U.S. water and wastewater treatment market projected to reach $238 billion by 2034
The U.S. water and wastewater treatment market is forecast to grow from approximately US $130.3 billion in 2025 to about US $238.4 billion by 2034, representing a compound annual growth rate (CAGR) of roughly 6.94%, according to a Towards Chem&Materials report. The report states that municipal utilities account for nearly 52% of the market in 2024, with industrial treatment services close behind at 38% — and poised for the fastest growth.
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