Regardless of a company’s size or income, the most recent research report from Quadintel offers a thorough analysis of the global Pervious Concrete Market for the years 2023–2030.
The global market report provides statistics and information on the evolution of the investment structure, technological advancements, industry trends and developments, market players’ capabilities, and in-depth details on the major market players. The analysis also includes a summary of the global market strategies that have been implemented in light of the industry’s present and future conditions.
An overview of the Pervious Concrete Market, the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
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Market Overview:
Global Pervious Concrete Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
To decrease runoff from a site and allow groundwater recharge, pervious concrete is a special kind of concrete with a highly porous component, that is used for concrete flatwork purposes. Pervious concrete allows water from precipitation and other sources to pass through immediately. The Pervious Concrete market is expanding because of factors such as increasing construction projects and the rising concerns for recharging groundwater.
According to IBEF, in 2019, the real estate industry in India generated sales of USD 1.72 billion, which is expected to go to USD 9.30 billion by 2040. Further, highway construction in India rose to 17.00% CAGR between FY16-FY21. Despite pandemic and lockdown, India has constructed 13,298 km of highways in FY21. However, higher requirements for specialized design may halt market growth. The market for Pervious Concrete may augment in the forecast period, owing to investments in the construction industry and technological advancements in the pervious concrete
The key regions considered for the Global Pervious Concrete Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to rising infrastructure projects. According to refinitiv, the total number of infrastructure projects in November 2020 were 202 units, which reached to 294 units, in November 2020. Whereas, North America is expected to grow significantly during the forecast period, owing to rapidly growing demand for recharging the groundwater and reducing the stormwater runoff.
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Major market players included in this report are:
- BASF SE
- A.G. Peltz Group, LLC
- Bay Area Pervious Concrete
- Cemex S.A.B. de C.V.
- Chaney Enterprises
- Empire Blended Products, Inc.
- Frank J. Fazzio & Sons Inc.
- Fred Adams Paving
- Pacific Pervious Concrete
- Raffin Construction
The detailed segments and sub-segment of the market are explained below:
By Design:
Hydrological
Structural
By Application:
Hardscape
Floors
Other applications
By End-User:
Residential Construction
Commercial Construction
Infrastructure Construction
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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