Water and waste-water network market to double

摘要

The global water and wastewater network market earned revenues of US$89.86bn (£57.01bn) last year and the figure is set to reach $156.04bn (£99bn) by 2020, new analysis by Frost & Sullivan has revealed. The growth is because of increasing connectivity and rehabilitation needs, caused by ageing water and wastewater networks. The analysis, CEO 360 Degree Perspective on Global Water and Wastewater Network, highlights that less than 60% of the world has pipe water connectivity and about 65% has access to proper sanitation. A cumulative investment of $0.75 trillion (£0.45 trillion) is expected to be made by 2020 to establish and maintain water and wastewater networks, taking access to pipe water and improved sanitation figures up to 70% and 75% respectively.