City of Industry, CA -- (SBWIRE) -- 06/15/2018 -- This report studies the global Peat market status and forecast, categorizes the global Peat market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

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.

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 recent years, the price of peat is increasing slowly due to the limited resources.

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In the market Klasmann-Deilmann GmbH, Vapo Oy, Jiffy Products, Premier Tech, Sun Gro Horticulture, Lambert, Bord na Mona PLC, R?kyva, 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.

The global Peat market is valued at 760 million US$ in 2017 and will reach 910 million US$ by the end of 2025, growing at a CAGR of 2.2% during 2018-2025.

The major manufacturers covered in this report

Klasmann-Deilmann GmbH

Vapo Oy

Jiffy Products

Premier Tech

Sun Gro Horticulture

Lambert

Bord na Mona PLC

R?kyva

Coco Green

Dutch Plantin

SMS Exports

Turveruukki Oy

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