Overview and Scope
Zero liquid discharge (ZLD) is a systemic wastewater management system that assures that no industrial wastewater is discharged into the environment. It is achieved by recycling wastewater and then retrieving and reusing it for industrial purposes.
Sizing and Forecast
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 growth in the historic period can be attributed to stringent environmental regulations, industrial water scarcity concerns, rising costs of water disposal, waste minimization and resource recovery, growing awareness of environmental impact, industry-specific compliance, government incentives and subsidies..
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%. The growth in the forecast period can be attributed to growing popularity in emerging economies, integration with smart water management, increasing focus on energy efficiency, demand from power generation industry, expanding chemical and petrochemical sectors, global efforts for sustainable development.. Major trends in the forecast period include growing focus on water conservation, expanding applications in various industries, integration of advanced technologies, focus on resource recovery, increasing investments in industrial water treatment, public-private partnerships..
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Segmentation & Regional Insights
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)
North America was the largest region in the zero liquid discharge systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the zero liquid discharge systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting 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.
Key Industry Players
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.
The zero liquid discharge systems market report table of contents includes:
1. Executive Summary
2. Zero Liquid Discharge Systems Market Characteristics
3. Zero Liquid Discharge Systems Market Trends And Strategies
4. Zero Liquid Discharge Systems Market – Macro Economic Scenario
5. Global Zero Liquid Discharge Systems Market Size and Growth
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31. Global Zero Liquid Discharge Systems Market Competitive Benchmarking
32. Global Zero Liquid Discharge Systems Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Zero Liquid Discharge Systems Market
34. Zero Liquid Discharge Systems Market Future Outlook and Potential Analysis
35. Appendix
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