The report “Zero Liquid Discharge Systems Market by Type (Conventional, Hybrid), Process, Capacity, Application, End-use industry (Energy & Power, Chemicals & Petrochemicals, Food & Beverage), and Region – Global Forecast to 2029″, size is projected to grow from USD 7.80 billion in 2024 to USD 11.48 billion by 2029, registering a CAGR of 8.0% during the forecast period. The zero liquid discharge system market is experiencing significant growth due to increasing demand from various major economies for different applications in different end use industries such as energy & power, chemicals & petrochemicals, food & beverage, textiles, pharmaceuticals, semiconductor & electronics, and other end use industries as well. Growing economies in Asia Pacific region and stricter environmental regulations and the need for sustainable practices are driving industries to adopt advanced technologies to modify and make better ZLD systems. Additionally, the rapid expansion of chemicals & petrochemicals, food & beverage industry, which require zero liquid discharge systems in various applications, is further propelling the market.
Key Market Players
Alfa Laval (Sweden), AQUARION AG (Switzerland), Veolia (France), Aquatech (US), GEA Group (Germany), Praj Industries Ltd (India), H2O GmbH (Germany), Thermax Limited (India), Mitsubishi Chemical Corporation. (Japan), ANDRITZ (Austria), Toshiba Infrastructure Systems & Solutions Corporation (Japan), IEI (India), Condorchem Enviro Solutions (Spain), Kurita Water Industries Ltd (Japan), Evoqua Water Technologies LLC (US).
Asia Pacific is expected to be the fastest-growing region
The Asia Pacific region is expected to be the fastest growing region in the zero liquid discharge systems market in terms of value. The Asia Pacific region’s zero liquid discharge system market is driven by the economic development and growth in various countries in this region. The low-cost raw materials and labour coupled with an increasing demand from the energy & power, pharmaceuticals, chemicals & petrochemicals, textiles, semiconductors & electronics and other end use industries will make this region very attractive for investment by wastewater treatment product manufacturers. Government initiatives and stringent regulations in this region are compelling the companies to adopt the ZLD systems to treat and recover the water. The region has experienced significant growth in sectors which generates large volume of wastewater. Countries like China and India are leading the industrialization trend, contributing to heightened demand for ZLD system solutions. Another issue in this region is regarding water scarcity, making efficient water management essential.
