Press release
Zero Liquid Discharge Market Set to Reach $11.7 Billion by 2030 : Meticulous Research®
According to a new market research report titled, 'Zero Liquid Discharge Market by Process (Pre-treatment Technology, Evaporation Process, Crystallization Process, Solid Waste Handling Process and Other Processes) Application (Non-industrial and Industrial) and Geography-Global Forecast to 2030,' the zero liquid discharge market is expected to reach $11.7 billion by 2030 from an estimated $6.4 billion in 2023, at a CAGR of 8.8% during the forecast period (2023-2030).The growth of the zero liquid discharge market is driven by the need to meet wastewater treatment regulations, a lack of available water and wastewater disposal options, and the scarcity of freshwater sources. However, high installation, maintenance, and operating costs and intensive energy consumption restrain the growth of this market.
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The key points from the report include:
1. Market Overview:
• The global zero liquid discharge market is anticipated to reach USD 11.7 billion by 2030, with a projected CAGR of 8.8% from 2023 to 2030.
• Driving factors include the necessity to comply with wastewater treatment regulations, limited water disposal options, and the global scarcity of freshwater sources.
2. Challenges:
• Challenges include high installation, maintenance, and operating costs, as well as intensive energy consumption.
• Upgrading and repairing aging water infrastructure present a major hurdle for the zero liquid discharge market.
3. Opportunities:
• The recovery of valuable resources and the increasing demand for energy-efficient and advanced water treatment solutions present growth opportunities for the market.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/zero-liquid-discharge-market-5568
4. Segmentation:
• The market is segmented based on processes (pre-treatment technology, evaporation process, crystallization process, solid waste handling process, and other processes).
• Pre-treatment technology is expected to dominate the market share due to stringent environmental regulations, water conservation needs, and potential cost savings.
• Non-industrial applications are projected to hold the largest market share in 2023, driven by increased adoption in municipalities and hospitals.
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5. Geographical Analysis:
• Asia-Pacific is anticipated to lead the market in 2023, driven by the growing demand for advanced treatment solutions, environmental concerns, declining clean water availability, and increased R&D expenditures.
Key Players:
AQUARION AG, Veolia Environnement SA, Aquatech International LLC, GEA Group Aktiengesellschaft, DuPont de Nemours, Inc., Evoqua Water Technologies LLC, H2O GmbH, IDE Technologies, SafBon Water Service, Saltworks Technologies Inc., WOG Technologies, Thermax Limited, Petro Sep Corporation, Samco Technologies, Inc., and Condorchem Envitech are identified as key players in the global zero liquid discharge market.Overall, this report provides a comprehensive understanding of the zero liquid discharge market, helping stakeholders make informed decisions in this rapidly evolving industry.
Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5568
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Industrial Wastewater Treatment Market by Offering (Treatment Technologies, Treatment Chemicals, Process Control & Automation, Design, Engineering, and Construction Services, Operation & Maintenance services), Application-Global Forecast to 2029
https://www.meticulousresearch.com/product/industrial-wastewater-treatment-market-5170
Water and Wastewater Treatment Technologies Market, by Type (Membrane Separation & Filtration, Sludge Management Technology, Activated Sludge), Application (Municipal, Residential, Industrial), and Geography - Global Forecasts to 2029
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