Industry Market Trends

Industry and Water: How Can Businesses Manage and Share a Limited Resource?

August 26, 2013

Water is the most abundant compound in the universe and covers 71 percent of the earth's surface. Yet society makes use of only a small percentage. Most of water on the earth by farĀ is saline or seawater. Freshwater makes up only 2.5 percent of the total. Most freshwater is locked in glaciers, ice caps, and underground, with only about 1.3 percent of it available as surface water. Industry competes with agricultural and municipalities for this precious resource. And businesses compete among themselves for its use. After all, it's a limited resource, and consumption is bound to be driven by its relative scarcity. Read More