Description
Environmental Business Journal, Volume 37 Numbers 9/10: Q4 2024 The Water Industry
Environmental Business Journal®’s detailed analysis of the U.S. Water Industry features tables and graphs quantifying water markets in multiple equipment, services and utility segments. Infrastructure funding and PFAS are major factors impacting the market yet strategies of leading and emerging companies vary according to region and client focus. Detailed executive Q&As provide strategic perspective from over 20 companies in consulting, operations, testing, technology and manufactured solutions.
Table of Contents
The $244-billion U.S. water industry grew more than 6% in 2023, adding $14 billion in revenues across six environmental industry segments. Infrastructure funding has led to double-digit growth in consulting & engineering and equipment, and the larger water and wastewater utility segments have access to new sources of capital to fund system upgrades, IT, digitalization, reuse and resilience projects
An uncertain fate for biosolids & PFAS ‘receptors’; Ovivo building a PFAS technology platform; Ranking and snapshots of top water equipment & chemicals firms 11
Data Does Not Lie: The case for water reuse, precision irrigation and water rights reform in Sankey diagrams 17
AWWA State of the Water Industry report assesses challenges and a digital future 22
EBJ Webcast: Market evolution scenarios in PFAS with a focus on wastewater 25
Bluefield Research forecasts high growth in the digital water market 28
Eastern Municipal Water District: Rising costs increase the need for creative external funding and flexibility in a California water district 30
Seven Seas Water Group building Water-as-a-Service model for smaller scale and decentralized water systems 32
Arcadis builds on its strong position in water infrastructure & PFAS 35
Parsons reports record growth with expanding focus on cybersecurity & PFAS in water, wastewater & biosolids 40
ECT2 accelerates development & deployment of treatment technology in PFAS and across the emerging contaminant spectrum 44
SL Environmental Law recommends proactive legal action to shield ‘passive receptors’ from PFAS liability 48
Ardurra maintains organic and M&A growth; AI, value engineering and continuous cost estimation helps navigate price & personnel pressure 52
HNTB sees inflation & the IIJA driving alternative delivery and a growing focus on water infrastructure 56
Xylem extends leadership in water solutions with M&A, external innovation and digitization investments to support a holistic view of the water cycle 58
AECOM and a ‘One Water’ approach helps to build inclusive communities; Water reuse helps limit PFAS contamination 60
Pace stays on top of a fast-changing regulatory & business environment in water, wastewater & PFAS testing 62
SGS expands PFAS testing capacity across North America; reports double digit growth in its environment sector 66
Enthalpy commits to high growth plan in fast changing PFAS testing market 68
Agilent Technologies overcomes numerous challenges to enhance technology and supply for PFAS testing in food and water 71
Exhibits
U.S. Water Industry & Annual Growth, 1994-2026 ($bil)
U.S. Water Industry Major Segment Share, 2015-2025: Revenue Growth from $176 Billion to $273 Billion
The U.S. Water Industry by Segment, 2010-2024 ($mil)
U.S. State & Local Government Finances for Environmental Infrastructure: 2016-2022
State Revolving Fund Assistance 2010-2024 ($bil)
Funding Summary of BIL Federal Commitments to Water
‘Lump in the Snake’ Diagram of SRF Grant Funding in BIL ($bil)
EBJ Model of ENR Top Design Firm Lists: Water/Wastewater Detail 2020-2023 ($mil)
ENR Top Design Firms: Water Supply & Sewer/Waste in 2022-2023 (in $million)
Water/Wastewater C&E Revenues & Annual Growth ($mil)
