The global market for Pervious Pavement is estimated at US$18.9 Billion in 2023 and is projected to reach US$26.0 Billion by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the pervious pavement market is driven by several factors. One major driver is the increasing awareness of environmental sustainability and the need for effective stormwater management solutions in urban areas. Regulatory pressures and incentives for green infrastructure projects are also propelling the adoption of pervious pavements. Technological advancements that improve the durability and performance of pervious materials are further boosting market growth by making these solutions more viable and attractive to developers and municipalities.
Additionally, the rising demand for resilient infrastructure that can withstand climate change impacts, such as increased rainfall and flooding, is driving the market. The growing emphasis on sustainable urban development and the integration of green building practices are ensuring a robust growth trajectory for the pervious pavement market, as cities and communities seek to enhance their environmental and infrastructural sustainability.
The growth in the pervious pavement market is driven by several factors. One major driver is the increasing awareness of environmental sustainability and the need for effective stormwater management solutions in urban areas. Regulatory pressures and incentives for green infrastructure projects are also propelling the adoption of pervious pavements. Technological advancements that improve the durability and performance of pervious materials are further boosting market growth by making these solutions more viable and attractive to developers and municipalities.
Additionally, the rising demand for resilient infrastructure that can withstand climate change impacts, such as increased rainfall and flooding, is driving the market. The growing emphasis on sustainable urban development and the integration of green building practices are ensuring a robust growth trajectory for the pervious pavement market, as cities and communities seek to enhance their environmental and infrastructural sustainability.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Pervious Concrete Surfaces segment, which is expected to reach US$12.1 Billion by 2030 with a CAGR of a 6.3%. The Pervious Asphalt segment is also set to grow at 4.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $5.0 Billion in 2023, and China, forecasted to grow at an impressive 8.5% CAGR to reach $6.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Pervious Pavement Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Pervious Pavement Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Pervious Pavement Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Balfour Beatty PLC, BASF SE, Boral Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 11 Featured):
- Balfour Beatty PLC
- BASF SE
- Boral Ltd.
- Cemex
- Cemex S.A.B. de C.V.
- Chaney Enterprises
- CRH PLC
- LafargeHolcim Ltd.
- Raffin Construction Company
- Sika AG
- UltraTech Cement Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Balfour Beatty PLC
- BASF SE
- Boral Ltd.
- Cemex
- Cemex S.A.B. de C.V.
- Chaney Enterprises
- CRH PLC
- LafargeHolcim Ltd.
- Raffin Construction Company
- Sika AG
- UltraTech Cement Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 279 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 18.9 Billion |
Forecasted Market Value ( USD | $ 26 Billion |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |