7.83 Billion USD by 2022

CITY – Northbrook, Country – USA, 2020-Apr-06 — /EPR Network/

The global soil conditioners market size was valued at USD 4.90 Billion in 2016 and is projected to be valued at USD 7.83 Billion by 2022 with a CAGR of 8.16%.The market growth is driven by increasing awareness about soil management practices, and need for enhanced nutrient in soil. The market is further driven by the factors such as advanced farming practices and ensuring food security.

Browse 93 Market Data Tables and 35 Figures spread through 146 Pages and in-depth TOC on “Soil Conditioners – Global Forecast to 2022”

The growth of the soil conditioners market is driven by the increased awareness on soil management. On the other hand, low adoption rate is a major restraint to the soil conditioners market. Soil conditioners find multiple applications in the agricultural sector, as well as the industrial sector, which includes tunneling and mining, hence creating more business opportunities for the soil conditioners market.

Natural soil conditioners segment dominated the market as their usage in soil conditioning is traced traditionally for several years. Natural soil conditioners properties such as improving soil structure and reduced compaction in soil along with ease of local availability and trending organic farming concepts are the key factors that are driving this segment market. Within natural soil conditioners, polysaccharide derivatives accounted for the major share in 2016.

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The agricultural applications segment accounted for a larger share in the soil conditioners market in terms of both, value and volume, in 2016. A soil conditioner plays a prominent role for agricultural application with their ability to improve the soil fertility, texture, and quality. Moreover, soil conditioners are also used for tunneling and mining purposes to loosen the soil for easy excavation and to stabilize the excavated soil.

The application of soil conditioners in clay soils is projected to grow at the highest rates compared to other soil types as clay soil gets easily compacted and requires loosening of soil particles to support the better plant growth and increased water infiltration rate. Other soil types such as sandy and peat soils require soil conditioners for enhanced water holding capacity.

The Asia-Pacific region comprises developing countries with vast agricultural lands; the per capita income of the region depends on agricultural activities. Agricultural technologies are widely accepted and practiced in this region. Asia-Pacific dominates the soil conditioners market, with China and Australia & New Zealand leading the market.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as BASF SE (Germany), The Dow Chemical Company (U.S.), Akzo Nobel N.V. (Netherlands), Evonik Industries AG (Germany), Solvay S.A. (Belgium), Croda International Plc (U.K.), and Clariant International AG (Switzerland).

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