US Stormwater Management Market: Current Analysis and Forecast (2022-2028)

The US Stormwater Management Market is expected to grow at a significant rate of around 7% during the forecast period. According to the United States Environmental Protection Agency, stormwater management is defined as the effort to minimize the runoff of melted snow or rainwater into the lawns, streets, and other sites and the improvement of water quality. In recent years, stormwater management has witnessed significant demand in the United States due to the increasing awareness for the lake and aquatic life, maintenance of health streams, reduction in stream erosion along with prevention of the increased risk of flood and protect water quality. To ensure stormwater management the US government launches NPDES storm programs including several sources such as construction, industrial, municipal, oil & gas, and transportation sources among others. Additionally, the increasing investment and growing technological advancement are shifting the government's focus toward the adoption of advanced stormwater management systems and are expected to support market growth.

Contech Engineered Solutions LLC, Hydro International UK Ltd., Advanced Drainage Systems, Inc., StormTrap LLC, Rinker Materials, Resource Environmental Solutions LLC, Forterra, Inc., AquaShield Inc., Suntree Technologies Inc., and Thompson Pipe Group, Inc. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

"Amongst tools, the grassed swales category to witness higher CAGR during the forecast period"

Based on tools, the market is segmented into rain grades, green roofs, grassed swales, and others. The grassed swales segment is expected to witness significant growth during the forecast period owing to better control rate of stormwater and acts as a filter medium removing pollution & offer stormwater infiltration. Also, the grassed swales offer lower implementation and operational costs to remove sediments, pollution, and nutrients. It increases infiltration and adds visual aesthetic elements to a stormwater management site. However, the limitation to the operation of grassed swales in urban areas due to the requirement of a larger surface area for better operation will negatively impact the market.

"Amongst component, the stormwater maintenance segment to hold a significant share in the market in 2020"

Based on component, the market is categorized into stormwater management tools and maintenance services. The stormwater maintenance service segment is expected to witness a significant market share in the market during the forecast period owing to the need for water collection and quality assurance. Also, the government initiative and policies are expected to support the stormwater maintenance service in the region. For instance, the stormwater pollution prevention plan, which includes inspection, maintenance & operation plans for the site.

"Mississippi to hold a significant share in the market"

In 2020, Mississippi held a significant share of the US stormwater management market. This is mainly due to the growing government support for stormwater runoff along with the presence of major players and infrastructural support. Moreover, government initiative such as SWGP (Stormwater Grant Program) which focus on financial aid for eligible projects, and CGP (Construction General Permit) which requires the development of an SWPPP (Stormwater Pollution Prevention Plan) by a certified qualified SWPPP (QSWPPP) is expected to support the market growth in the region.  

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Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

The study comprehensively covers the market across different segments.

Deep dive regional level analysis of the industry.

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