Soil Treatment Market Growth, Trends, Forecast and Value Chain 2016-2021
Zion Research has published a new report titled “Soil Treatment (pH Adjusters, Soil Protection, and Organic Amendments) Market by Technology (Biological, Physiochemical, and Thermal): Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report, global demand for soil treatment market was valued at over USD 24.00 billion in 2015, is expected to reach above USD 39.50 billion in 2021 and is anticipated to grow at a CAGR of above 8.0% between 2016 and 2021.
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Soil contamination is typically caused by agricultural chemicals, improper disposal of waste, industrial activity. Polluted soil lacks in nutrients, soil structure, water holding capacity, etc. Soil treatment is necessary to overcome the difficulties caused by pollution and to improve soil condition by increasing moisture intention, balancing pH, inducing microbial growth. Soil treatment has been developed in scientific manner where cooperation from different fields such as soil, engineering, geology, chemistry, environmental planning, and microbiology are imperative. Different kinds of techniques for soil treatment like chemical, biological, thermal are used individually or in combination.
Ever rising population and shrinking arable land is expected to boost the demand for soil treatment. Agricultural sector is growing across the world. Government initiatives for creating vigilance among people towards prevention and treatment of soil ensure in generating market for soil treatment. However, negligence, lack of information and knowledge among the undeveloped and developing countries is major constrain for the soil treatment market. Blooming of soil remediation technologies principally concentrating on aeration and fertility of unproductive lands is expected to reinforce soil treatment market diffusion.
Advance technologies are used in soil treatment, like biological, physiochemical and thermal treatment which are further diverge into biosparing, phytoremediation, bioventing, bioremendiation are biological treatment methods. Physiochemical treatment includes electric resistant heating, soil flushing, chemical oxidation. Soil protection, pH adjusters, and Organic amendments are type segments of soil treatment market. In 2012 – 13, weed and pest control types of soil treatment having highest market value and predicated to remain top over minimum next five years. Crop residue, Sewage Sludge, Animal Dung, Compost are types of organic amendments. The rapidly expanding segment is crop residue where as aglime and gypsum is widely used pH adjusters for soil treatment.
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North america dominated global soil treatment market in 2015. North America followed by Europe in terms of revenue. Asia Pacific is expected to be the fastest growing region owing to rising food requirement among the population. Further, high investments from several multinational manufacturers, especially in countries such as China, India, and Japan is expected to boost the demand for soil treatment in this region.
Key players in soil treatment market includes The Dow Chemical Company, Soil Technologies Corp, Amvec Chemical Corporation, Chemtura Corporation, Solvay S.A., Monsanto Company, Arkema S.A., Agrofill S.R.L., Syngenta, BASF, DuPont.
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