Press release
Peat Market Size, Share, Development by 2023
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.
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Global Peat Market: Forecast by Type / Application / Region
In 2015, Europe is the largest supplier and consumption market of peat with revenue market share of 90.92% due to the great demand. Following Europe is Canada, with occupied market share of 4.28%.
In the market Klasmann-Deilmann GmbH, Vapo Oy, Jiffy Products, Premier Tech, Sun Gro Horticulture, Lambert, Bord na Mona PLC, Rėkyva, Coco Green, Dutch Plantin, and Turveruukki Oy are the market leader. Vapo Oy is the larget palyer and it major market is in Europe, Lambert is the largest in North America.
Over the next five years, LPI(LP Information) projects that Peat will register a 2.1% CAGR in terms of revenue, reach US$ 860 million by 2023, from US$ 760 million in 2017.
Global Peat Market: Key Players
Klasmann-Deilmann GmbH
Vapo Oy
Jiffy Products
Premier Tech
Sun Gro Horticulture
Lambert
Bord na Mona PLC
Rėkyva
Coco Green
Dutch Plantin
SMS Exports
Turveruukki Oy
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Related Information:
United States Peat Market Research Report 2018
Europe Peat Market Research Report 2018
North America Peat Market Research Report 2018
Asia-Pacific Peat Market Research Report 2018
China Peat Market Research Report 2018
EMEA Peat Market Research Report 2018
Global Peat Market Research Report 2018
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