The Zero Liquid Discharge Systems Market trends are analyzed from recent past with an eye on coming years in this report that also offers projections for Zero Liquid Discharge Systems industry targeted at helping in business decisions.
Zero Liquid Discharge Systems Market size will observe substantial growth owing to increase in demand for applications in pharmaceutical, energy & power, semiconductors & electronics, chemical & petrochemicals, textiles and food & beverages industry. Continuous rise in number of industries has led to surge in pollution that has reduced availability of fresh water. Demand for clean water is anticipated to propel zero liquid discharge systems market.
Stringent government regulations namely Environmental Protection Agency and Target Zero associations have laid regulations regarding waste water generation and disposal of industrial waste into water bodies. Strong steps are taken by countries for conservation of water bodies and saving marine animals that is expected to boost zero liquid discharge systems market.
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Rise in global population has led to erection of power plants in various areas. Global power investment will grow by 11.5% and reach over USD 440 billion by 2024, to meet rising power demand. Mandates have been launched to increase awareness regarding wastewater disposal limits. Further, these help in recovering valuable minerals and compounds from industry that enhances cost effectiveness of process and gives positive outlook to zero liquid discharge systems market.
Zero liquid discharge (ZLD) are processes that remove hazardous effluents and purify waste water. It employs advanced treatment technology that consists of ultra-filtration, reverse osmosis, evaporation and deionization processes to provide purified water. In this, first pre-treatment is done to remove dissolved solids and particles. These are quite efficient and easily meet discharge regulations and enhance management of produced water.
Major constraint for zero liquid discharge systems market is high capital and operating expenditure. These systems need to be custom built for different industries owing to varying processes and end use that improves its overall cost. Further, space constraint is an important factor as its installation requires large space and poses a challenge for small industries. Though, growing strictness regarding disposal of industrial waste and consumer awareness will overcome these restrictions in forecast period.
Based on system, zero liquid discharge systems market is categorised into conventional and hybrid. Conventional accounts for larger share with its application in several small to large industries and low cost of erection as compared to hybrid. These have high demand in low and medium flow rate industries with involvement of standard processes. Hybrid is automated process with pre-concentrator and thermal technology with demand in large industries.
On the basis of process, zero liquid discharge systems market is classified as pre-treatment, filtration and evaporation & crystallization. Pre-treatment has major share owing to need of removing solid wastes and effluents prior to further processing. These have huge demand from food & beverages and pharmaceutical industry. High demand for treatment of water due to chemical content in pharmaceutical wastage will boost its consumption.
Based on end use, zero liquid discharge systems market is divided into pharmaceutical, energy & power, semiconductors & electronics, chemical & petrochemicals, textiles and food & beverages industry. Energy & power has major share with constant increase in power plants to meet rising energy requirements. These industries produce large amount of waste water that need treatment prior to disposal.
Chemical & petrochemical industry has substantial share in zero liquid discharge systems market owing to demand of products from both developing and developed economies for petrochemical products. There has been an increase in number of refineries and major players are expanding their facilities to meet the demand that gives positive outlook to this market.
North America has substantial share in zero liquid discharge systems market with rising number of energy & power and petrochemical industries. The U.S. is one of the largest consumers of energy and mainly dependent on non-renewable energy sources that produce huge amount of wastage.
Asia Pacific, led by China, India and Japan has significant share and anticipated to grow with rise in number of electronics and petrochemical industry. Some states in India have made it mandatory to employ the product in industries. Rise in offshore drilling activities has further fuelled its zero liquid discharge systems market growth.
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Middle East & Africa is the hub for petrochemical industries with huge amount of crude oil reserves. Europe & Latin America have moderate share and will register significant growth with stringent government norms namely EU Water Framework Directive for wastewater disposal.
Zero liquid discharge systems market is moderately fragmented with presence of large number of regional and local players. Major players include Aquatech, GE Water Processes, Petro Sep Corporation, Veolia Technologies, IDE Technologies, Praj Industries, Doosan Hydro Technology, H2O, Degremont Technologies, Aquarion, Saltworks Technologies and Oasys Water.
Companies are spending on research and development facilities to innovate modern technologies. Aquatech has come up technologies namely FERO, HEVAP and SmartMOD to attract customers and cater to their need.
This latest Zero Liquid Discharge Systems Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Zero Liquid Discharge Systems from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.
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- Global Zero Liquid Discharge Systems Market size & forecast by product & application.
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