Global Stormwater Management Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Stormwater Management Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Stormwater Management aims to remove pollutants from rainwater runoff, recharge groundwater through infiltration and reduce runoff velocity. Any precipitation that falls from the sky such as rain, hail, or melting snow that runs off hard surfaces is considered to be stormwater. When it is absorbed into the soil and filtered, this stormwater will then continue on until it ultimately replenishes aquifers or reaches a natural body of water such as streams and rivers.

Market Overview:

The latest research study on the global Stormwater Management market finds that the global Stormwater Management market reached a value of USD 14787.71 million in 2022. It’s expected that the market will achieve USD 23794.06 million by 2028, exhibiting a CAGR of 8.25% during the forecast period.

The production cost of enterprises increases

With the gradual control of the epidemic, some companies began to resume operations. However, while operating, enterprises need to protect the life and health of employees, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment, and testing the temperature of employees every day to ensure their health. These measures will increase production costs and affect the development of enterprises.

COVID-19 may affect the growth rate of stormwater management market sales

COVID-19 is exacerbating the global debt, credit and currency crisis. The reduction in government taxation may transfer the funds invested in stormwater management to more important projects. Moreover, due to the increasingly serious epidemic situation in many regions and the government restricting the flow of people, the opening of labor unions in the downstream commercial market has been delayed. However, when COVID-19 is controlled, the capital chain resumes and the strong support of many regional policies, the industry will quickly recover.

Infrastructure development

Environmental agencies face skills shortages and difficulties in enforcing compliance largely by the state-owned industrial sector. However, with the continuous industrialization and the development of government environmental protection plans, infrastructure construction in the municipal sector has been promoted. Infrastructure and privatization projects and stricter environmental regulations have promoted the development of the stormwater facility management market.

System shortcomings

There are many treatment systems available, but each system has its advantages and disadvantages, so the technology/system must be used according to the wastewater composition (for example, a large amount of pollutants present), runoff and other local site characteristics such as regulations and permissions. Generally, Stormwater Treatment is divided into three stages, namely the first stage (to remove total pollutants and help the basic level of surface cleaning), the second stage (removal and precipitation of fine particles and attached pollutants) and the third stage (Remove ultrafine particles and pollutants). Colloidal particles, heavy metals and other dissolved nutrients). Stormwater Treatment system, such as sand filter, hydrodynamic separator, total pollutant collector, sedimentation tank, etc. The main aspects that limit market growth are the cost factors and processing complexity involved in installing the Stormwater Treatment system and its maintenance.

Region Overview:

Geographically, North America held the largest market share - 45.02% in 2021.

Company Overview

Advanced Drainage Systems is one of the major players operating in the Stormwater Management market, holding a share of 6.26% in 2022.

Advanced Drainage Systems

Advanced Drainage Systems is the leading manufacturer of high performance thermoplastic corrugated pipe, providing a comprehensive suite of water management products and superior drainage solutions for use in the construction and infrastructure marketplace.The Company produces pipe fittings, subsurface storm water management drainage structures, leaching chambers, basins, channels, grates, and grease interceptors.

Forterra

Forterra is a leading manufacturer of water and drainage pipe, and stormwater filtration products, as well as structural and specialty products. The Company offers precast modular bridges and drainage inlets, wingwalls, headwalls, junction boxes, pipe end sections, storm and sanitary manholes, and prestress bridges. Forterra builds sustainable infrastructure through strategically located facilities in the United States as well as in Mexico and Eastern Canada.Forterra Acquired Bio Clean Environmental Services and Modular Wetland Systems.

Segmentation Overview:

By type, Separation System segment accounted for the largest share of market in 2021.

Screening System

Screening system can capture sediments from rainwater, screen garbage and other solids, prevent nutrients and other solids from infiltrating into surface water runoff between rainstorm events.

Separation System

Separation systems is an ideal solution for rainwater collection pretreatment. They can not only improve the overall water quality, but also protect the pumps and control devices from the burden of materials that may block and damage the mechanical system. They keep garbage and debris out of lakes, streams and oceans.

Filtration System

Filtration is the process of removing suspended solids from the stormwater by passing the water through a bed of porous media consisting of sand or soil. In filtration, the solids that are removed from the water are retained by the filter media. The filtration system improves rainwater management by retaining surface runoff and improving water quality.

Infiltration System

Infiltration System store stormwater runoff in the pipe and surrounding stone during a storm until it can be released slowly into the surrounding native soil.

Retention System

Retention system store stormwater runoff exceeding a sites allowable discharge rate and release it slowly over time. Installed below grade, stormwater retention systems maximize land usage and help meet water quantity requirements.

Application Overview:

The market's largest segment by application is the segment Municipal, with a market share of 59.18% in 2021.

Commercial Buildings

Commercial includes office buildings, shops, etc., other commercial areas: laboratories, special clinics, offices, concert halls, and other environments.

Industrial Buildings

Industrial refers to the use in factories and other places. Stormwater Management is common in chemical factories.

Municipal Buildings

Municipal refers to municipal facilities undertaken and funded by municipal authorities for municipal purposes and community benefits. Including the installation, relocation, expansion or dismantling of Stormwater Management systems including any municipal infrastructure or highways or construction projects.

Key Companies in the global Stormwater Management market covered in Chapter 3:

XylemVeolia Water TechnologiesAquaShieldForterraHydro InternationalAdvanced Drainage SystemsContech Engineered SolutionsOldcastle InfrastructureResource Environmental SolutionsStormwateRx LLCStromTrapSPEL Stormwater

In Chapter 4 and Chapter 14.2, on the basis of types, the Stormwater Management market from 2018 to 2029 is primarily split into:

Screening SystemSeparation SystemFiltration SystemInfiltration SystemRetention SystemOthers

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Stormwater Management market from 2018 to 2029 covers:

Commercial BuildingsIndustrial BuildingsMunicipal Buildings

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)Latin America (Brazil, Mexico, Argentina)Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)