Global Soil Treatment Market Analysis & Trends - Industry Forecast to 2030
Soil Treatment: Market Size
From $30.32 million in 2024, the global Soil Treatment market is projected to reach $60.17 million by 2030. Based on our analysis the market is expected to grow at a CAGR of 12.1% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include ensuring food security, shrinking arable land, and the decline in arable land across the globe.
Global Soil Treatment Market: Market Dynamics The factors such as a change in farming practices, a surge in incidences of pollution, and the rise in environmental concerns globally are driving the market growth.
On the other hand, the technical knowledge barriers are likely to obstruct the profit boundaries. In addition, rapid growth in the bio-agrochemical market will further boost the Soil Treatment market.
Impact of COVID-19 on Soil Treatment The soil treatment market depicts the negative impacts of COVID-19 on various corporate enterprises. It gives recommendations to companies on how to recuperate from the damage incurred as a result of the outbreak, as well as the nationwide quarantine. The pandemic affects materials and labor, the key cost components of remediation projects, thus challenging ongoing project delivery, companies’ liquidity, and whole business models. The remediation supply chain is highly impacted, generating project slippage and/or extra costs. COVID-19 has changed the dynamics for all businesses in general.
By Type
Soil Protection Segment Dominate the Market in 2024 The soil protection segment made huge revenue in 2024 during the forecast period. Soil protection products are likely to face stiff competition from organic amendments such as crop residue and sewage sludge as these segments have been rapidly growing, owing to environmental concerns regarding over usage of agrochemicals causing soil degradation.
By Geography
Asia Pacific Region is Leading in the Global Market Place Asia Pacific region is likely to have a huge demand in the forecast period due to increasing investments in the agricultural sector, especially in emerging economies. In addition, government initiatives to improve the condition of soil are another factor anticipated to propel the growth of the soil treatment market in the Asia Pacific region. Increasing demand for improved fertility and aeration in these regions is expected to fuel market growth over the next few years.
List of the Key Players Profiled in the Market Include: • Monsanto Company • Syngenta AG • BASF SE • Solvay S.A. • DuPont • Bayer CropScience AG • Isagro SpA • Novozymes AS • Arkema S.A. • Saint Gobain • Adama Agricultural Solutions Ltd. • UPL Limited • Agrofill S.R.L. • Chemtura Corporation • Amvec Chemical Corporation
List of the Regions/Countries Profiled in the Market Include: North America • US • Canada • Mexico Europe • Germany • U.K • Italy • France • Spain • Rest of Europe Asia Pacific • China • Japan • India • Australia • New Zealand • Rest of Asia Pacific Middle East • Saudi Arabia • UAE • Rest of Middle East Latin America • Argentina • Brazil • Rest of Latin America Rest of the World (RoW) • South Africa • Others