Rainwater Harvesting Market to Rear Excessive Growth During 2025
The global rainwater harvesting market is valued at US$ 702.15 Mn in 2016 and is projected to reach US$ 1,140.85 Mn by 2025 at a CAGR of 5.7% from 2017 to 2025, with above ground harvesting method and commercial end user as highly lucrative segments according to a new Report published by Transparency Market Research (TMR) (www.transparencymarketresearch.com) titled “Rainwater Harvesting Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025” The dramatic growth of population has increased the demand for water and the pressure on water resources has intensified. Climate change and depleting ground water resources have also laid great stress on the accessibility of water resources.All these factors are likely to boost the demand for rainwater harvesting throughout the globe. The rainwater harvesting market in Asia Pacific held a major market share in 2016, and the trend is likely to continue during the forecast period. Read Report Overvie...