Peat Market
Peat Market Forecasts to 2028 – Global Analysis By Type (Coco Peat and Sod Peat), Material Type (Fabric, Hemic, and Sepric), Application, End User and By Geography
According to Stratistics MRC, the Global Peat Market is accounted for $5.64 billion in 2020 and is expected to reach $19.27 billion by 2028 growing at a CAGR of 16.6% during the forecast period. Rapidly growing adoption of bio-based fuel and growing demand for electricity generation on account of the growing population are the major factors propelling the market growth. However, the lack of nutrient presence in peat is hampering the market growth.
Peat is an organic matter composed of wetland vegetation that includes various bog plants such as mosses, sedges, and shrubs. Peat, also known as turf, is an accumulation of organic matter or decayed vegetation that is found in natural areas such as mires or peatlands. Peat finds applications in the horticulture and agriculture sectors owing to its rich organic properties, providing excellent aeration and moisture when used with soil.
Based on the application, the agriculture and horticulture segment is estimated to have a lucrative growth due to farmers utilize dried peat to absorb excrement from cattle that are then wintered indoors. Peat holds a crucial position in the agriculture and horticulture segment as it has the essential property of retaining moisture in the soil especially when the soil is dry. This helps in preventing the excess of water from destroying the roots when it is wet.
By geography, the Asia Pacific is going to have a lucrative growth during the forecast period due to the fast urbanization along with the increasing population. Moreover, the rapidly growing agricultural activities led to the huge demand for peat products in this region.
Some of the key players profiled in the Peat Market include Stender GmbH, Tootsi Turvas AS, Jiffy International AS, Oulun Energia Oy, Sun Gro Horticulture, Global Peat, Premier Tech, T&J Enterprises, Neova AB, Lambert, Klasmann-Deilmann, SMS Exports, Global Coirs & Eggs, Dutch Plantin, CoCo Green (Pvt) Ltd, Bord na Mona, and Vapo Oy.
Types Covered:
• Coco Peat
• Sod Peat
Material Types Covered:
• Fabric
• Hemic
• Sepric
Applications Covered:
• Biofiltration/Water Filtration
• Energy Fuel
• Agriculture and Horticulture
• Domestic
• Medicine
• Power Generation
• Freshwater Aquaria
End Users Covered:
• Automotive
• Chemical & Petrochemical
• Energy & Power
• Food & Beverages
• Healthcare
• Oil & Gas
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Peat Market, By Type
5.1 Introduction
5.2 Coco Peat
5.3 Sod Peat
6 Global Peat Market, By Material Type
6.1 Introduction
6.2 Fabric
6.3 Hemic
6.4 Sepric
7 Global Peat Market, By Application
7.1 Introduction
7.2 Biofiltration/Water Filtration
7.3 Energy Fuel
7.4 Agriculture and Horticulture
7.5 Domestic
7.6 Medicine
7.7 Power Generation
7.8 Freshwater Aquaria
8 Global Peat Market, By End User
8.1 Introduction
8.2 Automotive
8.3 Chemical & Petrochemical
8.4 Energy & Power
8.5 Food & Beverages
8.6 Healthcare
8.7 Oil & Gas
9 Global Peat Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Stender GmbH
11.2 Tootsi Turvas AS
11.3 Jiffy International AS
11.4 Oulun Energia Oy
11.5 Sun Gro Horticulture
11.6 Global Peat
11.7 Premier Tech
11.8 T&J Enterprises
11.9 Neova AB
11.10 Lambert
11.11 Klasmann-Deilmann
11.12 SMS Exports
11.13 Global Coirs & Eggs
11.14 Dutch Plantin
11.15 CoCo Green (Pvt) Ltd
11.16 Bord na Mona
11.17 Vapo Oy
List of Tables
1 Global Peat Market Outlook, By Region (2019-2028) ($MN)
2 Global Peat Market Outlook, By Type (2019-2028) ($MN)
3 Global Peat Market Outlook, By Coco Peat (2019-2028) ($MN)
4 Global Peat Market Outlook, By Sod Peat (2019-2028) ($MN)
5 Global Peat Market Outlook, By Material Type (2019-2028) ($MN)
6 Global Peat Market Outlook, By Fabric (2019-2028) ($MN)
7 Global Peat Market Outlook, By Hemic (2019-2028) ($MN)
8 Global Peat Market Outlook, By Sepric (2019-2028) ($MN)
9 Global Peat Market Outlook, By Application (2019-2028) ($MN)
10 Global Peat Market Outlook, By Biofiltration/Water Filtration (2019-2028) ($MN)
11 Global Peat Market Outlook, By Energy Fuel (2019-2028) ($MN)
12 Global Peat Market Outlook, By Agriculture and Horticulture (2019-2028) ($MN)
13 Global Peat Market Outlook, By Domestic (2019-2028) ($MN)
14 Global Peat Market Outlook, By Medicine (2019-2028) ($MN)
15 Global Peat Market Outlook, By Power Generation (2019-2028) ($MN)
16 Global Peat Market Outlook, By Freshwater Aquaria (2019-2028) ($MN)
17 Global Peat Market Outlook, By End User (2019-2028) ($MN)
18 Global Peat Market Outlook, By Automotive (2019-2028) ($MN)
19 Global Peat Market Outlook, By Chemical & Petrochemical (2019-2028) ($MN)
20 Global Peat Market Outlook, By Energy & Power (2019-2028) ($MN)
21 Global Peat Market Outlook, By Food & Beverages (2019-2028) ($MN)
22 Global Peat Market Outlook, By Healthcare (2019-2028) ($MN)
23 Global Peat Market Outlook, By Oil & Gas (2019-2028) ($MN)
24 North America Peat Market Outlook, By Country (2019-2028) ($MN)
25 North America Peat Market Outlook, By Type (2019-2028) ($MN)
26 North America Peat Market Outlook, By Coco Peat (2019-2028) ($MN)
27 North America Peat Market Outlook, By Sod Peat (2019-2028) ($MN)
28 North America Peat Market Outlook, By Material Type (2019-2028) ($MN)
29 North America Peat Market Outlook, By Fabric (2019-2028) ($MN)
30 North America Peat Market Outlook, By Hemic (2019-2028) ($MN)
31 North America Peat Market Outlook, By Sepric (2019-2028) ($MN)
32 North America Peat Market Outlook, By Application (2019-2028) ($MN)
33 North America Peat Market Outlook, By Biofiltration/Water Filtration (2019-2028) ($MN)
34 North America Peat Market Outlook, By Energy Fuel (2019-2028) ($MN)
35 North America Peat Market Outlook, By Agriculture and Horticulture (2019-2028) ($MN)
36 North America Peat Market Outlook, By Domestic (2019-2028) ($MN)
37 North America Peat Market Outlook, By Medicine (2019-2028) ($MN)
38 North America Peat Market Outlook, By Power Generation (2019-2028) ($MN)
39 North America Peat Market Outlook, By Freshwater Aquaria (2019-2028) ($MN)
40 North America Peat Market Outlook, By End User (2019-2028) ($MN)
41 North America Peat Market Outlook, By Automotive (2019-2028) ($MN)
42 North America Peat Market Outlook, By Chemical & Petrochemical (2019-2028) ($MN)
43 North America Peat Market Outlook, By Energy & Power (2019-2028) ($MN)
44 North America Peat Market Outlook, By Food & Beverages (2019-2028) ($MN)
45 North America Peat Market Outlook, By Healthcare (2019-2028) ($MN)
46 North America Peat Market Outlook, By Oil & Gas (2019-2028) ($MN)
47 Europe Peat Market Outlook, By Country (2019-2028) ($MN)
