Global Zero Liquid Discharge System Market to Reach a Valuation of US$ 18.1 Billion by 2034, Future Market Insights Projection
Future Market Insights Global and Consulting Pvt. Ltd.
7 min read
Future Market Insights Global and Consulting Pvt. Ltd.
The zero liquid discharge market is concentrated globally, with a few key manufacturers controlling the lion's share of the industry. A number of businesses are investing a lot in thorough research and development, particularly to create environmentally friendly products. Key players' primary tactics include product portfolio expansion and mergers and acquisitions.
NEWARK, Del, Feb. 18, 2024 (GLOBE NEWSWIRE) -- The global zero liquid discharge system market is anticipated to reach a valuation of US$ 7.9 billion in 2024, driven by focus on sustainable development. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 8.7% between 2024 and 2034, and reaching a total valuation of approximately US$ 18.1 billion by 2034.
The market is witnessing global expansion, with technology providers and solution vendors exploring new geographical markets and expanding their presence. Emerging economies, in particular, present significant growth opportunities due to increasing industrialization and environmental regulations.
Public private partnerships and government funding programs support the implementation of zero liquid discharge projects, especially in developing countries where financial resources may be limited. Collaboration between government agencies, private companies, and not for profit organizations accelerates the adoption of zero liquid discharge systems and promotes sustainable water management practices.
Increasing investment in water infrastructure projects, driven by urbanization, population growth, and aging infrastructure, creates opportunities for zero liquid discharge system providers. Governments and private investors are allocating funds towards upgrading and expanding water treatment facilities, which may include the adoption of these technologies.
Key Takeaways from the Market Study
Global zero liquid discharge system market was valued at US$ 7.1 billion in 2023.
From 2019 to 2023, the market demand expanded at a CAGR of 11.2%.
The market in Japan is expected to expand at a CAGR of 10.2% through 2034.
By technology, the thermal based segment to account for a CAGR of 8.5% through 2034.
The absolute dollar growth of the market is projected to reach a value of US$ 10.2 billion during the forecast period.
The market in the United Kingdom is expected to expand at a CAGR of 10.0% through 2034.
“The rise of zero liquid discharge as a service model allows industries to outsource their water treatment processes to specialized service providers. ZLDaaS providers offer customized solutions, including design, installation, operation, and maintenance of these systems, enabling industries to focus on their core operations,” Says Nikhil Kaitwade, Associate Vice President at Future Market Insights, Inc.
Report Scope:
Attribute
Details
Estimated Market Size in 2024
US$ 7.9 billion
Projected Market Valuation in 2034
US$ 18.1 billion
Value-based CAGR 2024 to 2034
8.7 %
Forecast Period
2024 to 2034
Historical Data Available for
2019 to 2023
Market Analysis
Value in US$ billion
Key Regions Covered
North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
The Middle East & Africa
Key Market Segments Covered
Technology
End User Industry
Region
Key Countries Profiled
The United States
Canada
Brazil
Mexico
Germany
France
France
Spain
Italy
Russia
Poland
Czech Republic
Romania
India
Bangladesh
Australia
New Zealand
China
Japan
South Korea
GCC countries
South Africa
Israel
Key Companies Profiled
ALFA LAVAL
AQUARION AG
Aquatech International LLC
Evoqua Water Technologies LLC
GEA Group Aktiengesellschaft
H2O GmbH
IDE Water Technologies.
Mitsubishi Power Ltd
Praj Industries
SafBon Water Technology.
Company Portfolio
Aquatech International LLC offers innovative zero liquid discharge solutions that integrate membrane based processes, thermal evaporation, and crystallization technologies. Their zero liquid discharge systems are designed to treat a wide range of industrial wastewater streams, providing clients with cost effective and sustainable alternatives for water management and disposal.
Evoqua Water Technologies LLC provides advanced zero liquid discharge systems designed to minimize wastewater discharge and maximize water reuse. Their comprehensive portfolio includes membrane based filtration systems, brine concentrators, and thermal evaporators, enabling clients to achieve regulatory compliance and reduce environmental impact.
Future Market Insights offers an unbiased analysis of the global zero liquid discharge system market, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.
To understand opportunities in the zero liquid discharge system market, the market is segmented on the basis of technology (thermal based, membrane based), and end user industry (power, oil and gas, metallurgy and mining, chemicals and petrochemicals, pharmaceutical, other end user industries), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).
Segmentation Analysis of the Zero Liquid Discharge System Market
Technology:
Thermal Based
Membrane Based
End-User Industry:
Power
Oil and Gas
Metallurgy and Mining
Chemicals and Petrochemicals
Pharmaceutical
Other End User Industries
Authored By:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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