Of late, rigorous government regulations regarding the discharge of wastewater have led to the rise in the adoption of zero liquid discharge (ZLD) systems across the globe. The rising concerns about the effluents in seawater and ground are creating growth opportunities for the zero liquid discharge market. Zero liquid discharge is a strategic wastewater management system that assures that no industrial effluent is discharged into the environment. It includes a series of steps such as fractional electrode ionization, crystallization/evaporation, ultrafiltration, and reverse osmosis. During the process, the entire water is recovered along with the contaminants being reduced to solid waste. The clean water acquired from the zero discharge water treatment systems is either geared towards diverse industrial procedures – boiler blowdown, cooling tower blowdown, and oil refinery effluent – or used as a coolant for systems.
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According to Fairfield Market Research, the total market value of the zero liquid discharge (ZLD) market is predicted to reach US$1,639.3 Mn by 2026 as compared to US$841.4 in 2020. The anticipated market value is a strong indicator of the lucrative opportunities floating across the market. Favorable rules formulated by the legislatures are expected to create novel business outcomes, driving robust market expansion during the forecast period of 2021 – 2026.
Ascending Demand for Energy to Propel ZLD Installations in Power & Energy Industry
Based on application, the market is segregated as food & beverages, textiles, energy & power, pharmaceutical, chemical & petrochemical, and others. Projections point out that the power & energy sector is likely to dominate the ZLD market in the coming years. Recently, there has been a surge in the construction of thermal power plants and refineries to meet the pressing demand for energy due to the growing population and urbanization. Various power plant owners are prioritizing water management by incorporating ZLD solutions that have become indispensable in eliminating the discharge of wastewater. Aforementioned factors have elevated the demand for ZLD systems & created several opportunities for growth and innovations across the market.
Detailed Table of Content
1. Executive Summary
1.1. Global Zero Liquid Discharge (ZLD) Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.2.4. Economic Trends
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis & PEST Analysis
2.5. Covid-19 Impact
2.5.1. Supply Chain
2.5.2. End-user Customer Impact Analysis
3. Global Zero Liquid Discharge (ZLD):Micro/Macro Economic Factors
4. Global Zero Liquid Discharge (ZLD) Market Outlook, 2018-2026
4.1. Global Zero Liquid Discharge (ZLD) Market Outlook, by End-user Industry, Value (US$ Mn) 2018-2026
4.1.1. Key Highlights
4.1.1.1. Energy & Power
Asia Pacific Reigns Supreme in the ZLD Market – Surging Investments in Wastewater Treatment Plants is Steering Regional Growth
World over, Asia Pacific is predicted to lead the Zero Liquid Discharge market with the highest growth opportunities during the projection timeline. In countries like China and India, the calls for wastewater treatment plants and tangible investments in security-based water treatment plants have risen incessantly. Additionally, a consistent uptick in the establishment of Zero Liquid Discharge systems to treat wastewater by the governments of these countries is further augmenting the growth of the Zero Liquid Discharge market across the APAC region. This surge in demand for zero liquid discharge plants is expected to grow in the Asia Pacific over the coming years.
Contrarily, European countries such as Germany, the UK, and Italy are making considerable investments in wastewater treatment, playing a momentous role in the sophistication of the Zero Liquid Discharge market across the region. With the rising demand for power and urbanization, the ZLD market in Latin America and Middle East & Africa is set to experience a notable boost during the prediction period.
Prominent players across the global zero liquid discharge market include GEA Group Aktiengesellschaft, Aquatech International LLC, Veolia, Praj Industries, AQUARION AG, ENCON Evaporators, 3V Green Eagle S.p.A., Oasys Water, ALFA LAVAL, Kelvin Water Technologies Pvt. Ltd., SUEZ, and Thermax Global.
Zero Liquid Discharge (ZLD) Market Press Release: https://www.fairfieldmarketresearch.com/press-release/global-zero-liquid-discharge-zld-market
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