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

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Emphasis on Tools (Rain Grades, Green Roofs, Grassed Swales, and Others); Component (Stormwater Management Tools and Maintenance Services); Application (Industrial, Commercial, and Municipal); and Region/Country

Pages:

147

Table:

45

Figure:

98

Report ID:

UMEP211274

Geography:

Clear
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Report Description
Table of content
Research Methodology

Report Description

US Stormwater Management Market
US Stormwater Management Market

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.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
  • The report presents a quick review of overall industry performance at one glance.
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
  • 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.

 

Customization Options:

The US stormwater management market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

1.1.Market Definitions
1.2.Main Objective
1.3.Stakeholders
1.4.Limitation

 

2.1.Research Process of the U.S. Stormwater Management Market
2.2.Research Methodology of the U.S. Stormwater Management Market
2.3.Respondent Profile     

 

3MARKET SYNOPSIS

 

4EXECUTIVE SUMMARY

 

5IMPACT OF COVID-19 ON THE U.S. STORMWATER MANAGEMENT MARKET

 

6THE U.S. STORMWATER MANAGEMENT MARKET REVENUE (USD BN), 2020-2028F

 

7.1.Rain Grades 
7.2.Green Roof
7.3.Grassed Swales
7.4.Others 

 

8.1.Stormwater Management Tools
8.2.Maintenance Service

 

9.1.Industrial 
9.2.Commercial 
9.3.Municipal

 

10.1.California
10.2.Texas 
10.3.Florida 
10.4.New York 
10.5.Pennsylvania
10.6.Mississippi
10.7.Others      
11.1.Market Drivers
11.2.Market Challenges
11.3.Impact Analysis

 

12THE U.S. STORMWATER MANAGEMENT MARKET OPPORTUNITIES

 

13THE U.S. STORMWATER MANAGEMENT MARKET TRENDS

 

14.1.Demand Side Analysis
14.2.Supply Side Analysis
15VALUE CHAIN ANALYSIS

 

16.1.Competitive Landscape
 16.1.1.Porters Fiver Forces Analysis
17.1.Hydro International UK Ltd.
17.2.Advanced Drainage Systems, Inc.
17.3.StormTrap LLC 
17.4.Rinker Materials 
17.5.Resource Environmental Solutions LLC
17.6.Contech Engineered Solutions
17.7.Forterra, Inc. 
17.8.AquaShield Inc.  
17.9.Suntree Technologies Inc. 
17.10.Thompson Pipe Group, Inc.

 

18DISCLAIMER

 

Research Methodology

Research Methodology for The US Stormwater Management Market Analysis (2022-2028)

Analyzing the historical market, estimating the current market, and forecasting the future market of the US stormwater management market were the three major steps undertaken to create and analyze the adoption of US stormwater management in major regions. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the US stormwater management market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the US stormwater management market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the US stormwater management market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as tools, segments, and applications. Further region-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the US stormwater management market. Further, we conducted factor analysis using dependent and independent variables such as various tools, segments, and applications of US stormwater management. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the US stormwater management market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the US stormwater management market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets in the region. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of revenue (USD) and the adoption rate of the US stormwater management market across the major markets domestically
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the US stormwater management market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

 

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

US Stormwater Management Market
US Stormwater Management Market

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the US stormwater management market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of tools, segments, and applications in the US stormwater management market.

The main objective of the US Stormwater Management Market Study

The current & future market trends of the US stormwater management market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of the US stormwater management market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include areas of tools, segments, and applications.
  • Define and analysis of the regulatory framework for the US stormwater management
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
  • Analyze the current and forecast market size of the US stormwater management market for the major region.
  • Major countries of regions studied in the report include California, Texas, Florida, New York, Pennsylvania, Mississippi, and Others.
  • Company profiles of the US stormwater management market and the growth strategies adopted by the market players to sustain in the fast-growing market
  • Deep dive regional level analysis of the industry