The Demand Supply Gap in Global Water Industry - Literated Market Research

The Demand Supply Gap in Global Water Industry - Literated Market Research

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The Demand Supply Gap in Global Water Industry - Literated Market Research While the hydrological cycle of the Earth has some 336,000,000 cubic miles of water, just 0.025% of it is drinkable by humans.

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Published 26 September 2015
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The Demand Supply Gap in Global Water Industry - Literated Market Research
While the hydrological cycle of the Earth has some 336,000,000 cubic miles of water, just 0.025% of it is drinkable by humans. The accessible fresh water would be enough to quench the thirst of around 7.0 billion humans expected to fill the globe by 2050.
But not every region benefits from the fresh water available on earth. There is a gap between demand and supply of fresh water.
For example, while 35 million cubic feet of water are shared between 100 people in Malaysia, the same amount of water is distributed among 350 people in India and 4000 residents in Israel.
It is anticipated that the water demand would exceed the fresh water supply by 40% in 2030 at the present conditions of water generation and supply. Therefore, in theglobal water market, the prospect of providing fresh drinking water would be driven by the gap in demand and supply.
In the near future, given the present scenario of production and supply, the demand and supply would be affected by three primary factorspopulation growth, supply infrastructure growth and water regulation.
Demand for drinking water services would be increased by population growth and would be aided by a greater population of urban migration and rising living standards. Preference for a higher protein and meat diet in many emerging economies and an expanding and more affluent middle class will also be additional factors related to population growth to affect the rise in demand for potable water.
It is estimated that a major portion of the drinking water for people is lost in transit. Damage and inefficiencies result in an estimated 30% to 40% loss of water to leakage in production and transportation. The primary reason for this is the aging infrastructure, that is mostly left un-upgraded and remains unmatched to the rising population and demand for water. Therefore the better the industry manages pilferage and spoilage, the better the prospects of profits and closing the gap between demand and supply.
National and local governments have developed short and long-term initiatives to find a solution to the world’s water problems caused by the resources that have become increasingly stressed.
This is one of the methods in which the authorities have tried to close the gap between demand and supply and positively impact the supply side of the water industry.
For more research reports on water industry visit
https://literated.com/industry/Water-Industry
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