Over the past five years, increased household and commercial spending on industry services thanks to a growing population and strong economic performance, alongside greater funding for treatment facilities to comply with new regulations have boosted industry revenue. Moving forward, industry growth will continue to be supported by government investment. The new Wastewater Systems Effluent Regulations, which were enacted in 2012 and first implemented in 2015, require that all urban facilities meet at least a secondary standard of treatment by 2040, with the most at-risk facilities to be upgraded by 2020. These regulations will require investment of billions of dollars into industry infrastructure, and the 2016 federal budget plan allocated $5.0 billion toward projects relevant to the industry through 2021.
This industry operates sewage systems or wastewater treatment facilities that collect, treat and dispose of waste. Waste includes wastewater from homes, businesses and industrial clients as well as stormwater runoff. The industry includes both public- and private-sector operators.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.