Rainwater Harvesting Market Poised to Grow at a CAGR of 5.5 % by 2024

Rainwater Harvesting Market Poised to Grow at a CAGR of 5.5 % by 2024


Infinium Global Research has added a new report on Rainwater harvesting Market. The report presents analysis of global as well as regional markets of Rainwater harvesting market over the period of 2016 to 2024. Rainwater harvesting is the technique of building and storage of Rainwater to reuse it for landscape irrigation, domestic use, and many other usages. In this system, the Rainwater is collected from the rooftops and/or other manmade aboveground hard surfaces including well, shaft, or borehole and it will store into natural reservoirs or tanks. The Rainwater harvesting helps to improve the water supply and food production by providing a high-quality water for both drinking and farming appliactions.    The rapidly increasing demand for usable and clean water across all over the globe drives the growth of Rainwater harvesting market. As the world population is increasing the demand for freshwater is also growing. The harvested water is mainly used for the irrigation and the drinking purpose. The water stored during the Rainwater harvesting is a best suitable alternative to a distributed water source.  In addition, robust applications of harvest water across various sectors including agriculture, industrial, residential and domestics are likely to anticipate the growth of the Rainwater harvesting market. However, growing wastewater treatment plants are hampering the market growth of Rainwater harvesting.

 

The trending application of Rainwater harvesting for the groundwater restoration is expected to contribute to the growth of Rainwater harvesting market. Moreover, the Rainwater harvesting system offers various benefits such as efficient use of natural resource and reduced flooding, reduces the need for imported water, stimulates energy and water conservation and many others. Harvest water is an excellent source of water for landscape irrigation, with no chemicals such as fluoride and chlorine, and no dissolved salts and minerals from the soil that is projected to create several opportunities for the Rainwater harvesting in the agriculture sector.

 

Geographically, Asia Pacific holds maximum market share in the Rainwater harvesting in 2017 and expected to be the dominating region over the forecast period.  The growing adoption of Rainwater harvesting system in the hotels, malls, hospitals and others end-use applications are driving the growth of Rainwater harvesting market in Asia Pacific. Furthermore, rapidly rising awareness about water conservation and the importance of Rainwater harvesting in the Asia Pacific region are likely to escate the growth of Rainwater harvesting market in upcoming years.Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global Rainwater harvesting market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global Rainwater harvesting market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1598

 

The recent report identified that  dominated the global Rainwater harvesting market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the Rainwater harvesting market worldwide.

 

The report segments the global Rainwater harvesting market on the basis of Method and Applications.

 

Global Rainwater harvesting Market by Method

·         Above Ground

·         Underground

 

Global Rainwater harvesting Market by Applications

·         Residential

·         Industrial

·         Commercial

·         Agriculture

 

Companies Profiled in the Report

·         Kinspan Group

·         Graf Group

 

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