US Wetland Management Market Size By Plant Species Type (Polymnia canadensis,Verbena incompta, Hymenocallis occidentalis), By Product (Mechanical Techniques, Herbicide Application), By Application (Municipal, Commercial, Residential), And Forecast
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
US Wetland Management Market size was valued at USD 5,769.85 Million in 2020 and is projected to reach USD 7,811.42 Million by 2028, growing at a CAGR of 4.04% from 2021 to 2028.
The rising importance and applications of wetlands in the U.S. in many ways give rise to fostering the growth of the market. Moreover, the rising adoption of a variety of programs and practices further fosters market growth. The US Wetland Management Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
US Wetland Management Market Definition
Wetlands of the United States are defined as those areas which are generally saturated by ground or surface water; that is, the place where water covers the soil or lies at or just below the surface, for the whole year. This includes the growing season also. Wetlands include various types of textures and areas and can also be affected by simple natural events. These are valued in terms of their handout in social, ecological and economic systems. They perform the functions of water filtration, water storage and biological productivity and also service via these systems.
These wetlands cannot be expressed in terms of a particular land type as they are generally a transition between terrestrial and aquatic systems and there are also no natural boundaries between them. As these wetlands are spread throughout a large area in the United States, defining their boundaries can still be considered a challenge. So, these are dependent on the characteristics of the ground and vegetation. Also, it is way easier to decide upon the boundaries where there is steeper land.
US Wetland Management Market Overview
Wetlands are becoming a bigger deal in the U.S., and that's really helping the market grow! Think about itover half of all adults here – a whopping 98 million people – love to hunt, fish, bird-watch, or snap photos of wildlife. Plus, more and more programs and practices are popping up to protect these crucial areas, which is great news for the market too. We've already lost over half of the wetlands in the lower 48 states, which means we've also lost a lot of important benefits they provide. Luckily, states are stepping up with initiatives to save and rebuild our wetlands. The U.S. wetland programs are all about protecting and conserving these areas, and they really focus on what the EPA calls the four Core Elementswetland regulation, wetland monitoring and assessment, wetland water quality standards, and voluntary wetland restoration.
We humans? We're not always the best neighbors to wetlands. See, we impact their growth in all sorts of ways. Think of it like thisWetlands get stressed by chemical problems (like nasty substances), physical issues (too much sediment!), and even biological invaders (hello, non-native species). And messing with the water flow? That throws everything off, from the soil's chemistry to the plant and animal communities that call it home. Then there's all the gunk we dump in – silt, fertilizer, yucky sewage, animal waste, road salts, pesticides, even heavy metals! Wetlands just can't handle that much, and they start to fall apart. But hey, there's good news! We're waking up to how important wetlands are, and that's creating opportunities to protect them. It's interesting, isn't it? Many cultures have always understood the value of taking care of ecosystems, but it wasn't until the 1800s, when industrialization started causing real problems, that we started seeing actual environmental laws pop up.
US Wetland Management MarketSegmentation Analysis
The US Wetland Management Market is segmented on the basis of Plant Species Type, Product, And Application.
US Wetland Management Market, By Plant Species Type
Based on Plant Species Type, the market is bifurcated into Polymnia canadensis,Verbena incompta, Hymenocallis occidentalis, Bromus nottowayanus, Hymenocallis latifolia, and Others. Polymnia canadensis accounted for the largest market share in 2020, and is projected to grow at the highest CAGR of 5.18% during the forecast period. Verbena incompta was the second-largest market in 2020, and it is projected to grow at a highest CAGR.
US Wetland Management Market, By Product
• Mechanical Techniques• Herbicide Application
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On the basis of Product, the US Wetland Management Market has been segmented into Mechanical Techniques, Herbicide Application. Mechanical Techniques accounted for the largest market share in 2020, and is projected to grow at the highest CAGR of 4.51% during the forecast period. Herbicide Application was the second-largest market in 2020, and it is projected to grow at a highest CAGR
US Wetland Management Market, By Application
• Municipal• Commercial• Residential
Based on Application, the market is segmented into Municipal, Commercial, Residential. Municipal accounted for the largest market share in 2020 and is projected to grow at the highest CAGR of 4.98% during the forecast period. Commercial was the second-largest market in 2020, and it is projected to grow at the highest CAGR.
Key Players
The “US Wetland Management Market” study report will provide valuable insight with an emphasis on the US market. The major players in the market are SOLitude Lake Management, DGC Environmental Services, Inc., Aquatics Systems Inc., AMW Arboreal Ltd., All Habitat Services, LLC, WWT Consulting, Clear Environmental Industries, Rimmer Environmental Consulting, LLC, and others.The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
Key Developments
• In January 2019, SOLitude Lake Management, a provider of lake, stormwater pond, wetland, and fisheries management solutions, acquired Aquatic Systems.
• In January 2019, Aquatic Systems has been acquired by SOLitude Lake Management, a provider of lake, stormwater pond, wetland and fisheries management solutions.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2017-2028
BASE YEAR
2020
FORECAST PERIOD
2021-2028
HISTORICAL PERIOD
2017-2019
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
SOLitude Lake Management, DGC Environmental Services, Inc., Aquatics Systems Inc., AMW Arboreal Ltd., All Habitat Services, LLC, & Others.
SEGMENTS COVERED
Plant Species Type, Product, And Application.
CUSTOMIZATION SCOPE
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Reasons to Purchase this Report
We take a look at the market using both numbers and words, breaking it down into segments based on things like money and even things that aren't about money. We'll give you the market value (in USD Billion) for each of these segments and smaller sub-segments. You'll also find out which region and segment we think will grow the fastest and be the biggest. We dig into each region, looking at how much of the product or service is used and what's influencing the market there. Plus, we've got a competitive landscape section that ranks the big players and covers their new stuff, partnerships, expansions, and acquisitions over the last five years. We've created detailed company profiles with overviews, insights, product comparisons, and SWOT analyses for all the major players. We'll give you our take on where the market is now and where it's headed, including growth opportunities, what's driving it, and what's holding it back in both new and established areas. We also use Porter's five forces to really understand the market from all angles, and give you insight through a Value Chain analysis. Finally, we'll map out the market dynamics and growth opportunities for the future and provide 6 months of analyst support after your purchase.
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