Asia Pacific Soil Conditioners Market

Asia Pacific Soil Conditioners Market Size, Growth, Trends and Forecast:

Asia Pacific Soil Conditioners Market was worth USD 3.84 billion in 2021 and estimated to be growing at a CAGR of 9.16%, to reach USD 6.40 billion by 2026.

Soil conditioners are materials that are added to soil in order to enhance their physical qualities, like fertility and also its mechanics. It comes under the category of soil amendments which includes many fertilizers and non-organic materials.

Soil conditioners have a wide range of applications. It is primarily used in order to compact the soil and improve its structure.  Compacting the soil decreases the growth of roots, preventing their absorption of nutrients and water from the soil. Soil conditioners are also used to enhance the quality of poor soils by adding substances into them like compost, clay, beneficial bacteria, and minerals like calcium and magnesium among others. A few additives greatly enhance the capability of soils to exchange cations. They can also be used to enhance the water-retaining capacity, especially in dry and coarse soils by adding additives like organic materials for example.

Asia Pacific Soil Conditioners Market Drivers:

The Asia Pacific Soil Conditioners market is driven by factors such as rising awareness about need for soil enhancement, technological advancements in agriculture like the use of precision agriculture techniques in soil and crop management, rising need for enhancement in the quality of soil, rising populations, and growing investment in research and development among others. However, the market is mainly constrained by a lack of awareness about soil conditioners in developing nations. 

 Asia Pacific Soil Conditioners Market Segmentation:

Asia Pacific Soil Conditioners Market – By Application:

• agricultural

• industrial segments

Asia Pacific Soil Conditioners Market – By Type:

• natural and synthetic segments

Asia Pacific Soil Conditioners Market – By Crop  Type:

• oilseeds and pulses
• cereals and grains
• fruits and vegetables

Asia Pacific Soil Conditioners Market – By Solubility:

• water-soluble
• hydrogels

The natural soil conditioners segment is expected to have the largest share in the soil conditioners market. Within soil conditioners, the polysaccharide derivatives segment is expected to have the largest market share. The hydrogels segment is expected to grow at the fastest rate in the market.

Key Players:

The Asia Pacific Soil Conditioners market is divided based on geography into India, China, Thailand, Australia, and other parts of the region. The Asia Pacific has the largest market in the world by share and is also the fastest-growing region. Some of the major players in the market include BASF SE (Germany), The Dow Chemical Company (U.S.), Evonik Industries AG (Germany), Akzo Nobel N.V. (Netherlands), and Solvay S.A. (Belgium), Croda International Plc (U.K.), Clariant International AG (Switzerland), Lambent Corp. (U.S.), Adeka Corporation (Japan), and Eastman Chemical Company (U.S.).