Report overview
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 aims to provide a comprehensive presentation of the global market for Peat, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Peat. This report contains market size and forecasts of Peat in global, including the following market information:
Global Peat Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Peat Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Peat companies in 2022 (%)
The global Peat market was valued at US$ 937.9 million in 2022 and is projected to reach US$ 1128.6 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In the market Klasmann-Deilmann GmbH, Vapo Oy, Jiffy Products, Premier Tech, Sun Gro Horticulture, Lambert, Bord na Mona PLC, R?kyva, Coco Green, Dutch Plantin, and Turveruukki Oy are the market leader, with about 55% market shares. Vapo Oy is the larget palyer with 19% market shares and its major market is in Europe.
We 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, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Peat Market Segment Percentages, by Type, 2022 (%)
Sod Peat
Coco Peat
Others
Global Peat Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Peat Market Segment Percentages, by Application, 2022 (%)
569 and Horticulture
Energy
Others
Global Peat Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Peat Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
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
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Peat revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Peat revenues share in global market, 2022 (%)
Key companies Peat sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Peat sales share in global market, 2022 (%)
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
Lambert
Bord na Mona PLC
R?kyva
Coco Green
Dutch Plantin
SMS Exports
Turveruukki Oy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Peat, market overview.
Chapter 2: Global Peat market size in revenue and volume.
Chapter 3: Detailed analysis of Peat manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Peat in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Peat capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.