European Peat Market to See Sluggish Demand Growth in the Years Ahead, Informs TMR in Its Topical Study Available at MarketPublishers.com06 Oct 2017 • by Natalie Aster
LONDON – The demand for peat in the European region is set to see sluggish growth in the short run restrained by extensive concerns associated with environmental issues, uptake in renewables sector on a large scale and also expanding usage of alternative substitutes, for example, coir, wood fiber, green compost and land fill biomass.
Presently, Europe stays in the lead in the world’s peat market in terms of both demand and production. Finland, Ireland and Sweden are the major consumers of peat in this region.
Governmental regulations and escalating environmental concerns have a remarkable negative impact on the European peat market and, further, are poised to continue hampering the market growth in the foreseeable future.
Topical research study “Peat Market (Material - Sapric, Hemic, and Fibric; End Use - Power Generation, Agriculture, Freshwater Aquaria, and Water Filtration) - Europe Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024” prepared by Transparency Market Research (TMR) gives access to trustworthy info on the market historical background, current scenario, dynamics and situation across the key regional markets. Besides, it includes a detailed market segmentation analysis, examines the key market growth influencing forces, sheds light on top trends and points out emerging growth opportunities and threats. In-depth insights into competitive landscape, Porter’s Five Forces analysis, value chain analysis, evaluation of the market attractiveness and data on key participants are also provided in this research report. Additionally, this report discusses future possible growth prospects and development patters as well as offers a future outlook for the European peat market up till 2024.
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