Soil treatment is the process to improve and rejuvenate the soil by eradicating contaminants. Such soil contamination is caused by various wastes such as oil, non-degradable material, etc.; and by various chemicals, including pesticides, petroleum hydrocarbons, pesticides, heavy metals, etc. Treatment of contaminated soil and converting it into viable cultivating land is the main purpose of soil treatment. In addition, soil treatment also helps in the improvement of soil content and conservation of soil. Countries with low arable land can see surging demand for soil treatment products. The soil treatment market is expanding due to changes in agricultural practices, the growing population, and rising food demand.
The soil treatment market is forecasted to show significant growth in recent years. Surging demand for food and declining per capita viable agricultural land fuels the growth of the market. As per the FAO'S resource estimation for 2050, only 12 % of the land worldwide is used for the cultivation of crops. This can accelerate the need for reusing the existing cultivable lands and hence can expand the market growth. A decrease in nutrients in the soil further boosts the soil treatment market. This lack of nutrients is majorly due to the decline in soil fertility because of the excessive application of pesticides and chemical fertilizers. Various soil treatment techniques, such as thermal, physiochemical, and biological, enhance the crop's quality by replenishing the lost nutrients.
Soil treatment is one of the significant activities for sustainable agriculture. There are various advanced technologies adopted for treatment of soil. Governments of various countries across the globe are in favor of sustainable agriculture which creates growth opportunities for players operating in soil treatment market. Moreover, growth of agriculture industry in developing countries followed by rising awareness for soil treatment products is expected to accelerate the growth of soil treatment market in the coming years. The key players in the market are also active in taking strategic initiatives and are focusing on conducting R&D activities for new product launches to grab a larger customer base. However, progressing biotechnology and firm regulations can inhibit the growth of the market. In addition, due to the absence of awareness, the little adoption rate of soil treatment can also suppress the market's growth.
MARKET SCOPE AND REPORT FEATURES
The “Global Soil Treatment Market Analysis to 2030” is a specialized and in-depth study with a major focus on the global market trends and growth opportunities. The report aims to provide an overview of the global market with detailed market segmentation by treatment, product type, and geography. The global soil treatment market has been witnessing high growth over the recent past and is expected to continue this trend during the forecast period. The report provides key statistics on the consumption of soil treatment worldwide along with their demand in major regions and countries. In addition, the report provides the qualitative assessment of various factors affecting the soil treatment market performance in major regions and countries. The report also includes a comprehensive analysis of the leading players in soil treatment market and their key strategic developments. Several analyses on the market dynamics are also included to help identify the key driving factors, market trends, and lucrative opportunities that would, in turn, aid in identifying the major revenue pockets.
Further, ecosystem analysis and Porter’s five forces analysis provide a 360-degree view of the global soil treatment market, which helps understand the entire supply chain and various factors affecting the market growth.
The global soil treatment market is segmented on the basis of treatment and product type. Based on treatment, the soil treatment market is segmented as physiochemical, biological and thermal. On the basis of product type, the market is classified as organic amendments, pH adjusters, weed controllers, and pest controllers.
Based on product type, the organic amendments held the dominating share due to their extensive use as manures in the production of agriculture at the global level. Besides solving the restricted water holding capacity issue, it also enhances the physical and biological content of the soil. Improvement in the Ph and texture of the soil, coupled with an increase in nutrient retention and cation exchange capacity, further invigorate the growth of the soil treatment market.
The report provides a detailed overview of the global soil treatment market with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. North America will dominate the soil treatment market in the forecasted timeframe. In countries including Mexico, the US, and Canada, the issues of soil contamination and rejuvenation are of great concern. This surges the demand for soil treatment products in the region. In Canada, various stringent phytosanitary measures are made necessary to inhibit the spread of soil-borne pests and thus decrease soil contamination. Such awareness about soil treatment in the region escalates the market's growth.
Some of the key players operating in the soil treatment market include, Arkema S.A., BASF SE, Certis USA LLC, Chemtura Corporation, Agrofill S.R.L., Syngenta, DOWA ECO-SYSTEM Co. Ltd, Ohp Inc., Soil Technologies Corp., Swaroop Agrochemical Industries, Agro Phos (India) Limited, UPL Limited, Corteva Agriscience, and Novozymes AS, among others.
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
This text is related
to segments covered.
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
This text is related
to country scope.
The List of Companies
1. ADAMA Agricultural Solutions Ltd.
2. American Vanguard Corporation
3. Arkema S.A.
4. BASF SE
5. Kanesho Soil Treatment
6. Monsanto Company
7. Novozymes A/S
8. Platform Specialty Products
9. Solvay S.A.
10. Syngenta AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Sophorolipid and Rhamnolipid Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Sophorolipid and Rhamnolipid) and Application (Household Detergents, Personal Care, Industrial & Institutional Cleaners, Food Processing, Oilfield Chemicals, Leather Processing, Agriculture, Pharmaceuticals, and Others)
Asia Pacific Sophorolipid and Rhamnolipid Market
Size and Forecasts (2020 - 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Sophorolipid and Rhamnolipid), Application (Household Detergents, Personal Care, Industrial & Institutional Cleaners, Food Processing, Oilfield Chemicals, Leather Processing, Agriculture, Pharmaceuticals, and Others), and Country
Robotics Lubricants Market
Forecast to 2028 - Global Analysis by Base Oil (Mineral Oil, Synthetic Oil, and Others), Product Type (Hydraulic Oil, Gear Oil, and Grease), and End Use Industry (Automotive, Food and Beverage, Medical and Healthcare, Electrical and Electronics, Metals, and Other Manufacturing Industries)
Chilled Food Packaging Market
Forecast to 2030 - Global Analysis by Material (Plastic, Aluminum, Paper and Paperboard, and Others), Type (Boxes, Tubs and Cups, Cans, Pouches and Bags, and Others), and Application (Dairy Products, Meat and Poultry, Seafood, Fruits and Vegetables, and Others)