The Water And Sewer Line And Related Structures Construction by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Water And Sewer Line And Related Structures Construction, The water and sewer line and related structures construction market size has grown steadily in recent years. It will grow from $209.03 billion in 2023 to $214.38 billion in 2024 at a compound annual growth rate (CAGR) of 2.6%. The growth in the historic period can be attributed to population growth and urbanization, aging infrastructure, government investments, environmental regulations, health and sanitation concerns..
The water and sewer line and related structures construction market size is expected to see steady growth in the next few years. It will grow to $240.2 billion in 2028 at a compound annual growth rate (CAGR) of 2.9%. The growth in the forecast period can be attributed to smart infrastructure, climate change adaptation, water scarcity challenges, public-private partnerships, rural development initiatives.. Major trends in the forecast period include smart technologies integration, water conservation measures, aging infrastructure renewal, public-private partnerships, modular and prefabricated construction.
The increasing infrastructure and construction activities are expected to boost the growth of the water and sewer line and related structures construction market going forward. Infrastructure and construction activities include all work done as part of the erection, demolition, assembly, alteration, installation, or equipping of buildings, structures, roadways, or their appurtenances, which includes clearing land, grading, excavating, and filling. While constructing a home or commercial location, one must install water and sewer pipes, hence, increasing infrastructure and construction activities are expected to boost the water and sewer line and related structures’ construction market. For instance, in November 2023, according to the US Census Bureau, a US-based primary institution in the Federal statistics System in charge of delivering population and economic statistics, construction spending is estimated to reach $1,996.5 billion in September 2023, up 0.4% (1.2%) from the revised August forecast of $1,988.3 billion. The September figure is 8.7% (1.8%) higher than the projected September 2022 figure of $1,836.9 billion. Similarly, in June 2022, according to USAFACTS,a US-basednonpartisan social organization dedicated to making government data accessible and intelligible to all Americans, the federal government spent $36.6 billion on infrastructure and gave provinces $94.5 billion in grants. Therefore, the increasing infrastructure and construction activities are driving the growth of the water and sewer line and related structures construction market.
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The water and sewer line and related structures construction market covered in this report is segmented –
1) By Type: Water And Sewer Line And Related Structures Construction, Oil And Gas Pipeline And Related Structures Construction, Power And Communication Line And Related Structures Construction
2) By Type Of Contractor: Large Contractors, Small Contractors
3) By Application: Industrial, Business, Services, Other Applications
4) By End-User: Private, Public
Technological advancements are a key trend gaining popularity in the water and sewer line and related structures construction market. Major companies operating in the water and sewer line and related structures construction market are focusing on developing new technologies to sustain their position in the market. For instance, in February 2023, Vortex Companies, a US-based company that offers a full range of trenchless sewer and pipeline rehabilitation products, launched the small-diameter IMS MICROcure LED CIPP Curing System (MICROcure), a small-diameter pipe UV curing technology, to its portfolio of UV CIPP solutions. The unique design of MICROcure, which is used to reline sewage mains, laterals, and interior plumbing systems with diameters ranging from 3 inches to 10 inches, sets it apart from other products. It is compatible with both inversion and CIPP techniques. The system has two light sources for the best curing: a 2×400-watt unit that can readily bend 3-inch to 6-inch pipes up to 90 degrees and an 8×100-watt unit that can handle 6-inch to 10-inch pipes.
The water and sewer line and related structures construction market report table of contents includes:
1. Executive Summary
2. Water And Sewer Line And Related Structures Construction Market Characteristics
3. Water And Sewer Line And Related Structures Construction Market Trends And Strategies
4. Water And Sewer Line And Related Structures Construction Market – Macro Economic Scenario
5. Global Water And Sewer Line And Related Structures Construction Market Size and Growth
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26. South America Water And Sewer Line And Related Structures Construction Market
27. Brazil Water And Sewer Line And Related Structures Construction Market
28. Middle East Water And Sewer Line And Related Structures Construction Market
29. Africa Water And Sewer Line And Related Structures Construction Market
30. Water And Sewer Line And Related Structures Construction Market Competitive Landscape And Company Profiles
Top Major Players:
- American Recycled Products LLC
- MasTec Inc
- Artera Services LLC
- Michels Corporation
- CenturyLink Inc
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