Soil Conditioners - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Soil Conditioners market is accounted for $1.45 billion in 2018 and is expected to reach $3.36 billion by 2027 growing at a CAGR of 9.8% during the forecast period. Some of the key factors propelling the market growth are boost in awareness regarding soil management practices and development in farming practices. However, buying low-quality goods by farmers is the restraining factor for the growth of the market.
Soil conditioners are natural or synthetic materials, which are usually applied to soil to get better the physical properties of soil. Soil conditioners help to boost the water retention property of soil, thus helping in the suitable growth and advance of crops. Soil conditioners also improve the aeration in soil, which helps get better the fertilizer uptake. In addition, it also decreases the soil compaction which allows the comprehensive root penetration.
By crop type, cereals & grains segment is expected to grow at the significant market share during the forecast period due to augment in population and food demand, the essential necessity of farmers is to enlarge the yield of cereals & grains in a sustainable way. Soil conditioners, such as surfactants and natural polysaccharide derivatives, are likely to get better the superiority and capacity of cereals & grain crops. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to increasing population coupled with augmented agricultural activities is likely to result in elevated dependency on conditioners on account of instant recycle of land. Compost is the most extensively used soil additive in Asia Pacific market.
Some of the key players in Soil Conditioners Market include Adeka Corporation , Akzo Nobel N.V, BASF SE , Clariant International Ag, Croda International Plc , Eastman Chemical Company, EUROLIGNITE LLC, Evonik Industries Ag, Lambent Corp, Novozymes A/S , Sichuan Bestluck Chemical Co., Ltd , Solvay S.A, Syngenta Ag, The Dow Chemical Company and Vantage Specialty Chemicals, Inc.
• Synthetic Soil Conditioners
• Natural Soil Conditioners
• Water Soluble
Soil Types Covered:
Crop Types Covered:
• Cereals & Grains
• Oilseeds & Pulses
• Plantation and Ornamental Crops
• Forage Crops
• Construction & Mining
• Sports Turf
• Garden Lawns
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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