The global soil conditioners market was expected to be valued at USD 9.54 billion in 2023 and is anticipated to reach USD 10.34 billion in 2024 from USD 19.75 billion by 2032, growing at a CAGR of 8.42% from 2024 to 2032.
Soil conditioners are materials that are added to soil in order to enhance their physical qualities, like fertility and also their mechanics. It comes under the category of soil amendments which include 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 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.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2032 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2032 |
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CAGR |
8.42% |
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Segments Covered |
By Application, Type, Crop, solubility, and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
BASF SE (Germany), The Dow Chemical Company (U.S.), Evonik Industries AG (Germany), Akzo Nobel N.V. (Netherlands), Solvay S.A. (Belgium), Croda International Plc (U.K.), Clariant International AG (Switzerland), Lambent Corp. (U.S.), Adeka Corporation (Japan), Eastman Chemical Company (U.S.). |
North America has the second-largest market followed by the Asia Pacific region in terms of share.
BASF SE (Germany), The Dow Chemical Company (U.S.), Evonik Industries AG (Germany), Akzo Nobel N.V. (Netherlands), Solvay S.A. (Belgium), Croda International Plc (U.K.), Clariant International AG (Switzerland), Lambent Corp. (U.S.), Adeka Corporation (Japan), Eastman Chemical Company (U.S.). some of the market players dominate the global soil conditioners market.
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