Global Zero Liquid Discharge Market Estimated to Reach US$ 1,820.17 Mn by 2026
The global zero
liquid discharge market was valued at US$ 674.54 Mn in 2017 and is
anticipated to expand at a CAGR of around 12% from 2018 to 2026,
according to a new research report, published by Transparency Market
Research (TMR) titled ‘Zero Liquid Discharge Market – Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast,
2018–2026.’ Zero liquid discharge is a wastewater treatment
technique, wherein around 95%–99% of wastewater is recovered for
reuse. Since the technique recovers almost all water from the
wastewater stream, no liquid is discharged at the end of the process,
leaving only the solid residue behind. The process comprises several
steps such as reverse osmosis, ultrafiltration, fractional electrode
ionization, and evaporation & crystallization. ZLD plants are
designed in accordance with composition of the wastewater stream, the
flow rate to be handled by the system, and volume of contaminants
present in the stream. These plants are designed to handle
fluctuations in any of the above factors while providing effective
and efficient services.
Strict
Environment-related Regulations Likely to Drive Zero Liquid Discharge
Market
Regulatory
authorities and environment-related agencies are imposing strict
regulations and laws on the disposal of industrial wastewater. They
are installing ZLD plants, especially in industries generating large
amounts of wastewater. Scarcity of freshwater sources is another
driver of the Zero Liquid Discharge Market. With only 3% of the total
available water being fresh water, freshwater sources are under high
stress, due to increasing demand for water from communities and the
industrial sector. Therefore, industries are implementing ZLD in
order to reuse water from wastewater streams and reduce their demand
for freshwater. Rising power generation capacities are also estimated
to drive the demand for ZLD in the near future. Power plants, being
one of the major water polluters, have started implementing ZLD to
reuse water for boiler, cooling, and other non-potable applications.
Recovery of useful chemicals and minerals from leftover solid residue
after water recovery is another major diver of the market. However,
high capital and operating costs of ZLD plants can prove to be a
restraint of the market in the near future. Since a large amount of
energy is required for their operation, operating costs of ZLD plants
are high. This can hamper the rate of installation of these plants in
small-scale industries.
Ongoing efforts for
using less energy-intensive technology are expected to provide new
opportunities to the Zero Liquid Discharge Market in the next few
years. Technological advancements to reduce the amount of energy
required for the ZLD process are continuing. End-user industries are
trying innovative methods to decrease overall energy costs so as to
reduce their operating costs.
Energy & Power
Segment Expected to Lead Global Zero Liquid Discharge Market
In terms of end-user
industry, the zero liquid discharge market has been classified into
energy & power, food & beverages, chemicals &
petrochemicals, textile, pharmaceuticals, and others. Energy &
power was a dominant segment, accounting for over 40% of the market
share, in terms of value, in 2017. The segment is expected to
maintain its dominance during the forecast period. However, the
chemicals & petrochemicals segment is projected to expand at a
rapid pace during the forecast period.
Rise in Demand from
End-user Industries in Asia Pacific to drive the Market in the Region
In terms of region,
the global zero liquid discharge market has been segmented into North
America, Latin America, Europe, Asia Pacific, and Middle East &
Africa. Asia Pacific held a leading share of more than 40% of the
global market in 2017. This can be attributed to high demand for ZLD
from end-user industries in the region such as energy & power and
chemicals & petrochemicals, especially in developing countries
such as China and India. The market in the region is expected to
expand at a rapid pace during the forecast period, primarily due to
the implementation of stringent regulations imposed on industrial
wastewater disposal and diminishing sources of freshwater led by
increasing pollution in Asia Pacific, especially in China and India.
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Highly Competitive
Market with Presence of Several Local Players
Key players
operating in the global zero liquid discharge market and covered in
this report are Aquatech International LLC, Veolia, GEA Group
Aktiengesellschaft, SUEZ, ENCON Evaporators, AQUARION AG, 3V Green
Eagle S.p.A., Thermax Global, Oasys Water, Praj Industries, Kelvin
Water Technologies Pvt. Ltd., Transparent Energy System Private Ltd.,
Austro Chemicals & Bio Technologies Pvt Ltd, Bionics Advanced
Filtration Systems (P) Ltd., Dew Envirotech Pvt. Ltd, Arvind Envisol
Limited, and ALFA LAVAL
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