The North American soil conditioners market size is expected to reach USD 5.24 billion in 2024 and reach USD 7.85 billion by 2029, growing at a CAGR of 8.42% from 2024 to 2029.
Soil conditioners are materials that are added to soil in order to enhance their physical qualities, like fertility and also its mechanics. It comes under the category of soil amendments which includes many fertilizers and non-organic materials.
Soil conditioners have a wide range of applications. It is primarily used in order to compact the soil and improve its structure. Compacting the soil decreases the growth of roots, preventing their absorption of nutrients and water from the soil. Soil conditioners are also used to enhance the quality of poor soils by adding substances into them like compost, clay, beneficial bacteria, and minerals like calcium and magnesium among others. A few additives greatly enhance the capability of soils to exchange cations. They can also be used to enhance the water-retaining capacity, especially in dry and coarse soils by adding additives like organic materials for example.
The North America Soil Conditioners market is driven by factors such as rising awareness about the need for soil enhancement, technological advancements in agriculture like the use of precision agriculture techniques in soil and crop management, rising need for enhancement in the quality of soil, rising populations and growing investment in research and development among others. However, the market is mainly constrained by a lack of awareness about soil conditioners in developing nations.
The natural soil conditioners segment is expected to have the largest share in the soil conditioners market. Within soil conditioners, the polysaccharide derivatives segment is expected to have the largest market share. The hydrogels segment is expected to grow at the fastest rate in the market.
North America has the second-largest market, followed by the Asia Pacific region in terms of share.
Some of the major players in the market include BASF SE (Germany), The Dow Chemical Company (U.S.), Evonik Industries AG (Germany), Akzo Nobel N.V. (Netherlands), and Solvay S.A. (Belgium), Croda International Plc (U.K.), Clariant International AG (Switzerland), Lambent Corp. (U.S.), Adeka Corporation (Japan), and Eastman Chemical Company (U.S.).
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