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Pervious Pavement Market by Application, Material, Design - Global Forecast to 2026

Pervious Pavement Market: Global Forecast until 2026

  • November 2016
  • 154 pages
  • ID: 4392655
In this report:
On the other hand, the porous asphalt segment, having applications limited to hardscape structures, is expected to witness a lower growth rate of ##.##% from 2016 to 2021.
The hardscape segment accounted for the largest market share of ##.##% in 2015; this is projected to grow at the highest CAGR of ##.##% from 2016 to 2021, as these countries are expected to witness high investment in the infrastructural construction such as new roads, pathways, and recreational construction

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"Pervious pavement market forecasted to grow at a compound annual growth rate (CAGR) of 5.70 percent between 2016 and 2026"

The pervious pavement market size is presumed to grow at a compound annual growth rate (CAGR) of 5.7% during the forecast horizon of 2016 - 2026 and attain ~$22.2B by 2026. The pervious pavement market are gaining momentum in the modern construction industry due Elements such as increasing concern about storm water management, depletion of ground water level, and reduced environmental impact as the materials in pervious pavements can be recycled, thus preserving natural resources. Other benefits combined with pervious concrete, including enhanced safety, better nighttime visibility, lower tower noise, and enhanced safety are also driving the rise of this market. Lack of awareness about the technology and low demand from saturated industries are selecting the increase of this market.

"In application segment, hardscape held a considerably larger market share in the pervious pavement market"

The hardscape application segment is projected to dominate the pervious pavement market and is forecasted to be the quickest-growing segment during the estimate period. The Compound annual growth rate for this industry segment is expected to increase at a higher rate over the upcoming ten years, as hardscapes are highly exposed to rain and snow falls and the use of pervious pavements to build these structures affords superior utility with regard to reduced runoff and stormwater management.

"North-America area is forecast to witness a steady rise during the outlook period"

In 2015, Europe (EU) recorded for a larger market share of the total pervious pavement market, in terms of value importance, succeeded by North America (NA) and Asia Pacific (APAC). The european (EU) market is expected to rise at a comparatively lower rate than the other area as a result of weak construction demand in the region due to sub-performing economic condition. North America continent is expected to register the more significant increase from 2016 to 2021, wherein the U.S.A is forecasted to be quickest-increasing country-level market in the area for pervious pavement market. The Asia Pacific (APAC) area is expected to grow at the second-highest Compound annual growth rate between 2016 and 2021, with Australia (AU) recording the maximum growth rate in the territory. Emerging economies including China, India (IN), Russian Federation, Brazil (BR), and territories in the Middle East (ME) are expected to grow at moderate CAGRs between 2016 and 2021.

Breakdown of Primaries

Primary Q&A were managed with a number of industry experts in order to gather info associated to various aspects of the pervious pavement market. Measures reached after analyzing secondary sources were validated through these interviews. Primary sources included professionals including constructors, concrete suppliers, pervious module manufacturers, distributors, consultants, and academic professionals. The classification of primaries interviews is like:

By Company Type: Tier 1 -33.0 percent, Tier 2 - 50.0 percent, Tier 3 - 17.0 percent

By Designation: Director Level - 33.0 percent, Manager Level - 67.0 percent

By area: North america (NA) - 8.0 percent, Europe - 17.0 percent, Asia-Pacific - 50.0 percent, RoW - 25.0 percent

Note: The 1/3 of the companies, the tiers of the corporations is defined on the basis of their final revenue, as of 2015.

Tier n1: Revenue > $10.0B; Tier 2: $1.0B > Revenue > $10.0B; Tier 3: Revenue < $1.0B

Segment Research

The distribution considered for this business report is based on application, material, design, and territories that constitute the top sectors. The industry report offers An in-depth study of the main industry actors that has been done to provide business insights into their sector overview, products & services, top strategies, recent product launches, strategic agreements, business growths, and recent evolutions combined with the pervious pavement market.

Why acquiring this study can help you

This study will help the industry leaders (and new entrants) in the following aspects:

1. This document breaks down the pervious pavement market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. The market research benefits partners to comprehend the sector and offers them information on main market drivers, market restraints, alternatives, and opportunities.

3. This industry report will facilitate partners to better find out their players and obtain additional insights into their rank in the business sector. The competitive outlook section includes new industry product developments, acquisitions, strategic agreements, alliances, and business developments.

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