ID: MRFR/CnM/9090-CR | May 2021 | Region: Global | 145 pages
The global erosion and sediment control market is projected to witness mode rate growth at a CAGR of around 6% to reach USD 4,301.08 million by the end of 2027.
Erosion and sediment control are techniques and practices used to protect water resources from sediment pollution and increases in runoff associated with active land development and redevelopment activities. It is a process used to prevent the release of sediment from construction sites. The techniques may include installed structural measures, like sediment control ponds and erosion control blankets, or improved design practices, like phased land stripping and riparian zone preservation.
The prominent factor driving the growth of the global erosion and sediment control market is the increasing demand for erosion and sediment control products and services for water-management systems. Furthermore, changing environmental conditions are increasing global demand. Government and municipalities have increased the consumption of erosion and sediment control products to facilitate safe drinking water locally. However, stringent government regulations on erosion and sediment control products and services are likely to hamper the growth of the market. Furthermore, increased government sanctions towards water management are likely to create a lucrative opportunity for market growth.
Government bodies have imposed several policies and laws to protect the environment and water bodies worldwide. The Environmental Protection Agency (EPA) has imposed Effluent Limitations Guidelines and Standards for the Construction and Development Point Source Category. This rule establishes a numeric limitation on the allowable level of turbidity in discharges (primarily made up of sediment discharges) from certain construction sites. Texas Commission on Environmental Quality (TCEQ) follows the TPDES (Texas Pollutant Discharge Elimination System) permit TXR150000 "Construction General Permit"for the majority of construction projects. The primary goal of this permit is to ensure pollutants do not leave the site, and final stabilization is achieved prior to the termination of permit coverage. Similarly, government bodies worldwide have imposed various discharge regulations on construction sites and industrial discharges in water bodies.Increased government initiatives and farmers' investments to protect its crops from runoffs and continuous development in erosion and sediment control products have increased the consumption of erosion and sediment control products globally. Moreover, the changing environmental condition necessitated the use of highly controlled products and services. Local government bodies, farmers, and construction vendors have increased their usage of control products and services to protect them from the adverse effects of erosion and sediments.
However, stringent regulations on erosion and control products is likely to hamper the market growth during the review period.Nevertheless, the projected rise in government investments in water management activities is expected to create lucrative opportunities for the manufacturers of erosion and sediment control in the near future.
Impact of COVID 19 Outbreak on Global Erosion and Sediment Control Market
The outbreak of COVID-19 has had a negative impact on the production of erosion and sediment control products due to the disruption in the supply chain across the globe.Manufacturers have witnessed a decline in revenue during the first of 2020 with that of 2019. The decline in revenue is mainly attributed to the minimum workforce, disruption in raw material procurement, and trade restrictions worldwide. The supply scenario is facing a few issues due to the restrictions on travel and the lockdown of cities; however, the sourcing teams are working closely with the suppliers to manage the supply of raw materials proactively.
Majority of raw material suppliers in this market had to shut down their operating facilities due to the outbreak of COVID-19. In response to combat the virus, the key suppliers shifted their focus towards offering relief in the pandemic. Procurement of raw materials has become difficult due to the trade restrictions and shutdown of various production facilities globally. Furthermore, it has also impacted the price margins of suppliers to sustain in difficult times.Manufacturers in this market have decreased their production capacities owing to the decline in demand from the end-use industries, reduced prices, and disruptions in the supply of raw materials. The outbreak has severely impacted the demand from end-use industries, which has resulted in a decline in the production of erosion and sediment control products. Moreover, players are focused on COVID relief and are taking action for the same.Key end consumers of erosion and sediment control include farmers, government and municipalities, and construction sites. With the shutdown of various plants and factories globally, the demand from non-essential production companies has declined sharply. However, demand from municipalities for water management has witnessed a spike owing to increased emphasis on hygiene and sanitation globally. Thus, the overall impact of COVID-19 on erosion and sediment control products and services is balanced by increased demand from governments and local municipalities.
However, the pandemic is likely to have a severe short-time impact across the markets. The long-term impact, on the other hand, is expected to be moderate, and the operations across this market would bounce back to normal around the second quarter of 2021.
Global Erosion and Sediment Control Market Revenue, by End Use, 2018–2027(USD Million)
Sources: MRFR Analysis
The global erosion and sediment control market has been segmented by product type, end use, and region.
Based on products, the global erosion and sediment control market has been segmented into mats, turfs, and blankets; filter socks, logs, and wattles; filtration systems; woven sediment fences & silt fences; sediment basin; and others. Furthermore, filter socks, logs, and wattles segment is further bifurcated into compost filter sock, coir logs, straw wattles, and others. In terms of value, the mats, turfs, and blankets segment dominated the global market with a 43% share in 2019 and is expected to register a CAGR of over 5.6% during the review period. The growth in this market is attributed to the growing demand from construction sites and the agriculture sector.
Based on end use, the global market has been divided into highway & road construction, energy and mining, government & municipality, landfill construction & maintenance, infrastructure development, industrial manufacturing, and others. The highway & road construction segment accounted for the largest share of 34% in 2019, owing to stringent government regulations on discharge. Furthermore, it has also witnessed the fastest growth, with a CAGR of around 7% throughout the forecast period.
Global Erosion and Sediment ControlMarket Share, by Region, 2019 (%)
Sources: MRFR Analysis
By region, the global erosion and sediment control market has been bifurcated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific market dominated the global erosion and sediment control market with a share of 40.5% by value in 2019 and is expected to register the fastest growth at a CAGR of around 7% during the forecast period. The market growth in Asia-Pacific is driven by various factors, including increasing government sanctions in water management and rising infrastructure spending. The North American erosion and sediment control market accounted for the second-largest share in 2019 and is expected to register a CAGR of over 5% during the review period.
The key players in the global erosion and sediment controlmarket areTriton Environmental (US), SMI Companies (US), ACF Environmental (US), Silt Management Supplies (US), Construction Ecoservices (US), GEI Works (US), L & M Supply (US), Aussie Erosion Pty Ltd (Australia), Jen-Hill Construction Materials (US), and Geosolutions, Inc (US).
Global Erosion and Sediment ControlMarket, by Product Type
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|Market Size||2027: USD 4,301.08 Million|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Product type, End use, and Region|
|Geographies Covered||North America, South America, Europe, Asia-Pacific, Middle-East, and Africa.|
|Key Vendors||Triton Environmental (US), SMI Companies (US), ACF Environmental (US), Silt Management Supplies (US), Construction Ecoservices (US), GEI Works (US), L & M Supply (US), Aussie Erosion Pty Ltd (Australia), Jen-Hill Construction Materials (US), and Geosolutions, Inc (US)|
|Key Market Opportunities||Iincreased government sanctions towards water management are likely to create a lucrative opportunity for market growth|
|Key Market Drivers||The increasing demand for erosion and sediment control products and services for water-management systems|