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Zero Liquid Discharge Systems Market Report 2024-2033 | Share, Trends, Demand, overview
Zero Liquid Discharge Systems Market
As per the report, the zero liquid discharge systems market size has grown strongly in recent years. It will grow from $6.01 billion in 2023 to $6.58 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The zero liquid discharge systems market size is expected to see strong growth in the next few years. It will grow to $9.3 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%.
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Rapid Urbanization Accelerates The Zero Liquid Discharge Systems Market Growth
The growth in urbanization is expected to propel the growth of the zero liquid discharge systems market going forward. Urbanization refers to the mass movement of populations from rural areas to urban areas. Urbanization favors the demand for zero liquid discharge systems due to the increasing need for energy and water. For example, according to a report released in June 2021 by the World Bank, a US-based financial institution, approximately 55% of people on the planet now reside in urban areas. This number is expected to exceed two-thirds of the world's population by 2050, with South Asia and Sub-Saharan Africa accounting for the majority of the new urbanization. Therefore, growth in urbanization is driving the growth of zero liquid discharge systems market.
Technological Innovation Drives Advancements In The Zero Liquid Discharge Systems Market
Technological innovation is a key trend gaining popularity in the zero liquid discharge systems market. Major companies operating in the market are focused on innovating new products to strengthen their market position. For instance, in April 2022, Veolia Water Technologies, a France-based water service company, introduced the Barrel, a plug-and-play reverse osmosis (RO) technology that is a new disruptive technology for desalination and water reuse. The Barrel is a vessel with several reverse osmosis (RO) elements that are supposed to be a plug-and-play solution. It can also be used in place of conventional RO membranes and nanofiltration skids for a more cost-effective, long-term, and creative solution, and has only two high-pressure connections that make it safer for operators. The barrel also has a built-in digitalization system with smart connections that provide real-time status updates on the state of each membrane and can reduce the carbon footprint by 25%.
The zero liquid discharge systems market covered in this report is segmented -
1) By System: Conventional ZLD systems, Hybrid ZLD systems
2) By Process: Pretreatment, Filteration, Evaporation
3) By Technology: Thermal based, Membrane based
4) By Application: Power generation, Oil & Gas, Chemicals & Petrochemicals, Mining and metallurgy, Pharmaceuticals, Other Applications (Food)
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Major companies operating in the zero liquid discharge systems market report are Alfa Laval AB, Aquatech International LLC, ENCON Evaporators, GEA Group, Oasys Water Inc., Veolia Water Technologies, Suez SA, Condorchem Envitech, Evoqua Water Technologies LLC, Aquarion AG, IDE Technologies Ltd., Thermax Global, GE Water & Process Technologies, 3v Green Eagle SpA, Doosan Hydro Technology, Praj Industries Limited, Andritz AG, H2O GmbH, SafBon Water Technology (Shanghai) Co. Ltd., Ion Exchange India Ltd., Toshiba Infrastructure Systems & Solutions Corporation, Petro Sep Corporation, Fluence Corporation Limited, Ion Exchange (India) Ltd., Kurita Water Industries Ltd., Arvind Envisol Limited, Hydro Air Research Italia S.r.l., Samco Technologies Inc., Lenntech B.V., Saltworks Technologies Inc.
Contents of the report:
1. Executive Summary
2. Zero Liquid Discharge Systems Market Report Structure
3. Zero Liquid Discharge Systems Market Trends And Strategies
4. Zero Liquid Discharge Systems Market - Macro Economic Scenario
5. Zero Liquid Discharge Systems Market Size And Growth
…..
27. Zero Liquid Discharge Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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