U.S. & Canada Water and Wastewater Pipe CAPEX Forecasts, 2025–2035

The U.S. municipal water and wastewater sector is entering a generational investment cycle—one marked by increasing urgency, complexity, and transformation. As utilities face aging infrastructure, shifting demographics, and tightening regulations, they must navigate a capital landscape shaped by rising costs, labor shortages, and delayed federal funding. The challenge is not only to maintain service reliability but also to modernize systems under mounting financial and operational pressures.

Demographic shifts are spurring greenfield development in high-growth regions and intensifying pressure on aging infrastructure in legacy systems. At the same time, federal programs such as the Infrastructure Investment and Jobs Act have offered new funding opportunities, but the slow pace of disbursements is forcing many utilities to rely heavily on local capital planning, rate adjustments, and public–private partnerships to close the investment gap.

This 2025–2035 forecast focuses on the pipe equipment segment of utility infrastructure. Grounded in a decade of capital planning data, cost inputs, and regulatory tracking across all 50 states, the analysis reflects a market that is shifting away from reactive fixes toward strategic renewal. For utilities and stakeholders alike, the next decade represents a critical opportunity to optimize infrastructure investments and shape a more resilient water future.

This Insight Report presents a data-driven perspective on how market trends, policy disruptions, and strategic pivots are reshaping the landscape for investments in pipe infrastructure.