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Water Trading Market - Global Industry Analysis 2024 | Research Report
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Porter’s Five Force Analysis provides a thorough coverage of the top players in the global water trading market, while a SWOT analysis brings out its prominent aspects. An investigative value chain assessment and a unique examination of the micro and macro factors of the market provide the reader a useful perspective and valuable insights regarding player sustainability.
Overview
The research report on the global water trading market reveals all aspects connected to the developments in it. Water trading refers to the voluntary transfer of a prescribed amount of water between the buyer and the seller. This is done so that the water’s purchaser can satisfy his end demand. Water trading provides a unique and responsive solution to the various verticals of end users in the global water trading market, which essentially refers to everyone who needs water. It is thus an answer for all the various types of users, urban as well as agricultural. It provides equivalent prices and water allocations with respect to the demand. According to Forbes, the global water trading market currently contains numerous projects that have so far conducted a total of more than 100 transactions in water trading, amounting to more than US$10 trillion. Some of the most prominent projects in the global water trading market include Payments for Watershed Services, Water Quality Trading, Herediam, Dar es Salaam, and Saltillo. Branches of the global water trading market include ground water mitigation and flow restoration projects.
The primary growth factor for the global water trading market is the increasingly high demand for clean water around the world. A growing population needs larger volumes of water to sustain itself and its economic development. This has put increasing amounts of pressure on the global water trading market to form a supply chain that can be equal to the demand. One of the biggest disadvantages brought forth by water trading is the restriction and closure of public access to clean and healthy water in multiple locations.
The major restraining factor in the global water trading market is the high infrastructure cost, which includes water transportation from seller to buyer. Other issues faced by the market include water rights, legal hassles, and social and political boundaries.
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Companies mentioned
The key companies described in the research report include Severn Trent, Murray Irrigation, Calgon Carbon, Aqua America, Integra Water Services, and Ameron.
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