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Pervious Pavement Market 2020 | Increasing Demand With Leading Key Players: BASF SE,Balfour Beatty PLC, Cemex; Boral Ltd, Chaney Enterprises

03-13-2020 11:01 AM CET | Industry, Real Estate & Construction

Press release from: Reports And Data

Pervious Pavement Market Size - USD 15.23 Billion in 2018, Growth - CAGR of 5.3%, Growth Trends

Pervious Pavement Market Size - USD 15.23 Billion in 2018, Growth - CAGR of 5.3%, Growth Trends

The recent research, Pervious Pavement market enables stakeholders, field marketing executives and business owners get one step ahead by giving them a better understanding of their immediate competitors for the forecast period, 2019 to 2026. Most importantly, the study empowers product owners to recognize the primary market they are expected to serve. To help companies and individuals operating in the Pervious Pavement market ensure they have access to commensurate resources in a particular location the research, assess the size that they can realistically target and tap.

Here, you can avail sample PDF pages and 30 mins free consultation: https://www.reportsanddata.com/sample-enquiry-form/1956

The global pervious pavement market is forecast to reach USD 23.15 Billion by 2026, according to a new report by Reports and Data. The increasing construction activities across the globe, coupled with the rising population and changing lifestyles are propelling the growth of the market. Rapid urbanization will also drive the demand for pervious pavement during the forecast period.

Key participants include
BASF SE; Balfour Beatty PLC; Cemex; Boral Ltd.; Chaney Enterprises; Cemex S.A.B. de C.V.; LafargeHolcim Ltd.; CRH PLC; UltraTech Cement Ltd., and Raffin Construction Company Sika AG; among others.

Product Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Hydrological
Structural

Material type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Pervious Concrete
Permeable Interlocking Concrete Pavers (PICP)
Porous Asphalt
Others

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End-Use Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Floorsa
Hardscape
Others

Regional Outlook (Revenue in USD Million; 2016-2026)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Major selling points of this research report
-Gives the reader a holistic comprehension of the global market.
-Identifies the recent trends and estimated growth -rate for the forecast duration.
-Helps industry experts, investors, and other participants implement lucrative expansion approaches.
-Provides accurate market insights to take informed decisions through presentations and other tools.
-Outlines the competitive landscapes with the individual market share of top vendors.

Further key findings from the report suggest

-Among the material types, the pervious concrete accounts for the largest market share of ~35% in the year 2018 and is forecasted to grow further with the highest rate of 5.9% during the forecast period. Pervious concrete provides high porosity, which makes it suitable for various concrete flatwork purposes. Pervious concrete is one of the most sustainable and environment-friendly construction elements. They decrease the overflow of rainwater from the paved areas. Moreover, it also reduces the operational costs and infrastructure expenses, thus making it the most economical choice of material for the construction of pavements.

-Some applications of pervious concrete pavement include light traffic areas, parking areas, pedestrian walkways, greenhouses, residential streets, and decks of tennis courts, swimming pool, patios, & drains.

-The European region held the largest market share of ~30% in the year 2018 and is anticipated to witness a CAGR of 4.6% during the forecast period, owing to the region's rapid expenditure in construction and infrastructure, particularly in UK, Germany, and France. Moreover, the region is more focused on research and development of sustainable, energy-efficient, and environmentally-friendly technologies in the construction industry, which will escalate the demand for pervious pavement throughout the forecast period.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/pervious-pavement-market

Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions like Asia, United States, Europe, etc.

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John Watson
Head of Business Development
Address: 40 Wall St. 28th floor New York City, USA
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help clientEUR(TM)s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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