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Peat Market to hit USD 18.86 Mn by 2029 at a CAGR of 14.2 percent, Global Trends and Regional Insights

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Peat Market to hit USD 18.86 Mn by 2029 at a CAGR of 14.2 percent, Global Trends and Regional Insights

April 18
20:12 2023
Peat Market to hit USD 18.86 Mn by 2029 at a CAGR of 14.2 percent, Global Trends and Regional Insights
Peat Market
The Peat Market size was valued at USD 6.52 Million in 2021 and is expected to grow by 14.2% from 2022 to 2029, reaching nearly USD 18.86 Million.

Pune, 18, April, 2023: Maximize Market Research, an Energy & Power business research firm has published a report on the “Peat Market”. The total market opportunity for Peat was USD 6.52 Mn in 2021 and is expected to grow at 14.2 percent CAGR through the forecast period to reach USD 18.86 Mn by 2029.

Peat Market Report Scope and Research Methodology

The report offers a detailed analysis of drivers, restraints, opportunities and challenges for the Peat Market. Both primary and secondary data were thoroughly analyzed and combined in order to offer an accurate and error-free report and to estimate and authenticate global and regional Peat Market size, the bottom-up approach was used.  The primary research employed includes email interactions, telephonic interviews and face-to-face interviews for detailed and unbiased reviews on the Peat industry, while the secondary data were collected from official databases of various organizations and government sites, annual or financial reports, industry journals, etc. Furthermore, Porter’s Five Forces analysis explains buyers’ bargaining power, the threat of new entrants, suppliers’ bargaining power, the threat of substitutes and the degree of competition in the Peat Market. SWOT analysis was used to provide the strengths, weaknesses, opportunities and challenges for the key players in the Peat industry. PESTLE analysis employed helps to understand the Peat Market from various different perspectives. 

Peat Market Dynamics

The global market is primarily driven by the increasing demand for the organic and natural matter. the market is also driven by the rapid increase in industrialization across the world. The demand for peat is increasing due to the increasing demand for electricity generation and from several industries for horticulture, water treatment and alcoholic beverage. The increasing demand for sustainable sources of energy production is influencing market growth. Peat moss does not have nutrients, which is discouraging farmers from using it. This is the major factor restraining the growth of the peat market.  

Get a Sample Copy of the Report: 

Peat Market Regional Insights

In 2021, the North America region held the largest Peat Market share. This growth of the market is attributed to the increasing demand for renewable energy sources. 

The Peat Market in the Asia Pacific region is expected to grow at a high rate during the forecast period. The regional market is growing majorly due to the rapidly evolving agricultural landscape in developing countries such as China and India.  

Peat Market Segmentation

By Type

  • Coco Peat
  • Sod Peat
  • Others


By Material Type

  • Sepric
  • Hemic
  • Fabric
  • Others


By End-Use

  • Agriculture
  • Fuel & Energy
  • Domestic
  • Medicine
  • Others


Peat Market Key Competitors include:

  • Klasmann-Deilmann GmbH
  • Bord na Mona
  • Global Peat Ltd.
  • Global Coirs
  • Stender AG
  • Neova AB
  • Cocogreen®
  • AB Rekyva
  • AS Tootsi Turvas
  • T & J Enterprises
  • Globalcoirs
  • Oulun Energia Oy
  • Vapo
  • Jiffy Types International B.V
  • Elva E.P.T. Ltd.
  • Global Peat Ltd
  • Dutch Plantin
  • Lambert
  • Sun Gro Horticulture
  • Premier Tech


Table of Content for Peat Market

  • Global Peat Market: Research Methodology


  • Global Peat Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders 
  • Recommendations for New Market Entry


  • Global Peat Market: Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities 
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact


  • Global Peat Market Segmentation
  • Global Market, by Type (2021-2029)
  • Global Market, by Material Type (2021-2029)
  • Global Market, by End-Use (2021-2029)


  • Regional Peat Market (2021-2029)
  • Regional Market, by Type (2021-2029)
  • Regional Market, by Material Type (2021-2029)
  • Regional Market, by End-Use (2021-2029)
  • Regional Market, by Country (2021-2029)


  • Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy 
  • Recent Developments


Get the Sample PDF of Report: 

Key questions answered in the Peat Market:

  • What is the expected Peat Market size by 2029?
  • Which Peat Market segment is expected to grow at a high rate during the forecast period?
  • What are the factors driving the Peat Market growth?
  • What are the challenges that Peat Market is expected to face in the future?
  • What are the factors creating growth opportunities for the Peat Market?
  • Which region held the largest Peat Market share in 2021?
  • Which regional Peat Market is expected to grow at a high CAGR during the forecast period?
  • Who are the key players in the Peat Industry?
  • What are the strategies of the key players to increase their presence in the global Peat Market?


Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Type, Material Type, End-Use and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 


Maximize Market Research is leading Chemical and Material research firm, has also published the following reports:

Turf Care Equipment Market – The market size is expected to reach USD 19.91 billion by 2029 at a CAGR of 7.6 percent during the forecast period. The market is expected to be driven by increasing demand for DIY landscaping projects across the world. 

Turf Protection Chemicals Market – The market size is expected to reach USD 8.94 billion by 2029 at a CAGR of 4.7 percent during the forecast period. The market is driven by the increasing sports activities and artificial turf from the residential and commercial industries.


About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical Types and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, Typeion and demand analysis, and client impact studies.


Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected] 

+91 96071 95908, +91 9607365656

Media Contact
Contact Person: Geeta Yevle
Email: Send Email
Phone: +91 9607365656
Address:3rd Floor, Navale IT Park, Phase 2, Pune Banglore Highway, Narhe,
City: Pune
State: Maharashtra
Country: India