Water & Sewer Line Construction in the US - Market Research Report (2014-2029)

Water and sewer line construction has picked up over the past five years as more water mains, sewer systems and water treatment plants have been constructed, repaired and renovated to carry potable water to and wastewater away from residential and nonresidential buildings. Industry revenue grew at an estimated CAGR of 1.9% to $67.1 billion over the five years to 2024, including a 2.6% decrease in 2024 alone as housing starts fall along with materials prices. Overall growth was notably spurred on by historically low interest rates that incentivized capital investment early in the current period. More recently, rising interest rates and economic uncertainties drove a shift towards revenue earned from repair and maintenance projects as larger construction projects became financially unviable.