WATER TRADING MARKET ANALYSIS

Regional Analysis

Global Water Trading Market – Regional Insights

Water trading access rights is increased across the world, as water resources are stretched by increasing urbanization, climate change, and rise in global population.

North America is expected to be the prominent market of water trading. Wherein, U.S. is one key contributor. Water trading in the U.S. varies by different factors such as according to the state's water code, system of water rights, and governmental bodies involved in regulating water trading. Arizona, California, Colorado, New Mexico, and Texas are some U.S. states that have active water trading market.

In Asia Pacific, Australia is the most advanced water trading market. The Murray-Darling Basin, a large geographical area in Southeastern Australia comes under water trading schemes. The Murray-Darling Basin receives around 90% of the region's water. Australia Water Services Association operates on a volume metering system. In the volume metering system, market players do not simply apply to possess the water rights, but they pay for the quantity of water they consume.

Europe, Latin America, and Middle East and Africa (MEA) also contributes to the global water trading market. In Europe, U.K. is only authorized water trading only on licenses and is open for water trading since 2001.