Climate Events and Construction Spend Drive U.S. Stormwater Market to US$54.5 Billion in 2030 Stormwater management is becoming a critical concern for municipalities, transportation departments, and property owners across the U.S. The increasing frequency and severity of climate events, responsible for US$156.8 billion in damages since 2000, are driving significant investment in stormwater infrastructure. 📊 According to our latest report, “U.S. Stormwater Infrastructure Market: Key Drivers, Competitive Shifts & Investment Outlook, 2024–2030,” CAPEX for stormwater management is projected to grow from US$34.6 billion to US$54.5 billion between 2023 and 2030. This represents a 6.7% compound annual growth rate. What is driving this market? Federal infrastructure investment, increasing climate events, and the construction boom. 🔗 Read the full press release: https://hubs.ly/Q02DDlzy0 Did you know there is a funding disparity? Stormwater currently receives approximately 7.5% of total water sector funding. 💡 For more key insights, explore our Insight Report + Data: https://lnkd.in/dE5E7v7X #StormwaterManagement #ClimateChange #InfrastructureInvestment #WaterSector #BluefieldResearch #BluefieldRunsOnData
Companies profiled in this Stormwater Report: Advanced Drainage Systems, Inc., AquaShield, Inc., Baughman Tile Co., Columbia Precast Products, Diamond Plastics Corporation, Eagle Corporation, Franklin Electric, GRUNDFOS, Highland Tank, Hobas Pipe USA, Inc., IPEX, Jensen Precast, JM Eagle, KSB Company, Lane Enterprises, LLC, Nationwide Tanks, NDS, Northwest Pipe Company, Oldcastle Infrastructure, Orenco Systems, Inc., Premier Tech, Prinsco, Inc., Quikrete, Shawcor, SIP Industries / Serampore, Southeast Culvert Inc, StormTrap, The Concrete Company, Westlake Pipe & Fittings, Xylem, 2NDNATURE, AECOM, Alberici Constructors, Aliaxis, Ameron, Arcadis, Autodesk, Bentley Systems, Black & Veatch, Brown and Caldwell, Burns & McDonnell, CalPortland, Calvert Impact , Carollo Engineers, CLEAR CREEK SOLUTIONS INC, Coastal Precast Systems LLC, Contech Engineered Solutions, CULTEC, DUBRIC INDUSTRIES, INC., Duraslot, Encon, Esri, FloodMapp, Fluidit, Forterra, Franklin Electric, Garney Construction, Geneva Pipe and Precast, A Northwest Pipe Company, Goldman Sachs, Google Research, Hancock Concrete Products LLC, Harco Fittings LLC (HARCO), Hydro International, HydroLogic, In-Situ Environmental
Companies profiled (continued): Infiltrator Water Technologies (Decentralized Wastewater Treatment Solutions), Invisible Structures, Inc.,Jacobs, FILANC, Kiewit, McCarthy Construction, Metasphere , MKB Innovation Evenement 2018, Mott MacDonald, National Pipe & Plastics, Inc., National Stormwater Trust, Inc., Nationwide Tanks, NDS, OptiRTC, Aliaxis, OTT HydroMet, Pacific Corrugated Pipe, ParkUSA, PLC Construction, Inc., Plastic Tubing Industries Inc., Previsico, Quantified Ventures, Risk Factor, Silver-Line Plastics, SmartCover, Solinst Canada, Stantec, Sundt Construction, Suntree Technologies LLP, Tetra Tech, Torrent Resources, True Flood Risk, TRUEGRID Permeable Pavers, Woodard & Curran, YSI, a Xylem brand