Press release
Soil Treatment Market to Grow with Increasing Adoption of Biological and Physiochemical Soil Remediation Techniques
Soil Treatment Market
The global Soil Treatment market is estimated to reach over USD 48.1 Bn by the year 2034, exhibiting a CAGR of 6.0% during the forecast period.
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Soil treatment involves the restoration and enhancement of contaminated or degraded soil to make it suitable for agricultural use. This process plays a pivotal role in soil conservation initiatives by improving soil health and fertility, thereby supporting optimal crop productivity. A key driver of growth in the global soil remediation market is the escalating loss of arable land on a global scale.
The market is experiencing robust expansion, largely due to increasing awareness of the benefits associated with soil treatment, including improvements in the soil's nutritional composition, physical structure, and biological functionality. Additionally, the adoption of advanced agricultural methods further supports this upward trend. Rapid urbanization and industrial development have significantly reduced the availability of cultivable land, often resulting in the contamination of existing agricultural zones. This highlights the urgent need for effective soil preservation strategies to ensure long-term food security, thereby fueling demand for soil treatment solutions.
Furthermore, soil treatment is widely utilized in the remediation of land impacted by various pollutants, such as industrial by-products, microbial contaminants, and chemical residues from pesticides, herbicides, and insecticides. These contaminants severely degrade soil quality, reinforcing the necessity for comprehensive soil remediation practices.
List of Prominent Players in the Soil Treatment Market:
• 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
• 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,
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Market Dynamics
Drivers:
The detrimental effects of synthetic pesticides and fertilizers on both the environment and human health have become increasingly evident, prompting a shift toward more sustainable agricultural practices. Recognizing the environmental risks associated with chemical fertilizers-responsible for approximately 13% of global agricultural greenhouse gas (GHG) emissions, as reported by the United Nations and the Food and Agriculture Organization-governments, corporations, and non-governmental organizations are actively encouraging environmentally responsible farming methods. These efforts include financial incentives and subsidies aimed at promoting the use of agricultural microorganisms, which are integral to sustainable crop management.
Challenges:
The soil remediation sector encountered significant setbacks due to the unforeseen onset of the COVID-19 pandemic. Lockdown measures and mobility restrictions imposed in various countries disrupted operations, particularly affecting research and development activities focused on the advancement of innovative soil remediation technologies.
Regional Trends:
In 2021, North America emerged as the leading market for agricultural microbiological products. This dominance can be attributed to the region's increasing awareness among farmers regarding the ecological benefits of microbial-based solutions and the growing adoption of organic farming techniques. Supportive policy frameworks and regulatory guidelines have further facilitated the integration of these technologies.
Institutions such as the United States Department of Agriculture (USDA) and the National Science Foundation (NSF) are actively funding R&D initiatives aimed at expanding microbial diversity and securing sustainable sources of plant-associated microbes. Moreover, industry leaders in the region are investing in product innovation and strategic partnerships to enhance the availability and effectiveness of microbiological solutions in modern agriculture.
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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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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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