The newly published report titled “Pervious Pavement Market” by Stratview Research throws light on the industry dynamics and current and future trends that play an important role in determining the business growth for the industry. The report also highlights the key driving factors and restraints that are triggering the growth. For a thorough understanding, the experts have reviewed market entry strategies, winning industry practices, pricing strategy, technology landscape, spending, sales, and demand outlook.
This report covers data that helps the market participants, investors, and aspirants to identify low hanging fruits in the market. On the basis of the data provided in the report, users can formulate growth strategies to expedite their growth process.
The report is the outcome of a detailed research methodology comprising several extensive analysis methods such as, secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, press releases, white papers, and articles, etc. have been leveraged to gather the data.
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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.
Stratview Research is a global market research firm helping its users tract the ever-evolving market scenarios through its market reports. It offers most grainy market segmentation in all the industries. Connect with Stratview Research at –
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