Water rights, also referred to as water access entitlements, are bought and sold in water trade. Depending on the legal structure governing water rights in a particular nation, the terms of the exchange may be either permanent or transitory. Permanent commerce involves the trading of water rights. An entitlement holder might, for instance, sell their water claim permanently to someone else who needs water. On the other hand, a temporary trade is an annual exchange of a water allocation with a party that is looking for water. In order for the buyer to meet his needs, water trading is the voluntarily exchange of a predetermined amount of water between a buyer and a seller.
Demand for cleaner water has risen as a result of rapid urbanization, rising global population, and economic advancements in both developing and developed countries. The proportion of the people living in urban areas has contributed to a number of problems with water management and reduced access to enough drinkable water. Globally, poor water management has resulted in decreased water quality and an increase in various health-related issues. But in many countries, like the United States, Australia, South Africa, Chile, Iran, etc., water trade helps with efficient water management. Since there is such a great need for clean water, consumers all around the world are projected to adopt water trading at an increasing rate. Additionally, the number of people dying from water-borne diseases is increasing, and there is a lack of funding for building infrastructure to deal with these health issues. Global demand for safer water has increased due to the causes of water-borne diseases, driving market growth in the Water Trading market.
Top Companies in the Water Trading Industry:
1. Severn Trent
Severn Trent was founded in 1989 and headquartered in England, UK. It mainly operates in the U.K., but also in the United States and other countries in Europe. In June 2022, Severn Trent and Wessex Water will work together to find innovative and environmentally friendly approaches to waste processing.
2. Murray Irrigation
Murray Irrigation was founded in 1995 and headquartered in New South Wales, Australia. It operates globally. Murray Irrigation is grateful that NSW will be focusing on water trading in July 2022. Since it has been at the forefront of water trading in New South Wales and is located directly in Australia's largest water market, the southern connected Murray-Darling Basin, Murray Irrigation is in an excellent position to make a statement.
3. Integra Water Services
Integra Water Services was founded in 1990 and headquartered in South Wales, Australia. It operates in 118 countries.
4. Aqua America
Aqua America was founded in 1968 and headquartered in Pennsylvania, United States. It operates in approximately 3 million people across eight states. In January 2020, Aqua America Inc. officially changed its name to Essential Utilities, Inc. The company also announced the names of the senior leadership team members who would answer to Christopher Franklin, chairman and CEO. The announcement follows the Pennsylvania Public Utility Commission's decision to accept the Peoples acquisition during its meeting on January 16.
5. California Water
California Water is an American company providing drinking water and wastewater services to a number of regions within the state of California. It was founded in 1926 and headquartered in California, United States. It operates in California.
6. Thames Water
Thames Water was founded in 1989 and headquartered in Berkshire, England. It operates for 15 million people across London and the Thames Valley region. In June 2023, the company that distributes water to millions of Londoners is having significant problems.
Britain's largest water supplier announced it needed additional funding from investors as UK media reported that the government was developing backup plans to save the firm.
7. Yorkshire Water
Yorkshire Water was founded in 1973 and headquartered in
Bradford, England. It operates in more than 190 countries. In July 2023, Yorkshire Water signed contracts for $15 million over a 15-year period with SGN Commercial Services and Centrica Energy Trading to build biomethane gas to grid facilities at its Knostrop and Blackburn Meadows wastewater treatment facilities.
8. Anglian Water
Anglian Water was founded in 1989 and headquartered in Huntingdon, Cambridgeshire. It operates in England and Wales. In April 2023, a sizable new water main network will begin pipelaying. The enormous new multi-million pound water main network being built by Anglian Water has started to have its pipes laid. Eight kilometers to the east of Grantham, close to Welby, were where the first 800mm steel pipes were installed. They are a section of a pipeline that runs 39 kilometers between Grantham and Peterborough. It is the largest drinking water project in the UK in a generation as well as one of Europe's greatest environmental initiatives.
9. South Staffs Water
South Staffs Water was founded in 1853 and headquartered in Walsall, United Kingdom. It operates globally.
*Definition: In the water trade, which sometimes goes by the name "water access entitlements," water rights are bought and sold. Depending on the legal standing of the water rights, the terms of the exchange can be permanent or just transitory.
