Zero Liquid Discharge Market Overview
According to a research survey conducted by ChemView Consulting, the current valuation of the Global Zero Liquid Discharge Market is worth US$ 677.9 Mn in 2022. The market value of stainless steel is expected to reach US$ 1,410.2 Mn by 2032, growing at a CAGR of 7.6% over the forecast period.
Due to strict government rules surrounding wastewater discharge, there has been an increase in the adoption of zero-liquid discharge systems in recent years. Water bodies are hampered by wastewater discharge, which weakens the environment. Zero liquid discharge systems aim to eliminate all liquid and solid waste from a design and provide clean, reusable water.
The collected solid waste can be recycled through several industrial procedures. The clean water produced by zero liquid discharge water treatment systems is utilized as a coolant for equipment and other industrial operations, including oil refinery effluent, cooling tower blowdown, and boiler blowdown.
ChemView Consulting has analyzed that regulations placed on businesses and power plants governing emissions into water bodies are the main driver fueling the market growth for zero liquid discharge systems. ZLD systems are mostly used in the industrial sector because it is where most toxic pollutants affecting water bodies and aquatic ecosystems come from. Mercury, arsenic, lead, selenium, salt, toxic elements, nitrate, and other substances are emitted, which throws the environment out of balance.
The market is divided into thermal-based and membrane-based systems according to technology. Due to their higher operational efficiency and the industry’s preference for installation over thermal-based installations, membrane-based systems hold a significant market share. Reverse osmosis, nanofiltration, electrodialysis, and natural evaporation are several processes employed in membrane-based buildings. The most common method in ZLD is reverse osmosis since it recovers most of the water and lowers the cost of ZLD. The thermal-based systems treat water using the fundamental crystallization and evaporation processes.
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Segments Covered in Report
By Technology:
- Thermal Based
- Membrane Based
By Application:
- Energy & Power
- Food & Beverages
- Chemical & Petrochemical
- Textiles
- Pharmaceutical
- Others
By Process:
- Pretreatment
- Filtration
- Evaporation & Crystallization
By System:
- Conventional ZLD systems
- Hybrid ZLD systems
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Zero Liquid Discharge Market
- Based on the technology, membrane-based has consistently been in higher demand.
- Based on the system, the conventional ZLD system will continue to be a major application area for Zero Liquid Discharge globally
- Due to the rising demand for these systems from the US, Canada, and Mexico, the North American region is estimated to have a market share of 37.2% in the zero liquid discharge systems market. It is anticipated to expand rapidly over the forecast period. The wastewater management market in these nations is increasing due to the high demand from end-use sectors, including energy & power, chemicals & petrochemicals, and food & beverages.
Competition Summary
Key companies covered in the market study are Veolia, SUEZ, Alfa Laval AB, Andritz Group, GEA Group, Ion Exchange (India) Ltd., Aquatech International LLC, U.S. Water Services Inc., Aquarion AG, IDE Water Technologies Ltd., Thermax Global, Multotec Group C.
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Report Key Highlights
- Detailed information on factors that will assist Global Zero Liquid Discharge’s growth during the next ten years
- Assessment of the historical and current Global Zero Liquid Discharge Market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
- The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
- Segment-wise, country-wise, and region-wise market analysis
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
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