Statistics of Zero
Liquid Discharge Systems Market
covering market size, industry share numbers, regional outlook, competitive
landscape with data about leading companies is now available in the latest
report by Global Market Insights, Inc.
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.
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.
Reasons to Buy This Report
•
Global Zero Liquid Discharge Systems Market size & forecast by product
& application.
•
Growth drivers, pitfalls & industry challenges.
•
Key Zero Liquid Discharge Systems Market growth opportunities & emerging
business models.
•
Competitive benchmarking with market share analysis and company
profiles.
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