Strong Regulatory Drivers and Pouring Investments:

The growing realization of benefits and applications of stormwater management such as protection of human health, reduction in water pollution levels, increasing utilization and reuse of rainwater for agricultural and residential purposes, lesser infrastructural damages to property and incremental beauty of urban landscape due to greener spaces & recreational areas are encouraging the government to implement regulatory parameters for stormwater management. As of 2016, the total spending on green infrastructure by government agencies, water utilities, private companies and other communities amounts to more than USD25 Billion, wherein transactions grew at an average of 11.8% per year over the past 5 years. Several federal and local regulations have been formulated by nations, for instance:

China: The ultimate goal of sponge city initiative launched by the Government of China is that 80% of urban areas should absorb and re-use at least 70% of rainwater by 2020, which is expected to boost the adoption of stormwater management practices across the country through 2026.

India: In 2017, India and the United Kingdom announced the launch of a Green Growth Equity Fund which is aimed to develop and leverage private sector investment from the City of London for green infrastructure projects in India.

Europe: European Commission Launches Green Infrastructure Strategy throughout the European Union (EU) as an extension to existing European Union’s Resource Efficiency Roadmap and the European Union Biodiversity Strategy to 2020.

• Popular Trends in Global Stormwater Management Market:
• Green-Gray Infrastructure Hybrids
• Public-Private Partnerships (PPPs)

Conclusion: Global Stormwater Management market stood at more than USD3 Billion during 2016 and is expected to witness significant growth during the forecast period. Apart from traditional Best Management Practices (BMPs), the emerging innovative products including hydrodynamic separators, storm filters, etc. are witnessing enormous demand, subsequently escalating the Global Stormwater Management market. Moreover, the favorable regulations imposed by government agencies across the world, such as Municipal Separate Storm Sewer Systems (MS4) Program and Stormwater Pollution Prevention Plan (SPPP) by US EPA, The European Water Framework Directive (WFD), Australian Local Government (Stormwater) Act and many more would upsurge the demand for stormwater management globally. Additionally, the increasing CSR activities by private organization is compelling developing as well as developed nations such as US, China, Australia, New Zealand, etc. to adopt market based stormwater management at a broader scale, consequently driving the market over the coming years.

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Partial List of Stormwater Treatment Plants Installed in 2016