by
According to the Foreclaro Global Research, the
Global
Peat Market size was valued at USD 4019 million in 2024. The report “Global Peat Market Segmentation, By Type (Sod Peat,
Coco Peat (Coir), Sphagnum Peat, Hypnum Peat, Reed/Sedge Peat), By Application
(Agriculture & Horticulture, Energy & Fuel, Water Filtration, Cosmetics
& Personal Care, Medicine & Therapeutics, Construction & Insulation),
By Form (Milled Peat, Peat Pellets, Peat Briquettes, Loose Peat), By End-Use
Industry (Professional Horticulture, Residential Gardening, Power Generation,
Wastewater Treatment, Pharmaceutical, Food & Beverage (Whiskey
filtration)), By Extraction Method (Hand Cutting, Vacuum Harvesting, Milling,
Block Cutting)- Industry Trends and
Forecast to 2033” gives a detailed insight into current market dynamics and
provides analysis on future market growth.
Peat is an accumulation of, in part, decayed
flowers or natural depend. This is specific to herbal regions known as
peatlands or mires. Peat has precise water retention and aeration capability,
and it holds vitamins well. For those reasons, it's miles utilized in
agriculture and horticulture as a soil modification and substrate. Peat is a
vital product throughout an extensive variety of end-consumer industries.
Markets for peat encompass agriculture, horticulture, water treatment, and
electricity production, amongst others. The peat enterprise is a global
marketplace. The European marketplace is the most important customer of peat
and additionally the main manufacturer of peat for horticultural and
electricity applications. The main customers and manufacturers are Finland,
Germany, and the Baltic states, accompanied via way of means of the UK, France,
Ireland, the Netherlands, Italy, Austria, and Spain.
In North America, Canada is the most important
exporter of sphagnum peat moss, and there may be an additionally full-scale demand
within the US. The use of sphagnum peat moss is basically for business and home
gardening. The Asia-Pacific marketplace for peat has been developing in recent
years. In Asia, the principal motive force for peat cultivation has been
agricultural crops and greenhouse horticulture. In the EU and different
elements of the world, environmental issues and weather alternate cognizance
have expanded. These encompass peatland degradation, lack of biodiversity, and
greenhouse gas emissions from peat extraction and use. As a result, there was
expanded law and a transition towards sustainable practices and peat
alternatives. Many enterprise gamers are making full-size investments in
R&D for brand new and greater environmentally friendly peat substitutes,
peatland recuperation, and new natural substrates.
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Global Peat
Market Report Highlights
·
Europe
remains the most important manufacturer and consumer, with sizeable use in
horticulture and legacy reliance on peat for energy, specifically in Nordic and
Baltic countries.
· Canada
maintains to steer worldwide peat exports, mainly of sphagnum peat moss for
expert and home gardening.
· Asia-Pacific
is witnessing fast growth, fueled by the aid of using growing demand for peat
in agriculture, landscaping, and industrial greenhouse applications.
· Environmental
worries and policies are prompting a shift in the direction of sustainable peat
extraction and the improvement of options like coir and composted bark.
· Technological
improvements and innovation in substrate blends are allowing the advent of
green developing media that lessen reliance on uncooked peat.
· Strategic
partnerships, conservation initiatives, and acquisitions are reshaping the
marketplace landscape, with stakeholders increasingly number of targeted on
balancing monetary profits with long-term ecological sustainability.
Foreclaro
Global Research has segmented the Global Peat Market report based on Type,
Application, Form, End User Industry, Extraction Method, and region:
Peat Market, Product Type Outlook (Revenue -
USD Million, 2020 - 2033)
Sod Peat
Coco Peat (Coir)
Sphagnum Peat
Hypnum Peat
Reed/Sedge Peat
Peat Market, Application Outlook (Revenue -
USD Million, 2020 - 2033)
Agriculture & Horticulture
Energy & Fuel
Water Filtration
Cosmetics & Personal Care
Medicine & Therapeutics
Construction & Insulation
Peat Market, Form Outlook (Revenue -
USD Million, 2020 - 2033)
Milled Peat
Peat Pellets
Peat Briquettes
Loose Peat
Peat Market, End User Industry
Outlook (Revenue - USD Million, 2020 - 2033)
Professional Horticulture
Residential Gardening
Power Generation
Wastewater Treatment
Pharmaceutical
Food & Beverage (Whiskey filtration)
Peat Market, Extraction Method
Outlook (Revenue - USD Million, 2020 - 2033)
Hand Cutting
Vacuum Harvesting
Milling
Block Cutting
Peat
Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Peat
Market Key Players
·
Lambert
Peat Moss
·
Oulun
Energia OY
·
Global
Peat Ltd
·
Jiffy
Products International B.V.
·
Klasmann-Deilmann
GmbH
·
T
& J Enterprises
·
Vapo
Group
·
Cocogreen
·
Elva
E.P.T. Ltd
·
Stender AG