48 Europe Peat Market Outlook, By Type (2019-2028) ($MN)
49 Europe Peat Market Outlook, By Coco Peat (2019-2028) ($MN)
50 Europe Peat Market Outlook, By Sod Peat (2019-2028) ($MN)
51 Europe Peat Market Outlook, By Material Type (2019-2028) ($MN)
52 Europe Peat Market Outlook, By Fabric (2019-2028) ($MN)
53 Europe Peat Market Outlook, By Hemic (2019-2028) ($MN)
54 Europe Peat Market Outlook, By Sepric (2019-2028) ($MN)
55 Europe Peat Market Outlook, By Application (2019-2028) ($MN)
56 Europe Peat Market Outlook, By Biofiltration/Water Filtration (2019-2028) ($MN)
57 Europe Peat Market Outlook, By Energy Fuel (2019-2028) ($MN)
58 Europe Peat Market Outlook, By Agriculture and Horticulture (2019-2028) ($MN)
59 Europe Peat Market Outlook, By Domestic (2019-2028) ($MN)
60 Europe Peat Market Outlook, By Medicine (2019-2028) ($MN)
61 Europe Peat Market Outlook, By Power Generation (2019-2028) ($MN)
62 Europe Peat Market Outlook, By Freshwater Aquaria (2019-2028) ($MN)
63 Europe Peat Market Outlook, By End User (2019-2028) ($MN)
64 Europe Peat Market Outlook, By Automotive (2019-2028) ($MN)
65 Europe Peat Market Outlook, By Chemical & Petrochemical (2019-2028) ($MN)
66 Europe Peat Market Outlook, By Energy & Power (2019-2028) ($MN)
67 Europe Peat Market Outlook, By Food & Beverages (2019-2028) ($MN)
68 Europe Peat Market Outlook, By Healthcare (2019-2028) ($MN)
69 Europe Peat Market Outlook, By Oil & Gas (2019-2028) ($MN)
70 Asia Pacific Peat Market Outlook, By Country (2019-2028) ($MN)
71 Asia Pacific Peat Market Outlook, By Type (2019-2028) ($MN)
72 Asia Pacific Peat Market Outlook, By Coco Peat (2019-2028) ($MN)
73 Asia Pacific Peat Market Outlook, By Sod Peat (2019-2028) ($MN)
74 Asia Pacific Peat Market Outlook, By Material Type (2019-2028) ($MN)
75 Asia Pacific Peat Market Outlook, By Fabric (2019-2028) ($MN)
76 Asia Pacific Peat Market Outlook, By Hemic (2019-2028) ($MN)
77 Asia Pacific Peat Market Outlook, By Sepric (2019-2028) ($MN)
78 Asia Pacific Peat Market Outlook, By Application (2019-2028) ($MN)
79 Asia Pacific Peat Market Outlook, By Biofiltration/Water Filtration (2019-2028) ($MN)
80 Asia Pacific Peat Market Outlook, By Energy Fuel (2019-2028) ($MN)
81 Asia Pacific Peat Market Outlook, By Agriculture and Horticulture (2019-2028) ($MN)
82 Asia Pacific Peat Market Outlook, By Domestic (2019-2028) ($MN)
83 Asia Pacific Peat Market Outlook, By Medicine (2019-2028) ($MN)
84 Asia Pacific Peat Market Outlook, By Power Generation (2019-2028) ($MN)
85 Asia Pacific Peat Market Outlook, By Freshwater Aquaria (2019-2028) ($MN)
86 Asia Pacific Peat Market Outlook, By End User (2019-2028) ($MN)
87 Asia Pacific Peat Market Outlook, By Automotive (2019-2028) ($MN)
88 Asia Pacific Peat Market Outlook, By Chemical & Petrochemical (2019-2028) ($MN)
89 Asia Pacific Peat Market Outlook, By Energy & Power (2019-2028) ($MN)
90 Asia Pacific Peat Market Outlook, By Food & Beverages (2019-2028) ($MN)
91 Asia Pacific Peat Market Outlook, By Healthcare (2019-2028) ($MN)
92 Asia Pacific Peat Market Outlook, By Oil & Gas (2019-2028) ($MN)
93 South America Peat Market Outlook, By Country (2019-2028) ($MN)
94 South America Peat Market Outlook, By Type (2019-2028) ($MN)
95 South America Peat Market Outlook, By Coco Peat (2019-2028) ($MN)
96 South America Peat Market Outlook, By Sod Peat (2019-2028) ($MN)
