Market Research Report
Project Insight - Global Water and Sewage Construction Projects
|Published by||GlobalData||Product code||721747|
|Published||Content info||68 Pages
Delivery time: 1-2 business days
|Project Insight - Global Water and Sewage Construction Projects|
|Published: July 26, 2018||Content info: 68 Pages||
Global Water and Sewage generation projects pipelineis worth US$368.1 billion. Of this, US$206.6 billion is in the execution stage and US$79.6 billion at the planning stage.Globally, water demand is predicted to increase significantly over the coming decades. In addition to the water demand of the agricultural sector - which is currently responsible for 70% of water abstractions worldwide - large increases in water demand are predicted, particularly for industry and energy production.
Among the major challenges facing policymakers focused on global development issues is water shortages and raising the investment required to overcome water scarcity. In a recent UN report it was revealed that more than 5 billion people could suffer water shortages by 2050, due to climate change, increased demand and polluted supplies.
According to the United Nations (UN), on average, high-income countries treat about 70% of the wastewater they generate, however this drops to 38% in upper middle-income countries and 28% in lower middle-income countries. In low-income countries, only 8% of industrial and municipal wastewater undergoes treatment of any kind.
Asia-Pacific accounts for the highest value with US$152.4 billion, followed by the Americas with projects valuing US$103.4 billion. The Middle East and Africa follow with projects with a value of US$88.6 billion and Europe has projects valued at US$23.6 billion.