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

US Wetland Management Market Size And Forecast

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

The rising importance and applications of wetlands in the U.S. in many ways give rise to fostering the growth of the market. More than half of all adults in the United States (98 million people) hunt, fish, bird-watch, or photograph wildlife. Moreover, the rising adoption of a variety of programs and practices further fosters market growth. More than half of the country’s wetlands in the lower 48 states have been gone, along with the vital functions they serve. States have implemented a number of initiatives and strategies to conserve and restore the nation’s wetlands. The United States wetland programmes are dedicated to wetland protection and conservation, with an emphasis on the four Core Elements of the EPAwetland regulation, wetland monitoring, and assessment, wetland water quality standards, and voluntary wetland restoration.

Human activities may impede the growth of wetlands in a variety of ways. Wetland stressors can be chemical (e.g., harmful substances), physical (e.g., sedimentation), or biological in nature (e.g., non-native species). Hydrologic changes can have a profound impact on soil chemistry as well as plant and animal ecosystems. Pollutants such as silt, fertilizer, human sewage, animal waste, road salts, pesticides, and heavy metals can overwhelm the wetland’s natural capacity to absorb them, causing deterioration. The increasing environmental awareness programmes and value of the wetlands can create growth opportunities for the U.S. wetland management market. Although the value of ecosystem management has long been recognized in many traditional cultures, official environmental regulations and legislation began to emerge in the nineteenth century in reaction to industrialization’s environmental issues.

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

• Polymnia canadensis• Verbena incompta• Hymenocallis occidentalis• Bromus nottowayanus• Hymenocallis latifolia• Others

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.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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