Water is essential for our daily lives as well as for industrial processes. Water management has become more important than ever in recent years, and there are some interesting trends emerging. This blog post discusses the most significant and latest industrial water management trends and how they will affect your business!
The world is changing, as well as the possibilities for water management in the industrial sector. In the light of the COP21 climate conferences, a new Build Back Better infrastructure strategy and worldwide corporate ESG initiatives are on the horizon. The growth of more sophisticated technologies anticipated to accelerate in the wake of these events. In a post-COVID-19 world, the priority will be on climate resiliency, digital hardware, software, and analytics, as well as workforce management.
Here are the latest industrial water trends that the experts have been keeping an eye on.
Opportunities for Long-term Water Management Open as a Result of the Energy Transition
The growing use of alternative energies and advances in water management are expecting to alter water demand over the next several years.
The growth in solar and wind energy is expecting to decrease the water usage by 8% between 2020 to 2030. It will also lead to the retirement of water-intensive fossil fuel and nuclear plants.
The long-term consequences for the energy sector are greater water requirements in the energy supply chain. With an increasing focus on rare earth metals for electric vehicle batteries and water supplies for hydrogen-powered transportation, and electric storage, new possibilities will open up in the field of water provision and management. As a result, mining, power, and automobiles are becoming the new water-intensive industries. This is one of the major trends in industrial water management now a days.
Changing To A Plant-based Diet Opens Up New Possibilities For Water Usage
Switching to a plant-based diet can cut water usage in half, according to research. As a result of this, adopting a plant-based diet may help to safeguard the world’s water.
According to the Good Food Institute, plant-based food product sales increased by 27% in 2020 compared to 2019, pushing the market segment past $7 billion in yearly sales. Plant-based food companies are trying to be more water efficient, but global parent companies may use plant-based options to help them achieve sustainability goals.
Agricultural Sector Is Looking To Innovation To Help Them Reduce Their Water Footprint And Increase Their Resilience.
The $5 trillion agribusiness sector is on the rise, and innovative new technology solutions are efficient for water management. In the United States, more efficient drip systems have increased 19% in popularity since 2013.
Water Requirements Focus As Big Tech Companies Depend On Data Centers
The number of hyperscale data centers has doubled in the past five years, and by 2021 they will require 221 million gallons of water a day for cooling.
The development of the water market is primarily fueled by infrastructure stimulus programs and environmental initiatives. Due to extreme weather conditions, supply chain strain, and other factors, businesses will need to modify their water strategies.
Water Convergence In A Digital And Industrial World
Water scarcity, pollution, and a lack of resources have become major global concerns. With corporations and sectors increasingly incorporating water management into their sustainability goals and plans, new market possibilities are emerging for digital solutions to optimize wastewater treatment. This is one of the most important and crucial trend in industrial water management.
Conclusion
The industrial and commercial market for water is growing, with new opportunities in data analytics, artificial intelligence (AI), the Internet of Things (IoT), and machine learning. These technologies will allow companies to reduce their water usage and wastewater discharge.
As we enter a new decade, it’s important to keep an eye on the latest trends in industrial water management so that your business can stay ahead of the curve.
Source
Reese Tisdale. “New opportunities in industrial water.” WASTEWATER, Dec. 20, 2021,
https://www.watertechonline.com/wastewater/article/14214324/new-opportunities-in-industrial-water
