Market Research Report
Global Stormwater Management Market, By Tool, By Application, By End User Industry By Region, Competition Forecast & Opportunities, 2016-2026
|Global Stormwater Management Market, By Tool, By Application, By End User Industry By Region, Competition Forecast & Opportunities, 2016-2026|
Published: September 1, 2021
Content info: 202 Pages
Delivery time: 2-3 business days
Global stormwater management market stood at USD13430.79 million in 2020 and is projected to grow at a CAGR of 8.40% by 2026 on the back of increasing number of intense floods and storms coupled with rising urbanization. Increase in the number and intensity of landslides due to heavy storm, snow and rainfall drives the adoption of stormwater management solutions for efficient water management and sustainable infrastructure development. Moreover, technological advancements, growing investments towards water infrastructure & management systems, and shifting focus of governments towards the adoption of advanced water management systems as compared to traditional wastewater and water management systems, is expected to fuel the global stormwater management market in the coming years.
Several treating systems are available, but each system has its own pros and cons and therefore it is obligatory to use the technique/system as per the ingredients of the polluted water such as the pollutant present in large quantities, among others. Generally, three stages are established in stormwater treatment namely, the primary stage (basic level that removes gross pollutants and helps in superficial cleaning), the secondary stage (removes and sediments fine particles and the attached pollutants) and the tertiary stage (removes ultrafine and colloidal particulates, heavy metals, and other dissolved nutrients).
Stormwater management systems such as sand filters, hydrodynamic separators, gross pollutant traps, sediment basins, litter baskets, grass swales, infiltration and bio-infiltration systems, trash racks, net guards and slit arrestors find their applications in Stormwater detention, Water quality protection, Stormwater infiltration, Oil spill control, Industrial stormwater (filtration for industrial sites, stormwater treatment on sites using hydrodynamic separators, oil and water separation techniques and rail collector pans for oil collection), and Green infrastructure (bio retention pre-treatment, bio retention and subsurface infiltration, bio filtration and rainwater harvesting).
Stormwater management majorly finds application in municipal, industrial and commercial sectors. Municipal sector accounts for the dominating share in the global stormwater management market, on the back of increasing number of government regulations to minimize the pollution and make efficient use of stormwater. Increasing investments and growing technological advancements to upgrade water management infrastructure have shifted the governments and private companies' focus to stormwater management as compared to conventional methods of water and wastewater management. Additionally, government standards and guidelines to include stormwater management in building guidelines and urban planning, majorly in developed economies, is expected to boost the use of stormwater management services across various sectors, globally.
Some of the leading players operating in the global stormwater management market include Contech Engineered Solutions LLC, Forterra, Inc., Advanced Drainage Systems, Inc., Urban Asset Solutions Pty Ltd, Resource Environmental Solutions, LLC, Hydro International UK Ltd., AquaShield, Inc., Oldcastle Infrastructure, Inc., StormTrap LLC and SMEC Holdings Limited.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021E
Forecast Period: 2022-2026F
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of Global Stormwater Management Market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, the Global Stormwater Management Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in the * Global Stormwater Management Market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: