The global water and wastewater treatment market is projected to grow from $283.48 billion in 2021 to $465.23 billion in 2028 at a CAGR of 7.3%.
WHY?
Treatment of water and wastewater is necessary for mankind to meet the demand for water resources, not only for municipal and agricultural purposes but also for critical industry purposes. Currently, over 40% of the global population resides in regions marked under critical water stress.
Enter Forward Water Technologies….
FWTC is dedicated to the commercialization of its patented forward osmosis technology which can reduce water consumption by as much as 90% in many industrial applications.
The technology allows for the reduction of challenging waste streams that simultaneously returns fresh water for re-use or surface release. The Company's mandate is to focus on the large-scale implementation of its technology in multiple sectors, including industrial wastewater, oil and gas, mining, agriculture and ultimately municipal water supply and re-use market sectors.
More than just lip service, here are just some of the company’s recent milestones
oil and gas support services and lithium extraction verticals. * To advance industrial discussions, Forward Water has recently signed non-disclosure agreements with two major lithium extraction companies having access to large lithium-rich aquifer-based brine deposits.
Now sit back, relax and watch this powerful interview.