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Europe is one of the dominating markets for pervious pavement, owing to significant investments in infrastructure redevelopment projects by both private and public organisations. Another significant market, North America, is expected to witness robust growth, owing to rise in new building constructions and infrastructural activities, along with high population and development in the region. With the growing momentum in the pervious pavement industry in the developed countries, the market for pervious pavement in the developing countries, such as India, China, South Africa, Russia, and the Middle East Companies are also expected to observe rapid growth in the coming years.
In August 2021, LafargeHolcim Ltd (SWX: HOLN) launched CementDirect Ready-mix concrete delivery app in the United States of America. This app consists of ordering, shipping, and tracking status for costomers. In the same month and year, Atlanta Power Infrastructure Ord Shs (OTCMKTS: AWSL) acquired a controlling interest in the K.B Industries UK Ltd’s, KBI’s Flexi®-Pave innovator and its related products. Earlier in September 2019, Greater Hyderabad Municipal Corporation had launched a ‘Model Pilot Project’ for pervious concrete road pavement in Telangana. In June 2019, EOS Eco-Energy, a non-profiting organisation based in Canada, announced a pilot project aimed at mitigating flooding in Sackville town of Canada. All these acquisitions and innovations are expected to augment the growth of the global pervious pavement industry.
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The major players in the global market for pervious pavement are LafargeHolcim Ltd, Chaney Enterprises, Fred Adams Paving Co., Inc, Pervious Paving Contractors LLC, and Pervious Concrete, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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