Peat Market - Europe Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Trishg05 Sep, 2022Business

Peat is being used since the 17th century, majorly as an energy fuel until a few years ago, and continues to be used across a number of application areas. Peat finds applications in the horticulture and agriculture sectors owing to its rich organic properties, providing excellent aeration and moisture when used with soil. However, rising environmental concerns and concerns related to commercial rate of extraction of peat have started to significantly diminish the growth opportunities of the overall market for peat across the globe.