Global Zero Liquid Discharge System Market Set to Grow at Healthy CAGR of 8.4 %

Posted by ganesha on February 4th, 2020

Zero Liquid Discharge System Market report provides complete background analysis of the Chemical and Material industry which includes an assessment of the parental market. By thinking from customer point of view, a team of researchers, analysts and industry experts work carefully to generate this Zero Liquid Discharge System Market research report. A high quality global market research is brought together for the success of your business at international level. Competitor analysis is one of the most important aspects of market research report which helps businesses decide upon the strategies by comparing them with the competitors. Besides, this Zero Liquid Discharge System Market research report makes clients aware about the various strategies that are used by key players of the market.

Global zero liquid discharge system market is expected to register a substantial CAGR of 8.4% in the forecast period of 2019-2026. The rise in the market value can be attributed to the limited availability of fresh water and implementation of stringent environmental regulations and water scarcity across the global.

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Market Definition: Global Zero Liquid Discharge System Market

Zero liquid discharge (or ZLD) is a type of technique used for wastewater treatment, in which the wastewater is first recycled and then purified for further use. The process helps in eliminating leakage of water throughout the process, giving zero or no wastage of water. Zero liquid discharge systems are used in various industries such as semiconductors, pharmaceuticals, textiles, food & beverages, chemicals & petrochemicals and others.

Market Drivers:

• Implementation of stringent environmental regulations; this factor can act as a driver for the market in the forecast period
• Scarcity of water across the globe will also propel the market in near future
• Increasing demand of zero liquid discharge technique among the end-users will also help in the market growth
• Innovations and developments taking place in the manufacturing sector; this factor will also help the market to grow

 Market Restraints:

• High capital investment and operating expenditure of ZLD technique will act as a restraint for the market
• Lack of awareness regarding disposal of wastewater concentrates in various regions will also hamper the market growth

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Segmentation: Global Zero Liquid Discharge System Market

By System

• Conventional
• Hybrid

By Process

• Pre-treatment
• Filtration
• Evaporation
• Crystallization

By End-User

• Energy & Power
  • Power Generation
  • Oil Gas
• Chemicals & Petrochemicals
  • Chemical Processing
  • Petrochemical Processing
• Food & Beverages
  • Food Processing
  • Beverage Processing
• Textiles
• Pharmaceuticals
• Semiconductors & Electronics
• Others

Key Developments in the Market:

• In December 2018, Veolia Water Technologies launched a holistic digital solution named as, AQUAVISTA Plant, that gives real-time optimization of process performance with the help of intelligent software solutions. It has an auto-pilot mechanism that optimizes the entire wastewater system which includes treatment plants and sewer networks. The expansion will help the company to penetrate more in the zero liquid discharge market
• In May 2017, Praj Industries Ltd. has introduced a smart bio-refinery for chemicals & renewable fuels. It will help the company to manufacture ethanol from agri-waste with the help of enfinity, which is a proprietary platform technology made by the company. The process is equipped with zero liquid discharge system, which helps reusing the waste water

Competitive Analysis:

Global Zero Liquid Discharge System Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of zero liquid discharge system market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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