Press release
Revolutionizing Urban Infrastructure: Global Pervious Pavement Market Valued at USD 20.2 Billion in 2022, Set to Grow at a CAGR of 6.7% from 2023 to 2033
As per the study initiated by Evolve Business Intelligence, the global Pervious Pavement market size accounted for USD 20.2 Billion in 2022, growing at a CAGR of 6.7% from 2023 to 2033. The pervious pavement market refers to the global market for pavement materials and systems designed to allow water to pass through the surface, rather than accumulating or running off. Pervious pavement, also known as porous or permeable pavement, helps to reduce stormwater runoff and promotes groundwater recharge by allowing rainwater to infiltrate into the ground. Pervious pavement is made up of a porous structure, typically composed of materials such as pervious concrete, porous asphalt, or interlocking pavers with open joints. These materials have a high void content, allowing water to pass through and be absorbed by the underlying soil or drainage system.Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=019353
Key Highlights:
• The global Pervious Pavement Market size was valued at USD 20.2 billion in 2022 growing at a CAGR of 6.7% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Pervious Pavement Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Pervious Pavement market report also includes the following data points:
• COVID19 Impact on Pervious Pavement market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Pervious Pavement market
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Key Players
Some of the major Pervious Pavement players holding high market share include Lafarge Holcim (Switzerland), Sika AG (Switzerland), Balfour Patty Plc (U.K.) and Ultratech Cement Limited (India).These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Lafarge Holcim (Switzerland)
• Sika AG (Switzerland)
• Balfour Patty Plc (U.K.)
• Ultratech Cement Limited (India)
• Boral Limited (Australia)
• Chaney Enterprises (U.S)
• Raffin Construction Co (U.S)
• BASF SE (Germany)
• CRH Plc (Ireland)
• Cemex S. A. B de C.V (Mexico)
Segmental Analysis
Market Segment By Materials with focus on market share, consumption trend, and growth rate of Pervious Pavement Market:
o Pervious Concrete
o Porous Asphalt
o Interlocking Concrete Pavers
Market Segment By Design with focus on market share, consumption trend, and growth rate of Pervious Pavement Market:
o Hydrological
o Structural
Market Segment By Applications with focus on market share, consumption trend, and growth rate of Pervious Pavement Market:
o Hardscape
o Floors
o others
Parameters Details
Market Size (2022) $ 20.2 Billion
CAGR (2023 to 2033) 6.7%
Market Segmentation Material, design and Application
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Pervious Pavement Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence providesan understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
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Email: sales@evolvebi.com
Website: https://evolvebi.com/
About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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