Zero Liquid Discharge Systems | Leading Player 2023-29

According to Precision Business Insights (PBI), the latest report, the zero liquid discharge systems market size was valued at USD 6,780.3 million in 2022, growing at an 8.3% CAGR during the forecast period 2023 to 2029. The primary drivers of the expansion of the global zero liquid discharge systems market include increase in population, increase in urbanization, and a high consumption of water by the industries and scarcity of fresh water for personal and domestic use. The increase in regulations related to waste water treatment has boosted the need of zero liquid discharge systems.

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Energy & Power Segment is expected to Dominate the Zero Liquid Discharge Systems Market:
Based on the end-use industry, the global zero liquid discharge systems market is segmented into Energy & Power, Chemicals & Petrochemicals, Food & Beverages, Textile, Pharmaceuticals, Electronics & Semiconductors, Others. The energy & power segment is expected to account for a larger revenue share in the global zero liquid discharge systems market. The thermal power industry which consumes the coal energy is considered as one of the key factors expected to enhance the zero liquid discharge system market in this segment. Countries like China and India has invested a in the energy & power sector which is the key factor to increase the demand of zero liquid discharge system market.

Asia Pacific Zero Liquid Discharge Systems Market:
The Asia Pacific zero liquid discharge systems market is expected to increase over the forecast period due to the strict rules and regulations implemented by the government of countries like China and India in order to save the environment from the hazardous waste water discharges from the industries into the oceans and sea. Several market players in this region have invested in research and development for zero liquid discharge system. Rapid growth of population and growing urbanization and industrial revolutions are the key driving factors in zero liquid discharge market in this region.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global Zero Liquid Discharge Systems market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In June 20221, Aquatech International announced about the joint venture with Upwell Water which is leading among the competitors and is technology-enabled water asset company. In September 2022, Veolia Water Technologies declared partnership with the Orange Business Services and introduced hubgrade a digital platform where the customers can remotely watch the water treatment plants and equipment.

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The Zero Liquid Discharge Systems market is segmented based on system, process, technology, end user industry, and geography.
Based on the system, the market is segmented into the following:
• Hybrid
• Conventional

Based on the process, the market is segmented into the following:
• Pre-Treatment
• Filtration
• Evaporation/Crystallization

Based on the end use industry, the market is segmented into the following:
• Energy & Power
• Chemicals & Petrochemicals
• Food & Beverages
• Textile
• Pharmaceuticals
• Electronics & Semiconductors
• Others

Based on the technology, the market is segmented into the following:
• Reverse Osmosis
• Ultrafiltration
• Evaporation/Crystallization

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

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Key players profiles in the Zero Liquid Discharge Systems market report are Aquatech internationals, Veolia, GEA Group AG, Alfa Laval AB, Praj Industries, Andritz AG, H20 GmbH, Aquarion AG, Condorchem envitech, Safbon Water Technology, Ion Exchange India Ltd, Toshiba Infrastructure Systems & Solutions, Petro Sep.

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