Advent of green building practices which refers to use of sustainable environment-friendly materials for construction is a key factor driving market revenue growth.
Market Size - USD 17.03 Billion in 2020, Market Growth - CAGR of 5.1%, Market Trends - Increasing use of pervious pavement as temporary roads that can help in protecting soil erosion during drilling and construction projects.
The global pervious pavement market size is expected to reach USD 25.52 Billion in 2028, and register a CAGR of 5.1% during the forecast period. Market growth can be driven by major factors including rising trend of green building practices, increasing necessity for of removal storm-water from roads and protect pavements from water-induced damages. This also helps reduce possibilities of road accidents causing due to damaged roads or road-side water-logging.
Previous pavement technique helps overcome heat island effect by enabling penetration of water into pavement. It has open-pore structure to absorb and store solar radiation, instead of releasing it into the air, thereby maintaining temperature. This technology is less expensive and low labor-intensive, and filling materials are easily available at local players, which reduces transportation costs. Additionally, as pervious pavement is usually manufactured using lighter color, it has reflective properties, and light mitigating effect on heat-island phenomenon.
Some Key Findings From the Report:
For the purpose of this report, the global pervious pavement market is segmented on the basis of product type, material type, end-use, and region:
Product Type Outlook
Material Type Outlook
End-Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 17.03 Billion in 2020, Market Growth - CAGR of 5.1%, Market Trends - Increasing use of pervious pavement as temporary roads that can help in protecting soil erosion during drilling and construction projects.
The global pervious pavement market size is expected to reach USD 25.52 Billion in 2028, and register a CAGR of 5.1% during the forecast period. Market growth can be driven by major factors including rising trend of green building practices, increasing necessity for of removal storm-water from roads and protect pavements from water-induced damages. This also helps reduce possibilities of road accidents causing due to damaged roads or road-side water-logging.
Previous pavement technique helps overcome heat island effect by enabling penetration of water into pavement. It has open-pore structure to absorb and store solar radiation, instead of releasing it into the air, thereby maintaining temperature. This technology is less expensive and low labor-intensive, and filling materials are easily available at local players, which reduces transportation costs. Additionally, as pervious pavement is usually manufactured using lighter color, it has reflective properties, and light mitigating effect on heat-island phenomenon.
Some Key Findings From the Report:
- Among the product type segments, the structural product type segment is expected to register a robust CAGR during the forecast period. The hydrological segment accounted for the largest revenue share in 2020.
- Among the end use segments, the hardscape construction segment accounted for the largest revenue share in 2020, due to rapid urbanization and climate changes resulting in changing rainfall patterns have led to higher instances of flooding and need for new sewerage systems.
- Europe pervious pavement market accounted for the largest revenue share in 2020, due to increasing number of commercial construction activities in countries in the region.
- The Asia Pacific pervious pavement market is expected to register a robust revenue CAGR during the forecast period, due to depleting source of energy, rising levels of pollution, and drastic climate changes are factors boosting need for fundamental changes in the construction industry in the region.
- Companies considered and profiled in the market report 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., Raffin Construction Company, and Sika AG. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global pervious pavement market is segmented on the basis of product type, material type, end-use, and region:
Product Type Outlook
- Hydrological
- Structural
Material Type Outlook
- Pervious Concrete
- Permeable Interlocking Concrete Pavers (PICP)
- Porous Asphalt
- Others
End-Use Outlook
- Floors
- Hardscape
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Pervious Pavement Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in Pervious Pavement Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Pervious Pavement Market Segmentation & Impact Analysis
Chapter 5. Pervious Pavement Market By Product Type Insights & Trends
Chapter 6. Pervious Pavement Market By Material Type Insights & Trends
Chapter 7. Pervious Pavement Market By End Use Insights & Trends
Chapter 8. Pervious Pavement Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- BASF SE
- Balfour Beatty PLC
- Cemex
- Boral Ltd.
- Chaney Enterprises
- Cemex S.A.B. de C.V.
- LafargeHolcim Ltd.
- CRH PLC
- UltraTech Cement Ltd.
- Raffin Construction Company
- Sika AG
- among others