Top five global growth water and wastewater markets announced

The top five global growth markets for water and wastewater technologies and products are China, India, Mexico, Egypt and Australia, according to technical market research report, The Market for Nonwoven Filter Materials " AVM043B from BCC Research.

The expenditures for municipal water and wastewater applications were $8066 million in 2005, $9575 million in 2006, and $11,290 million in 2007. They are expected to grow at a compound annual growth rate (CAGR) of 22.2% and reach $39,709 million by 2012.

The municipal sector is a priority in almost every market. Because municipal water supply and quality directly affect so many people, it is typically funded first in both developed and developing countries.

The infrastructure applications market for freshwater supplies, drinking water and wastewater collection and treatment amounted to $6611 million in 2005, $7862 million in 2006 and will exceed $9287 million in 2007. This is expected to grow at a CAGR of 22.6% to reach $32,041 million by 2012.

Major new infrastructure systems are in demand especially in developing countries. However, many infrastructure systems in developed countries are ageing and developing leakage problems which will soon require extensive retrofitting and remediation.

The market for industrial water and wastewater equipment was $3256 million in 2005, $3926 million in 2006 and will exceed $4696 million in 2007. On its current trajectory it will grow at a CAGR of 14.2% to reach $10,111 million by 2012.

Although this sector is typically smaller and implemented after municipal and infrastructure projects, the growing awareness of how industrial wastewater affects the water supply is stimulating government standards and regulations.