25 Feb


Peat Market Poised to grow at a healthy CAGR by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Peat Market. The report presents analysis of global as well as regional markets of peat market over the period of 2016 to 2024. The growing people interest in gardening will probably encounter their inclination towards peat moss. Peat moss is commonly used in the gardening to improving soil, starting seeds, adding it as an amendment, and more. The growing use of peat moss for the agriculture and gardening is driving the growth of peat moss market. The peat has the significant amount of carbon and hydrogen contents that helps them to be used as fuel.


Rapidly growing adoption of Biobased fuel is likely to boost the demand of peats market. The peat has numerous benefited that includes high absorbency, sterile material, acidic pH features, compaction prevention properties, and more so they used in the many applications.  In addition, increasing peat applications in the agriculture, water filtration, freshwater aquarium, and others are anticipated to boost the growth of peat market. On the other hand, although the peat is organic material, it does not contain any nutrients that helps in the plant growth so this disadvantage of peat may hamper growth of peat market. Moreover, the growing adoption of peats products in the water filtration systems is projected to create the several opportunities in upcoming years. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global peat market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that North America dominated the global peat market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the peat market worldwide.


The report segments the global peat market on the basis of Material Types and Applications.


Global Peat Market by Material Types

·         Fibric

·         Hemic

·         Sapric

·         Others


Global Peat Market by Applications

·         Fuel & Energy

·         Agriculture

·         Domestic

·         Medicine

·         Others


Companies Profiled in the Report

·         Global Peat Ltd

·         Elva E.P.T. Ltd.


·          Klasmann-Deilmann GmbH

·         Neova AB

·         Vapo

·         Stender AG

·         Oulun Energia Oy

·         Klasmann-Deilmann GmbH

·         Globalcoirs


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.