
The global peat market has seen a remarkable growth over the past few years and it has been expected that the global market will maintain the growth status during the forecast period. The global peat market has been driven by the key factors such as rising demand of peat in the application industries like fuel & energy, agriculture, domestic, medicine and others. Peat has a major contribution to the fuel and energy industry and additionally, in countries like Finland and Ireland, peat is majorly used for harvesting on an industrial scale. Countries such as Scotland and Ireland, peat are also used in cooking as in these regions where there is a scarcity of trees. These all factors are driving the global market and creating opportunities for manufacturers to cover the market.