In 2019, the US Peat market was estimated at 1,645 thousand tons and is expected to grow to 2,055 thousand tons in 2026 with a growth rate of 2.4% over this period.
This industry report offers market estimates and forecasts of the US market, followed by a detailed analysis of the product, applications, trade. The US market data on peat can be segmented by product: hypnum peat, peat humus, reed-sedge peat, and sphagnum peat. The sphagnum peat segment held the largest market share in 2019. However, the peat humus segment is expected to witness the highest CAGR during the forecast period. Peat market is further segmented by applications: general soil amendment, golf course maintenance, potting mix ingredient, and others. The golf course maintenance segment is expected to enjoy the highest CAGR through 2026. Based on trade, the peat market is segmented into: import, and export.
The study provides historical market data (2016-2019) and forecasts from 2020 till 2026. The market size and estimations are provided in terms of volume (thousand tons) considering 2019 as base year and market forecast will be given from 2020 to 2026.
The data-centric report focuses on market trends, status and outlook for segments, and future growth. With comprehensive coverage of the market across different market segments the report is a valuable asset for the existing players, new entrants and the future investors.
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