iCrowdNewswire Jan 18, 2021 8:54 AM ET
The amount of crop-loss due to poor soil quality is rising, which is a great concern among the crop cultivators in this region. Soil conditioners are primarily added for enhancing soil quality. Growing food security concern and increasing demand for food are driving the growth of the soil conditioners market. Additionally, high acceptance for natural soil conditioners such as compost, sewage sludge, crop residue and manure is adding fuel to the growth of the soil conditioners market.
Furthermore, increasing consumption of natural soil conditioners for producing organic fruits and vegetables and cereals has surged the demand for soil conditioners in the European market. However, soil toxicity caused due to excessive use of synthetic soil conditioners may hinder the market growth over the forecast period.
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Major Key Players
- The Dow Chemical Company (U.S.)
- BASF SE (Germany)
- Akzo Nobel N.V. (the Netherlands)
- Solvay S.A. (Belgium)
- Clariant International AG (Switzerland)
- Croda International PLC (U.K)
- Adeka Corporation (Japan)
- Vantage Specialty Chemicals, Inc. (U.S.)
- Eastman Chemical Company (U.S.) and
- Syngenta AG (Switzerland)
Global Soil Conditioners Market are segmented on the basis of type, which includes natural and synthetic soil conditioners. Among both, the natural soil conditioners hold the major market share followed by synthetic. The primary reason for the growth of the natural soil conditioners is their extensive use for increasing soil fertility.
On the basis of the soil type, the soil conditioners market is segmented in peat, loam, sand, silt, clay, and others. Among all the soil types, the loam is dominating the market followed by peat due to the high productivity of crops in loamy soil.
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The global soil conditioners market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the soil conditioners market followed by Europe. India has been accounted for a higher use of soil conditioners for enhancing soil fertility owing to increasing awareness among farmers about the benefits of using soil conditioners. Furthermore, high demand for soil conditioners for sandy soil among the cultivators for enhancing aeration and soil porosity is considered to be a key driving factor in this region.
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