Global Pervious Pavement Market 2024-2028
Global Pervious Pavement Market 2024-2028
The pervious pavement market is forecasted to grow by USD 4293.1 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the pervious pavement market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing construction activities globally, increasing population in urban areas coupled with demand for living solutions, and growing requirement of water table replenishment.
Technavio's pervious pavement market is segmented as below:
By Material
- Pervious asphalt
- Pervious concrete surfaces
- Block and concrete modular pavers
- Grid pavers
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the application of pervious concrete in designing of pervious road pavement as one of the prime reasons driving the pervious pavement market growth during the next few years. Also, increasing adoption of pervious asphalt and development of smart cities across globe will lead to sizable demand in the market.
The report on the pervious pavement market covers the following areas:
- Pervious pavement market sizing
- Pervious pavement market forecast
- Pervious pavement market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pervious pavement market vendors that include Balfour Beatty Plc, BASF SE, Boral Ltd., CEMEX SAB de CV, Chaney Enterprise LP, CRH Plc, Holcim Ltd., Raffin Construction Co., Sika AG, and UltraTech Cement Ltd.. Also, the pervious pavement market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.