The international Zero Liquid Discharge (ZLD) market is expected to reach USD 1.9 billion by the end of 2026, this industry is expected to grow with 11.5% CAGR during the coming years. Rapid industrialisation and increasing water pollution is propelling the Zero Liquid Discharge (ZLD) market growth.
Stringent Government Norms to boost market growth
Due to the effect of harmful waste water and its content, currently there is increase in awareness about environment protection. To control the water quality, the organizations at international level are coming together to take remarkable initiative and prevent water quality degradations. For ensuring this, regulatory bodies monitoring the wastewater discharge and their limits across the world are implementing stringent policies, standards, and guidelines for operating entities such as industrial plants and municipal bodies. Through this norms, governments are forcing them to meet zero liquid discharge norms to restrain the degradation of water quality of their respective countries.
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Such strict government regulations forces the industries and other entities to adopt the water quality controlling techniques such as Zero Liquid Discharge systems to maintain a treatment process and limit the wastage of water. Hence, such government regulations are expected to boost the demand for Zero Liquid Discharge systems over upcoming years.
Zero Liquid Discharge (ZLD) an advanced Water Treatment Approach
The zero liquid discharge systems is one of the advanced water treatment systems. The applications and benefits are irreplaceable as this system helps in achieving multiple outcomes to industries and other end users. The Zero Liquid Discharge system helps in effective handling of variations in waste contamination and flow, and allows volumes adjustments required in chemicals. This system also helps in recovery of around 95% of liquid waste for reuse. In addition, the Zero Liquid Discharge helps in retrieving valuable by-products from waste and treatment of waste. Such multiple all in one benefits of Zero Liquid Discharge system is expected accelerate the market growth over forecast period.
The global Zero Liquid Discharge (ZLD) market is segmented into end user industry and region.On the basis end user industry, the global Zero Liquid Discharge (ZLD) market is segmented into food and beverages, chemicals and petrochemicals, textile,energy and power, and pharmaceuticals. On the basis of region the global Zero Liquid Discharge (ZLD)market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.
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Asia Pacific is projected to be the fastest developing regional segment over the estimate time frame. The rapid increase in industrialisation and penetration of international brands in this region is boosting the Zero Liquid Discharge market growth in this region. Also, the government of major economies present in the APAC region such as India, China, Australia, and others are promoting the usage of advanced systems such as Zero Liquid Discharge to protect the existing water resources and maintain a freshwater balance. Such parameters are some of key facts which are boosting the adoption of Zero Liquid Discharge and hence driving the market growth.
Europe holds second position in terms of demand for the Zero Liquid Discharge as the industries including food and beverages, textile, and others present in this region are on of highest adopters of Zero Liquid Discharge systems to control the wastewater quality. North America was the prominent region regarding the demand for Zero Liquid Discharge. The stringent government regulations for controlling the water quality and rising need for controlling the water quality is propelling the market growth in this region. In addition, the availability of strong capital expenditure required to establish the Zero Liquid Discharge systems at industrial locations in this region is accelerating the demand for this process.
Some of the key players contributing in the global Zero Liquid Discharge (ZLD) market involves Aquatech International LLC, SUEZ, ENCON Evaporators, AQUARION AG, Veolia, Thermax Global, Oasys Water, Transparent Energy System Private Ltd., Austro Chemicals & Bio Technologies Pvt Ltd, Bionics Advanced Filtration Systems (P) Ltd., GEA Group Aktiengesellschaft, Dew Envirotech Pvt. Ltd, Arvind Envisol Limited, ALFA LAVAL, 3V Green Eagle S.p.A., Praj Industries, and Kelvin Water Technologies Pvt. Ltd..
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