Global Soil Conditioners Market was valued at US$ 5.30 Bn in 2019, and is expected to reach US$ 9.74 Bn by 2027, at a CAGR of 7.9 % during forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the Soil Conditioners market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in Soil Conditioners market.
This market research analysis the increasing awareness about soil management practices, and need for enhanced nutrient in soil are the factors behind the growth of the global Soil Conditioners market. Further, the global soil conditioners market is also driven by the factors such as advanced farming practices and ensuring food security. However, increasing preference for organic farming and toxicity caused by usage of synthetic conditioners may be restraints the soil conditioners market growth in near future. As a result, manufacturers have shifted their focus toward production of organic products. Lack of awareness regarding benefits of the product is also anticipated to hinder the growth of soil conditioners market.
Base on the Type, Natural soil conditioners segment dominated the market as their usage in soil conditioning is drew traditionally for several years. Natural soil conditioners have admirable properties such as improving soil structure and reduced compaction in soil along with ease of local availability and trending organic farming concepts are the key factors that are driving this segment market.
Based on the Soil type, Clay soil type segment dominated the market in 2017. Clay soil gets easily compacted and requires loosening of soil particles to support the better plant growth and increased water infiltration rate.
Based on the application, the agriculture application segment is projected to grow at a significant rate during forecast period, owing to Soil conditioners plays a prominent role for agricultural application with their ability to improve the soil fertility, texture, and quality.
Geographically, the Asia Pacific region dominated the global Soil Conditioners market and accounted for the largest share, in terms of both value and volume. Factors such as large population, vast agricultural land, wide acceptance of agricultural technologies and soil with poorly developed layers in countries of the Asia Pacific region are driving the factors behind the growth of the soil conditioners market.
Scope of the Global Soil Conditioners Market
Global Soil Conditioners Market, By Type
• Organic Soil Conditioners
• Chemical Conditioners
Global Soil Conditioners Market, By Solubility
Global Soil Conditioners Market, By Crop Type
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
Global Soil Conditioners Market, By Soil Type
Global Soil Conditioners Market, By Application
Global Soil Conditioners Market, by Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Players operating in the Global Soil Conditioners Market
• BASF SE
• Syngenta AG
• Novozymes A/S
• The DOW Chemical Company
• Adeka Corporation
• Solvay S.A.
• Akzo Nobel N.V.
• Evonik Industries AG
• Eastman Chemical Company
• Vantage Specialty Chemicals, Inc.
• Clariant International AG
• Croda International PLC
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