The forecast for the US production of Water Supply and Waste Management, Environment Remediation Activities indicates a steady increase from $144.67 billion in 2024 to $158.76 billion by 2028. In 2023, this sector stood at approximately $140 billion. The year-on-year growth rates from 2024 to 2028 are 2.51%, 2.39%, 2.30%, and 2.20% respectively, showing a gradual deceleration. The compound annual growth rate (CAGR) over the five-year period is approximately 2.35%, reflecting a consistent but modest upward trend.
Future trends to watch for:
- Technological advancements in water treatment and waste management.
- Regulatory changes impacting environmental remediation efforts.
- Increased focus on sustainable practices and renewable technologies.
- Shifts in public and private sector investments in green infrastructure.