97 South America Peat Market Outlook, By Material Type (2019-2028) ($MN)
98 South America Peat Market Outlook, By Fabric (2019-2028) ($MN)
99 South America Peat Market Outlook, By Hemic (2019-2028) ($MN)
100 South America Peat Market Outlook, By Sepric (2019-2028) ($MN)
101 South America Peat Market Outlook, By Application (2019-2028) ($MN)
102 South America Peat Market Outlook, By Biofiltration/Water Filtration (2019-2028) ($MN)
103 South America Peat Market Outlook, By Energy Fuel (2019-2028) ($MN)
104 South America Peat Market Outlook, By Agriculture and Horticulture (2019-2028) ($MN)
105 South America Peat Market Outlook, By Domestic (2019-2028) ($MN)
106 South America Peat Market Outlook, By Medicine (2019-2028) ($MN)
107 South America Peat Market Outlook, By Power Generation (2019-2028) ($MN)
108 South America Peat Market Outlook, By Freshwater Aquaria (2019-2028) ($MN)
109 South America Peat Market Outlook, By End User (2019-2028) ($MN)
110 South America Peat Market Outlook, By Automotive (2019-2028) ($MN)
111 South America Peat Market Outlook, By Chemical & Petrochemical (2019-2028) ($MN)
112 South America Peat Market Outlook, By Energy & Power (2019-2028) ($MN)
113 South America Peat Market Outlook, By Food & Beverages (2019-2028) ($MN)
114 South America Peat Market Outlook, By Healthcare (2019-2028) ($MN)
115 South America Peat Market Outlook, By Oil & Gas (2019-2028) ($MN)
116 Middle East & Africa Peat Market Outlook, By Country (2019-2028) ($MN)
117 Middle East & Africa Peat Market Outlook, By Type (2019-2028) ($MN)
118 Middle East & Africa Peat Market Outlook, By Coco Peat (2019-2028) ($MN)
119 Middle East & Africa Peat Market Outlook, By Sod Peat (2019-2028) ($MN)
120 Middle East & Africa Peat Market Outlook, By Material Type (2019-2028) ($MN)
121 Middle East & Africa Peat Market Outlook, By Fabric (2019-2028) ($MN)
122 Middle East & Africa Peat Market Outlook, By Hemic (2019-2028) ($MN)
123 Middle East & Africa Peat Market Outlook, By Sepric (2019-2028) ($MN)
124 Middle East & Africa Peat Market Outlook, By Application (2019-2028) ($MN)
125 Middle East & Africa Peat Market Outlook, By Biofiltration/Water Filtration (2019-2028) ($MN)
126 Middle East & Africa Peat Market Outlook, By Energy Fuel (2019-2028) ($MN)
127 Middle East & Africa Peat Market Outlook, By Agriculture and Horticulture (2019-2028) ($MN)
128 Middle East & Africa Peat Market Outlook, By Domestic (2019-2028) ($MN)
129 Middle East & Africa Peat Market Outlook, By Medicine (2019-2028) ($MN)
130 Middle East & Africa Peat Market Outlook, By Power Generation (2019-2028) ($MN)
131 Middle East & Africa Peat Market Outlook, By Freshwater Aquaria (2019-2028) ($MN)
132 Middle East & Africa Peat Market Outlook, By End User (2019-2028) ($MN)
133 Middle East & Africa Peat Market Outlook, By Automotive (2019-2028) ($MN)
134 Middle East & Africa Peat Market Outlook, By Chemical & Petrochemical (2019-2028) ($MN)
135 Middle East & Africa Peat Market Outlook, By Energy & Power (2019-2028) ($MN)
136 Middle East & Africa Peat Market Outlook, By Food & Beverages (2019-2028) ($MN)
137 Middle East & Africa Peat Market Outlook, By Healthcare (2019-2028) ($MN)
138 Middle East & Africa Peat Market Outlook, By Oil & Gas (2019-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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