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The global zero liquid discharge market size is projected to reach USD 1.76 billion by 2026 owing to growing preference for membrane-based systems for filtration purposes. This information and other insights are shared in the Fortune Business Insights™ report, titled “Zero Liquid Discharge Market Size, Share and Industry Analysis, By Technology (Thermal Based, Membrane Based), By Application (Energy & Power, Food & Beverages, Chemical & Petrochemical, Textiles, Pharmaceutical, Others), and Regional Forecast, 2019 to 2026”. The report further states that the value of this market was at USD 0.71 billion in 2018 and is expected to exhibit a CAGR of 12.1% from 2019 to 2026.
Aquarion Group’s H+E MFT Wins Water Treatment Project in Saudi Arabia
In August 2018, the Swiss advanced water solutions provided Aquarion Group announced that its German subsidiary H+E MFT based in Cologne has bagged a water treatment project in Saudi Arabia. Under the contract, the company will design, construct, test, and install a water treatment facility in Saudi Arabia, supplying around 50,000 m3/day drinking water to an end-user in the country’s utilities sector. The plant will comprise of six production lines and 42 modularized containers with an integrated zero liquid discharge (ZLD) system. Development of such advanced water treatment and reuse solutions is fast-emerging as one of the leading zero liquid discharge market trends. More importantly, players in this market are tapping regions where there is acute water scarcity, which is animating the market further.
To Get the detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/industry-reports/zero-liquid-discharge-market-100816
Strict Implementation of Norms Regulating Discharge to Boost the Market
The ZLD market demand is set to spike as governments the world over tighten regulations to effectively monitor industrial water discharge and treatment. Wastewater created by industrial processes is a cesspool of extremely toxic compounds and metals and if this water is released into water bodies untreated, it can have adverse and long-term effects on marine ecology. As a result, regulatory bodies are imposing rigorous restrictions on industries to reduce water pollution and emissions from the wastewater produced. For instance, the US Environment and Protection Agency (EPA) initiated the National Pollutant Discharge Elimination System (NPDES) to establish limits and conditions for discharge of municipal wastewater and provide guidelines on how this wastewater needs to be treated before getting discharged.
Portfolio Expansion to Spur Innovation among Competitors
According to the ZLD systems market analysis, this market is headed for a period of vibrant competition on account of portfolio diversification activities undertaken by major companies such as Veolia and Toshiba. Launch of novel solutions with an aim of strengthening and upgrading existing offerings has made smaller, yet important, players to sit up and take notice. As a result, most of the serious competitors have been spurred into action and many of them are taking definitive steps to ramp up their investment in R&D and overall innovation.
Industry Development:
List of Top Companies Profiled in the Zero Liquid Discharge Market Report:
Further Report Findings:
Global Zero Liquid Discharge Market Scope Table of Segmentation:
ATTRIBUTE | DETAILS |
Study Period | 2015-2026 |
Base Year | 2018 |
Forecast Period | 2019-2026 |
Historical Period | 2015-2017 |
Unit | Value (USD Billion) |
By Technology |
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By Application |
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By Region |
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