EBJ Working Model on Estimated Number of Water/Wastewater Facilities Requiring PFAS Intervention
Changes in 30-Year PFAS Costs in EBJ Working Model, 2019-2025
U.S. EPA Chart on Disposition of Biosolids in 2022
Water Revenues of Top U.S. Publicly Traded Water Utilities ($mil)
Universe and Revenue Distribution of U.S. Water Equipment & Chemicals Companies in 2023
Top U.S. Water Equipment & Chemicals Companies* in 2023
Revenue Performance of Six Ten WE&C Companies 2018-2023 ($mil)
Ecolab Revenues: 2018-2023 Segment Performance ($mil)
Danaher to Veralto 2018-2022 Revenues by Segment ($mil)
Xylem Revenues: 2018-2023 Revenue by Segment ($mil)
Pentair 2018-2023 Revenues by Segment ($mil)
Veolia NA Revenue Breakdown by Segment (2020-2023)
U.S. Geological Services Charts on Water Usage by Sector & State
DOE’s Lawrence Berkeley Lab Sankey Diagram on USA Water
Sankey Diagram on Water Flow for the State of Arizona
Sankey Diagram on Water Use for the City of Cape Town
Future Water Sankey Diagram on Water Reuse Model for Cuenca del Segura
AWWA: Top 10 Issues Facing the Water Industry, 2019-2023
Utilities Ability to Cover Full Cost of Providing Services
Augmentation of Existing Water Supplies
Utilities Planning, Revising and Assessing IT Needs
Water Withdrawals and Consumption by Sector: 2014-2040
Bluefield Forecast of the Digital Water Market in the U.S. & Canada from 2024-2033
Companies Appearing in this Edition of EBJ
3M Company 51
300 Engineering Group 54
AECOM 25, 60
Agilent Technologies 71
ALAR Engineering Corporation 16
American Society of Civil Engineers 24
American Water Works Association 22
Arcadis 35
Ardurra Group Inc. 55
Arredondo Zepeda & Brunz 54
Aurora Capital Partners 62
Bloomberg Intelligence 25
Bluefield Research i 28
Clean Edge 24
Constantine Engineering 54
Corvias Infrastructure Solutions 84
Culligan International 14
Danaher Corp. 13
Diversey Holdings 15
DuPont Water Solutions 15
E2metrix Inc. 16
Eastern Municipal Water District 30
Ecolab 13
E.I. DuPont de Nemours 51
Eimco Water Technologies 16
EL Engineers 54
EmNet 59
Enthalpy Analytical 46, 68
Envirocon Inc. 84
Epic Environmental Pty Ltd 47
Eurofins 25
Evocra 16
Evoqua Water Technologies 59
Fluence Corporation 32
Fulghum MacIndoe & Associates Inc 54
Giuliani & Kull 54
Great Lakes ReNEW 43
Gunda Corporation 54
HNTB 56
Infrastructure Engineering Corp 54
Inwood Consulting Engineers 54
Leonard Green & Partners 62
Littlejohn & Co. LLC 55
Maine Organic Farmers and Growers Assn 11
Maryland Environmental Service 70
Milam Land Surveying 54
Minnesota Pollution Control Agency 51
Montrose Environmental Group 44, 68
Nasdaq 24
National Association of Clean Water Agencies 3
National Institute of Standards and Technology 40
North East Biosolids and Residuals Assn 11
Origins Laboratory 47
Ovivo 16
Pace 62
Pace Analytical+Environmental Services 62
Paragon Soil & Environmental Consulting 47
Parsons Corporation 40
Pentair 13
Pevida Highway Designers 54
Pigeon-Roberts & Associates 54
Potomac Riverkeeper Network 11
Public Employees for Env’l Responsibility 11
Purdue University 42
Pure Technologies 59
Ritoch-Powell & Associates 54
RWL Water 32
Sanexen 73
Sensus 59
Seven Seas Water Group 32
SGS 66
Shephard – Wesnitzer 54
SLEnvironmental Law Group 48
Solenis 15
South Texas Water Authority 33
S&P Global Ratings 32
Spirit Environmental 47
T-O Engineers 54
Two Dot Consulting 47
United States Census Bureau 22
United States Geological Survey 17
Veolia Environnement 14
Veolia Water Technologies 14
Veralto 13
Vogon Labs 73
Washington Companies 84
Wastech Controls & Engineering 16
Water Environment Federation 60
Water Research Foundation 36, 42
Watts Water Technologies 13
WK Dickson 54
Woodson Engineering & Surveying 54
Xylem Inc. 13, 58
York Sewer District 51
For more information on the Environmental Industry, click here to visit the EBJ homepage.






