Zero Liquid Discharge Market to Rise at 12.1% CAGR till 2026; Increasing Focus on Wastewater Reuse to Foster Stable Market Growth

March 25, 2020 | Energy & Power

The global zero liquid discharge market size is projected to reach USD 1.76 billion by 2026 owing to growing preference for membrane-based systems for filtration purposes. This information and other insights are shared in the Fortune Business Insights™ report, titled “Zero Liquid Discharge Market Size, Share and Industry Analysis, By Technology (Thermal Based, Membrane Based), By Application (Energy & Power, Food & Beverages, Chemical & Petrochemical, Textiles, Pharmaceutical, Others), and  Regional Forecast, 2019 to  2026”. The report further states that the value of this market was at USD 0.71 billion in 2018 and is expected to exhibit a CAGR of 12.1% from 2019 to 2026.


Aquarion Group’s H+E MFT Wins Water Treatment Project in Saudi Arabia


In August 2018, the Swiss advanced water solutions provided Aquarion Group announced that its German subsidiary H+E MFT based in Cologne has bagged a water treatment project in Saudi Arabia. Under the contract, the company will design, construct, test, and install a water treatment facility in Saudi Arabia, supplying around 50,000 m3/day drinking water to an end-user in the country’s utilities sector. The plant will comprise of six production lines and 42 modularized containers with an integrated zero liquid discharge (ZLD) system. Development of such advanced water treatment and reuse solutions is fast-emerging as one of the leading zero liquid discharge market trends. More importantly, players in this market are tapping regions where there is acute water scarcity, which is animating the market further.


To Get the detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/zero-liquid-discharge-market-100816


Strict Implementation of Norms Regulating Discharge to Boost the Market


The ZLD market demand is set to spike as governments the world over tighten regulations to effectively monitor industrial water discharge and treatment. Wastewater created by industrial processes is a cesspool of extremely toxic compounds and metals and if this water is released into water bodies untreated, it can have adverse and long-term effects on marine ecology. As a result, regulatory bodies are imposing rigorous restrictions on industries to reduce water pollution and emissions from the wastewater produced. For instance, the US Environment and Protection Agency (EPA) initiated the National Pollutant Discharge Elimination System (NPDES) to establish limits and conditions for discharge of municipal wastewater and provide guidelines on how this wastewater needs to be treated before getting discharged.


Portfolio Expansion to Spur Innovation among Competitors


According to the ZLD systems market analysis, this market is headed for a period of vibrant competition on account of portfolio diversification activities undertaken by major companies such as Veolia and Toshiba. Launch of novel solutions with an aim of strengthening and upgrading existing offerings has made smaller, yet important, players to sit up and take notice. As a result, most of the serious competitors have been spurred into action and many of them are taking definitive steps to ramp up their investment in R&D and overall innovation.


Industry Development:



  • July 2019: The Desalination Technology Research Institute (DTRI) of the Saline Water Conversion Corporation (SWCC), the Saudi Arabian desalinization major, developed the Dual Brine Concentrator. The technology utilizes available membranes to produce high-value brine products to cater to the chemical industry in particular and other industries in general.


List of Top Companies Profiled in the Zero Liquid Discharge Market Report:



  • Hydro Air Research (Italy)

  • Toshiba Infrastructure Systems & Solutions Corporation (Japan)

  • GEA (USA)

  • Veolia Water Technologies (France)

  • GE Water & Process Technologies (USA)

  • Arvind Envisol (India)

  • Fluence Corporation Limited (USA)

  • Lenntech (Netherlands)

  • Condorchem Envitech (Spain)

  • Shiva Global Environmental Private Limited. (India)

  • SafBon Water Technology (USA)

  • Aquarion Group (Switzerland)


Further Report Findings:



  • With a market size of USD 0.24 billion in 2018, North America is poised to have a commanding hold on the zero liquid discharge market share in the foreseeable future. The primary cause for this is the tax exemptions and other incentives offered by the US and Canadian governments to industries installing ZLD systems.

  • Proactive government intervention to bring down pollution levels will be the key driver for the market in Asia-Pacific, while high investment in wastewater treatment will fuel the market in Europe.

  • The energy and power segment (by application) led the ZLD market share at 37.6% in 2018 and the segment is expected to continue its dominance owing to rapid population growth and urbanization especially in emerging economies.


Global Zero Liquid Discharge Market Scope Table of Segmentation:










































 ATTRIBUTE



 DETAILS



Study Period



  2015-2026



Base Year



  2018



Forecast Period



  2019-2026



Historical Period



  2015-2017



Unit



  Value (USD Billion)



By Technology




  • Thermal Based

  • Membrane Based



By Application




  • Energy & Power

  • Food & Beverages

  • Chemical & Petrochemical

  • Textiles

  • Pharmaceutical

  • Others



By Region




  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

  • Latin America (Brazil, Mexico and Rest of Latin America)


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