The zero liquid discharge systems market size is expected to reach US$ 4.8 billion by 2028, registering at a CAGR of 10.9% from 2021 to 2028, according to a new research study conducted by The Insight Partners.
Rising Adoption of Zero Liquid Discharge Systems in Power Generation Industry is Catalyzing Zero Liquid Discharge Systems Market Growth
Zero Liquid Discharge Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage:by System (Conventional Zero Liquid Discharge Systems, Hybrid Zero Liquid Discharge Systems); Process (Pretreatment, Filtration, Evaporation, Crystallization); End-Use Industry (Energy and Power, Chemicals and Petrochemicals, Food and Beverages, Textiles, Pharmaceuticals, Semiconductors and Electronics, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
Zero Liquid Discharge Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
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Zero Liquid Discharge (ZLD) is regarded as one of the most efficient techniques which aids in recovering the water and dissolved solids in it, with improved efficiency. ZLD is the need of the 21st century, industrialization has put emphasis on higher productivity, low-cost profitable ventures and sustainability.
By using Zero Liquid Discharge technology, conservation of natural water resources can be enables and reusing the water by recovery methods up to 75-90% is possible. Apart from that, the technology can enable reduction of the process economy since most of this water is indigenous and little amounts of additional water is required from external sources to feed the industrial units, as mandatory regulations for wastewater disposal have been imposed and it has become mandatory for industries to look into the treatment techniques by protection of natural resources and simultaneously revenue generation from the same. Coal-fired power facilities in China produce almost 70% of the nation’s total electricity.
For instance, in China, most thermal power facilities are situated in areas with limited water supplies. The struggle between China's water shortage and energy demand is what is driving up demand for ZLD there. Over the next twenty-five years, it is estimated that more than 2457 gigawatts (GW) of electricity capacity would be installed globally, according to the world energy outlook of the International Energy Agency. The US had 94 operating commercial nuclear reactors at 56 nuclear power stations in 28 states as of January 2021. Between 2021 and 2022, two more brand-new reactors are anticipated to start.
Additionally, as of June 2021, the yearly output capacity for 2.28 billion tonnes for the world's coal producer planned total of 432 new mining projects. More than 75% of the new projects are from China, Australia, India, and Russia. Additionally, a production capacity of 452 million metric tonnes of yearly production is being built by China. Owing to this, the power generating industry has huge prospects for the ZLD technology during the projection period.
Aquarion AG; Aquatech International LLC; GE Water & Process Technologies; GEA Group AG; H2o GmbH; Ide Technologies; Petro Sep Corporation; Praj Industries Ltd.; U.S. Water Services, Inc.; and Veolia Water Technologies are among the key zero liquid discharge systems players profiled during the study. Several other major companies were studied and analyzed during this research study to get a holistic view of the zero liquid discharge systems market and its ecosystem.
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