Stratview Research has published a new report on the Pervious Pavement Market by Company, Regions, Type and Application, Forecast, up to 5 years by Stratview Research offers the most up-to-date market trends as well as an industry growth estimate for 5 years. The report provides a thorough analysis of the market for the forecast period 2021-2025. It reveals a broader picture of the market situation, taking into consideration all major trends, market dynamics, and competitive factors. Moreover, the report contains key statistics concerning the situation of the key players, present, and upcoming market trends, and potential market growth areas. Eventually, these reports are designed to assist readers in retrieving information and making decisions that help to grow their business.
The report also covers analyst opinions and prospects, competitive landscapes, and key regions from both a regional and a global perspective. The report also examines several factors, including driving factors and challenges.
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Analysis of Pervious Pavement Market Key Manufacturers:
According to the report, the Pervious Pavement Market includes suppliers, product manufacturers, and OEMs. Following is a list of the Key Players in this market.
Balfour Beatty PLC
Cemex S.A.B. De C.V.
Raffin Construction Co.
Ultratech Cement Limited
Growth drivers and Market Value:
This report, from Stratview Research, studies the Pervious Pavement Market value and growth drivers over the trend period of 2021-26. According to the report –
Pervious pavement market is likely to witness a healthy CAGR of 5.3% during the forecast period. The prime factors contributing to the demand for pervious pavements are the gradual adoption of cost-efficient and eco-friendly materials with rising urbanization and increased investment in the industrial and infrastructure sectors, and growing construction industry, especially in developing countries.
Based on Material Type:
Based on the material type, the market is segmented as pervious concrete, porous asphalt, and interlocking concrete pavers. Pervious concrete dominated the market in 2019, and is expected to remain dominant during the forecast period due to its superior permeability to surface water with minimal cost in the construction industry.
Based on Region:
In terms of regions, Europe is estimated to remain the largest market for pervious pavement during the forecast period due to installation of permeable pavements in higher quantity in parking lots and commercial areas with light traffic loads. However, North America is expected to register the highest CAGR during the forecast period with increasing investment on building, construction, and infrastructural activities.
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Research Methodology & Features –
This report offers in-depth insights and is the result of detailed research methodology through secondary research, extensive primary interviews with industry key players, and statistical tools. The report provides vital information related to the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints
- Market trend and forecast analysis
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Key success factors & more.
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