Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Zero Liquid Discharge (ZLD) Market (By End User Industry: Energy and Power, Food and Beverages, Chemicals and Petrochemicals, Textile, Pharmaceuticals) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026”.
LOS ANGELES, April 03, 2019 (GLOBE NEWSWIRE) -- The Zero Liquid Discharge (ZLD) market is predicted to register CAGR of 11.5% over upcoming forecast years. The global Zero Liquid Discharge (ZLD) market is projected to touch the value of nearly USD 1.9 billion by 2026.
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Increasing demand for clean water is anticipated to propel global Zero Liquid Discharge (ZLD) market. Also, the global zero liquid discharge market growth is majorly driven by the rising contamination of water utilities due to disposal of brine concentrates. In addition, the growing demand from the emerging economies backed by changing environmental conditions is also expected to fuel the demand for zero liquid discharge.
The applications and benefits of zero liquid discharge systems are irreplaceable as this system helps in achieving multiple outcomes to industries and other end users. The Zero Liquid Discharge system helps in effective handling of variations in waste contamination and flow, and allows volumes adjustments required in chemicals. This system also helps in recovery of around 95% of liquid waste for reuse.
The global Zero Liquid Discharge (ZLD) market is segmented into end user industry and region. On the basis end user industry, the global Zero Liquid Discharge (ZLD) market is segmented into food and beverages, chemicals and petrochemicals, textile, energy and power, and pharmaceuticals. On the basis of region the global Zero Liquid Discharge (ZLD) market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.
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Strict government regulations forces the industries and other entities to adopt the water quality controlling techniques such as Zero Liquid Discharge systems to maintain a treatment process and limit the wastage of water. Due to the effect of harmful waste water and its content, currently there is increase in awareness about environment protection. To control the water quality, the organizations at international level are coming together to take remarkable initiative and prevent water quality degradations. For ensuring this, regulatory bodies monitoring the wastewater discharge and their limits across the world are implementing stringent policies, standards, and guidelines for operating entities such as industrial plants and municipal bodies. Through this norms, governments are forcing them to meet zero liquid discharge norms to restrain the degradation of water quality of their respective countries. For instance, The Environment Protection Agency in the United States enforces the Effluent Limitation Guidelines (ELGs) for controlling water quality. The Secretariat of Environment and Natural Resources (SEMARNAT) operating in Mexico have established wastewater effluent discharge limit mandates. Hence, such government regulations are expected to boost the demand for Zero Liquid Discharge systems over upcoming years.
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North America was the prominent region regarding the demand for Zero Liquid Discharge. The stringent government regulations for controlling the water quality and rising need for controlling the water quality is propelling the market growth in this region. In addition, the availability of strong capital expenditure required to establish the Zero Liquid Discharge systems at industrial locations in this region is accelerating the demand for this process. Europe is second largest market in terms of demand for the Zero Liquid Discharge as the industries including food and beverages, textile, and others present in this region are on of highest adopters of Zero Liquid Discharge systems to control the wastewater quality.
The APAC region is expected to register highest CAGR growth rate as compared to other regions in terms of demand for Zero Liquid Discharge over forecast period. The factors such as rapid urbanization and increasing industrialisations in the emerging economies such as India, China, and others present in this region are expected to fuel demand for Zero Liquid Discharge. Also, increasing population in this region is creating issues such as scarcity of water in this region and such parameters are expected boost the demand for Zero Liquid Discharge is the APAC region.
The growth of market is also driven by increasing research and development activities by some of the leading manufacturers of Zero Liquid Discharge (ZLD). The players catering to global Zero Liquid Discharge (ZLD) market includes Bionics Advanced Filtration Systems (P) Ltd., Aquatech International LLC, GEA Group Aktiengesellschaft, SUEZ, ENCON Evaporators, AQUARION AG, Veolia, Thermax Global, Oasys Water, Transparent Energy System Private Ltd., Dew EnvirotechPvt. Ltd, ArvindEnvisol Limited, ALFA LAVAL, 3V Green Eagle S.p.A., Praj Industries, Kelvin Water Technologies Pvt. Ltd., Austro Chemicals & Bio Technologies Pvt Ltd.
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