Soil Treatment Market - Global Industry Analysis

Soil Treatment Market

Soil Treatment Market Size, Analysis, Share, Growth, Forecast 2020-2028

Category: Chemical & Materials Report Format : PDF Pages: 150 Report Code: ZMR-764 Published Date: Aug-2021 Status : Published

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Soil pollution is majorly caused by xenobiotic chemicals or alteration of natural activities. Improper dumping of industrial waste and sewage has resulted in high degree of contamination. Depletion of land for landfills has caused various industries to dump their waste openly on land or river which had intensely influenced by the fertile soil. Contamination of soil is linked to growth in industrialization and urbanization.There has been the huge necessity to satisfy the growing demand for food from the escalating population which is likely to assist the soil treatment market growth in the forecast period.

Rising pollution issues badly impact the soil making it infertile. To overcome this concern various government initiatives have been implemented among which, soil treatment is considered to be the most beneficial. This factor is expected to urge the augmentation of the soil treatment market in the coming years. Moreover, shrinkage of the arable land coupled with growing food demand from the rising population has led to high usage of soil treatment techniques leading to the high growth of the market. There has been the sharp rise in the agricultural sector to cope up with the requirement from diverse industrial applications is anticipated to incline the soil treatment market growth. However, lack of awareness for soil treatment among immature economies may hamper the growth of the soil treatment market. Nevertheless, upcoming novel technologies for dealing with soil pollution could open up ample opportunities for the soil treatment market in future.

Global-Soil-Treatment-Market

Soil treatment is either done using thermal, biological or physiochemical treatment. Based on the type the soil treatment market can be segmented as organic amendments, pH adjusters, and soil protection. The organic amendments can be further bifurcated as compost, animal dung, sewage sludge and crop residue among others. Organic amendments dominated the soil treatment market followed by soil protection which consists of pest and weed control in 2015. Crop residue is liable to specter huge growth in the foresee market. pH adjustors are expected to bulge out as a prominent segment in coming years owing to the high use of its sub-segments such as gypsum and aglime.

North America followed by Europe was the compelling market for soil treatment market in 2015. Growing usage of advanced technologies in farming coupled with shrinkage of arable land contribute to the splendid growth of soil treatment market in this region. Asia Pacific is expected to be the fastest growing region and is likely to maintain its pace over the period of years. This is mainly attributed to changing farming practices among farmer for high productivity. The agricultural sector is the major occupation in India where almost 45% of the populace gains earnings through agriculture.  Latin America is anticipated to witness lucrative growth over the years as agricultural is the principal base of Brazil coupled with technological advancement in farming in this region. The Middle East and Africa are likely to exhibit decent growth in the coming years due to abundant scope for agricultural activity in this region.

Some foremost players in soil treatment markets are Solvay S.A., Syngenta AG, Arkema S.A., Platform Specialty Products, Monsanto Company, BASF SE, American Vanguard Corporation, ADAMA Agricultural Solutions Ltd., Novozymes A/S, Kanesho Soil Treatment,  Agrofill S.R.L. and Chemtura Corporation among others.

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