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Peat Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
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COVID-19
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Request Now !Peat Market Analysis 2020-2027:
Peat is an organic matter that consists of decayed vegetation. It is a brown deposit resembling color and texture as soil formed by decaying vegetable matter in wet and acidic conditions that are often cut and dried for use as fuel, for gardening, agricultural energy, agriculture, and energy generation. It is rich in organic content; provides excellent aeration and moisture when used in soil. Different types of peat materials include hemic, sapric, and fibric. These are majorly used in agricultural activity, fresh water aquaria, water filtration, and electricity generation.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast unit | Value (USD) |
Segments covered | Type, Application, Industry Vertical, and Region |
Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
Companies covered | Global Peat Ltd., Coco Green, Dutch Plantin, SMS Exports, Klasmann-Deilmann GmbH, Vapo Group, Elva E.P.T Ltd., Peat Land Ukraine, Stender AG, Globalcoirs, T&J Enterprises, Jiffy Products International B.V., Lambert Peat Moss, Sun Gro Horticulture, Neova AB, BORD NA MONA, AB Rekyva, Premier Tech, Allwin Coir, JIT Holdings, Benlion Coir Industry, Dynamic International, Hortgrow, Xiamen Green Field, Sai Coco Peat, Kumaran Coirs |
COVID-19 scenario analysis:
- The global scenario has drastically changed; the COVID-19 pandemic has put the world in a standstill position.
- The disease has been spread to almost every country and has significantly changed the market conditions globally.
- Supply chains have been fully disrupted due to lockdown in every country or city. There is lack of supply of everything due to stricter rules.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
Increase in demand for natural and organic matter has driven the demand for peat globally. Increased concerns in relation to environmental problem and awareness regarding importance of renewable sources of energy foresee the depleting sources of non-renewable sources of energy There is also increase in demand for electricity generation, owing to increase in population. Increase in demand for bio-fuels leads to increase in demand for peat. Several industries for water treatment, horticulture, and alcoholic beverage are likely to increase the demand for peat as well.
The restraining factor in case of peat is that it lacks in nutrients and is considered as a slow renewable source (peat is sometimes considered to be a "slow renewable energy" and is classified as a "fossil solid" instead of biomass fuel by the Intergovernmental Panel on Climate Change (IPCC)). Although peat is not just fossil fuel, its greenhouse gas emissions are compared to fossil fuel, which hinders its market growth globally.
Regional outlook
The regions analyzed in the report include North America (the U.S. and Canada), Europe (Germany, the UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East & Africa. Highest revenue producing region for the peat market Is Asia-Pacific. North America is the fastest-growing market due to increased demand for renewable sources of energy, owing to environmental concerns.
Key segments covered:
Segments | Sub-segments |
Type |
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Application |
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Industry Vertical |
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Key benefits of the report:
- This study presents the analytical depiction of the global peat market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global peat market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global peat market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the peat market research report:
- Which are the leading market players active in the market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
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