Coco peat is made of coconut husk and it is also known as coir peat or coir pith. It is an excellent alternative or substitute to rock wool or peat moss, which are inorganic and non-biodegradable in nature, resulting in the significant growth of the cocopeat market.
The cocopeat is used as an organic manure, soil substrate, or growing medium for plant crops. These are first cleaned, washed, heat treated, graded before they are put for processing into coco peat products of different density and granularity.
Lately, there is an increase in in hydroponics method of growing fruits and vegetables such as cucumber, tomatoes, celery, lettuce, etc without the use of soil.
In the hydroponics method has been witnessing a growing trend as they offer nutritional benefits as compared to conventional method, soil grown vegetables and fruits.
Some of the advantages of cocopeat in hydroponics are-
It is an eco-friendly, natural, and sustainable product for growing vegetables and fruits.
One of the major and important factors for cocopeat’s growing popularity in hydroponics is, it has high water holding capacity, and it is crucial for hydroponics else hydroponics will go wrong.
Sustainability to Strengthen the Coco Peat Market
There has been surge not only in the hydroponics method of growing, but also the terrace gardening. Several urban dwellers are resorting to terrace gardening to grow vegetables and fruits, owing to the surge in growth opportunities for the cocopeat market.
Another growth driving factor for the cocopeat market is its sustainability property. Off late, the sustainable gardening or natural way of growing fruits and vegetables are gaining the momentum, leading to the high sales in the cocopeat market.
If used carefully, cocopeat can be used time and again, as compared to potting soil. Cocopeat is an organic fertilizer and is considered to be more economical as compared to inorganic fertilizers and sustainable or long lasting. It can also be mixed with inorganic fertilizers; such is the versatility of cocopeat.
Geotextile to Intensify the Market
The growing demand for geotextile is predicted to boost the demand for cocopeat market in the coming years.
Geotextiles helps in preventing soil erosion also promotes the growth of vegetations on the banks and slopes by working as temporary cover soil.
The geotextiles are in demand because they are eco-friendly, biodegradable, can be used on high gradients, and has high tensile strength.
Further, these are available in various sizes, improves the quality of soil, and can be custom made, owing to the increase in demand for cocopeat market in the coming years.
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Geo textiles are capable of maintaining the soil stability, preventing humus, or loss of nutrients which are otherwise tough in the slopes and gradients.
Further, they offer excellent insulation over air and changing temperature. These can be reinforced on ground, slopes, roads, or even railway tracks and lasts up to five years, thus cocopeat market is predicted to have a massive demand and enormous growth in the near future.