Global Stormwater Management Market Assessment, By System [Screening Systems, Separation Systems, Filtration, Infiltration, Retention Systems, Other Systems], By Type [Detention Ponds, Retention Ponds, On-site Detention, Rainwater Harvesting, Others], By Application [Municipal, Commercial, Residential, Others], By Region, Opportunities and Forecast, 2017-2031F

Stormwater Management Market is projected to witness a CAGR of 8.87% during the forecast period 2024-2031, growing from USD 17.88 billion in 2023 to USD 35.29 billion in 2031.

Stormwater Management Market Size Research Report 2031

Global stormwater management market is projected to witness a CAGR of 8.87% during the forecast period 2024-2031, growing from USD 17.88 billion in 2023 to USD 35.29 billion in 2031. The world is witnessing a substantial water crisis in different regions. While some regions are witnessing it in real-time, some are anticipated to reach that level in the upcoming years. The measures taken by government authorities, advanced water harvesting technology, and rising awareness towards saving water are projected to take an active role in the market&rsquo;s growth trajectory. Stormwater management enables end-users to treat water early and prevent possible flooding conditions. Rapid innovation in the agricultural sector comprises recharging groundwater sources and reusing rainfall and surface water for irrigation. Furthermore, the development of smart cities with higher water sustainability fuels the market growth.
Focusing on the surface water and storm sewer systems is expected to&nbsp;intensify with more urban expansion. The government works to involve the public and provide them with the information needed to assist stormwater management plans that address both the present and future needs of their communities. Communities across the globe have created different measures to conserve their natural resources. There are possibilities, such as charging landowners, depending on the amount of impermeable area, or using community funds to create rain gardens that reduce the amount of runoff into the system. Companies working in the sector are introducing technically advanced systems to harvest the large capacity of stormwater.
For instance, in May 2023, REHAU Verwaltungszentrale AG introduced a new stormwater management system, named Stormbloc, in partnership with a water services company, Hydro International. Stormbloc is a low-weight, reasonably priced geocellular attenuation system that is perfect for SuDS (sustainable drainage systems) projects. It was created especially for manicured areas and areas with less traffic, including driveways for homes.
<h2>Rapid Urbanization and Agricultural Advancements to Fuel Market Expansion</h2>
The increased penetration of city life, planned residential units, and ongoing building projects are expected to adopt the latest stormwater management systems. These planned societies build stormwater systems that store, treat, and reuse the runoff water. Furthermore, agricultural advancements consume a major chunk of the global stormwater management market. Suburban and urban agriculture can apply credits for stormwater management. Large, impermeable surfaces characterize urban and suburban regions, which direct excess runoff onto antiquated sewer systems.&nbsp;
Urban stormwater runoff contains pollutants such as oils, fats, metals, salts, nitrogen, phosphorous, etc. These pollutants are managed to prevent water quality degradation while preventing flooding of agricultural land to a level suitable for agricultural use. Furthermore, the stormwater management vendors set up water treatment systems to help a different set of end-users.
For instance, Infiltrator Technologies, Inc. today announced the introduction of three new products to expand Infiltrator&rsquo;s portfolio of state-of-the-art onsite wastewater solutions. The Infiltrator ECOPOD -NX is the latest model in Infiltrator's ECOPOD series of advanced wastewater treatment solutions for residential applications. The new ECOPOD recirculates wastewater for an 80% overall nitrogen reduction, meeting the requirements of contractors in markets where treatment regulations are more stringent.
<h2>Environmental Planning and Economic Management to Shape the Market Dynamics</h2>
The rising awareness around water conversation led to people building residential stormwater management systems. Furthermore, the industrial and commercial spaces built these systems to utilize the water later. Different regions are going through a water crisis; hence, authorities are focusing on re-using water for washing and other applications, excluding drinking. Other than the environment, these systems reduce the costs associated with damage to infrastructure by stormwater and promote economic development through support for sustainable actions. Stormwater management could result in stormwater markets, encouraging investments in stormwater management practices, thus creating economic opportunities.
Sustainable city planning comprises effective economic control. By effectively managing stormwater, communities can mitigate the negative economic impacts of infrastructure damage, reduce the need for costly repairs, and enhance overall economic resilience. Flood-prone regions use stormwater management systems as an effective measure to reduce the damage done by floods.
For instance, in April 2024, Lambton Shores launched a stormwater management master plan. It retained EXP Services Inc. to develop long-term recommendations to address existing gaps in stormwater infrastructure. The master plan came about a year after the Municipal Class Environmental Assessment (Class EA) began in March 2023.
Government Promoting Sustainability to Propel Market Expansion
Governments around the world take part in promoting environmentally friendly practices. It includes protection of wetlands and aquatic ecosystems, enhanced quality of receiving waterbodies, and conservation of water resources. Furthermore, the government utilizes stormwater management to control flood damage and protect public health. Stormwater management is significant in reducing the bad effects caused by the presence of water from rain and ensures that these essential ecosystems are saved to protect wetlands. Proper management practices such as green roofs, more green areas in the cities, and regular control of the water storage ponds stop wetland degradation due to city expansion and contamination.
For instance, in April 2024, New York City&rsquo;s Department of Environmental Protection and Arcadis, the world&rsquo;s leading design and consultancy firm, announced the finalization of a new underground stormwater storage facility that will store 1.26M gallons of stormwater per year along College Point Boulevard, helping to reduce the city&rsquo;s flood risk.
<h2>North America Leads in Global Stormwater Management Market Share</h2>
Based on region, North America holds a decent market share due to its leading infrastructure and major government investments. The major growth factor is that there have been more natural disasters than ever before in this area, making it necessary to put up better ways of managing stormwater as well as mitigating when they occur. Furthermore, recent trends show significant improvements in investment inflows with increased technological uptake specifically targeted at the water management sector in North America. The United States and Canadian governments are constantly focusing on advanced distribution and water conservation projects.
