United Kingdom Soil Treatment Market Size Booming to Cross USD 1.8 Billion by 2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the United Kingdom soil treatment market size at USD 1,056.81 million in 2022. During the forecast period between 2023 and 2029, the United Kingdom soil treatment market size is projected to grow at an impressive CAGR of 8.12% reaching a value of USD 1,806.99 million by 2029.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the United Kingdom soil treatment market size at USD 1,056.81 million in 2022. During the forecast period between 2023 and 2029, the United Kingdom soil treatment market size is projected to grow at an impressive CAGR of 8.12% reaching a value of USD 1,806.99 million by 2029. Rapid urbanization and population expansion, which have reduced agricultural area and increased food shortages, are major growth drivers for the soil treatment market in the United Kingdom. Together with the increased demand for high-quality food grains, urbanization and population growth are the main factors favorably influencing the demand for soil treatment products.
United Kingdom Soil Treatment Market – Overview
Soil treatment is the process of treatment and elimination of impurities to cleanse and revitalize the soil. Techniques for soil remediation improve the quality of the environment and make it safer for human, animal, and plant life. Hazardous pollutants, such as PCBs, volatile chemicals, radioactive materials, metals, organic compounds, and microorganisms are removed or contained by them. Hydrogen peroxide (H2O2), ozone (O3), potassium permanganate (KMnO4), and sodium persulphate (Na2S2O8) are the most often utilized compounds for soil treatment. These substances can be employed either alone or in combination with other catalyzing agents to boost their activity and performance.
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United Kingdom Soil Treatment Market – By Technology
Based on technology, the United Kingdom soil treatment market is segmented into physicochemical, biological, thermal, and others. The biological soil treatment technology segment accounts for the highest share in the United Kingdom soil treatment market. Environmental scientists utilize specific bacteria during this procedure to absorb and degrade soil contaminants. Cleaner soil, healthier soil, and better air are all benefits of bioremediation. However, bioremediation is less invasive than excavation-based remediation techniques, which have the potential to be disruptive, and it can help with environmental impact cleanup without endangering fragile ecosystems.
Impact of COVID-19 on the United Kingdom Soil Treatment Market
In the UK, the COVID-19 pandemic led to an economic recession with a historically low GDP during the first lockdown in 2020. The market for soil remediation has been negatively impacted by COVID-19. The deployment of stringent lockdown measures significantly reduced the necessity for soil treatment. Due to a lack of workers and strong demand for vegetables, crop production declined, which further widened the supply-demand gap. There was a significant decline in the demand for organic compounds as well which affected the United Kingdom soil treatment market growth.
Major players operating in the United Kingdom soil tTreatment market include A.W. Jenkinson Forest Products, BASF SE, Clean Environments, Deep Soil Mixing Ltd, Golder Associates, Solutions Ltd, Terra Firma (Scotland) Ltd, Tarmac Trading Ltd, Thames Water Utilities Limited, and Veolia Environmental Services. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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