Asia-Pacific Soil Conditioners Market Projected to Grow at the Highest Rate during forecasting year (2017 to 2022)

The soil conditioners market is experiencing growth in the Asia-Pacific region. This region has soil with poorly developed layers, owing to which the use of soil conditioners is essential for enhancing the texture and structure of the soil. Moreover, the Asia-Pacific region held the largest market share in 2016 followed by the Europe region. The extent and causes of physical, chemical, and biological degradation of soil and soil loss have been largely observed in many European countries. Moreover, the Common Agricultural Policy of the European Union promotes farming practices that support the usage of products and techniques for soil conservation, soil amendment, and soil quality in this region. These are the major factors for the growth of soil conditioners in the European market. Soil conditioners are physical, chemical, and biological substances that are used to improve the structure of soil, its physical quality, and its ability to provide nutrition for plants. They add texture to the soil, enhance aeration and water holding capacity, and help loosen compact soil; they are used for various agricultural and industrial application.

The key players in the Soil Conditioners Market are as follows:

·         BASF SE (Germany)

·         The Dow Chemical Company (U.S.)

·         Akzo Nobel N.V. (Netherlands)

·         Evonik Industries AG (Germany)

·         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.).

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The soil conditioners market is segmented based on type, into natural and synthetic. The natural segment is projected to grow at the highest CAGR from 2017 to 2022. Natural soil conditioners are used as a soil amendment to alleviate its poor properties and to increase its productivity. Natural soil conditioners are further categorized into polysaccharide derivatives, and others, which include animal dung, compost, sewage sludge, crop residues, and other organic amendments such as peat and tree bark. While synthetic soil conditioners are further categorized into minerals, gypsum, and polymers.

On the basis of application, the soil conditioners market is segmented into agricultural and industrial applications. The agricultural segment is projected to grow at a higher CAGR during the forecast period. For conditioning of degraded soil, water conservation, and to reduce the use of expensive chemical fertilizers, soil conditioners were developed. Furthermore, soil conditioners are also used in industrial applications such as mining and tunneling.

On the basis of solubility, the soil conditioners market is segmented into water-soluble and hydrogels. The hydrogels segment is projected to grow at the highest CAGR from 2017 to 2022. Hydrogels are insoluble crosslinked hydrophilic polymers, which are applied to soil to improve the soil nutrient capacity, and help in soil aggregation, hence reducing the soil erosion. Water-soluble soil conditioners are linear soluble hydrophilic material that act as wetting agents.

Low level of awareness about the benefits of soil conditioning materials among the farmers is the key restraint for the growth of the market. Market players’ efforts in creating awareness and availability of soil conditioning materials (especially synthetic products) will aid the market to witness significant growth in the projected period.

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