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Pervious Pavement Market Analysis, Forecast, 2020–2027 | By Type, Application
Pervious Pavement Market Outlook - 2027Pervious pavement is also known as the permeable or porous pavement is a method of paving, which allows storm water to seep into the ground. It is gaining popularity because of the increase in responsibility for storm water management. This technique is extensively used in structures like sideways, parking lots, bathrooms, swimming pools, commercial, and multi-acre spaces, and in various other places. This technique is used to increase the ground water level by removing contaminants present in water at the surface level ensuring purity of water reaching the ground water. The secondary use of this type of technique is avoiding the risk of the flood-like situation in case of excess rainwater accumulating at a specific area by providing runoff to the water and its drainage.
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Pervious concrete, porous asphalt, and porous brick is the material primarily used in the making pervious pavements where the pervious concrete is a special kind of concrete with high porosity used for concrete flatwork applications. Porous asphalt helps in infiltration of storm water or snowmelts before it gets into the groundwater by removing contaminants at the surface level only, and hence is an environment friendly product. Porous brick is a kind of brick that is porous in nature and has tiny holes in it so that water can pass through it. It also helps in the prevention of flood, which can occur due to excess of rain by providing runoff to the water accumulated because of rain and snowmelt.
The use of pervious pavements include water harvesting and water management, which is the need of the hour in this era, where there is drought like situation in most parts of the world and people are incessantly wasting precious water. Various applications of pervious pavement include decreased glare and hydroplaning, increased visibility and traction. It helps in providing better grip to the wheels of the vehicles moving on it and to the person walking on it. It also helps in the prevention of damage or disorientation of road structures, which can occur due to expansion or contraction of the structure due to change in temperature level of the surrounding. It helps dissipate the heat trapped inside the road structures and thus increase the durability and lifecycle of any structure.
Pervious pavements techniques are used by various builders, construction companies, and others. It is used in bathrooms, swimming pools, footpaths, and sideways of the roads where the water flows often frequently. Pervious pavement technique helps to save a lot of water, which otherwise would have been wasted therefore helps in avoiding the depletion of groundwater.
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The main drivers of this market are increase in popularity of green building construction and rapid urbanization in the developing countries where there is continuous depletion of groundwater in excess. Large number of migrants moving to urban areas waste water recklessly and incessantly leads to shortage of underground water in various areas. Also, the infusion of funds in the form of investments in infrastructural activities by Government emphasizing on water harvesting methods boosts the market growth.
By Region
North America (U.S. and Canada), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)
Key Players
LafargeHolcim Ltd., Boral Limited, CRH plc, Balfour Beatty plc,UltraTech Cement Limited, Raffin Construction Company, Sika AG,CEMEX S.A.B. de C.V., Chaney Enterprises, BASF SE
Key benefits of the report:
This study presents the analytical depiction of the pervious pavement industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the previous pavement market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the previous pavement market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed pervious pavement market analysis based on competitive intensity and how the competition will take shape in the coming years.
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