Selbyville, Delaware, April 17, 2019 (GLOBE NEWSWIRE) --
The zero liquid discharge systems market is poised to rise from USD 6 billion in 2018 to over USD 9 billion by 2025, according to a 2019 Global Market Insights, Inc. report. The market size is extensively driven by declining level of freshwater sources globally. The level of wastewater from the industries is rising at an alarming rate, that is required to be treated and recycled for continuous industrial usage.
The rising industrialization in developing economies such as India, China, Thailand etc. are growing unceasingly, hampering the fresh water bodies. Moreover, the ever-growing population is also an integral factor that is positively fueling the zero liquid discharge systems market size in the near future.
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Severe protocols created by the regional government bodies are compelling the manufacturing organizations to set up ZLD units in their plants. These systems purify the wastewater and also recycle for further use in the manufacturing operations. The use of ZLD units in the production plants would help in keeping the ecosystem safe with a reduction in water borne diseases. Several government organizations are imposing strict guidelines concerning the disposal of wastewater, which would directly propel the demand for zero liquid discharge (ZLD) systems market in the coming years.
Set-up cost and operating expenses may prove to be a hindrance in the growth of the zero liquid discharge systems market in the recent years. Moreover, the ZLD units acquire a lot of space and skilled personnel for its functioning that can be a challenge for the smaller industries. However, stiff administrative guidelines will mandate the use of ZLD in various industries directly fueling the product industry size in the near future.
The zero liquid discharge systems market size based on its products are segmented into conventional and hybrid units. Hybrid units are projected to grow at considerable rate to exceed USD 4.2 billion at the end of the expected timeframe. The hybrid units consist of pre-treatment sections with brine purification, MVR evaporator, crystallizer and solid separation unit, that helps recycling the wastewater continuously.
Browse key industry insights spread across 200 pages with 144 market data tables & 23 figures & charts from the report, “Zero Liquid Discharge (ZLD) Systems Market Size By Product Type (Conventional, Hybrid), By Technology (Thermal based, Membrane based), By End-user (Energy & power, Food & Beverage, Chemicals & petrochemicals, Pharmaceuticals, Textile), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Thailand, Indonesia, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/zero-liquid-discharge-systems-market
The thermal based systems segment will exhibit a surge in its growth with a CAGR over 5.5% during the forecast period. The thermal based ZLD systems are mostly used with conventional units, since it helps in recovering more than 95% of the plant’s wastewater while decreasing the remaining affluents as end products.
Energy and power end-use sector will capture over 25% of entire segment share in coming year. Zero liquid discharge is quite imperative for the steam electric power industries, since the coal powered plants possesses a huge water consumption and challenging water disposal, this will positively influence the zero liquid discharge systems market size by 2025.
Europe registered a revenue over USD 1.5 billion in 2018 and is expected to dominate the product market size in future. Many regional countries are industrially strong and face water scarcity which compels the use of zero liquid discharge system, directly drive the entire regional industry demand by 2025.
The prominent players in zero liquid discharge systems market includes Aquatech International, Veolia, GEA Group, ALFA LAVAL, Suez Water Processes, H2O, Oasys Water, Aquarion, Praj Industries, ENCON, Kelvin Water, IDE Technologies, Austro Chemicals and SafBon.
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