Soil Amendment Market Competitive Landscape, Strategic Assessment and forecast till 2028 | Solvay S.A., BASF SE, DOW Chemical Company, Akzo Nobel N.V., Eastman Chemical Company, Novozymes A/S, Evonik Industries

The Soil Amendment market is expected to rise due to factors such as changing climatic conditions, increasing concerns about soil health, and rising demand for high-value crops. Manufacturers in the soil amendments industry will benefit from the incorporation of soil amendments into fertilizer formulations. However, the market's growth is expected to be hampered by the availability of adulterated and low-quality goods.

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Increasing demand for fertile soil and increased farmer knowledge of soil health are both contributing to the market's revenue growth. Organic soil additives, such as humus, have long been known to help with root growth. As a result, increasing demand for organic soil amendments, especially among soil scientists looking to boost fertility, and a growing preference for adding organic matter to soil in order to release constituent nutrient elements into inorganic forms are driving market revenue growth. Furthermore, soil amendments impact soil fertility by affecting the soil's water-holding capability. As we know, organic matter helps to bind water.

The addition of organic matter helps in the binding of water as well as certain inorganic molecules that function as macro- or micronutrients, resulting in a substantial increase in demand for organic soil amendments on the market.

According to a study by the Soil Science Society of America, organizations like the Land Institute and the American Farmland Trust are assisting farmers in finding low-cost soil management alternatives and enabling them to replenish the soil using natural soil amendments and conditioners. Farmers' recognition and crop-cultivation programs, such as terrace and temporary cover crops, have helped to mitigate soil erosion. This will promote the growth of the industry.

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Growth Drivers that Support the Global Soil Amendment Market:

• Government funding and increasing understanding of the benefits of soil quality have fueled the growth of the European market. Furthermore, the implementation of strict regulations is generating lucrative growth opportunities for market participants.

• Due to the region's rising soil depletion, the North American market is projected to continue to have the highest revenue share. Furthermore, increased industrial activity is causing soil erosion in North America. Furthermore, the area is home to a slew of mining operations, which leave the soil barren and vulnerable to rain and wind erosion. As a result, demand for soil amendments is growing significantly in countries throughout the region, fueling the market's revenue growth.

• During the forecast era, the Asia Pacific market is projected to expand at the fastest pace across all regional markets. Rapid soil degradation due to insufficient infrastructure is driving market growth in the region. Furthermore, because of the immediate reuse of land, an expanding population combined with rising agricultural activities is expected to result in a high reliance on soil amendments.

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Companies are keen to expand their Global Foot-Print. Major companies functioning in the global Soil Amendment Market are Solvay S.A., BASF SE, DOW Chemical Company, Akzo Nobel N.V., Eastman Chemical Company, Novozymes A/S, Evonik Industries AG, Nutrien Ltd, Croda International PLC, ADAMA Ltd, Aquatrols, Sanoway GmbH

Market Segmentation:

By Type:
• Natural
• Synthetic
• Others

By Application:
• Agricultural
• Industrial
• Others

By Region:
• North America
◦ North America, by Country
▪ US
▪ Canada
▪ Mexico
◦ North America, by Type
◦ North America, by Application

• Western Europe
◦ Western Europe, by Country
▪ Germany
▪ UK
▪ France
▪ Italy
▪ Spain
▪ The Netherlands
▪ Rest of Western Europe
◦ Western Europe, by Type
◦ Western Europe, by Application

• Asia Pacific
◦ Asia Pacific, by Country
▪ China
▪ India
▪ Japan
▪ South Korea
▪ Australia
▪ Indonesia
▪ Rest of Asia Pacific
◦ Asia Pacific, by Type
◦ Asia Pacific, by Application

• Eastern Europe
◦ Eastern Europe, by Country
▪ Russia
▪ Turkey
▪ Rest of Eastern Europe
◦ Eastern Europe, by Type
◦ Eastern Europe, by Application

• Middle East
◦ Middle East, by Country
▪ UAE
▪ Saudi Arabia
▪ Qatar
▪ Iran
▪ Rest of Middle East
◦ Middle East, by Type
◦ Middle East, by Application

• Rest of the World
◦ Rest of the World, by Country
▪ South America
▪ Africa
◦ Rest of the World, by Type
◦ Rest of the World, by Application

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