EDDAH — The global water market is projected to reach a total value of $914.9 billion in 2023, according to the latest 2018-2023 forecasts published by Global Water Intelligence (GWI).
 
GWI’s market research linked this growth to a recovering global economy, high commodity and oil prices, and major water quality and infrastructure plans such as those in Saudi Arabia, China, and Southeast Asia aimed at improving wastewater treatment and incentivizing private finance in water.
 
The forecasts are available to GWI WaterData subscribers and were published as part of a major update to the WaterData platform.