Soil Treatment Market Poised for a Flourishing Future 2024-2031

Soil Treatment Market to reach over USD 72.96 billion by the year 2031 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Soil Treatment Market Size, Share & Trends Analysis Report By Technology (Physiochemical Treatment, Biological Treatment, Thermal Treatment), By Type (Organic Amendments, pH Adjusters, Soil Protection), Region, Market Outlook And Industry Analysis 2031"

The global Soil Treatment market is estimated to reach over USD 72.96 billion by 2024-2031, exhibiting a CAGR of 6.3% during the forecast period.

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Converting less valuable and contaminated soil into usable agricultural soil is known as "soil treatment." Essentially, a soil conservation procedure enhances soil quality for superior crop yield. Additionally, it enhances the soil's efficacy and fertility. One of the main factors propelling the growth of the soil remediation industry worldwide is the loss of agricultural land. Growing awareness of the procedure's many benefits-improved soil nutritional, physical, and biological quality and better agricultural techniques-is causing the industry to grow more quickly.

The reduction in the amount of arable land accessible for crop production is driving the global market for soil remediation. Because of the increasing industrialization and urbanization, modern buildings gradually encroach on farmland and pollute agricultural plots. This puts a premium on soil protection for food production and benefits the soil treatment industry. Soil treatment is also used to clean up soil contaminated by industrial waste, bacterial pollution, pesticides, herbicides, insecticides, and other compounds that may affect soil quality.

List of Prominent Players in the Soil Treatment Market:

• SA Lime & Gypsum
• SAINT GOBAIN, Rallis India Limited,
• Sardar Bio Chem,
• Soil Technologies Corp,
• Soil works LLC
• Solvay
• Southern Petrochemical Industries Corporation (SPIC) Limited
• SWAROOP AGROCHEMICAL INDUSTRIES,
• Terracottem Australasia Pty Ltd,
• Terramanus Technologies LLC,
• UPL Limited,
• ADAMA India Private Limited
• Agro phos india limited
• American Vanguard Corporation
• AMVAC Chemical Corporation
• BASF SE
• BAYER crop science AG,
• Corteva AgriScience
• DOWA ECO-SYSTEM Co. Ltd.
• Element Solutions
• International Rehabilitation and soil stabilization services,
• ISAGRO spa
• Kanseho Soil Treatment SRl/BV
• Monsanto Company
• Novozymes A/S
• OHP, inc.,
• Platform specialty products,
• Rallis India Limited

Market Dynamics:
Drivers-
Synthetic pesticides and fertilizers have been shown to affect the environment and human health. Due to the significant environmental impact caused by synthetic fertilizers, several projects are being undertaken to improve agricultural management approaches. According to the United Nations and the Food and Agriculture Organization, synthetic fertilizers account for 13% of all agricultural greenhouse gas (GHG) emissions. Leading corporations and non-governmental organizations encourage sustainable farming practices by providing financial assistance and subsidies for agricultural microorganisms, which are vital components of such approaches.

Challenges:

The prime challenge was the abrupt COVID-19 pandemic breakout, which had caused the imposition of strict lockdown laws across several nations, delaying R&D efforts to introduce novel soil remediation options.

Regional Trends:

North America reported the largest agricultural microbials market share in 2021. Farmers are becoming more conscious of the environmental benefits of such bacteria, and organic agriculture practices are growing more popular. By establishing enabling legislative and regulatory frameworks, the region promotes the use of microorganisms. Organizations such as the National Science Foundation (NSF) and the United States Department of Agriculture (USDA) encourage research and development projects in order to enhance microbial diversity and secure a long-term supply of plant-associated microbes. Furthermore, the key players in the field are focusing on developing novel products and strategic collaborations to deliver microbiological solutions for productive and sustainable farming.

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Recent Developments:
• In May 2023, UPL Ltd. announced a collaboration with Biome Makers to understand better the beneficial effects of UPL's natural solution inputs on soil health. UPL will employ Biome Makers' BeCrop® Test technology in a series of worldwide experiments across diverse regions and cropping systems to learn more about the modes of action of its inputs. The results of these experiments will be used to drive future product development and to help producers make better-informed decisions regarding their agricultural techniques.

Segmentation of Soil Treatment Market-

By Technology-
• Physiochemical Treatment
• Biological Treatment
• Thermal Treatment

By Type-
• Organic Amendments
• pH Adjusters
• Soil Protection

By Region-
North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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