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Zero Liquid Discharge Systems Market growth is escalated by rising demand for clean and fresh water

Author : Ronak Bora | Published Date : 2019-03-19 

Zero Liquid Discharge Systems Market is categorised into conventional and hybrid. Conventional accounts for larger share with its application in several small to large industries and low cost of erection as compared to hybrid. These have high demand in low and medium flow rate industries with involvement of standard processes. Hybrid is automated process with pre-concentrator and thermal technology with demand in large industries.

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Major constraint for zero liquid discharge systems market is high capital and operating expenditure. These systems need to be custom built for different industries owing to varying processes and end use that improves its overall cost. Further, space constraint is an important factor as its installation requires large space and poses a challenge for small industries. Though, growing strictness regarding disposal of industrial waste and consumer awareness will overcome these restrictions in forecast period.

Zero Liquid Discharge Systems Market will observe substantial growth owing to increase in demand for applications in pharmaceutical, energy & power, semiconductors & electronics, chemical & petrochemicals, textiles and food & beverages industry. Continuous rise in number of industries has led to surge in pollution that has reduced availability of fresh water. Demand for clean water is anticipated to propel zero liquid discharge systems market.

Based on end use, zero liquid discharge systems market is divided into pharmaceutical, energy & power, semiconductors & electronics, chemical & petrochemicals, textiles and food & beverages industry. Energy & power has major share with constant increase in power plants to meet rising energy requirements. These industries produce large amount of waste water that need treatment prior to disposal. 

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Chemical & petrochemical industry has substantial share in zero liquid discharge systems market owing to demand of products from both developing and developed economies for petrochemical products. There has been an increase in number of refineries and major players are expanding their facilities to meet the demand that gives positive outlook to this market. 

North America has substantial share in zero liquid discharge systems market with rising number of energy & power and petrochemical industries. The U.S. is one of the largest consumers of energy and mainly dependent on non-renewable energy sources that produce huge amount of wastage. 

Zero liquid discharge systems market is moderately fragmented with presence of large number of regional and local players. Major players include Aquatech, GE Water Processes, Petro Sep Corporation, Veolia Technologies, IDE Technologies, Praj Industries, Doosan Hydro Technology, H2O, Degremont Technologies, Aquarion, Saltworks Technologies and Oasys Water.
 
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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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