NEW YORK, Nov. 28, 2016 /PRNewswire/ -- "Pervious pavement market projected to grow at a CAGR of 5.7% between 2016 and 2026" The pervious pavement market size is projected to grow at a CAGR of 5.7% during the forecast period of 2016 - 2026 and reach USD 22.17 billion by 2026. The pervious pavement market are gaining momentum in the modern construction industry due factors such as growing concern about storm water management, depletion of ground water level, and reduced environmental impact as the materials in pervious pavements can be recycled, thus preserving natural resources. Other benefits associated with pervious concrete, such as enhanced safety, better nighttime visibility, lower tower noise, and enhanced safety are also driving the growth of this market. Lack of awareness about the technology and low demand from saturated markets are restraining the growth of this market. "In application segment, hardscape held a considerably larger market share in the pervious pavement market" The hardscape application segment is estimated to dominate the pervious pavement market and is projected to be the fastest-growing segment during the forecast period. The CAGR for this segment is projected to grow at a higher rate over the next ten years, as hardscapes are highly exposed to rain and snow falls and the use of pervious pavements to build these structures offers superior utility with regard to reduced runoff and stormwater management. " North-America region is expected to witness a steady growth during the forecast period" In 2015, Europe accounted for a larger market share of the total pervious pavement market, in terms of value, followed by North America and Asia-Pacific. The European market is projected to grow at a comparatively lower rate than the other region as a result of weak construction demand in the region due to sub-performing economic condition. North America is projected to register the highest growth from 2016 to 2021, wherein the U.S. is projected to be fastest-growing country-level market in the region for pervious pavement market. The Asia-Pacific region is projected to grow at the second-highest CAGR between 2016 and 2021, with Australia registering the highest growth rate in the region. Emerging economies such as China, India, Russia, Brazil, and countries in the Middle East are projected to grow at moderate CAGRs between 2016 and 2021.