Zero Liquid Discharge Systems Market worth $8.1 billion by 2023, at a CAGR of 8.3%

Zero Liquid Discharge Systems Market worth $8.1 billion by 2023, at a CAGR of 8.3%

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Zero Liquid Discharge Systems Market by System (Conventional, Hybrid), Process (Pretreatment, Filtration, Evaporation & Crystallization), End-Use Industry (Energy & Power, Chemicals & Petrochemicals, Food & Beverages), and Region

The zero liquid discharge systems market is estimated at USD 5.4 billion in 2018 and is projected to reach USD 8.1 billion by 2023, at a CAGR of 8.3% from 2018 to 2023. Increasing regulations on the disposal of brine concentrates have led to the demand for zero liquid discharge systems from end-use industries. Zero liquid discharge systems are used to remove concentrates from processes such as cooling tower blowdown and flue gas desulphurization, among others. Major end-use industries of zero liquid discharge systems include energy & power, chemicals & petrochemicals, food & beverages, textiles, pharmaceuticals, semiconductors & electronics, and others. Zero liquid discharge systems also find application in the energy & power industry where they are used to treat large volumes of waste water before being released into the environment or bringing it back to the process.

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The conventional ZLD system segment is projected to lead the market

Based on system, the conventional ZLD system segment is estimated to lead the zero liquid discharge systems market during the forecast period from 2018-2023. This growth can be attributed to strict environmental regulations that have forced small-to-large companies to install zero liquid discharge systems. The conventional ZLD system has a standard process for the treatment of effluents and sludge and is widely adopted due to its economical nature. Conventional ZLD systems are widely used across end-use industries for low to medium flowrate effluent plants.

The pretreatment segment is projected to grow at the highest CAGR

Based on process, the pretreatment segment is projected to grow at the highest CAGR owing to the rising need to treat effluents to eliminate contaminants present in the wastewater prior to its further processing through zero liquid discharge systems. This involves chemical and/or biological treatment of effluents for further processing. The biological treatment method is majorly opted for by end-use industries, such as food & beverages, and pharmaceuticals to treat effluents, whereas the chemical treatment method is majorly adopted in industries such as energy & power, chemicals & petrochemicals, and textiles, among others.

By region, the zero liquid discharge market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. The North America region was the largest market for zero liquid discharge systems in 2017 and is expected to continue to lead in the coming years. This region is witnessing a high demand for zero liquid discharge systems from various end-use industries such as energy & power, chemicals & petrochemicals, food & beverages, textiles, pharmaceuticals, and semiconductors & electronics. Employment of stringent environmental regulations by countries such as the US and Canada among others, especially in the energy & power end-use industry, have led to an increase in the demand for zero liquid discharge systems in the region.

Key players in the zero liquid discharge systems market are Aquatech International LLC (US), SUEZ water technologies & solutions (US), Veolia Water Technologies (France), GEA Group (Germany), Praj Industries Ltd. (India), H2O GmbH (Germany), US Water Services (US), Aquarion AG (Switzerland), Doosan Hydro Technology LLC (US), Petro Sep Corporation (Canada), IDE Technologies (Israel), Degremont Technologies Ltd. (Switzerland), Oasys Water, Inc. (US), and Saltworks Technologies Inc. (Canada), among others.  

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