PUBLISHER: IMARC | PRODUCT CODE: 1390793
PUBLISHER: IMARC | PRODUCT CODE: 1390793
The global soil treatment market size reached US$ 40.7 Billion in 2022. Looking forward, IMARC Group expects the market 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.
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.
IMARC Group 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. Our report has categorized the market based on type, technology and end user.
Organic Amendments
pH Adjusters
Soil Protection
Biological Treatment
Thermal Treatment
Physiochemical Treatment
Agricultural
Construction
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
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.