Water And Sewer Line And Related Structures Construction Market Growth Trajectory – Insights On Key Drivers, Major Trends, And Top Opportunities
10 Jul, 2023
The global water and sewer line and related structures construction market size is expected to grow from $200.40 billion in 2022 to $207.67 billion in 2023 at a compound annual growth rate (CAGR) of 3.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global water and sewer line and related structures construction market size is expected to reach $227.52 billion in 2027 at a CAGR of 2.3%.
Global Water And Sewer Line And Related Structures Construction Market Key Driver
The growing infrastructure and building activities are likely to drive the future growth of the water and sewer line and related structures construction market. Infrastructure and construction activities include clearing land, grading, digging, and filling as part of the erection, deconstruction, assembly, alteration, installation, or equipping of buildings, structures, roadways, or their appurtenances. Water and sewer pipes must be installed when building a residential or commercial location; thus, increased infrastructure and construction activities are likely to enhance the water and sewer line and related buildings construction market.
Get a sample of the global water and sewer line and related structures construction market reportGlobal Water And Sewer Line And Related Structures Construction Market Segments
The global water and sewer line and related structures construction market 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
5) By Geography: 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, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global water and sewer line and related structures construction market.
Major Water And Sewer Line And Related Structures Construction Industry Players
American Recycled Products, MasTec Inc., Artera Services LLC, Michels Corporation, Qwest Communications International Inc., Paraflex, Charter Oak Utility Constructors Inc., Utility Construction Company Inc., China Energy Engineering Group Hunan Power Construction Co. Ltd., EMCOR Industrial Services Inc., HOCHTIEF Engineering, Eiffage SA, Skanska AB, Quanta Pipeline Services Inc., United Utilities
Get the full global water and sewer line and related structures construction market report
Water And Sewer Line And Related Structures Construction Market Overview
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.
Water And Sewer Line And Related Structures Construction Global Market Report 2023 provides data on the global water and sewer line and related structures construction market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The water and sewer line and related structures construction market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.