Pune India, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Soil Treatment Market Size By Technology (Biological Treatment, Physiochemical Treatment, and Thermal Treatment), By Type (pH Adjusters, Organic Amendments, and Soil Protection), Regions, Segmentation, and forecast till 2030.
The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and the Middle East and Africa. These are the key regions where the soil treatment market is operating and is predicted to expand soon. The manufacturers and suppliers involved in the soil treatment market are present across various countries in the above-mentioned regions.
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The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as the technology, type, and region. Apart from this, the key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the below paragraphs.
The significant players operating in the global soil treatment market are Monsanto Company, Solvay, AMVAC Chemical Corporation, BASF SE ADAMA India Private Limited, Bayer, SA Lime & Gypsum, SWAROOP AGROCHEMICAL INDUSTRIES, Soil Technologies Corp, Rallis India Limited, OHP, Kanseho Soil Treatment SRl/BV, Agro Phos India Limited, Element Solutions, Sardar Bio Chem, UPL, and Corteva, among others. To achieve a substantial market share in the worldwide soil treatment market and strengthen their position, manufacturers are pursuing expansion methods such as current developments, mergers and acquisitions, product innovations, collaborations, and partnerships, joint ventures.
Latest Development:
In March 2020, The Bayer Crop Science will introduce Divine Agri and Divine Integrate, two soil wetting chemicals that enhance nonwetting soils' ability to store water and penetrate it.
Soil treatment is the process of restoring the biological and physical makeup of soil, which is rapidly deteriorating as a result of industrialization. The natural components of the soil are being contaminated by chemicals and other industrial pollutants, such as particulate matter. Cleanup of contaminated soil and conversion to suitable agricultural soil are both possible through soil treatment. Additionally, it helps the soil become more fertile and productive. This process enhances soil health and aids in soil preservation. The biological treatment method, also known as bioremediation, employs microorganisms to break down organic toxins in the soil, such as oils or gasoline. The pollutants, site circumstances, and goal levels all affect how suitable bioremediation is. Over the course of the forecast period, it is predicted that the global soil treatment market will expand due to the rising demand for high-quality food grains brought on by the expanding population. It is anticipated that benefits of soil treatment, such as improved nutrient, physical, and biological content of soil, will favourably impact market growth over the next six years. The market is expected to be driven in the near future by soil treatment solutions, which improve soil qualities for plant growth by restoring microbial activity, enhancing moisture retention, and decreasing compaction. By improving the aeration and fertility of dry land, future soil and water remediation technologies are anticipated to improve market penetration in countries like Israel, the United Arab Emirates, and Saudi Arabia.
Scope of Soil Treatment Market Report
| Report Metric | Information |
| Study Period | 2022-2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Market Share Unit | USD Million |
| Segments Covered | Technology, type, and Regions |
| Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle-East and Africa |
| Major Players | Monsanto Company, Solvay, AMVAC Chemical Corporation, BASF SE ADAMA India Private Limited, Bayer, SA Lime & Gypsum, SWAROOP AGROCHEMICAL INDUSTRIES, Soil Technologies Corp, Rallis India Limited, OHP, Kanseho Soil Treatment SRl/BV, Agro Phos India Limited, Element Solutions, Sardar Bio Chem, UPL, and Corteva, among others. |
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Segmentation Analysis
The physiochemical treatment segment is expected to be the fastest-growing segment in 2022.
The technology segment is a biological treatment, physiochemical treatment, and thermal treatment. The physiochemical treatment segment is expected to witness the highest growth rate during the forecast period. This process, which includes extractive methods including stripping, flotation, and classification as well as chemical detoxification, removes or obliterates all pollutants from soil due to the high demand for it. The global market for physiochemical soil treatment was valued at USD 21,651.1 million in 2019 and is anticipated to reach USD 32,039.0 million by 2025, growing at a CAGR of 6.8% during that time.
The organic amendments segment is expected to be the fastest-growing segment in 2022.
The type segment is pH adjusters, organic amendments, and soil protection. The organic amendments segment is expected to witness the highest growth rate during the forecast period. Organic amendments are used to improve the soil's physical, chemical, and biological qualities rather than just addressing the issue of the soil's inadequate ability to retain water. Benefits of organic matter in the soil include increased nutrient and water content, cation exchange, and nutrient and water retention capacity. It increases the pH and texture of the soil while feeding microbes. These benefits suggest that the organic sector will have a substantial market revenue share.
Regional Analysis
The regional analysis provides a detailed perception of the key regions and the countries. Some of the key countries analyzed for the soil treatment include the US, Canada, Mexico, Germany, France, the U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, and Saudi Arabia.
- The North America region witnessed a major share. The North American soil treatment market is comprised of the US, Canada, and Mexico. Additionally, the United States may own a sizeable share of 30.1% within the forecast period. The market for soil treatment is rising as a result of the nation's efforts to keep the soil clean and its growing knowledge of the repercussions of soil contamination. Soil loss from erosion and flooding is one of the most significant problems affecting the environment and the agricultural sector in North American countries like Cuba.
Country Analysis
- Germany
Germany's soil treatment market size was valued at USD 3.07 billion in 2022 and is expected to reach USD 5.08 billion by 2030, at a CAGR of 6.5% from 2023 to 2030.
They are employing strategies, such as mergers and acquisitions, to expand their current market share (M&A). The rising bio-agrochemical sector and continued government support from numerous countries to boost agricultural production are projected to boost the market.
- China
China’s soil treatment market size was valued at USD 3.19 billion in 2022 and is expected to reach USD 5.39 billion by 2030, at a CAGR of 6.8% from 2023 to 2030.
Changing farming practises, an increase in population, and a rise in food demand are a few factors that are projected to spur soil treatment market expansion. In countries where there is a shortage of arable land, products for treating soil are becoming more and more popular. Utilizing these materials helps the soil retain moisture, reduces compaction, and stimulates microbial activity.
- India
India's soil treatment market size was valued at USD 2.45 billion in 2022 and is expected to reach USD 4.11 billion by 2030, at a CAGR of 6.7% from 2023 to 2030.
India must produce 300 million metric tonnes of grains in contrast to its 253 million metric tonnes of output in 2015. Soil fertility has diminished as a result of the overuse of chemical fertilisers and pesticides, which is a primary cause of the scarcity. As a result, farmers have been encouraged to use soil treatment chemicals to increase the effectiveness of their soil.
Covid-19 Impact
Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries.
Furthermore, the growth of the soil treatment market is mainly driven by the increase in consumer consumption.
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