Pervious Pavement Market Size Is Anticipated To Reach USD 13.58 Billion By 2030


 San Francisco, 3 January 2025: The Report Pervious Pavement Market Size, Share & Trends Analysis Report By Material (Pervious Concrete, Porous Asphalt, Interlocking Pavement), By End-use (Residential, Commercial, Infrastructure), By Region, And Segment Forecasts, 2024 - 2030

The global pervious pavement market size to reach USD 13.58 billion by 2030 and is projected to grow at a CAGR of 5.8% from 2024 to 2030. Pervious concrete allows rainwater to percolate through the pavement and into the ground, reducing surface runoff and recharging groundwater levels. This helps mitigate the urban heat island effect and reduces the risk of flooding in densely built-up areas. The ability to manage stormwater naturally and effectively makes pervious concrete an attractive option for eco-conscious urban planners and developers.

Governments and regulatory bodies worldwide are increasingly enforcing stringent regulations on stormwater management to combat the adverse effects of urbanization and climate change. Many regions have implemented policies that require new developments to incorporate sustainable drainage systems (SuDS). Pervious pavement are an effective way to meet these regulations, as they provide a built-in solution for managing stormwater runoff and improving water quality by filtering pollutants.

Rapid urbanization and the expansion of metropolitan areas have heightened the need for effective and sustainable infrastructure solutions. Pervious pavement are becoming popular in urban development projects, including residential areas, commercial complexes, and public spaces. They are particularly valued in urban settings where traditional drainage systems are often overburdened. The ability of pervious pavers to reduce runoff and support groundwater recharge makes them an ideal choice for sustainable urban planning. Furthermore, their application in creating cooler, more comfortable outdoor spaces enhances the quality of urban life.

Access Research Report of Pervious Pavement Market @ https://www.grandviewresearch.com/industry-analysis/pervious-pavement-market-report

Although the initial installation cost of pervious pavement can be higher than traditional materials, their long-term economic benefits are substantial. These pavers reduce the need for extensive stormwater infrastructure, such as retention ponds and underground drainage systems, leading to significant cost savings. Additionally, they help prevent flooding and water damage, which can result in considerable savings on repairs and insurance premiums. Over time, the durability and low maintenance requirements of pervious pavement make them a cost-effective solution for municipalities and property developers.

Recent Developments

  • In 2019, Airlite Plastics Co acquired TRUEGRIDto be an important part of their Airlite Sustainable Construction Products division.

Key Pervious Pavement Company Insights

Some of the key players operating in the market include Airlite Plastics Company & TRUEGRID® Pavers and Hübner-Lee GmbH & Co. KG

  • Airlite Plastics Company & TRUEGRID® Pavers is involved in finding environmentally friendly paving alternative to concrete and asphalt. This company operates throughout 50 states in the U.S.
  • Hübner-Lee GmbH & Co. KG caters to several industries including outdoor installations, horticulture, artificial turf pitches, equestrian sports & animal husbandry. This company provides services to several applications including parking spaces, fire department access road, service road, logistics and storage areas, floating root bridge, event areas automobile lots and footpaths & bicycle lanes

Stepstone LLC is one of the emerging market participants.

  • Stepstone LLC is involved in the production of Precast Pavement, Wall Caps, Stair Treads and Pool Coping for several industries. This company works with architects, designers and general contractors.

Key Pervious Pavement Companies:

The following are the leading companies in the pervious pavement market. These companies collectively hold the largest market share and dictate industry trends.

  • Airlite Plastics Company & TRUEGRID® Pavers.
  • UNI-GROUP U.S.A., INC
  • Hengestone Holdings, Inc.
  • Hübner-Lee GmbH & Co. KG
  • Stepstone, LLC
  • Beeson Pervious Concrete
  • Vodaland
  • Percoa USA LLC

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

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