Global Zero Liquid Discharge Market to Reach a Valuation of US$
1,002.4 Mn by 2025-End
Several water treatment facilities across the globe have started using zero liquid
discharge (ZLD) technology for purifying wastewater. This new-age technology is
capable of recycling and decontaminating wastewater without letting a single drop of
water go to waste at the end of the treatment cycle. Enforcement of stringent laws on
waste water management is expected to further drive the adoption of ZLD technology
in the near future. Per the latest Persistence Market Research (PMR) report, sales
revenue from ZLD projects worldwide is expected to reach US$ 513.9 Million by
2017-end.
Key Factors Driving the Global Market for Zero Liquid Discharge Include:
1. Growing global crisis of freshwater
2. Robust adoption of technologies such as the ZLD in the power generation
sector
3. Increasing application of ZLD in desalination
4. Usage of ZLD technology in recovering of valuable Minerals & compounds
PMR in its outlook, titled “Zero Liquid Discharge Market: Global Industry Analysis
and Forecast, 2017-2025” projects that the ZLD market in APAC will maintain its
top position throughout the assessment period. Towards the closing end of the
forecast period, the region’s ZLD market estimate to reach a valuation of US$ 434.4
Million, expanding at 10.8% CAGR. Meanwhile, adoption of ZLD in Latin America
will remain robust, despite having a significantly smaller market size as compared to
other key regions. In North America, power generation plants are major implementers
of ZLD, supporting the growth of the ZLD market in the region over the recent past.
The North America ZLD market is estimated to reach US$ 243.9 Million by the end
of the forecast period, creating an incremental opportunity of US$ 109.8 Million
between 2017 & 2025.
Key insights compiled in the report reveal that the new water management laws
introduced in India, China and Mexico is further expanding applications of ZLD
technologies in these countries. Nonetheless, the high cost of setup and maintenance
continue to be a major drawback of the technologies. Moreover, the arrival of
alternative water treatment techniques is likely to hamper the growth of the market.
Which is why manufacturers are actively focusing on further innovations in ZLD to
reduce technological complications while its implementation. Veolia Water
Technologies, Doosan Hydro Technology, Suez Environnement, GE Water &
Process Technologies, Aquatech International LLC, GEA Group, Aquarion AG, IDE
Technologies, Alfa Laval Corporate AB, Thermax Global, ENCON Evaporators,
U.S. Water Services, 3V Green Eagle S.p.A. are some of the leading companies
operating in the global market for zero liquid discharge.
Download Report Table of Content, Figures, and Tables @
http://www.persistencemarketresearch.com/market-research/zero-liquid-discharge-market/toc
Additional Highlight from the Report Include:
1. On the basis of system type, demand for hybrid ZLD technology will continue
to gain traction is the forthcoming years. By 2017-end, hybrid ZLD technology
is expected to account for a value share of 64.0%.
2. The PMR report identifies that application of zero liquid discharge in power
generation is expected to remain high throughout the forecast period. In the
power generation industry, ZLD technology primarily finds its applications in
treating power plant effluent discharges from cooling tower blow downs and
scrubbers, and IGCC (Integrated Gasification Combined Cycle) wastewater /
gray water treatment.
Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/zeroliquid-discharge-market.asp
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