Municipal water and wastewater utilities manage the collection, treatment, distribution and safe discharge or reuse of water for communities. Drinking-water facilities use coagulation, clarification, filtration, disinfection and contaminant-removal technologies to meet public-health standards. Wastewater plants combine primary, secondary and tertiary treatment with nutrient removal, sludge processing and advanced polishing. Investment priorities are shaped by ageing infrastructure, population growth, water scarcity, emerging contaminants and stricter discharge requirements. Utilities increasingly adopt membrane filtration, ultraviolet and ozone systems, digital monitoring and decentralized treatment technologies to improve resilience and operating efficiency. Research coverage evaluates chemical demand, equipment investment, regulatory developments, project pipelines, technology adoption, supplier positioning and emerging opportunities in PFAS removal, water reuse and advanced wastewater treatment.