North America Stormwater Management market is expected to register an impressive CAGR during the forecast period.

Stormwater management is the process of controlling stormwater runoff that primarily originates from impervious surfaces such as parking lots, driveways, and roofs. Rural areas usually consist of infiltrated areas such as farmlands, meadows, and forests. These areas absorb and infiltrate precipitation, causing small runoff. Urban areas have a higher percentage of impermeable surfaces such as sidewalks and roofs. Runoff from these areas rapidly overwhelms natural waterways and streams, causing channel erosion, localized flooding, and property damage. Rainwater can carry contaminants such as motor oil and household cleaners from these impermeable surfaces. This water flows straight from the street into streams and rivers with little or no treatment. The main objective of stormwater management is to reduce and control this runoff as much as possible while removing pollutants and improving water quality. This is essential to support the health functioning and resilience of communities and ecosystems.

Market Drivers

The Ontario government has invested $25 million in building, upgrading and rehabilitating stormwater and sewer infrastructure, including USD4 million for the City of Toronto. USD2 million to improve aging stormwater and wastewater system infrastructure for greater efficiency and reliability. Funds can be used to build stormwater infrastructure, upgrade sewers and pumping stations, and clear debris from stormwater management ponds. The rest will used to improve wastewater monitoring and public reporting capabilities and also purchase and install monitoring equipment and software, record when and where sewage spills and bypasses occur, and improve or implement real-time public reporting systems. This is expected to drive the stormwater management market in Canada.

In June 2019, the City of San Antonio awarded $2.6 million to researchers at the University of Texas at San Antonio (UTSA) to support three stormwater management projects over the next three years. Each project protects the Edwards Aquifer by reducing the risk of pollution from spills. This project will explore the possibility of using four different types of permeable sidewalks to manage stormwater runoff while also mitigating the urban heat island effect. This is expected to drive the stormwater management market in the US.

The U.S. Environmental Protection Agency (EPA) is investing $53 million in the Gulf of Mexico for wetland restoration, stormwater treatment and control, nature-based infrastructure, resilient coastlines, and other ecosystem initiatives. Funded by the Infrastructure Invest and Jobs Act (IIJA), the investment will provide more than $10 million annually through 2026, while restoring wetlands, stormwater treatment and control, nature-based infrastructure, and building resilient communities. Support coastlines and other initiatives essential to creating health and the vibrant Gulf of Mexico. This project is expected to drive the stormwater management market in North America.

Latest Developments in North America Stormwater Management Market

In 2021, the governments of Canada and British Columbia announced funding for 14 water, wastewater, and stormwater infrastructure projects in their provinces. The investment was over USD110 million.

In 2022, San Diego signed a loan with the Environmental Protection Agency to restore the city's aging stormwater system. The loan will allow up to $733 million to be invested in stormwater infrastructure projects over the next five years. This is his one of the biggest infrastructure investments in recent years. The mayor signed the first installment of $225 million. The loan will fund more than 80 projects, including the restoration and replacement of degraded stormwater infrastructure.

Problems in Supply Chain

The challenge lies in the interruption of the supply of raw materials. This is because the movement and transportation of raw materials will be stopped, which will have a negative impact on manufacturers. This affects production and leads to reduced product sales. Suppliers of stormwater management equipment are also experiencing backlash as their imports and exports may be suspended for certain reasons.


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Market Segmentation

North America Stormwater Management market is segmented on the basis of tools type, segment and application. Based on tools type, the market is divided into grassed swales, rain gardens, pervious pavement, green roofs, and others. On the basis of segment, the market is divided into stormwater management tools and maintenance service. Based on application, the market is segmented into municipal, commercial, and industrial.

Market Players

Major market players in the North America Stormwater Management market are Contech Engineered Solutions LLC, Forterra, Inc., Advanced Drainage Systems, Inc., Resource Environmental Solutions, LLC, Ecosol PTY Ltd., Hydro International, Old castle Infrastructure, Inc., AquaShield, Inc., StormTrap LLC, and Suntree Technologies Inc.

Attribute

Details

Base Year

2022

Historic Data

2018– 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

·         Tools Type

·         Segment

·         Application

Regional scope

United States, Canada, Mexico

Key companies profiled

Contech Engineered Solutions LLC, Forterra, Inc., Advanced Drainage Systems, Inc., Resource Environmental Solutions, LLC, Ecosol PTY Ltd., Hydro International, Old castle Infrastructure, Inc., AquaShield, Inc., StormTrap LLC, Suntree Technologies Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, North America Stormwater Management Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         North America Stormwater Management Market, By Tools Type:

o   Grassed Swales

o   Rain Gardens

o   Pervious Pavement

o   Green Roofs

o   Others

·         North America Stormwater Management Market, By End User:

o   Stormwater Management Tools

o   Maintenance Service

·         North America Stormwater Management Market, By End User:

o   Municipal

o   Commercial

o   Industrial

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the North America Stormwater Management market.

