April 01, 2020
According to the report titled ‘Zero Liquid Discharge (ZLD) Systems Market Size By Product, By Technology, By End-user,Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report LLC, the global zero liquid discharge (ZLD) systems market is expected to exceed USD 9 billion by the year 2025.
Deteriorating quality of potable water coupled with increasing water decontamination activities are driving the growth of zero liquid discharge systems market. Rapid industrialization in emerging economies has surged the waste disposal in fresh water. This factor, along with strict government regulations pertaining to wastewater management are further aiding the market expansion.
Increased pervasiveness of waterborne diseases across the globe due to disposal of pharmaceutical and chemical wastes in fresh water is fostering the demand for ZLD systems. However, surging consumption of energy along with inconvenience associated with zero liquid discharge systems may hinder the market growth. Adding to this, periodic maintenance, need for skilled labor, and high investments may further hamper the product adoption.
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As per product type, the report states that conventional ZLD systems market segment is expected to cross USD 5 billion by the year 2025. The system comprises of multi-stage flash evaporators for heating and mechanical vapor compression with crystallization for condensate recovery.
In terms of technology, market share of zero liquid discharge systems based on membrane technology is presumed to expand with a CAGR of 5.5% during 2019-2025. The technology utilizes membranes like brine concentrators, RO train, and hollow fiber which further helps in recovery of waste after processing of wastewater.
Citing the end-use landscape, chemicals & petrochemicals industry is expected to hold 20% share in zero liquid discharge systems market by the year 2025. The product is used in chemicals and petrochemicals industries to minimize direct discharge of hazardous chemicals into the environment. It further enables in reusing the treated water for several industrial operation.
Considering the geographical landscape, the report cites that zero liquid discharge system industry in Asia-Pacific is predicted to grow with 9% CAGR through 2025. Growing industrial and manufacturing sector and scarcity of water in Japan, China, and India are augmenting the regional demand.
The prominent companies operating in zero liquid discharge system industry are IDE Technologies, SafBon Water Technology, Austro Chemicals & Bio Technologies Pvt. Ltd., ENCON Evaporators, Kelvin Water Technologies Pvt. Ltd., AQUARION AG, Praj Industries, Oasys Water, H2O GmbH, U.S. Water Services Inc., ALFA LAVAL, Suez SA, GEA Group, Aquatech International LLC, and Veolia Water Technologies.
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