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Market value of Water Management in United States of America (2017 - 2025, USD Millions)

Industry: Environment & Waste Management
Current: Market Sizing & Shares

The Market value of Water Management in United States of America reached USD 263,120.93 Millions in 2020
The indicator recorded a historical growth (CAGR) of ...
GlobalData projects the indicator to grow ...

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Market value of Water Management in United States of America (2017 - 2025, USD Millions)

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Water is one of the most important environmental, social, and governance (ESG) issues for institutional investors throughout the world. Most countries are exerting tremendous strain on existing water resources. The world's population is rapidly increasing, and projections predict that the world will face a huge gap between expected demand and water supply by 2030. Climate change will compound the problem by disrupting hydrological cycles, making water more erratic, and increasing the severity of floods and droughts. Water Insecurity is a major factor in global conflicts, and water contamination and scarcity represent long-term economic concerns for both developing and developed countries.

Water Management involves a variety of actions such as effective planning, efficient distribution, and optimal utilization of water resources to meet present and future demands. It applies to all water that is collected, treated, and distributed to agricultural, industrial, and residential end-users.

The Water Management market in the US was valued at $271,600 million in 2021, with a market volume of 507,714 million cubic meters. The market recorded a compounded annual growth rate (CAGR) of 3.4% between 2017 and 2021 in terms of value, while the underlying market volume grew at a CAGR of 0.5% between 2017 and 2021. 

 The US water management industry remained resilient during the COVID-19 pandemic as water consumption remained robust. With more people staying at home amid lockdown measures, domestic water consumption has increased, offsetting the slight drop of consumption in industrial and agricultural segments because of reduced economic activity.

The need for water sustainability in modern society has led to increased demand for investment in innovative technologies and improved infrastructure. This is driving up prices, causing the industry’s value to grow more quickly than the volume.

In the future, regulations are expected to be tightened and companies will need to invest in improving their efficiency and sustainability, while prices are expected to continue rising and consumption to grow at a slower pace.