Peat Market Share

Europe Market Statistics

On the basis of geographical analysis, the global peat market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Europe industry is likely to hold largest revenue share by 2037, propelled by presence of large number of peatlands in various countries of the continent, especially in British Isles and Scandinavia.

Latin America Market Analysis

Moreover, the peat market in Latin America is predicted to witness notable growth during the forecast period owing to the presence of favorable climate conditions that support the growth of tropical peat, namely in countries such as Brazil, Peru, Argentina, Colombia and Venezuela.