For instance, in November 2023, Advanced Drainage Systems, Inc., a pioneer in the stormwater and onsite septic wastewater sectors for creative water management solutions, announced plans to construct a brand-new, cutting-edge pipe manufacturing facility in Lake Wales, Florida. Establishing a 100-acre plot of land in 2024, the plant will augment the company's current production footprint in Florida. The facility's layout considers the needs of the company's future workforce, ensuring optimal safety, material, and traffic flow, and integration of the most cutting-edge automated technology available for corrugated thermoplastic pipe production.
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Future Market Scenario (2024 &ndash; 2031F)
<ul>
<li>Rising water crises, higher urbanization, and increasing public awareness are expected to propel the adoption of stormwater management systems.</li>
<li>The government allowing new water management companies to invest and develop advanced systems, anticipated to add more value to the market.</li>
<li>Technological advancements, new water tanks, pits, and pipes are projected to expand the global stormwater management market size.</li>
<li>Increased flood, inland, and coastal water damage are expected to fuel the adoption of stormwater management systems.</li>
</ul>
Report Scope
&ldquo;Stormwater Management Market Assessment, Opportunities and Forecast, 2017-2031F&rdquo;,&nbsp;is a comprehensive report by Markets and Data, that provides an in-depth analysis and qualitative and quantitative assessment of the current state of the global stormwater management market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
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Report Attribute
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Details
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Base Year of the Analysis
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2023
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Historical Period
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2017-2022
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Forecast Period
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2024-2031
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Projected Growth Rate
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CAGR of 8.87% between 2024 and 2031
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Revenue Forecast in 2031
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USD 35.29 billion
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Segments Covered
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System, Type, Application
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Regions Covered
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North America, Europe, South America, Asia-Pacific, Middle East and Africa
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Key Companies Profile
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Advanced Drainage Systems Inc., SPEL Stormwater, Resource Environmental Solutions, LLC, Hydro International, Veolia Water Technologies and Solutions, StromTrap LLC, Xylem Inc., StormwateRx LLC, AquaShield Inc., Contech Engineered Solutions.
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.Customization Scope
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15% free report customization with purchase
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Pricing and Purchase Options
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Avail the customized purchase options to fulfill your precise research needs
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Delivery Format
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PDF and Excel through email (subject to the license purchased)
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In the report,&nbsp;global stormwater management market&nbsp;has been segmented into the following categories:&nbsp;
<ul>
<li>By System
<ul>
<li>Screening Systems</li>
<li>Separation Systems</li>
<li>Filtration</li>
<li>Infiltration</li>
<li>Retention Systems</li>
<li>Other Systems</li>
</ul>
</li>
<li>By Type
<ul>
<li>Detention Ponds</li>
<li>Retention Ponds</li>
<li>On-site Detention</li>
<li>Rainwater Harvesting</li>
<li>Others</li>
</ul>
</li>
<li>By Application
<ul>
<li>Municipal</li>
<li>Commercial</li>
<li>Residential</li>
<li>Others</li>
</ul>
</li>
<li>By Region
<ul>
<li>North America</li>
<li>Europe</li>
<li>Asia-Pacific</li>
<li>South America</li>
<li>Middle East and Africa</li>
</ul>
</li>
</ul>
Key Players Landscape and Outlook
The global stormwater management market companies are building new solutions along with government support. Hence, service providers dig deep into innovation through multiple research and development projects. The application of advanced tools and technologies is a part of market strategy. Furthermore, companies collaborate, acquire, and partner to expand their supply chain, distribution channel, and overall market hold.
For instance, in March 2024, Xylem Inc. supported an urban redevelopment project that links Rome and Vatican City. With the use of Xylem's cutting-edge technology, two significant sewer collectors were redirected by rerouting wastewater through a specially designed hydraulic bypass. This made it possible for stormwater and sewage to continue to accumulate while the road system was moved underground.
In July 2023, Oldcastle infrastructure, A CRH Company announced the acquisition of Hydro International (Hydro) through funds received by Agilitas Private Equity LLP. In North America and Europe, Hydro is a top supplier of data solutions, wastewater treatment products, stormwater products, and wastewater services.
Key Players Operating in Global Stormwater Management Market are:
<ul>
<li>Advanced Drainage Systems Inc.</li>
<li>SPEL Stormwater</li>
<li>Resource Environmental Solutions, LLC</li>
<li>Hydro International</li>
<li>Veolia Water Technologies and Solutions</li>
<li>StromTrap LLC</li>
<li>Xylem Inc.</li>
<li>StormwateRx LLC</li>
<li>AquaShield Inc.</li>
<li>Contech Engineered Solutions</li>
</ul>
Markets and Data&rsquo;s reports answer the following questions:
<ul>
<li>What is the current and future market size of the product/service in question globally or specific to different countries?</li>
<li>How are the markets divided into different product/service segments and the market size and growth of each segment?</li>
<li>What is the market potential of different product segments and their investment case?</li>
<li>How are the markets predicted to develop in the future and what factors will drive or inhibit growth?</li>
<li>What is the business environment and regulatory landscape specific to the product/service?</li>
</ul>
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Global Stormwater Management Market Assessment, Opportunities and Forecast, 2017-2031F

Rising water crisis, higher focus on sustainability, and increased urbanization are expected to fuel the global stormwater management market growth during the forecast period.

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