The Israel Export and International Cooperation Institute reports that water technology exports totaled $1.4 billion in 2008 – double the 2005 amount. The global water market is worth $400 billion annually and is expected to rise to $537 billion next year.
To mark World Water Day, the Export Institute published figures about the country’s water technologies industry. There are 250 companies in the sector of which 200 export their products. 50 companies in the sector are defined as start-ups.
These clean technology companies are involved in sectors including water management systems, safety and security for water sources, irrigation management systems, desalination, water recycling and purification.
Israel is ranked first in the world in recycling water for agriculture: 75% of sewage is recycled for agriculture.
This article originally appeared on Cleantech Investing in Isreal.
[Photo Credits: Ron Almog]