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Soil Treatment Market by Type (Organic Amendments, pH Adjusters, and Soil Protection) and Technology (Thermal, Biological, and Physiochemical): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09961
Pages: NA
Jun 2021 | 278 Views
 
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The global soil treatment market is showing exponential growth, and is expected to in the coming years. Soil treatment is used to treat soil that is contaminated with chemicals, wastes, or oil that decrease its fertility and affect the production of crops, which can affect the health of consumers. Pollution, disposable of industrial waste, agriculture chemicals, and other harmful insects that destroy the crop quality are the key reasons for soil pollution. Pollution depletes the nutrients and moisture of the soil, thus, soil treatment is essential to enhance crop quality and field quality. . Vegetables are essential for a healthy lifestyle, hence, their quality depends on the soil.  There are different types of soil treatments and innovative technologies that help the soil to restore its fertility and nutrients. Governments are taking many initiatives to improve the production of food to increase the supply and ensure the safety of the product. The soil treatment market is fragmented into type, technology, and region.

Market scope and structure analysis

Report Metric

Details

Market size available for years

2020–2027

Base year considered

2019

Forecast period

2021–2027

Forecast unit

Value ($USD)

Segments covered

Type, Technology, and Region

Regions covered

North America (U.S, Mexico, and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), and LAMEA (Middle East, Brazil, and Rest of LAMEA)

Companies covered

Chemtura Corporation, ADAMA Agricultural Solutions Ltd., Novozymes A/S, Kanesho Soil Treatment, Agrofill S.R.L., Solvay S.A., Syngenta AG, Arkema S.A., Platform Specialty Products, Monsanto Company, BASF SE, and American Vanguard Corporation

 

COVID-19 scenario analysis

  • The COVID-19 has severely affected the soil treatment market.
  • The demand for soil treatment has decreased drastically due to the implementation of lockdown.
  • Production of crops has decreased due to a dearth in availability of labor and high demand for vegetables, which has further led to increase in the supply–demand gap.
  • The demand for organic chemicals has shown downfall.
  • China, being the key exporter of the organic chemicals, has halted the production as well as the supply.
  • Lack of raw material has decreased the production function, which has disrupted the supply chain.
  • Thus, downfall in the agriculture sector has negatively impacted the GDP across the globe.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Increase in dependence of population on agriculture is the key factor that drives the growth of the soil treatment market. Furthermore, rapid urbanization and increase in population boost the demand for food products. Moreover, increase in consumption of green vegetables and fruits is anticipated to fuel the demand for soil treatment. Furthermore, rise in use of pesticides and alarming surge in pollution have decreased the quality and nutrients of the soil, which, in turn, augment the need for soil treatment, thereby propelling the  market growth.

However, lack of awareness about new techniques and technologies among consumers act as threat to the global market. Availability of substitute products further hamper the growth of the market. Moreover, changing environmental conditions hampers the soil quality.

On the contrary, increase in income has supported the growth of the soil treatment market. In addition, government support by providing subsidies have created an opportunity for the growth of the global market. Moreover, increase in awareness about the benefits of soil treatment has contributed toward the growth of the global market.

Key segments covered

Segment

Sub segment

Type

  • Organic Amendments
  • pH Adjusters
  • Soil Protection

Technology

  • Thermal
  • Biological
  • Physiochemical

Key Benefits of the Report:

  • This study presents the analytical depiction of the global soil treatment industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global soil treatment market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global soil treatment market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.

Questions answered in the global soil treatment market research report:

  • Which are the leading market players active in the global soil treatment market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
 
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