United States Stormwater Management Market By Tools Type (Grassed Swales, Rain Gardens, Pervious Pavement, Green Roofs and Others), By Segment (Stormwater Management Tools, Maintenance Service), By Application (Municipal, Commercial, and Industrial), By Region, Competition Forecast & Opportunities, 2018-2028.
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Water and Waste Management | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited States Stormwater Management Market By Tools Type (Grassed Swales, Rain Gardens, Pervious Pavement, Green Roofs and Others), By Segment (Stormwater Management Tools, Maintenance Service), By Application (Municipal, Commercial, and Industrial), By Region, Competition Forecast & Opportunities, 2018-2028.
United States Stormwater Management market
Stormwater management is an effort to improve water quality by controlling the runoff of rainwater and snowmelt onto roads and lawns. As rainwater is absorbed by the soil, it is filtered and eventually replenishes aquifers or flows into streams and rivers. However, when it rains heavily, water-saturated soils produce excess moisture, which flows across the surface into storm drains and ditches. This water often carries debris, chemicals, bacteria, eroded soil, and other contaminants into streams, rivers, lakes, or wetlands.
Climate change is increasing the frequency and intensity of extreme rainfall in many US cities, increasing the risk of localized stormwater flooding. Historically, only water quality has been controlled because rainwater can wash pollutants into bodies of water. Cities now also have to manage rainwater due to high levels of water flood roads and buildings, and overloading stormwater systems.
Market Drivers
As global warming continues to contribute to rising sea levels and extreme weather, the country's floodplains are expected to expand by the end of the century. Cumulative extreme weather events, rising sea levels, and other impacts of climate change are responsible for a significant increase in natural disasters in the country. Significant increases in disasters such as hurricanes, storms, and floods are increasing the need for management, which is expected to boost the growth of the stormwater management market in the United States.
40% of Americans live in counties hit by climate disaster in 2021, and more than 80% have experienced heat waves.
USD 67 million in grants will be found at under the new sewer overflow and stormwater recycling municipal grant program.
Latest Developments in the United States Stormwater Management Market
- In 2019, Florida's park Osprey Acres
Stormwater Park and Preserve opened to the public. The $7.4 million park offers
sweeping views of Florida's habitat while filtering rainwater before returning
to the Indian River's lagoon. It is built on a site of 83.7 hectares. The
purpose of the park was to increase the capacity of the county's stormwater
treatment system while providing recreational opportunities for residents and
protecting it from overdevelopment. The facility is designed to handle
approximately 12 million gallons of stormwater.
- The US government budget for 2023
allocated USD3.5 billion for the Department of Homeland Security (DHS) climate
protection program. That includes USD507 million, an increase of USD 93 million
from 2021. This is to incorporate climate science and future risks into the
Federal Emergency Management Agency's (FEMA) flood hazard mapping program.
Changing weather pattern and not upgrading the infrastructure
Changing weather patterns has presented the US government with various challenges as the capacity of the existing infrastructure is not sufficient and not maintained to fight against the rough weather. Moreover, increase in urbanization has also reduced the capacity of the stormwater drain with the population has increased and so is the water requirement but not the infrastructure associated with it.
Market Segmentation
United States Stormwater Management
Market Players
Major market players in the
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018–
2022 |
|
Estimated Year |
2023 |
|
Forecast Period |
2024
– 2028 |
|
Quantitative Units |
Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
|
Report coverage |
Revenue
forecast, company share, growth factors, and trends |
|
Segments covered |
Tools Type Segment Application |
|
Regional scope |
South,
Midwest, North-East, West |
|
Key companies profiled |
Contech Engineered
Solutions LLC, Forterra, Inc., Advanced Drainage Systems, Inc., AquaShield,
Inc., Hydro International UK Ltd., Oldcastle Infrastructure, Inc., StormTrap
LLC, Thompson Pipe Group, Rinker Materials, Inc., and Resource Environmental
Solutions, LLC |
|
Customization scope |
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research
needs. Explore purchase options |
|
Delivery Format |
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request) |
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