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

  • The Market value of Wastewater Management market in United States of America reached USD 264,443.56 Millions in 2020

  • The indicator recorded a historical growth (CAGR) of ...

  • GlobalData projects the indicator to grow ...

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Market value of Wastewater Management market 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.  

Wastewater is simply used water that has been contaminated by home, industrial, and commercial activities. The process of treating wastewater to remove contaminants so that it can be returned into the ecosystem is known as Wastewater Treatment. This treated water, also called effluent, after entering the ecosystem minimizes the impact on the environment. The wastewater after treatment has various usages – the source of energy, source of agriculture water, source of nutrients for agriculture, and soil conditioner. A sustainable way to manage wastewater starting from the source to re-entry to the ecosystem is called Wastewater Management.  

The Wastewater Management market was led by these top five countries – the United States of America, Japan, China, Germany, and Canada.  

The United States of America Wastewater Management market was valued at $273.0 billion in 2021, a year-on-year growth of 3.4%. Historically, the market recorded a compounded annual growth rate (CAGR) of 3.8% 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.

 

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