Overview and Scope
Water lines refer to the pipes that carry clean water from public or private water sources into and throughout a building, and sewer lines refer to pipes designed to transport waste of any kind from a location where it is not wanted to one where it may be treated or disposed of. Water is transported using water lines at the home and to other locations where it is required and helpful, and sewer lines are used to transport solid waste or gray water waste to a septic system or a municipal sewage treatment facility. It involves the design and construction of water and sewer lines.
Sizing and Forecast
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..
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Segmentation & Regional Insights
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
Asia-Pacific was the largest region in the water and sewer line and related structures construction market in 2023. North America was the second-largest region in the water and sewer line and related structures construction market in 2023. The regions covered in the water and sewer line and related structures construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the water and sewer line and related structures construction market are adopting a strategic partnership approach, aiming for a ConShield line of goods. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in October 2023, APM, a US-based manufacturing company of infrastructure equipment, announced a partnership with SiShield Technology Inc., a US-based chemical manufacturer. SiShield’s safe, efficient, and long-lasting antimicrobial formulations work in tandem with ConShield products to build an invisible protective shield that prevents the development of bacteria and other harmful germs. ConShield, in collaboration with SiShield, provides strengthened protection against the bacterial activities that create toxic sulfuric acid in sewage systems. This partnership guarantees that the microbial activities, which are sometimes misconstrued as a ‘gas problem’, are treated at their source, focusing on the harmful acid generation that occurs when hydrogen sulfide gas reacts with Thiobacillus bacteria. Furthermore, SiShield Technologies is dedicated to ecological chemistry, and its water-based solutions are non-toxic, non-leaching, and non-harmful to the environment or humans.
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
….
31. Global Water And Sewer Line And Related Structures Construction Market Competitive Benchmarking
32. Global Water And Sewer Line And Related Structures Construction Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Water And Sewer Line And Related Structures Construction Market
34. Water And Sewer Line And Related Structures Construction Market Future Outlook and Potential Analysis
35. Appendix
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