Market Overview:
The global pervious concrete and porous asphalt market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for green infrastructure solutions and rising awareness about the benefits of pervious concrete and porous asphalt. Municipal infrastructure is expected to be the fastest-growing application segment in the global pervious concrete and porous asphalt market during the forecast period. North America is expected to lead the global pervious concrete and porous asphalt market during the forecast period, followed by Europe.
Product Definition:
Pervious concrete and asphalt are both paving materials that allow water to drain through them, rather than causing it to accumulate and create puddles or flooding. This is important because it reduces the amount of runoff that occurs during storms, which can help prevent erosion and protect local waterways. Pervious concrete and asphalt are also good for the environment because they reduce the amount of pollutants that are carried away in stormwater runoff.
Pervious Concrete:
Pervious concrete is a new material that has gained popularity in the recent past. It is a type of composite construction material, which consists of an aggregate or cement base with small pieces of recycled asphalt embedded within it. The paver typically mixes the concrete and asphalt in their proprietary machine, produces a finished mix by applying heat and pressure to obtain proper bonding between the components.
Porous Asphalt:
Porous asphalt is a mixture of rock and slag, which has been used as an aggregate in the production of bitumen. The product consists of small pores that allow the easy movement of fluids within the material. These pore spaces also act as channels for water and air to enter into the material, thus making it less dense than regular asphalt.
The porous type can be differentiated from non-porous types by observing their physical properties such as permeability and surface area.
Application Insights:
The global pervious concrete and asphalt market is segmented on the basis of application into municipal infrastructure, commercial infrastructure and others. The municipal infrastructure segment accounted for the largest share in 2017 owing to increasing government expenditure for infrastructural development across various countries including China, India, Brazil, Mexico and so on. In addition, favorable government policies such as ¢â‚¬Å“Pradhan Mantri Awas Yojna¢â‚¬ in India are promoting residential construction which is further driving demand for pervious concrete or asphalt roads over the next few years.
Commercial infrastructure includes healthcare facilities & buildings along with public amenities such as parking lots & driveways that require short-term maintenance without requiring major repairs or replacements every few years.
Regional Analysis:
Asia Pacific dominated the global pervious concrete and asphalt market in terms of revenue with a share of over 45.0% in 2017. This is attributed to increasing road infrastructure development, growing population, and rising demand for transportation facilities across emerging economies such as China, India, Indonesia among others.
The region is expected to witness substantial growth on account of rapid urbanization coupled with government initiatives aimed at augmenting the infrastructural capacity across countries including China and India among others. In addition, rising disposable income will also contribute towards industry expansion over the forecast period.
Growth Factors:
- Increasing demand for green infrastructure: The growing awareness of the benefits of green infrastructure is driving the demand for pervious concrete and asphalt. Green infrastructure helps in reducing environmental impacts, such as flooding and improving air quality.
- Rising need for sustainable construction materials: There is an increasing demand for sustainable construction materials due to the growing concerns over climate change and dwindling natural resources. Pervious concrete and asphalt are environmentally friendly alternatives to traditional paving materials.
- Growing popularity of rain gardens: Rain gardens are becoming increasingly popular as a way to manage storm water runoff using pervious paving solutions like pervious concrete and asphalt. A rain garden can help reduce flooding, improve water quality, and provide habitat for wildlife.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pervious Concrete and Asphalt Market Research Report
By Type
Pervious Concrete, Porous Asphalt
By Application
Municipal Infrastructure, Commercial Infrastructure
By Companies
LafargeHolcim, Cemex, CRH, BASF, Sika, Chaney, Boral, U.S. Concrete, CNBM, China West Construction, LafargeHolcim
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Pervious Concrete and Asphalt Market Report Segments:
The global Pervious Concrete and Asphalt market is segmented on the basis of:
Types
Pervious Concrete, Porous Asphalt
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Municipal Infrastructure, Commercial Infrastructure
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LafargeHolcim
- Cemex
- CRH
- BASF
- Sika
- Chaney
- Boral
- U.S. Concrete
- CNBM
- China West Construction
- LafargeHolcim
Highlights of The Pervious Concrete and Asphalt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pervious Concrete
- Porous Asphalt
- By Application:
- Municipal Infrastructure
- Commercial Infrastructure
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pervious Concrete and Asphalt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pervious concrete and asphalt are two types of pavement that use a permeable membrane to allow water, oil, and other liquids to pass through the surface. This type of pavement is often used in areas where there is a lot of traffic or where there is a potential for rain or snow.
