Dublin, Sept. 04, 2023 (GLOBE NEWSWIRE) -- The "Zero Liquid Discharge Market by Process Application and Geography - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global zero liquid discharge market is poised for substantial expansion, projected to reach a substantial value of $11.7 billion by the year 2030
This growth trajectory is underpinned by a robust compound annual growth rate (CAGR) of 8.8% during the forecast period spanning from 2023 to 2030. Zero liquid discharge (ZLD), a pivotal water treatment technique, plays a crucial role in purifying and recycling liquid waste emanating from industrial facilities.
This innovative approach eliminates liquid waste by replacing it with purified water that is subsequently reintegrated into the process, accompanied by minimal solid residues. Such residues often encompass valuable byproducts, which can either be repurposed or sold.
The versatility of ZLD makes it a viable solution across diverse sectors including power generation, chemical refining, fuel production, mining, distillation, food manufacturing, and waste treatment. While ZLD offers myriad benefits, its intricate customization for each process's unique requirements remains a challenge.
Nevertheless, the market's growth is sustained by the imperative to comply with wastewater treatment regulations, address water scarcity, and recover valuable resources, despite challenges associated with costs and infrastructure upgrades.
Based on process, the global zero liquid discharge market is segmented into pre-treatment technology, evaporation process, crystallization process, solid waste handling process, and other processes.
The pre-treatment technology segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the stringent environmental regulations and wastewater discharge limits imposed by authorities that incentivize industries to implement sustainable practices like ZLD.
Furthermore, growing concerns over water scarcity and the need for freshwater conservation push industries to reduce their water footprint and maximize water recovery through ZLD systems. In addition, the potential cost savings achieved by recovering valuable resources from wastewater and reducing freshwater intake make ZLD an attractive solution for industries.
Based on application, the global zero liquid discharge market is segmented into non-industrial and industrial. The non-industrial segment is expected to register a higher CAGR during the forecast period.
The adoption of ZLD technologies by municipalities and hospitals drives the segment's growth, leading to increased investments and advancements in ZLD technologies. Moreover, the need for regulatory compliance, hazardous waste management, infection control, water conservation, and resource management are key factors driving the adoption of ZLD systems across non-industrial sectors worldwide.
The market in Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth of this regional market is driven by the growing demand for advanced treatment solutions, advancements in membrane technology, environmental deterioration, declining availability of clean water, and increased research & development expenditures.
Key Questions Answered in the Report:
- Which are the high-growth market segments in terms of process, application, and geography?
- What is the historical market size for the zero liquid discharge market across the globe?
- What are the market forecasts and estimates for the period 2023-2030?
- What are the major drivers, restraints, opportunities, and challenges in the global zero liquid discharge market?
- Who are the major players in the market, and what are their market shares?
- How is the competitive landscape for the global zero liquid discharge market?
- What are the recent developments in the global zero liquid discharge market?
- What are the different strategies adopted by the major players in the market?
- What are the key geographic trends, and which are the high-growth countries?
- Who are the local emerging players in the global zero liquid discharge market, and how do they compete with other players?
Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Development, and SWOT Analysis of Top Three Companies)
- 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.
- Condorchem Envitech
Scope of the Report:
Zero Liquid Discharge Market Assessment - by Process
- Pre-treatment Technology
- Membrane-based Technology
- Reverse Osmosis
- Ultrafiltration
- Electrodialysis
- Membrane Bioreactor
- Forward Osmosis
- Other Membrane-based Technologies
- Biological Treatment Technology
- Chemical Treatment Technology
- Other Pre-treatment Technologies
- Evaporation Process
- Crystallization Process
- Solid Waste Handling Process
- Other Processes
Zero Liquid Discharge Market Assessment - by Application
- Non-industrial
- Municipal
- Hospital
- Industrial
- Power Generation
- Food & Beverage
- Oil & Gas
- Mining & Minerals
- Chemicals
- Agrochemicals
- Electronics & Semiconductors
- Textiles
- Environment
- Other End-use Industries
Zero Liquid Discharge Market Assessment - by Geography
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Taiwan
- New Zealand
- Rest of Asia-Pacific
- North America
- U.S.
- Canada
- Europe
- France
- Germany
- U.K.
- Italy
- Spain
- Denmark
- Sweden
- Rest of Europe
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- Rest of the Middle East & Africa
For more information about this report visit https://www.researchandmarkets.com/r/9cp6yp
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