Soil Conditioners Market

Soil Conditioners Market Size (2022 - 2027):

Soil Conditioners Market was worth USD 8.12 billion in 2021 and estimated to be growing at a CAGR of 8.42%, to reach USD 12.16 billion by 2026. Soil conditioners are materials that are added to soil in order to enhance their physical qualities, like fertility and also their mechanics. It comes under the category of soil amendments which include 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.

Market Drivers and Restraints:

The Soil Conditioners market is driven by factors such as rising awareness about the 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. 

SOIL CONDITIONERS MARKET REPORT COVERAGE:

Market Segmentation:

Soil Conditioners Industry – By Application:

• Agricultural

• Industrial

Soil Conditioners Industry – By Type:

• Natural
• Synthetic

Soil Conditioners Industry – By Crop:

• Oilseeds
• Pulses
• Cereals
• Grains
• Fruits
• Vegetables

Soil Conditioners Industry – By solubility:

• Water-soluble
• Hydrogels

Geographical Classification of the Market:

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa
• Rest of the World

North America has the second-largest market followed by the Asia Pacific region in terms of share.

Competitor Analysis and Key Players Mentioned in this Market are:

• BASF SE (Germany)
• The Dow Chemical Company (U.S.)
• Evonik Industries AG (Germany)
• Akzo Nobel N.V. (Netherlands)
• Solvay S.A. (Belgium)
• Croda International Plc (U.K.)
• Clariant International AG (Switzerland)
• Lambent Corp. (U.S.)
• Adeka Corporation (Japan)
• Eastman Chemical Company (U.S.)