Global Chemical Soil Testing Market – Industry Trends and Forecast to 2029

Chemical Soil Testing Market Analysis and Size

Soils are the fundamental building blocks of any city. No life can be without soil, but we have been neglecting soils for many years. Soils lose productivity over time as a result of increased use, such as farming, rendering them unusable.

Data Bridge Market Research analyses that the chemical soil testing market which was value USD 5.25 billion in 2021 is expected to reach the value of USD 9.36 billion by 2029, at a CAGR of 7.50% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.

Chemical Soil Testing Market Scope and Segmentation

Market Definition

Soil testing provides construction companies with information about the mechanical behaviour of soil, such as bearing capacity and shear strength, which helps them build foundations, construction road support, and other infrastructure. Soil testing is commonly used in agriculture to determine nutrient content, composition, and other soil characteristics such as acidity or pH level.

Chemical Soil Testing Market Dynamics

Drivers

• The increasing emphasis of governments on infrastructure development

The global chemical soil testing’s market will expand significantly during the forecast period, primarily due to the rapidly expanding construction industry. Additionally, rising demand for sustainable infrastructure and efficient road transportation for effective global and international trade will drive up global demand for soil stabilisation materials. The increasing emphasis of governments on infrastructure development and rising real estate investments have increased demand from the construction sector, creating additional demand space for soil stabilisation material.

• Growing emphasis on agricultural activities

Soil testing methods can help increase and improve yield in agricultural activities. It also controls soil erosion and crop waste by using a proper stabilisation method, which aids in the growth of the Chemical Soil Testing’s market. Furthermore, innovations in manufactured soil types and an increase in the number of greenery enclosures and yards are creating a plethora of new opportunities, which will further accelerate the growth of the chemical soil testing market during the forecast period.

Opportunity

The alteration properties of this process are used in various agricultural activities, creating more growth opportunities all over the world. During the review period, the expansion of agricultural activities in various nations provides growth opportunities worldwide. Furthermore, extensive research and development in technology for improving soil fertility provides a variety of growth opportunities during the forecasted period.

Restraints

Increasing testing method costs and the imposition of heavy duty on kits will likely act as market restraints for the growth of chemical soil testing during the forecasted timeframe. Variable test results due to difficulty in standardisation will be the market's most significant and immediate challenge.

This chemical soil testing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the chemical soil testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Chemical Soil Testing Market

The COVID 19 pandemic has affected a large portion of the population. Many people have lost their jobs as a result of the global pandemic. It has had an impact on the dynamics and growth of a number of industries. Everyone is concerned about their immunity and maintains social distance. During the lockdown, various end-user industries' operational activities were halted, resulting in a decrease in demand for the soil stabilisation market, which leads to a decrease in sales revenue. The supply chain networks were also disrupted, resulting in a decrease in profit margins. However, by properly strategizing according to market needs, the soil stabilisation market is expected to recover from this global pandemic by the end of the third quarter of the coming year.

Recent Development

• Ele International (U.K.) released a new version of soil testing software in September 2019 that complies with B.S., ASTM, and AASHTO standards. This software is specifically designed for geotechnical laboratories. It will increase the productivity and quality of soil tests such as permeability, triaxial, consolidation, residual, and California Bearing Ratio.
• Agilent (U.S.) announced the acquisition of Young In Scientific Co. Ltd (South Korea) in August 2018, with the goal of strengthening Agilent's analytical capabilities in the environmental field and expanding its direct reach in the South Korean market.

Global Chemical Soil Testing Market Scope

The chemical soil testing market is segmented on the basis of service, site and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Service

• Inspection
• Certification
• Testing

Site

• On-site
• Laboratory

End use

• Landscape Contractors
• Gardens and Lawns
• Agriculture
• Golf Courses
• Gardens and Lawns
• Others

Chemical Soil Testing Market Regional Analysis/Insights

The chemical soil testing market is analysed and market size insights and trends are provided by country, service, site and end use as referenced above.

The countries covered in the chemical soil testing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The United States dominates the North American chemical soil testing market due to rising organic farming preferences and rising levels of funds for environmental protection.

China is expected to grow in the Asia-Pacific chemical soil testing market during the forecast period due to rising initiatives for the promotion of precision farming and a rising number of research activities.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Chemical Soil Testing Market Share Analysis

The chemical soil testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to chemical soil testing market.

Some of the major players operating in the chemical soil testing market are:

• Agilent Technologies (U.S.)
• Thermo Fisher Scientific Inc. (U.S.)
• Merck KGaA (Germany)
• PerkinElmer Inc. (U.S.)
• Controls S.p.A (Italy)
• LaMotte Company (U.S.)
• Geotechnical Testing Equipment U.K. Ltd (U.K.)
• Sun Labtek Equipments (I) Pvt. Ltd (India)
• Martin Lishman Ltd (U.K.)
• S.W. Cole (U.K.)
• Ele International (U.K.)
• Gilson Company Inc. (U.S.)
• Humboldt Mfg. Co. (U.S.)
• EIE Instruments Pvt. Ltd (India)
• Eurofins Scientific (Luxembourg)
• Alfa Testing Equipment (U.S.)
• Matest (Italy)
• M&L Testing Equipments (Canada)
• Shambhavi Impex (India)

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