Zero Liquid Discharge Market Estimates The Market Size - Strategic Assessment and Forecast Till 2021 to 2031

Global zero liquid discharge sales are set to be valued at US$ 744.6 Mn in 2021, with steady long-term projections, according to latest insights by Persistence market Research. The report estimates the market to expand at 8 to 9% CAGR from 2021 to 2031.

Constant demand from heavy end-use industries is driving market growth on a global scale. The fact that there is a zero liquid discharge system design that is suitable for almost any application involving wastewater makes aids constant market expansion.

CLICK HERE TO GET A SAMPLE REPORT (INCLUDING FULL TOC, TABLE & FIGURES) - https://www.persistencemarketresearch.com/samples/12307

However, demand for zero liquid discharge plunged in 2020 due to the COVID-19 pandemic, as manufacturers faced supply chain constraints. Moreover, manufacturing facilities put their production on hold in order, adhering to government regulations. Not just 2020, but 2021 is also expected to be affected by numerous factors like socio-political changes happening worldwide.

Nevertheless, there are numerous developments taking place across the landscape:

For instance, in August 2021, WABAG expanded its global footprint with a technologically advanced oil & gas order worth US$ 165 Mn at Amur Gas Chemical Complex LLC., ('AGCC') in Russia. The facility will have a concentrate evaporator unit to maintain ZLD.
Key Takeaways from Market Study

Persistence Market Research predicts healthy industrial sector growth rate in economies such as Brazil, India, the Middle East, and Africa, where demand for ZLD will be decent.

Chemicals & petrochemicals estimated to account around 16% market share.
Power generation will be another prominent application of zero liquid discharge systems.

GET A CUSTOMIZED SCOPE TO MATCH YOUR NEED ASK AN EXPERT - https://www.persistencemarketresearch.com/ask-an-expert/12307

The global zero liquid discharge market witnessed a slump in 2020 due to the COVID-19 pandemic, with a recorded growth of -0.5%.
The market in GCC Countries is projected to expand at a CAGR around 8%, while that in ASEAN at close to 11%, through 2031.

The market in India is set to surge at greater than 11% CAGR, while in the rest of South Asia & Pacific at around 12%, over the next ten years.

"The market may see some more downturns in 2021 as well, owing to reduced cash collection in 2020, but after a few quarters thereafter, the scenario will be better.

With depleting freshwater resources and long-term overhead reduction in resource utilization and effluent treatment systems, ZLD is expected to be a viable option for existing treatment facilities as well as for new unit installations in respective end-use industries," says a Persistence Market Research Analyst.

GAIN COMPLETE ACCESS TO THE REPORT - https://www.persistencemarketresearch.com/checkout/12307

Competitive Landscape

The market is fragmented with key players accounting for more than 50% of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in this industry are GEA Group AG, VA Tech Wabag, Doosan Corp., Veolia Water Technologies, SUEZ Water Technologies & Solutions, and IDE Technologies.

Explore PMR's Extensive Coverage on Industrial Automation Domain -

Air Treatment Product Market - Global Market Study on Air Treatment Products: Demand for Air Purifiers and Humidifiers to Remain High: https://www.globenewswire.com/en/news-release/2022/02/24/2391696/0/en/Air-Treatment-Product-Market-is-projected-to-expand-at-nearly-10-CAGR-over-the-2021-2031-assessment-period.html

Industrial Racking System Market - Global Market Study on Industrial Racking System: Growth of E-commerce and 3PLs to Create Lucrative Opportunities: https://www.globenewswire.com/en/news-release/2022/02/22/2389592/0/en/Industrial-Racking-System-Market-is-set-to-witness-health-growth-at-a-CAGR-of-above-7-over-the-period-of-2020-to-2030.html

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.