This water treatment startup is already a unicorn [Video]

While it might seem like humans and animals consume most of the world’s water, heavy industry uses up to half of it. That’s why business sectors are looking for new ways to recycle water, especially in the face of increased drought.

Some of the world’s most essential industries, like pharmaceuticals, food and beverage, textiles, mining, renewables and power all use huge amounts of water. Now, new companies are finding ways to reclaim and recycle water as inexpensively as possible.

The global water and wastewater treatment market is expected to reach half a trillion dollars by the end of this decade, according to Statista. Much of it now involves harsh chemicals and uses a lot of energy, but companies like Xylem, Veolia and Boston-based startup Gradiant are trying to reduce both costs and energy while eliminating chemicals.

“We take highly contaminated wastewater which contains solvents, which contains dissolved salt, which contains …