Pervious Pavement Market By Types (Pervious Concrete, Porous Asphalt, and Interlocking Concrete Pavers), By Application (Hardscape, Floors, and Other Constructions), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI154719 | Publish Date: December 2023 | No. of Pages: 173

Global Pervious Pavement Market By Overview

Pervious Pavement market Size was valued at USD 21.15 Billion in 2024 and is projected to grow at a CAGR of 4.5% to reach USD 31.46 Billion by 2034.

Pervious pavement is also known as porous pavement or permeable paving. It is a method which allows storm water to soak into the ground. Various applications of pervious pavement include decreased glare and hydroplaning, increased visibility and traction. The global pervious pavement market is driving growth due to the modern construction industry and factors such as the growing concern for depletion of ground water level, storm water management, and deceased environmental impact and porosity allows for rapid filtration and drainage. In addition, enhanced safety feature and reduced noise is expected to boost growth of the global market. Moreover, pollutant causing water pollution is also filter out using pervious pavement. For instance, according to data published by World Oxygen Network Organization, in many developing countries 90% of waste water and 70% of industrial waste is discharged without treatment.

Global Pervious Pavement Market By Drivers & Restraints

The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.

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Global Pervious Pavement Market By Segmentations & Regional Insights

The global pervious pavement market report segments the market on the basis of type, application, and region.

The report expected to answer various target market related questions and offers insights on:

  • Definition, description, overview of market growth influencing factors, and forecast for the target market
  • Scope for related market in the forecast period
  • Analysis and outcome for the global pervious pavement market by segment and region followed by countries
  • Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
  • Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
  • Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
  • Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economic factors that may influence market growth

PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index

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Global Pervious Pavement Market By Competitive Landscape & Key Players

  • LafargeHolcim Ltd.
  • CEMEX S.A.B. de C.V.
  • CRH plc
  • BASF SE
  • Sika AG
  • Balfour Beatty plc
  • UltraTech Cement Limited
  • Boral Limited
  • Raffin Construction Co.
  • Chaney Enterprise, Inc.    

FAQs

The global pervious pavement market report segments the market on the basis of type, application, and region.

These porous pavements also promote robust vegetation in the surrounding area. Trees, grasses, and shrubs can be grown in the areas paved with the pervious pavement. These pavements can easily access water and carbon dioxide due to permeable property of grids. These features make pervious pavements ideal for driveways, parking lots, and pedestrian walkways, where aesthetics and greenery are given important considerations.

The Asia Pacific market is expected to register the highest CAGR during the forecast period. Depleting energy sources, rising pollution levels, and significant climate changes in the region are factors boosting need for fundamental changes in the construction industry. Increasing population and urbanization in Asia Pacific is leading to high levels of pollution and higher requirement of energy sources. The market is also expected to be driven by rising trend of green buildings in the region.

Key players in the global pervious pavement market include LafargeHolcim Ltd., CEMEX S.A.B. de C.V., CRH plc, BASF SE, Sika AG, Balfour, Beatty plc, UltraTech Cement Limited, Boral Limited, Raffin Construction Co., Chaney Enterprise, Inc.