Global Soil Treatment Market to Record CAGR of 10.2% through 2019
Deerfield Beach, FL -- (SBWIRE) -- 09/15/2017 -- Zion Market Research has published a new report titled "Soil Treatment (pH Adjusters, Soil Protection, and Organic Amendments) Market by Technology (Biological, Physiochemical, and Thermal): Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021". According to the report, global demand for soil treatment market was valued at over USD 24.00 billion in 2015, is expected to reach above USD 39.50 billion in 2021 and is anticipated to grow at a CAGR of above 8.0% between 2016 and 2021.
Soil treatment is a method used to make lethal soil usable for agriculture. If soil contains any chemicals or wastes like oil, alkali or some other non-degradable material can be degraded by using microbes.Soil treatment has become necessary to fulfillgrowing demand of food for the rising population. Soil contamination is caused by manmade activities which include inappropriate disposing of industrial waste, sewage, agricultural chemicals. Moisture holding capacity, aeration, and nutrients are depleted from the polluted soil therefore, chemistry, geology, microbiology, environmental departments had collaborated their inventions to overcome the loss caused by pollution.
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The government initiative to improve the food grains cultivation techniques to satisfy the growing population also due to exhaustion of fertile and unpolluted land,awareness is generated among people for the importance of soil treatment. The agricultural sector is growing tremendously for the production of raw materials to many different industrial sectors owing to escalating demand of fertile and superior land. Still, lack of knowledge and awareness among underdeveloped countries for the significance of soil treatment is expected to be major restrain for soil treatment market. Forthcoming new and green technologies for soil remediation will witnessthe growthof the soil treatment market and the developing countries are seeking their attention towards the soil treatment which is likely to open new growth avenues in the near future.
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Soil treatment technologies can be classified as biological treatment, physicochemical treatment, and thermal treatment. Biological treatment consists of biosparing, phytoremediation, bioventing, bioremedation. Physicochemical treatment includes electric resistance heating, soil flushing, chemical oxidation, soil vapor extraction (SVE), fracturing, solidification and stabilization. pH adjustors, soil protection, organic amendments are types of soil treatment, weed and pest control are subtypes of soil protection and is the largest market share expected to remain the foremost segments. Crop Residue, Sewage Sludge, Animal Dung,Compost are types of organic amendments. Out of which crop residue is emerging as a potential segment. Gypsum and Aglime are the crucial pH adjusters for soil treatment.
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Asia-Pacific is expected to be the largest market, due to the rising population and increasing food demand.Soil treatment market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa, further divergence of region on the country level, which include U.S., Germany, UK, France, China, Japan and India.Rising demand for improved fertility in these regions is potential to fuel the growth of market in future.
Some key profiles leading in soil treatment markets are Monsanto Company, AgraQuest, Syngenta AG, Solvay S.A., AMVAC Chemical Corporation, Novozymes A/S, Kanesho Soil Treatment, Arysta Life Science, Arkema S.A, BASF SE.
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