Press release
Global Zero Liquid Discharge Systems Market is expected to grow at a CAGR of 8.64% during the forecast period from 2019-2025
Global Zero Liquid Discharge Systems Market 2019, Global Zero Liquid Discharge Systems Market Growth,Zero Liquid Discharge Systems
"Zero Liquid Discharge SystemsMarket by System (Conventional, Hybrid), Process (Pretreatment, Filtration, Evaporation & Crystallization), End User Industry, Regions",and Global Forecast 2018-2025.
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Key players in the globalzero liquid discharge systemsmarket are Aquatech International LLC, SUEZ water technologies & solutions, Veolia Water Technologies, GEA Group, Praj Industries Ltd., H2O GmbH, U.S. Water Services, Aquarion AG, Doosan Hydro Technology LLC, Petro Sep Corporation, Saltworks Technologies Inc., GEA Group Aktiengesellschaft, ENCON Evaporators, 3V Green Eagle S.p.A, Thermax Global, Oasys Water, Kelvin Water Technologies Pvt. Ltd., Transparent Energy System Private Ltd., and among others. Major companies are increasingly focusing on gaining the foothold in the high growth markets on China and India. For instance SUEZ water technologies & solutions in 2016, announced that it has won the three new industrial ZLD service contracts in China in the Oil & Gas and Petrochemicals sectors worth USD22 million.The contract includes the design, equipment supplying, site services and performance guaranteeing of over 600 m3/day crystallisation unit to equip the reuse wastewater treatment plant of the world's largest coal to olefins project in Ordos, North of China, Inner Mongolia.
System segment is divided into conventional and hybrid. Owing to factors such as wide application across various end-use industries as well as strict environmental regulations haveled various end user firms to install zero liquid discharge systems. Thus conventional zero liquid discharge systems emerged as the leading system segment with USD 3.19 billion revenue in 2017. Process segment is categorized into pretreatment, filtration, evaporation & crystallization. Due to growing demand for the pretreatment process for effluents for the purpose of eliminating the contaminants present in the wastewater prior to its further processing through zero liquid discharge systems, the pretreatment process segment is expected to grow at an accelerated CAGR of 10.89% over the forecast period.End user industry is segmented into energy & power, chemicals & petrochemicals, food & beverages, textiles, pharmaceuticals, semiconductors & electronics, others. Stringent environmental regulations that prohibit the discharge of concentrated effluents in water streams are being imposed on the energy and power industry. Thus energy & power industry was leading the global demand for the zero liquid discharge systems with USD 1.71 billion revenue in 2017.
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Although the factors such as implementation of stringent environmental regulations as well as growing emphasis on the water conservation are driving the global zero liquid discharge systems market, the high costs of installation and operation associated with the zero liquid discharge systems is projected to dampen the market growth.
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