Soil Treatment Market Innovative Report Growth Impact over the Forecast Year (2020 – 2027): Bayer, Amvac Chemical, BASF, Arkema, Camson Bio Technologies, Certis, China Shenghua Group Agrochemical Company, Chemtura

Rising high quality food grains demand owing to increasing population is expected to drive global soil treatment market over the forecast period. Benefits associated with soil treatment such as improved nutrient, physical and biological content of soil are anticipated to positively impact market growth over the next six years. Additionally, soil treatment products improves soil conditions for plant growth by balancing pH, restore microbial activity, increases moisture retention and reduce compaction which is projected to drive the market in near future.

Upcoming soil and water remediation technologies particularly focusing on improving aeration and fertility of barren lands is estimated to bolster soil treatment market penetration in countries such as Israel, UAE and Saudi Arabia. Increasing demand for herbicide tolerant seeds is anticipated to hinder market growth.

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Major Players operating in market includes: Bayer, Amvac Chemical, BASF, Arkema, Camson Bio Technologies, Certis, China Shenghua Group Agrochemical Company, Chemtura among others

Global soil treatment market is dominated by developed economies such as North America and Europe. The market in these regions is poised to witness significant growth over the next six years owing to rising concerns for arable land. Asia Pacific is projected to witness rapid growth rates over the forecast period on account of improving agricultural industry coupled with favourable government initiatives such as ‘Make in India’.

Soil treatment products demand is expected to witness significant growth in emerging economies such as India, China, and Indonesia over the forecast period owing to rapid growth in agricultural sector. Soil treatment techniques are gaining popularity in countries particularly in Israel, Saudi Arabia, UAE, South Korea and Australia on account of low arable land. Increasing demand for improved fertility and aeration in these regions is expected to fuel market growth over the next few years.

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On the basis of products, soil treatment market has been segmented into organic amendments, pest controller, weed controller and pH adjusters. Weed and pest control soil treatment products had the largest market share in 2013 and are anticipated to remain the dominant segments over the next six years. Crop residue has been the largest and fastest growing segment in organic amendments. Gypsum and Aglime were the major pH adjusters employed for soil treatment.

Technological advancements coupled with increasing R&D for implementing low cost soil treatment techniques in emerging economies is expected to propel market growth over the forecast period.

Leading companies in global market have been investing heavily in R&D for product development which is expected to create huge opportunities for the market participants over the next six years. Companies have been developing sustainable techniques and integrating water and soil treatment procedures to increase market penetration. Major players are adopting strategies such as mergers & acquisitions and JVs to gain market share.

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