Soil Conditioners Market

Expansions & Investments, Agreements, and Acquisitions & Collaborations are Some of the Key Strategies Adopted by the Players in the Soil Conditioners Market

Soil conditioners are used for industrial and agricultural applications. The demand for soil conditioners has been increasing in the last few years due to advancements in farming practices and increased awareness about soil management practices. The key players in this market include 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). Other players include Lambent Corp. (U.S.), Adeka Corporation (Japan), ADAMA Agricultural Solutions Ltd. (Israel), Alchemy-Spetec (U.S.), and AggreBind Inc. (U.S.).

Expansions & investments, agreements, and acquisitions & collaborations are some of the key strategies adopted by the players in the soil conditioners market to expand their production capacity and to increase their product portfolio. This has helped market players to diversify their business geographically, strengthen distribution networks, and enhance their product portfolios. Market leaders such as BASF SE (Germany), Novozymes A/S (Denmark), Akzo Nobel N.V. (Netherlands), and The Dow Chemical Company (U.S.) have successfully tapped the potential markets through such strategic decisions.

BASF SE is a diversified chemical company, managing its business through various segments such as chemicals, performance products, functional solutions, and agricultural solutions. The company offers a wide range of products in soil conditioners market which are used mainly in industrial applications. Moreover, in April 2017, the company signed an agreement to acquire ZedX, Inc. (U.S.), a leader in digital agriculture. This acquisition will strengthen the company’s digital farming footprint, which may include soil conditioners as a part of digital soil management.

The Dow Chemical Company (U.S.) operates through business segments such as performance plastics, performance materials, feedstock & energy, coatings & infrastructure solutions, electronic & functional materials, and agricultural sciences. It markets its biologicals business under the agricultural sciences business segment through Dow AgroSciences LLC. In March 2017, The Dow Chemical Company announced an agreement with FMC Corporation (U.S.) to divest a portion of DuPont’s Corp Protection business, including research & development, and acquire the FMC‘s nutrition & health capabilities. Furthermore, in December 2016, The Dow Chemical Company announced to invest in an innovation center in Midland, Michigan, U.S. The innovation center will support the research & development team throughout the globe from Midland.

Related Reports:

Soil Conditioners Market by Type (Natural, Synthetic), Solubility (Water-soluble, Hydrogels), Application (Agricultural, Industrial), Crop Type (Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables), Soil Type, and Region - Global Forecast to 2022

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Report Code
AGI 5424
Published ON
Jul, 2017
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