Watch Live

Tweet TWEET

Water Infrastructure Equipment Demand May Surpass $100 Billion

Demand for water infrastructure equipment globally may surpass $100 billion by 2016, buoyed by a projected growth rate of 6 percent a year, according to reports from Global Information Inc. Heightened maintenance required of aging water systems in developed countries and the need for water supplies and sanitation in developing regions are driving the demand, the report said.

Materials leading the gains include plastic pipes, research showed, according to a summary of the reports.

To contact the reporter on this story: Randall Hackley in Zurich at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.