Soil Conditioners Market Size, Share, Growth, Trends, And Forecasts (2018–2023)
Soil Conditioners Market Overview
Clay conditioners include materials added to the soil to improve physical properties, such as fertility and its mechanics. It comes in the category of editions, including many fertilizers and inorganic materials.
There are extensive applications for soil conditioners. It is mainly used to improve soil compact and its structure. Soil compression reduces root growth, preventing nitrogen and soil absorption. Clay conditioners are also used to improve the quality of poor soil by adding compost, clay, profitable bacteria and other substances such as calcium and magnesium. Some compounds significantly improve soil efficiency to convert ceramics. They can also be used to improve the ability to retain water in dry and coarse soil by adding compounds such as organic materials.
Development of agricultural technology, the use of precise methods for soil and crop management, soil quality improvement, increasing population and investment growth in research and development, are the factors fueling the growth of soil conditioners market. However, the market is largely limited due to lack of understanding of soil modification in developing countries.
Soil Conditioners Market Forecast Report (2018-2023)
Global Soil Conditioners Market was worth USD 8.12 billion in 2016 and estimated to be growing at a CAGR of 8.42%, to reach USD 12.16 billion by 2021.
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Soil Conditioners Market Segmentation
World market for soil conditioners is divided into two categories: application for agricultural and industrial sectors. Depending on the type, the market is classified in both
- natural and
- artificial sectors.
By the type of crop, the market is divided into
- oil seeds and beans,
- cereals and nuts, and
- Fruits and vegetables.
Based on solubility, the market is divided into
- water and
- hydrogeol solubles.
The Natural section has the largest share in the market. In soil types, the polysaccharide derivative segment has the largest share in the market. Hydrogel segment is expected to grow rapidly in the market.
Depending on the area, the Global Soil conditioners Market is divided into
- North America,
- Asia Pacific,
- Latin America, and
- Middle-East and Africa.
North America is the second largest market, followed by Asia Pacific region.
The significant players in the market are
- Evonik Industries AG (Germany),
- Akzo Nobel N.V. (Netherlands),
- Adeka Corporation (Japan),
- Dow AgroSciences,
- BASF SE,
- Solvay S.A. (Belgium),
- Croda International Plc (U.K.),
- Clariant International AG (Switzerland), and
- Lambent Corp. (U.S.),
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