Industry expected to grow 4.4% in 2011
The U.S. water and wastewater industry grew 3.2% in 2010 and is expected to grow at a faster but still modest rate of 4.4% in 2011 to $136 billion in revenues, according to new research by Environmental Business International Inc., publisher of Environmental Business Journal.
"Population growth, scarcity, and the need to replace or upgrade old infrastructure or develop new infrastructure have combined to make the global water market one of the steadiest segments of the environmental industry," said George Stubbs, EBJ senior editor. Water industry revenues have doubled from 1993 to 2011, averaging 4.1% annual growth over the period.
EBI has tracked the water and wastewater industry since 1988. Its annual analysis incorporates 10 segments, including water treatment equipment, chemicals, consulting and design engineering, O&M, instruments and analytical services. This edition features revenues and growth for all 10 segments from 2009 to 2011, led by consulting and design engineering at 5.7%. EBJ's ranking of top 20 U.S. water C&E firms in 2010 was led by CH2M HILL, AECOM and Tetra Tech.
Environmental Business International Inc.