Zero Liquid Discharge System Market Key Players, Growth rate, Size, Share, Demands, Trends and Forecasts to 2029

The global Zero Liquid Discharge System market was valued at US$ 4.77 billion in 2022 and is anticipated to reach US$ 7.08 billion by 2029, witnessing a CAGR of 5.80% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.

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The major global manufacturers of Zero Liquid Discharge System include Veolia (SUEZ), Evoqua Water Technologies (Xylem), Aquatech, Veolia Water Technologies, GEA, Alfa Laval, Mitsubishi Chemical Corporation, Aquarion AG, IDE Technologies, and Praj Industries, etc. In 2022, the world's top five vendors accounted for approximately 51% of the revenue.

The zero liquid discharge (ZLD) system market is expected to witness significant growth in the coming years due to the increasing need for water conservation, stringent regulations on wastewater discharge, and the growing demand for ZLD systems in various end-use industries. A zero liquid discharge system is an advanced water treatment system that eliminates liquid waste by recovering all of the wastewater generated in a process and converting it into clean water and solid waste.

The ZLD system market can be segmented based on system type, end-use industry, and geography. Based on system type, the market can be segmented into conventional ZLD systems and hybrid ZLD systems. The hybrid ZLD systems segment is expected to hold the largest market share due to their high efficiency and cost-effectiveness.

Based on end-use industry, the market can be segmented into energy and power, chemicals and petrochemicals, food and beverages, pharmaceuticals, textiles, and others. The energy and power segment is expected to hold the largest market share due to the increasing demand for ZLD systems in power plants for wastewater treatment and the recovery of clean water.

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Geographically, Asia-Pacific is expected to hold the largest market share due to the increasing industrialization and urbanization in the region, the growing demand for water conservation, and the stringent regulations on wastewater discharge in the region. China and India are expected to be the largest consumers of ZLD systems in the region.

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This release was published on openPR.