Available Customizations:

With the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

·         Detailed analysis and profiling of additional market players.

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In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 North America Stormwater Management Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Preference for Stormwater Management Solution

5.2.  Satisfaction Level

5.3.  Factors Influencing Purchase Decision

6.    North America Stormwater Management Market Outlook

6.1.  Market Size & Forecast

6.1.1.                By Value

6.2.  Market Share & Forecast

6.2.1.           By Tools Type (Grassed Swales, Rain Gardens, Pervious Pavement, Green Roofs and Others)

6.2.2.           By Segment (Stormwater Management Tools, Maintenance Service)

6.2.3.           By Application (Municipal, Commercial and Industrial)

6.2.4.                By Region

6.2.5.                By Company

6.3.  Market Map

7.    United States Stormwater Management Market Outlook

7.1.  Market Size & Forecast

7.1.1.                By Value

7.2.  Market Share & Forecast

7.2.1.           By Tools Type (Grassed Swales, Rain Gardens, Pervious Pavement, Green Roofs and Others)

7.2.2.           By Segment (Stormwater Management Tools, Maintenance Service)

7.2.3.           By Application (Municipal, Commercial and Industrial)

8.    Caanda Stormwater Management Market Outlook

8.1.  Market Size & Forecast

8.1.1.                By Value

8.2.  Market Share & Forecast

8.2.1.           By Tools Type (Grassed Swales, Rain Gardens, Pervious Pavement, Green Roofs and Others)

8.2.2.           By Segment (Stormwater Management Tools, Maintenance Service)

8.2.3.           By Application (Municipal, Commercial and Industrial)

9.    Mexico Stormwater Management Market Outlook

9.1.  Market Size & Forecast

9.1.1.                By Value

9.2.  Market Share & Forecast

9.2.1.           By Tools Type (Grassed Swales, Rain Gardens, Pervious Pavement, Green Roofs and Others)

9.2.2.           By Segment (Stormwater Management Tools, Maintenance Service)

9.2.3.           By Application (Municipal, Commercial and Industrial)

10. Market Dynamics

10.1.   Drivers

10.1.1.             Investment by Ontario government

10.1.2.             Stormwater Management projects in San Antonio

10.1.3.             Investment in Gulf of Mexico

10.2.   Challenges

10.2.1.             Problems in Supply Chain

11. Company Profiles

11.1.   Contech Engineered Solutions LLC

11.1.1.             Business Overview

11.1.2.             Key Revenue and Financials (If available)

11.1.3.             Recent Developments

11.1.4.             Key Personnel

11.1.5.             Key Product/Services

11.2.   Forterra Inc.

11.2.1.             Business Overview

11.2.2.             Key Revenue and Financials (If available)

11.2.3.             Recent Developments

11.2.4.             Key Personnel

11.2.5.             Key Product/Services

11.3.   Advanced Drainage Systems, Inc. 

11.3.1.             Business Overview

11.3.2.             Key Revenue and Financials (If available)

11.3.3.             Recent Developments

11.3.4.             Key Personnel

11.3.5.             Key Product/Services

11.4.   Resource Environmental Solutions, LLC

11.4.1.             Business Overview

11.4.2.             Key Revenue and Financials (If available)

11.4.3.             Recent Developments

11.4.4.             Key Personnel

11.4.5.             Key Product/Services

11.5.   Ecosol PTY Ltd.

11.5.1.             Business Overview

11.5.2.             Key Revenue and Financials (If available)

11.5.3.             Recent Developments

11.5.4.             Key Personnel

11.5.5.             Key Product/Services

11.6.   Hydro International

11.6.1.             Business Overview

11.6.2.             Key Revenue and Financials (If available)

11.6.3.             Recent Developments

11.6.4.             Key Personnel

11.6.5.             Key Product/Services

11.7.   Old castle Infrastructure, Inc.

11.7.1.             Business Overview

11.7.2.             Key Revenue and Financials (If available)

11.7.3.             Recent Developments

11.7.4.             Key Personnel

11.7.5.             Key Product/Services

11.8.   AquaShield, Inc.    

11.8.1.             Business Overview

11.8.2.             Key Revenue and Financials (If available)

11.8.3.             Recent Developments

11.8.4.             Key Personnel

11.8.5.             Key Product/Services

11.9.   StormTrap LLC    

11.9.1.             Business Overview

11.9.2.             Key Revenue and Financials (If available)

11.9.3.             Recent Developments

11.9.4.             Key Personnel

11.9.5.             Key Product/Services

11.10.Suntree Technologies Inc

11.10.1.          Business Overview

11.10.2.          Key Revenue and Financials (If available)

11.10.3.          Recent Developments

11.10.4.          Key Personnel

11.10.5.          Key Product/Services

12. Strategic Recommendations

12.1.   Key focus on Segment

12.1.1.             More focused on Grassed Swales segments

12.1.2.             More focused on Municipal segment

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