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Global Pervious Pavement Market Size, Share, Price, Trends, Growth, Analysis, Key Players Overview, Outlook, Report, Forecast 2022-2027 | EMR Inc.

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Global Pervious Pavement Market Size, Share, Price, Trends, Growth, Analysis, Key Players Overview, Outlook, Report, Forecast 2022-2027 | EMR Inc.

May 27
03:34 2022
Global Pervious Pavement Market Size, Share, Price, Trends, Growth, Analysis, Key Players Overview, Outlook, Report, Forecast 2022-2027 | EMR Inc.
Global Pervious Pavement Market Report and Forecast 2022-2027
Global Pervious Pavement Market To Be Driven By The Special And Environmental Features Of Pervious Pavements In The Forecast Period Of 2022-2027

The new report by Expert Market Research titled, ‘Global Pervious Pavement Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global pervious pavement market, assessing the market based on its segments like types, designs, applications, end-user industries, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2020): USD 17 Billion
  • Forecast CAGR (2022-2027): 5.2%

Pervious concrete, porous brick, and porous asphalt are the materials that are used primarily in the pervious pavement. Porous asphalt helps in removing contaminants in storm water at the surface level itself, before it gets into underground, hence it is an environment-friendly product, thereby boosting the market growth. Porous brick helps in preventing floods, by allowing excess water to pass through it. Pervious pavement method provides better grip to the vehicles moving on it, and also prevents the disorientation or damage of road structures, caused due to change in temperature levels. All these advantages of pervious pavements are expected to bolster the growth of the market.

Industry Definition and Major Segments

Pervious pavement is also known as porous or permeable pavement, and is a method of paving, which allows storm water to flow into the ground. This technique is largely used in sideways, swimming pools, parking lots, washrooms, and commercial spaces. This method is used to rise the ground water level by minimising the contaminants present in the surface water.

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On the basis of type, the market can be divided into:

  • Pervious Concrete
  • Porous Asphalt
  • Porous Brick

Based on design, the market can be divided into:

  • Hydrological
  • Structure

On the basis of application, the market can be segmented into:

  • Building Apartments
  • Gardens and Swimming Pools
  • Floors and Parking Spaces
  • Roads and Highways
  • Sideways and Footpaths
  • Others

On the basis of the end-user industry, the market can be segmented into:

  • Apartment Builders
  • Road Construction Companies
  • Others

By region, the global pervious pavement market can be divided into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Pervious pavement method is being used by various builders and construction companies, owing to the rise in demand for green buildings and rapid urbanisation in the developing countries, where there is a continuous depletion of ground water. This is expected to augment the growth of market. Increasing demand for roads, highways, and buildings are also augmenting the ever growing need for pervious pavement methods. Large number of migrants moving from rural to urban areas are leading to the need for more housings, which in turn, is expected to further enhance the pervious pavement market growth. The easy availability of low-cost lightweight plastics necessary for filling and manufacturing pallet-sized grids substantially lowers shipping and transportation costs, aiding in market expansion.

Key Market Players

The major players in the market are LafargeHolcim Ltd, Chaney Enterprises, Fred Adams Paving Co., Inc., Pervious Paving Contractors LLC, and Pervious Concrete, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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