Latest research report on “Peat Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Peat is a dark fibrous material created when ‘decomposition fails to keep pace with the production of organic matter’. Although peat is created under specific conditions (waterlogging, lack of oxygen or nutrients, high acidity or low temperatures), peat can be found in many types of wetlands. Marshes, swamps, floodplains and coastal wetlands may contain peat.
Peat is soft and easily compressed. Under pressure, water in the peat is forced out. Upon drying, peat can be used as fuel. It has industrial importance as a fuel in some countries, such as Ireland and Finland, where it is harvested on an industrial scale. In many countries, including Ireland and Scotland, where trees are often scarce, peat is traditionally used for cooking and domestic heating. Stacks of drying peat dug from the bogs can still be seen in some rural areas. Peat’s insulating properties make it of use to industry.
This report contains market size and forecasts of Peat in global, including the following market information:
Global Peat Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Peat Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Peat companies in 2021 (%)
The global Peat market was valued at 937.9 million in 2021 and is projected to reach US$ 1128.6 million by 2028, at a CAGR of 2.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Sod Peat Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Peat include Klasmann-Deilmann GmbH, Vapo Oy, Jiffy Products, Premier Tech, Sun Gro Horticulture, Lambert, Bord na Mona PLC, Rekyva and Coco Green, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Peat manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Peat Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Peat Market Segment Percentages, by Type, 2021 (%)
– Sod Peat
– Coco Peat
Global Peat Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Peat Market Segment Percentages, by Application, 2021 (%)
– Agriculture and Horticulture
Global Peat Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Peat Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Peat revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Peat revenues share in global market, 2021 (%)
Key companies Peat sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Peat sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Klasmann-Deilmann GmbH
– Vapo Oy
– Jiffy Products
– Premier Tech
– Sun Gro Horticulture
– Bord na Mona PLC
– Coco Green
– Dutch Plantin
– SMS Exports
– Turveruukki Oy
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