The Stormwater Management Market Is Predicted to Reach US$ 16935.60 Mn in 2022, Due to Continuous Depletion of Ground Water Resources.

Absolute Markets Insights offers its latest published report ‘Stormwater Management Market by Technique (Biofiltration, Detention, and Infiltration, Rainwater Harvesting, Green Roofs), by End-User (Defense, Education, Government, Healthcare, Retail, Others (Community, Mixed Use, Etc.)) By Application (Commercial and Industrial, Residential, Municipal) by Regional outlook (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2018 - 2026’.

The author of the report analyzed that the global stormwater market accounted for 11298.28 Mn in 2017. Physically unavailability of safe and affordable water resources, emergence of stormwater governance across different regions, privatization of water supply and sanitary services, rising incidences of natural calamities owing to ecological imbalance are some of the primary drivers which has led to the increased adoption of stormwater management market among all the stakeholders.

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Stormwater Management Market

The primary cause of adapting stormwater management can be linked with the rising need to manage runoffs associated with flashfloods and intense rains. Storm water runoffs cause significant damage to the public and property. Further, stormwater is also a major source of water contamination, hampering its quality usage. Thus, need for an efficient waste water recycling and management system has fueled the growth of stormwater management market.  Although the market for stormwater management is witnessing a trajectory of growth and development, yet limited investments and infrastructure may hamper the growth of this market. Furthermore, the high cost of overall stormwater management makes it difficult for the local government bodies to adopt stormwater management. Hence, a rise in inclination of various stakeholders towards adopting innovative stormwater management solutions through extensive research and development.

Commercial and Industrial Segment Estimated to be the Fastest Growing during the Forecast Period  

Various processing and manufacturing industries have a consistent and remarkable demand for water, which makes them suitable for adopting stormwater management. Typical industrial applications utilizing stormwater would include washdown, cooling tower make-up or process water. Furthermore, treated stormwater can also be employed on construction and mining sites for applications like dust suppression and vehicle washing.

In commercial spheres, stormwater can be reutilized for toilet flushing and vehicle washing. The degree of stormwater treatment depends on the proposed and the degree of public exposure. Thus, increased consumption of water backed by industrialization, depleting water resources, and inclination towards adapting effective waste water management treatment measures are the factors which are propelling the growth of stormwater management in the commercial and industrial sector.

Asia Pacific is anticipated to hold a Significant Share in the Global Market.

On the basis of geography, Asia Pacific is anticipated to hold the largest market share globally. Rapid technological proliferation in the medical science has enhanced the average life space which in turn has increased the population in all the major economies in the Asia Pacific region. As a consequence, the ground water resources are depleting at an alarming rate. Hence, there has been an increasing focus on governments investments and planning across the Asia Pacific region towards adopting efficient water management techniques and recycling surface run off water, which has significantly fueled the adoption of the stormwater management in this region.

Stormwater Management Market is fragmented in Nature with the Presence of Global and Regional Players      

Some of the significant players functioning in the stormwater management market include Tetra Tech, Inc., Cardno Limited, Advanced Drainage Systems Inc., Forterra, Hydro International UK Ltd, Hydro International UK Ltd, Oldcastle Precast, Inc, Ecosol Pty Ltd, Apex Companies, LLC, StormTrap, Stormwater Maintenance, LLC, amongst others

In 2018, Hydro International UK Ltd. developed hydro storm water BMP’s. These hydro BMP’s are equipped with engineering technologies with separators and filters to treat stormwater runoff. The system provided by the company has the potential to remove sediment, oil and trash and caters to contractors, civil and municipal engineers. These innovative BMP’s have been installed across major vehicle brands such as Audi, BMW to name a few.  These installed BMP’s are generating significant share in the global stormwater management market.

  • Stormwater Management Market - By Application
    • Commercial and Industrial
    • Residential
    • Municipal
  • Stormwater Management Market - By Technique
    • Biofiltration
    • Detention and Infiltration
    • Rainwater Harvesting
    • Green Roofs
  • Stormwater Management Market - By End Use
    • Defense
    • Education
    • Government
    • Healthcare
    • Retail
    • Others (Community, Mixed Use, Etc.)
  • Stormwater Management Market - By Region
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • France
      • The U.K.
      • Spain
      • Germany
      • Italy
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Southeast Asia
      • Rest of Asia Pacific
    • Middle East & Africa
      • GCC Countries
      • Southern Africa
      • Rest of MEA
    • Latin America
      • Brazil
      • Rest of Latin America