Municipal Segment to Dominate the United States Stormwater Management Market During the Forecast Period
Government initiatives and changes in weather
patterns are expected to drive the United States Stormwater Management market
growth in the forecast period.
According to TechSci Research report, “United States Stormwater Management Market
- By Region, Competition Forecast & Opportunities, 2018-2028,”
the United States Stormwater Management Market is expected to register a robust
CAGR during the forecast period, 2024-2028. Retention of stormwater and removal of
contaminants are the primary objectives of stormwater management. Poros
permeable surfaces that allow rain and snowmelt to penetrate the ground, gray
infrastructure such as those that contribute to stormwater management. Stormwater
management is an effort aimed at reducing and channeling stormwater runoff or
snowmelt from urban areas, roads, lawns, and homes in order to improve water
quality. It also helps reverse the negative effects of urban and rural
stormwater flooding caused by human activities such as agriculture and
infrastructure construction. Rainwater is water that comes from rain or melting
snow and ice. In natural conditions, rainwater is intended to permeate or
evaporate into the ground. For example, in habitats such as forests, soils
absorb large amounts of rainwater and plants store large amounts of rainwater
with little runoff. In addition, forest components such as plants, grasses,
leaves, and stems retard runoff, allowing water to slowly drain into rivers and
underground. However, urban areas have very little vegetation, and walkways and
surfaces are designed so that little or no water seeps into the soil. This results
in increased surface runoff, which aids in stormwater management. Specifically,
it reduces runoff and snowmelt from roads, lawns and urban areas, prevents
harmful bacteria, chemicals, heavy metals, and eroded soils and improves water
quality. Prevents other bacteria from entering wetlands, rivers, streams,
lakes, or oceans.
With the help of green infrastructure,
rainwater can be collected and reused. Green infrastructure helps protect and
restore stormwater. It also acts as a natural water cycle and improves
community safety. This includes natural means of filtering water, such as
planting trees and restoring wetlands, rather than building water treatment
plants.
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over XX market data Figures spread through 70 Pages and an in-depth TOC on the "United States Stormwater Management Market".
The United States
Stormwater Management Market is segmented on the basis of tools type, segment, and
application. Based on region, the market is divided into south, midwest, north-east, and west. During
the projected period, the south region is expected to dominate the market during
the forecast period owing to accelerating
urbanization and innovative changes in the region. The South holds the dominant
share of the country's stormwater management market due to the presence of high
rainfall states such as Mississippi, Tennessee, Arkansas, and Louisiana.
Additionally, states such as Texas and Oklahoma are prone to numerous natural
disasters such as hurricanes, tornadoes and hailstorms, which is expected to
increase the demand for stormwater management in the region. In addition,
government initiatives such as the Stormwater Grant Program (SWGP) and the
introduction of new standards such as the Construction General Permit (CGP) for
stormwater drainage from the construction sector will boost demand in the South
region and is expected to increase over the years.
Based on application,
the market is divided into municipal,
commercial and industrial. During the projected period, the municipal segment is
expected to dominate the market during the forecast period. This is because
there are many infrastructure projects for municipalities to collect wastewater
to avoid environmental and water pollution. Local governments across the
country are building grassy valleys, biological reservoirs, and permeable
rainwater recovery pavements to prevent water pollution. This is expected to
provide tremendous growth opportunities in the coming years. Across the United
States, community support is expected to bring significant benefits to the
health and functioning of local populations and local water bodies. To bridge
the gap between water demand and supply, the U.S. government is focusing on
stormwater management by funding local governments to expand stormwater
management infrastructure in all states. Therefore, stormwater management
market players are encouraged to focus on the municipal sector for the
application segment in order to gain more market share in the US stormwater
management market.
Key market players in the United States Stormwater Management Market: -
- Contech
Engineered Solutions, LLC.
- Forterra Inc.
- Advanced Drainage
Systems, Inc.
- AquaShield, Inc.
- Hydro International UK
Ltd.
- Oldcastle Infrastructure, Inc.
- StormTrap LLC
- Rinker Materials, Inc.
- Resource Environmental
Solutions, LLC
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"The US Government has been making
efforts in order to keep up to the changing weather. Allocating separate budget
and investing billions for managing the stormwater will create a huge
opportunity for this market." said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“United States Stormwater Management Market By Tools Type (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, 2018-2028,”
has evaluated the future growth potential
of the United States Stormwater Management Market and provides
statistics & 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.
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