Some of the key players operating in the pervious concrete and asphalt market are LafargeHolcim, Cemex, CRH, BASF, Sika, Chaney, Boral, U.S. Concrete, CNBM, China West Construction, LafargeHolcim.
The pervious concrete and asphalt market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pervious Concrete and Asphalt Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pervious Concrete and Asphalt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pervious Concrete and Asphalt Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pervious Concrete and Asphalt Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pervious Concrete and Asphalt Market Size & Forecast, 2018-2028
4.5.1 Pervious Concrete and Asphalt Market Size and Y-o-Y Growth
4.5.2 Pervious Concrete and Asphalt Market Absolute $ Opportunity
Chapter 5 Global Pervious Concrete and Asphalt Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pervious Concrete and Asphalt Market Size Forecast by Type
5.2.1 Pervious Concrete
5.2.2 Porous Asphalt
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pervious Concrete and Asphalt Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pervious Concrete and Asphalt Market Size Forecast by Applications
6.2.1 Municipal Infrastructure
6.2.2 Commercial Infrastructure
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pervious Concrete and Asphalt Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pervious Concrete and Asphalt Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pervious Concrete and Asphalt Analysis and Forecast
9.1 Introduction
9.2 North America Pervious Concrete and Asphalt Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pervious Concrete and Asphalt Market Size Forecast by Type
9.6.1 Pervious Concrete
9.6.2 Porous Asphalt
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pervious Concrete and Asphalt Market Size Forecast by Applications
9.10.1 Municipal Infrastructure
9.10.2 Commercial Infrastructure
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pervious Concrete and Asphalt Analysis and Forecast
10.1 Introduction
10.2 Europe Pervious Concrete and Asphalt Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pervious Concrete and Asphalt Market Size Forecast by Type
10.6.1 Pervious Concrete
10.6.2 Porous Asphalt
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pervious Concrete and Asphalt Market Size Forecast by Applications
10.10.1 Municipal Infrastructure
10.10.2 Commercial Infrastructure
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pervious Concrete and Asphalt Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pervious Concrete and Asphalt Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pervious Concrete and Asphalt Market Size Forecast by Type
11.6.1 Pervious Concrete
11.6.2 Porous Asphalt
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pervious Concrete and Asphalt Market Size Forecast by Applications
11.10.1 Municipal Infrastructure
11.10.2 Commercial Infrastructure
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pervious Concrete and Asphalt Analysis and Forecast
12.1 Introduction
12.2 Latin America Pervious Concrete and Asphalt Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pervious Concrete and Asphalt Market Size Forecast by Type
12.6.1 Pervious Concrete
12.6.2 Porous Asphalt
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pervious Concrete and Asphalt Market Size Forecast by Applications
12.10.1 Municipal Infrastructure
12.10.2 Commercial Infrastructure
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pervious Concrete and Asphalt Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pervious Concrete and Asphalt Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pervious Concrete and Asphalt Market Size Forecast by Type
13.6.1 Pervious Concrete
13.6.2 Porous Asphalt
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pervious Concrete and Asphalt Market Size Forecast by Applications
13.10.1 Municipal Infrastructure
13.10.2 Commercial Infrastructure
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pervious Concrete and Asphalt Market: Competitive Dashboard
14.2 Global Pervious Concrete and Asphalt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LafargeHolcim
14.3.2 Cemex
14.3.3 CRH
14.3.4 BASF
14.3.5 Sika
14.3.6 Chaney
14.3.7 Boral
14.3.8 U.S. Concrete
14.3.9 CNBM
14.3.10 China West Construction
14.3.11 LafargeHolcim
