The pervious pavement market has been growing in recent years due to its ability to reduce stormwater runoff and provide natural filtration of pollutants. Pervious pavements are made with materials that allow water to pass through, such as porous asphalt, permeable concrete, or interlocking pavers. They can be used in a variety of applications, including parking lots, sidewalks, driveways, and even athletic fields.
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Top Companies
LafargeHolcim Ltd., Boral Limited, CRH plc, Balfour Beatty plc, UltraTech Cement Limited, Raffin Construction Company, Sika AG, CEMEX S.A.B. de C.V, Chaney Enterprises, BASF SE.
The market for pervious pavement is driven by increasing environmental concerns, government regulations, and the need for sustainable urban infrastructure. Additionally, advancements in technology have led to the development of new materials and installation techniques, further fueling the growth of this market.
The market for pervious pavement is driven by a growing awareness of the environmental benefits of sustainable development, as well as government regulations aimed at reducing stormwater runoff. Pervious pavement is commonly used in parking lots, sidewalks, and other low-traffic areas, as well as in residential driveways and patio areas.
The pervious pavement market includes a range of different products and systems, including porous asphalt, pervious concrete, permeable pavers, and more. Companies involved in the industry include manufacturers of pavement materials, as well as contractors who specialize in the installation of pervious pavement systems.
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While the pervious pavement market is still relatively small compared to the traditional pavement market, it is expected to grow in the coming years as more property owners and developers seek out sustainable solutions for managing stormwater runoff.
Competitive Analysis
The report takes in an analysis of the major market players active in the global Pervious Pavement Market. It emphasizes on the business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations incorporated by these market players to reinforce their position in the market. The market report takes account of statistics, tables, and charts to present a detailed study of the industry.
Regional Analysis:
Region-wise, the global Pervious Pavement market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global Pervious Pavement market share, and LAMEA is anticipated to secure a leading position during the forecast period.
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