Water Stress Challenges are Resulting in the Investment of Sustainable Water Solutions

December 22, 2017

Sustainability and cost efficiency top the list of factors influencing the growth of the global water and wastewater market. Both municipal and industrial end users of the water and wastewater segments are investing in sustainable solutions due to global challenges of water stress, as well as changes in implementation and enforcement of regulatory policies throughout various regions.

Frost & Sullivan’s new analysis, 2017 Global Outlook of the Water Industry, provides key predictions for the municipal water and wastewater segment, including increased sustainability initiatives, customer engagement and smart water management. The global water market for the year 2017 is estimated to have $652.38 billion in revenue, with the municipal segment exhibiting a 3.8 percent growth rate from 2016 and the industrial segment coming in slightly higher with a 5.7 percent growth rate.

Drivers for the water and wastewater market in the industrial segment include the growing demand for sustainable solutions, water reuse and zero liquid discharge (ZLD). The municipal segment in the developed economies are highly focused on refurbishing their existing infrastructure while developing economies are aiming to achieve the sustainable development goals (SDG) of clean and sustainable water supply and sanitation through change in policies, various funding schemes and business models such as BOOT.

To access more information on this analysis, please visit:https://goo.gl/iPzrKY