Drinking Water - Business News

- 16 November 2006 -

US$2.1 billion US market for drinking water in 2011

According to BCC's updated technical market research report, Advanced Technologies for Municipal Water Treatment (MST036B) the US market for the advanced drinking water technologies is estimated at about US$1.3 billion in 2006 and growing at a combined average annual growth rate (AAGR) of 10.7% to 2011 to more than US$2.1 billion. These technologies include membrane filtration, ozone disinfection, UV irradiation and novel oxidation processes.

Combined, the five membrane treatments for municipal drinking water are valued at US$1 billion in 2006, with a predicted combined growth rate of 10.3%. UV disinfection, a market valued at US$29.2 million, should experience considerable growth in the forecast period. A 38.6% AAGR is predicted to 2011, when the market will reach more than US$149 million.

According to the US Environmental Protection Agency (EPA), all 50 states and Puerto Rico invested nearly US$9.5 billion in drinking water improvements from 1996 to 2005. In their 2005 annual report, the US-based Water and Wastewater Equipment Manufacturers Association (WWEMA) reported market growth in the industry of at least 5%, with 78% of WWEMA manufacturers seeing and projecting 10%+ growth.

www.bccresearch.com

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