Growth Factors of ZerLiquid Discharge Market
The zerliquid discharge market size was valued at USD 0.71 billion in 2018, and the market is now projected tgrow USD 3.28 billion in 2032 exhibiting a CAGR of 11.57% during the forecast period of 2019-2032.
The COVID-19 outbreak in the beginning of the year caused a decline in the demand for ZLD solutions and affected the construction of infrastructure and industrial activities that predominantly required the implementation of ZLD technology. But the increasing concern of environmental sustainability and the dry need of water management have advocated ZLD technologies. Newer industries started coming up after the market was opened, increased regulatory compliance on the Standard of Sewage Disposal or Treatment and increased call for environmentally acceptable products and services drove market demand. ZLD recovery was alshelped by the growth of demand for systems in sectors such as the pharmaceuticals and chemicals industry. Therefore, there are hopes of rapid growth in the ZLD market after the pandemic.
The key development indicator for the zerliquid discharge systems market is that many countries have imposed strict restrictions on emissions of industrial and power plant wastewater intwater sources. Industrial applications constitute the largest application area of ZLD systems due temission of dangerous substances such as mercury, arsenic, lead, selenium, and toxic elements in water streams. These are pollutants which disturb equilibrium of ecosystems and therefore require good treatment solutions. The use of ZLD systems is beneficial in enforcing the environment rules and regulations by efficient liquid waste discharge techniques. This increasing concern with environmental issues is therefore boosting the ZLD market with the need for compliance.
Coal fired power generation has alsbeen driven by the increase in energy and water demands which result from urbanization globally. With the manufacture of power plants, the release of the wastewater tthe water bodies must be regulated. This has greatly promoted the use of zerliquid discharge (ZLD) systems for dealing with and treating the industrial wastewater. Environmental consciousness and consequent regulatory demands alsencourage ZLD system deployment. Therefore, the ZLD market will alscontinue tgrow in the future years at a progressive rate.
Comprehensive Analysis of ZerLiquid Discharge Market
The zerliquid discharge market growth is rising at an exponential rate due tits market segmentation. This market expansion rightly provides a thorough market breakdown near tthe industry considering the leading supply and demand forces. These segmentations are methodically segregated by technology analysis, and by application analysis. By technology analysis includes thermal-based and membrane-based systems. By application analysis includes energy & power, food & beverages, chemical & petrochemical, textiles, pharmaceutical, others.
The North America region lead the zerliquid discharge market share by benefitting a market size of USD 0.24 billion in 2018 due tstringent environmental regulations and high industrial water usage.
The top players in the markets have a central responsibility in the energy & power industry tbe sure of industrial prospectus development and testablish the market norms. These players include, Fluence Corporation Limited, Aquarion Group, Arvind Envisol, SamcTechnologies, Inc., GE Water & Process Technologies, Aquatech, Veolia Water Technologies, SafBon Water Technology, GEA, Shiva Global Environmental Private Limited, Toshiba Infrastructure Systems & Solutions Corporation, Condorchem Envitech, HydrAir Research, and Lenntech these market players provide a level-playing competitive landscape.
In November 2019, Godavari Biorefineries Limited (GBL) inaugurated its upgraded zerliquid discharge (ZLD) facility in Sakarwadi, Maharashtra, utilizing advanced treatment techniques for contamination removal and purification.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2015-2026
Base Year - 2018
Forecast Period - 2019-2026
Historical Period - 2015-2017
Unit - Value (USD Billion)
By Technology
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