United States Stormwater Management Market to Surpass USD8434.23 Million by 2026
Increasing
number of natural catastrophes and growing government
initiatives to drive the demand
for the United States stormwater management
market through 2026.
According
to TechSci Research report, “United
States Stormwater Management Market- by Tools (Grassed
Swales, Rain Gardens, Pervious Pavement, Green Roofs and Others), By Segment
(Stormwater Management Tools, Maintenance Services), By Application (Municipal,
Commercial and Industrial), By Region, Competition Forecast & Opportunities 2016-2026”, The
United States stormwater management market stood at USD5315.63 million in 2020
and is projected to grow at a CAGR of 7.79% to reach USD8434.23 million by 2026. Stormwater infrastructure includes all
the practices and measures to protect, restore, capture, filter and manage
stormwater. It prevents or reduces the amount of water that flows into storm
drains and is proved as an important practice for cities with combined sewer
overflows. It includes rain gardens, permeable pavements, green roofs,
infiltration planters, trees and tree boxes, and rainwater harvesting systems.
Browse 36 market data Figures and 8 data tables
spread through 104 Pages and an
in-depth TOC on " United States Stormwater Management Market”
https://www.techsciresearch.com/report/united-states-stormwater-management-market/3715.html
USA
stormwater management market is segmented based on by Tools, By Segment, By
Application and By Region. Based on Tools, the market is segmented into Grassed
Swales, Rain Gardens, Pervious Pavement, Green Roofs and Others. Grassed Swales
segment held the largest market share in 2020. As stormwater runoff flows through the channels, it is
treated through filtering by the vegetation in the channel, filtering through a
subsoil matrix, and/or infiltration into the underlying soils.
Based on application, the market is segmented
into Municipal, Commercial and Industrial segments. Municipal segment is the
largest contributing segment by application due to the large number of
infrastructure projects pertaining to the collection of runoff water to avoid
environmental and water pollution carried out by the municipalities.
Municipalities across the country are building grassed swales, bio-retention ponds,
and pervious pavement for restoring stormwater to avoid water pollution, which
is further expected to bring vast growth opportunities over the coming years.
Players
involved in the Unites States Stormwater Management Market are thus recommended
to focus on offering the green infrastructure solutions to improve their sales
as well as to strengthen their position in the stormwater management market
across the country.
In the year 2020, to prevent the spread
of COVID-19, the government implemented lockdown which impacted the Unites
States Stormwater Management Market. According
to TechSci Research’s estimates, the market suffered a decline of 2.81% in
terms of value. This decline left a remarkable depreciation in the market, but
the market is currently reviving and is set to overcome the descent in
2021-2022, owing to the shift towards the focus of all the organizations this pandemic has adversely affected the
healthcare sector and the demand for hygienic water increased immensely in the
country. The demand for the pure water from stormwater
management systems in healthcare comes from the increased focus of the
consumers on good health.
Based on region, South region accounted
for the largest share in the Unites States Stormwater Management Market owing
to the presence of highly precipitated states including Mississippi, Tennessee,
Arkansas and Louisiana. Additionally, states like Texas, and Oklahoma, which are
susceptible to large number of natural disasters such as hurricanes, tornadoes,
hailstorms, etc. are expected to
increase the demand for stormwater management in the region. Moreover,
government initiatives such as Stormwater Grant Program (SWGP) and introduction
of new standards such as Construction General Permit (CGP) for the discharge of
stormwater from construction sector are expected to enhance the demand in the
South and Midwest regions during the forecast period.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=3715
Customers can also
request for 10% free customization on this report.
Contech Engineered Solutions LLC, Forterra, Inc,
Advanced Drainage Systems, Inc., AquaShield, Inc., Hydro International UK Ltd.,
Oldcastle Infrastructure, Inc. StormTrap
LLC,
Thompson Pipe Group, Rinker Materials, Resource Environmental Solutions, LLC, etc. are among the leading players operating
in the United States stormwater management market. Companies operating in the market are using organic strategies such as
product and services development through addition of new features,
partnerships, mergers and collaborations to boost their share in the United States stormwater management
market.
Stormwater Green
Infrastructure includes all the practices and measures to protect, restore,
capture, filter and manage stormwater. People have become more
cautious towards their health and are incorporating lifestyle changes by
adopting pure and more hygienic water options, which is expected to drive the United States Stormwater Management Market
in
the coming years”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“United
States Stormwater Management Market- by Tools (Grassed Swales, Rain Gardens, Pervious Pavement, Green
Roofs and Others), By Segment (Stormwater Management Tools, Maintenance
Service), By Application (Municipal, Commercial and Industrial), By Region,
Competition Forecast &
Opportunities 2016-2026” has evaluated
the future growth potential of the United States
stormwater management market and provides statistics and information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the United
States stormwater management market.
About TechSci Research
TechSci Research is a leading global market research firm
publishing premium market research reports. Serving 700 global clients with
more than 600 premium market research studies, TechSci Research is serving
clients across 11 different industrial verticals. TechSci Research specializes
in research-based consulting assignments in high growth and emerging markets,
leading technologies and niche applications. Our workforce of more than 100
fulltime analysts and consultants employing innovative research solutions and
tracking global, and country specific high growth markets helps TechSci clients
to lead rather than follow market trends.
Contact
Mr.
Ken Mathews
708 Third
Avenue,
Manhattan, NY,
New York – 10017
Tel:
+1-646-360-1656
Email: [email protected]
Web:
https://www.techsciresearch.com/