Peat Market Analysis

The market is segmented by material type into fibric, hemic, sapric, and others, out of which, the fibric segment is anticipated to hold the largest share in the global peat market on account of the wide use of this type of peat in various applications across the globe, and the ability of fibric peat to stimulate plant growth and root development effectively. Additionally, on the basis of application, the segment for agriculture is assessed to occupy the largest share over the forecast period, which can be ascribed to the high usage of peat for the production of organic fertilizer and as a garden soil, and as a significant component of garden plant substrates. 

Our in-depth analysis of the global market includes the following segments