+ Larger Font | + Smaller Font
Share

Welcome to Robin's Social Network

Be part of the community and join us today!

Peat Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

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.

 

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.

 

Request Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2232

 

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

 

Request For Custom Research @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2232



on July 1 at 9:28

Comments (0)




Become a member and experience a unique opportunity to post blogs, photos, Youtube Vimeo videos, topics, events, and create groups on Robin's Social Networking Site. Use Robin's Social to sell products, services and market your business when posting blogs.

By registering and posting content, you agree to the terms listed at... Posting Terms and Conditions. Enjoy!

© 2019 Robin's Social Network Content By Members. All Rights Reserved.