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Amidst Tightening Water Budgets, Growth to be Moulded by Sustainability Imperatives
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This research service provides a detailed account of the global water and wastewater sector’s transformation in 2016. The global market comprises solutions, services, and utilities spanning both municipal and industrial users. An estimated $625 billion is expected to be spent in the treatment, transfer, and disposal of water and wastewater this year. Sustainability measures will be the core driver of market growth, which is pegged at 4%. Smart solution investments will increase. Furthermore, while an economic downturn in certain regions may deter new investments in the water sector, utilitarian aspects are expected to maintain water service levels. Predictions are provided for the 2016 global municipal and industrial water markets.
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