Increase in number of natural disasters, aging water collection systems and growing adoption of advanced water management systems to drive the Middle East & Africa stormwater management market through 2023
According to TechSci Research report, “Middle East & Africa Stormwater Management Market By Tool, By Application, By Country, Competition Forecast & Opportunities, 2013 – 2023’’, stormwater management market in the Middle East & Africa is forecast to reach $ 730 million by 2023, backed by growing urbanization, declining freshwater resources and increasing number of intense floods and storms across the region. Some of the other key factors expected to fuel the market growth are increasing government regulations aimed at efficiently managing wastewater and stormwater and growing industrial sector resulting in increased contamination level in freshwater sources. Moreover, rising focus of governments towards increasing the groundwater level and minimizing land losses due to heavy rainfall and flood is anticipated to have a positive impact on the region’s stormwater management market during the forecast period.
Browse 2 market data Tables and 16 Figures spread through 49 Pages and an in-depth TOC on "Middle East & Africa Stormwater Management Market"
With growing population in the region, water consumption is also increasing, which in turn is shifting the focus of private as well as public water management companies towards the management of surface run off. On the basis of tools, the Middle East & Africa stormwater management market has been segmented into grassed swales, rain gardens, pervious pavement, green roofs and others. Of these tools, pervious pavement is the widely used tool in stormwater management in the region, owing to its low cost of installation, durability and extensive use for controlling soil erosion control. Saudi Arabia leads the Middle East & Africa stormwater management market, owing to the availability of advanced technological tools for stormwater management and stringent government regulations pertaining to the use of stormwater.
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“Municipalities across the region are carrying out large number of infrastructure projects pertaining to collection of run-off water to avoid environmental and water pollution. Also, they are building grassed swales, bio retention ponds, and pervious pavement for restoring stormwater to avoid water pollution. Thus, this segment is anticipated to account for the largest share in the Middle East & Africa stormwater management market during the forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Middle East & Africa Stormwater Management Market By Tool, By Application, By Country, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of stormwater management market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in the Middle East & Africa stormwater management market.
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