Press release
Peat Market Europe Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 | Europe. Cocogreen, T & J Enterprises, Global Coirs, Global Peat Ltd., and SMSCOCO
Press Release – 23 Aug 2018Research and Development News --
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Latest Update "Peat Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019" with Industries Survey | Global Current Growth and Future.
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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. Soils that contain significant amount of peat are referred to as a histosol. It is generally formed in wetland temperatures, where flooding slows down the rates of decomposition by obstructing the flow of oxygen from the atmosphere. Peat is harvested as a vital source of fuel in different regions of the world. Different types of peat materials such as sapric, hemic and fibric are majorly consumed in agriculture, freshwater aquaria, water filtration, and generating electricity.
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The global market for peat has been witnessing noticeable growing owing to its reputation as a renewable source of energy, where the extraction rate has exceeded its slow re-growth rate in industrialized countries. Due to this, peat has been gaining significant importance in the fuel industry following which the UNFCCC, and other organizations affiliated with the UN have classified peat as important source of fuel.
Growing demand for electricity generation on account of growing population has been one of the major factors driving the peat market. Growing industries of alcoholic beverages, water treatment and horticulture are also anticipated to contribute to the growth of the market. However, owing to its classification as a “slow renewable fuel” by the Intergovernmental Panel on Climate Change (IPCC) and many other manufacturers, peat industry is expected to experience a slowdown in the next few years. Increasing popularity for bio-fuels and focus on development of bio-based peat products are expected to provide new opportunities for the growth of the market. North America and South America were some of the largest producers for peat, followed by Europe. Cocogreen, T & J Enterprises, Global Coirs, Global Peat Ltd., and SMSCOCO are some of the major peat manufacturer in the industry.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
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