The global zero liquid discharges market was valued at US $ 674.54 million in 2017 and is expected to grow at a CAGR of around 12% from 2018 to 2026, according to a new research report released by Transparency Market Research (TMR) Titled “ Zero Liquid Landfill Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018-2026. Zero liquid discharge is a wastewater treatment technique, in which approximately 95% to 99% of the wastewater is collected for reuse. Since the technique recovers almost all of the water from the wastewater stream, no liquid is released at the end of the process, leaving only solid residues.
Read the report preview
The process includes several steps such as reverse osmosis, ultrafiltration, fractional electrode ionization, and evaporation and crystallization. ZLD plants are designed according to the composition of the wastewater stream, the flow to be treated by the system and the volume of contaminants present in the flow. These factories are designed to handle fluctuations in any of the above factors while providing efficient and efficient services.
Request a sample –
Strict environmental regulations are likely to boost the zero liquid discharge market
Regulatory authorities and environmental agencies impose strict regulations and laws on the disposal of industrial wastewater. They set up ZLD factories, especially in industries generating large amounts of wastewater. Another driver of the zero liquid discharge market is the scarcity of freshwater sources. With only 3% of the total available water being freshwater, freshwater sources are under high stress, due to the increasing demand for water from communities and the industrial sector.
COVID19 IMPACT ANALYSIS REQUEST –
Therefore, industries are implementing ZLD in order to reuse water from wastewater streams and reduce their demand for fresh water. It is also estimated that increased power generation capacity will boost demand for ZLD in the near future. Power plants, which are a major water polluter, have started implementing ZLD to reuse water for boilers, cooling and other non-drinking applications. Another determining factor in the market is the recovery of useful chemicals and minerals from the solid residues after water recovery. However, the high investment and operating costs of ZLD factories may prove to be a constraint for the market in the near future. Since a large amount of energy is required for their operation, the operating costs of ZLD factories are high. This can hamper the pace of installation of these factories in small industries.
Ongoing efforts to utilize less power-hungry technology are expected to provide new opportunities in the zero liquid discharge market over the next few years. Technological advancements to reduce the amount of energy required for the ZLD process continue. End-user industries are trying innovative methods to reduce overall energy costs in order to lower their operating costs.
Energy and Electricity Segment Expected to Dominate Global Zero Liquid Discharge Market
With regard to the end-user industry, the zero liquid discharge market has been classified into energy and electricity, food and beverage, chemicals and petrochemicals, textiles, pharmaceuticals and others. Energy and Power was a dominant segment, accounting for over 40% market share, by value, in 2017. The segment is expected to maintain its dominant position during the forecast period. However, the chemicals and petrochemicals segment is expected to grow at a rapid pace during the forecast period.
Increasing demand from end-user industries in Asia-Pacific to drive the market in the region
In terms of region, the global zero liquid discharge market has been segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. Asia-Pacific held a leading share of over 40% of the global market in 2017. This can be attributed to the strong demand for ZLDs from end-user industries in the region, such as energy and electricity and chemicals and petrochemicals, especially in developing countries such as China and India. The region’s market is expected to grow at a rapid pace during the forecast period, mainly due to the implementation of strict regulations imposed on industrial wastewater disposal and the decrease in sources of fresh water. due to the increase in pollution in Asia-Pacific, especially China and India.
More Trend Reports by Market Research on Transparency –
Very competitive market with the presence of several local players
The major players operating in the global zero liquid discharge market and covered in this report are Aquatech International LLC, Veolia, GEA Group Aktiengesellschaft, SUEZ, ENCON Evaporators, AQUARION AG, 3V Green Eagle SpA, Thermax Global, Oasys Water, Praj Industries, Kelvin Water Technologies Pvt. Ltd., Transparent Energy System Private Ltd., Austro Chemicals & Bio Technologies Pvt Ltd, Bionics Advanced Filtration Systems (P) Ltd., Dew Envirotech Pvt. Ltd, Arvind Envisol Limited and ALFA LAVAL
Market study on transparency,
90 Sate Street, Suite 700,
Albany, NY 12207
Phone: + 1-518-618-1030
United States – Canada Toll Free: 866-552-3453
Email: [email protected]
About Us :
Transparency Market Research is a global market intelligence company, providing global trade information reports and services. Our proprietary blend of quantitative forecasting and trend analysis provides forward-looking information to thousands of decision makers. Our experienced team of analysts, researchers and consultants use proprietary data sources and various tools and techniques to collect and analyze information.
Our data repository is continually updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analytical capacity, Transparency Market Research uses rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
This version was posted on openPR.