Global RAINWATER HARVESTING 2018 Market CAGR 6.56 % end 2021
Press
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Report
Description-
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The
report, titled “ Rainwater Harvesting Market in India 2017-2021,”
contains comprehensive assessment of all factors that may influence
the demand for this new method of harvesting in vastly populated
country of India, segments the market on the basis of end-users and
application, and profiles a number of leading companies currently
operating in this market in order to represent the competitive
landscape. The report provides market overview, size and forecast, as
well as the Porter’s five forces analysis.
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As
per the findings of the 67-page report, rainwater harvesting, which
is a management technique of accumulating and storing rainwater in
infiltration ponds, dams, and trenches. Rainwater harvesting not only
offers financial benefits, it also provides resource savings, and
hence the demand in the India rainwater harvesting market is
projected to increment at a CAGR of 6.56% during the forecast period
of 2017 to 2021. Rise in residential construction activities in the
emerging economy of India is one of the key driver of rainwater
harvesting market in the country, while growing demand for industrial
water and wastewater treatment plants is challenging the market from
attaining its true potential. Some of the key trends highlighted by
the report that will provide traction to the rainwater harvesting
market in India are: growing usefulness of rainwater harvesting for
ground water recharge, rising demand for rainwater harvesting system
in Indian railways, and rising patents filing.
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