Soil Conditioners Market Size, Share, Growth Analysis, By Type (Surfactants, Gypsum, Super Absorbent Polymers, and Others), Formulation (Liquid and Dry), Application (Agriculture, Construction & Mining, and Others), Soil Type, Crop Type and By Region - Industry Forecast 2024-2031

Global Soil Conditioners Market size was valued at USD 1.9 billion in 2022 and is poised to grow from USD 2.1 billion in 2023 to USD 4.08 billion by 2031, growing at a CAGR of 8.30% during the forecast period (2024-2031). 

The use of soil conditioners is significantly expanding worldwide in order to feed the expanding global population on a finite amount of land without harming the environment. Due to their capacity to increase soil fertility, texture, and quality, soil conditioners are crucial in contemporary agriculture. Additionally, soil conditioners are utilized to stabilize excavated dirt during tunneling and mining operations. Additionally, the need for soil conditioners is rising globally as a result of growing organic farming and increased awareness of soil management.

The soil conditioners market is expected to grow at a CAGR of 5.8% over the course of the forecast period. The COVID-19 epidemic is primarily having an impact on the global soil conditioners industry. Due to supply chain interruptions and lockdown limitations, manufacturers have experienced operational difficulties. Due to the deadly spread of COVID-19 in China, Japan, and India, the Asia Pacific region is the main participant in the worldwide market that has been negatively impacted. The market for soil conditioners is expanding as a result of a number of issues, including the deterioration of soil quality and structure, the need for food security, and improved nutrient management in the soil.

US Soil Conditioners Market  is poised to grow at a sustainable CAGR for the next forecast year.