The demand for water won't change when the broader market heads south.
The current water crisis is driven both by climate and poor water infrastructure; 14 of the world’s 20 megacities are now experiencing water scarcity.
Water is a scarce resource, despite the fact that it covers about 70% of our planet. Yet, fresh water is extremely scarce,
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Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $4.9 billion in revenue and $525 million in adjusted operating income in 2020.
| Website: | www.xylem.com |
| Email: | Matthew.Latino@xyleminc.com |
| Main Phone: | +1 914 323-5700 |
| Address: | 1 International Drive |
| State: | NY |
| City / Town: | Rye Brook |
| Country: | US |
| Postal Code: | 10573 |
| Exchange: | NYE |
| CEO: | Patrick K. Decker |
| Employees: | 16700 |
| NAICS: | Plumbing Fixture Fitting and Trim Manufacturing(332913) |
The demand for water won't change when the broader market heads south.
The current water crisis is driven both by climate and poor water infrastructure; 14 of the world’s 20 megacities are now experiencing water scarcity.
Water is a scarce resource, despite the fact that it covers about 70% of our planet. Yet, fresh water is extremely scarce,
With demand for clean water expected to surge by over 85% by 2035, investors could be looking at a phenomenal investing opportunity.
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