Soil Treatment Market Projected to Grow at a CAGR of 8.5% to 2020
The soil treatment market is projected to grow at a CAGR of 8.5% to reach USD 36.29bn by 2020. Soil protection accounted for the largest market share in 2014. Weed control leads the market with the largest share. China: The future of the soil treatment industry.
Pune, India – December 15, 2015 /MarketersMedia/ —
The soil treatment market is driven by factors such rising concerns about food security, changing farming practices, increasing demand for organic food market, and shrinking arable land. The high growth potential in emerging markets and untapped regions provide new growth opportunities for market players.
Complete report on membranes market spread across 146 pages, profiling 10 companies and supported with 78 tables and 52 figures is now available at http://www.rnrmarketresearch.com/global-soil-treatment-market-types-organic-amendments-pest-weed-control-ph-adjusters-geography-trends-forecasts-2017-market-report.html .
Among the types of soil treatment—which include soil protection, organic amendments, and pH adjusters—soil protection accounted for the largest market share, followed by organic amendments. The soil protection segment covers weed and pest control soil treatment products and holds the largest market share in global soil treatment products market. The pH adjusters segment is projected to grow at the highest CAGR with increasing applications in baked products.
On the basis of type, the soil protection market is led by the weed control segment, followed by pest control. Glyphosate is the best-selling herbicide across the globe and has found its application in agriculture, lawns &gardens, and industrial areas for weed control. Pest controlisprojected to be the fastest-growing segment for soil protection market, particularly in developing Asian economies with pests becoming a serious issue of crop production.
China is focusing on increased usage of advanced technologies and newer products for soil treatment. Also, the awareness among the farmers is increasing in the country to cater to the demand for specialized agricultural products in order to increase the agricultural productivity. With a rising awareness about soil treatment products and focus on achieving greater profits, several users are willing to spend on new innovative soil treatment products such as organic amendments, soil protection, and ph adjuster.
The U.S. was the largest country-level market for soil treatment, whereas the market in China is projected to grow at the highest CAGR of 11.9%, in terms of value.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (55%), Tier 2 (20%), and Tier 3 (25%) companies. The interviews were conducted with various key people such as C-level (60%), Director Level (25%) and others (15%) operating in the soil treatment market. The primary interviews were conducted worldwide covering regions such as North America (10%), Europe (20%), APAC (40%) and RoW (30%).
Leading players such as Syngenta AG (Switzerland), BASF SE (Germany), Adama Agricultural Solutions Ltd. (Israel), Monsanto Company (U.S.), and Solvay S.A. (Belgium) have been profiled in the report. The other players include Arkema S.A. (France), Platform Specialty Products Corporation (U.S.), American Vanguard Corporation (U.S.), Novozymes A/S (Denmark), and Kanesho Soil Treatment (Belgium). Order a copy of Soil Treatment Market by Type (Soil protection, Organic amendments, pH adjusters), Technology (Physiochemical, Biological, and Thermal), & by Region – Global Forecasts to 2020 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=67821 .
The report covers organic amendments such as crop residue and compost segments, soil protection types such as weed and pest control segments and pH adjuster types such as aglime and gypsum in terms of value and volume. In terms of insights, this research report has focused on various levels of analysis—industry analysis, market share analysis of top players, and company profiles, which collectively comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global soil treatment market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
Continuing with the related market, another research report titled Plant Growth Regulators Market Global Trends & Forecast to 2020 says, the market is projected to grow at a CAGR of 3.6% from 2015 to 2020. The market is further driven by factors such as technology and product development of innovative plant growth regulators that can be cost-effective as well as used on a wide range of crops. FMC Corporation, Syngenta AG, The Dow Chemical Company, BASF SE, Nufarm Limited)have been profiled in this 148 pages research available at http://www.rnrmarketresearch.com/plant-growth-regulators-market-by-type-auxins-cytokinins-and-gibberellins-crop-type-cereals-grains-fruits-vegetables-oilseeds-pulses-and-turfs-ornamentals-others-by-region-global-trends-forecast-to-2020-market-report.html .
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