Market Synopsis of Global Pervious Pavement Market
Pervious Pavement is also known as permeable paving or porous pavement. It is a method of paving which allows storm water to seep into the ground. Benefits of pavement include decreased hydroplaning and glare, increased visibility and traction. The market is gaining popularity due to the modern construction industry and factors such as the growing concern for storm water management, depletion of ground water level, and reduced environmental impact and porosity allows for rapid filtration and drainage. Reduced noise and enhanced safety feature adds to the Pervious Pavement Market growth. Pervious Pavements can help to filter out the pollutants that contribute to water pollution. They also reduce the need for road salt and reduce construction costs for residential and commercial development by reducing the need for conventional drainage features.
Market is expected to reach at market size of ~$xx billion by the end of forecast period with CAGR of ~xx% between 2016 and 2022.
The major player operating in the market of Global Pervious Pavement are LafargeHolcim (Switzerland), CEMEX S.A.B. de C.V. (Mexico), CRH plc (Ireland), BASF SE (Germany), Sika AG (Switzerland), Balfour Beatty plc (U.K.), UltraTech Cement Limited (India), Boral Limited (Australia), Raffin Construction Co. (U.S.), and Chaney Enterprise (U.S.).
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Study Objectives of Pervious Pavement Market:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Pervious Pavement Market.
- To provide insights about factors affecting the market growth.
- To analyze the Pervious Pavement Market based on tools such as Porter’s Five Force Analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by type, end use and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Previous Pavement Market.
Europe is dominating the Pervious Pavement Market. The market in Europe is projected to grow at a comparatively lower rate than the other regions due to low construction demand and sub-performing economic conditions.
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North America is projected to grow due to presence of manufactures and a high number of end use industries. Moreover, high number of permeable pavement installations in parking lots and commercial areas with low speeds and light traffic loads are pushing the market towards growth.
Key Points from Table of Content:
8 Competitive Analysis
8.2 Competitive Scenario
8.2.1 Market Share Analysis
8.2.2 Market Development Analysis
8.2.3 Material/Service Benchmarking
8.3.2 Material/Service Offering
8.4 CEMEX S.A.B. de C.V.
8.4.2 Material/Service Offering
8.5 CRH plc
8.5.2 Material/Service Offering
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