The global market for zero liquid discharge is expected to reach US$ 2,061.2 million by 2033, growing at a CAGR of 8.3% between 2023 and 2033.
Zero Liquid Discharge (ZLD) is an innovative system of wastewater treatment and resource recovery that completely eliminates liquid waste streams from industrial processes. Zero-Liquid Discharge systems are becoming increasingly popular as a cost-effective way to reduce water use and conserve resources. The Zero Liquid Discharge market is expected to continue growing over the next decade, driven by government regulations on wastewater disposal, increasing demand for efficient water management solutions, and rising awareness about the importance of sustainable resource utilization.
Click Here to Get Free Sample Copy of this Report@https://www.persistencemarketresearch.com/samples/12307
ZLD technology offers a number of competitive advantages compared to traditional methods of wastewater treatment, including lower operational costs and improved efficiency in conserving valuable resources like water. In addition, ZLD systems can be customized to meet specific needs depending on the type of industrial process being used.
Key Takeaways from Market Study
- Persistence Market Research predicts healthy industrial sector growth rate in economies such as Brazil, India, the Middle East, and Africa, where demand for ZLD will be decent.
- Chemicals & petrochemicals estimated to account around 16% market share.
- Power generation will be another prominent application of zero liquid discharge systems.
- The global zero liquid discharge market witnessed a slump in 2020 due to the COVID-19 pandemic, with a recorded growth of -0.5%.
- The market in GCC Countries is projected to expand at a CAGR around 8%, while that in ASEAN at close to 11%, through 2031.
- The market in India is set to surge at greater than 11% CAGR, while in the rest of South Asia & Pacific at around 12%, over the next ten years.
“The market may see some more downturns in 2021 as well, owing to reduced cash collection in 2020, but after a few quarters thereafter, the scenario will be better. With depleting freshwater resources and long-term overhead reduction in resource utilization and effluent treatment systems, ZLD is expected to be a viable option for existing treatment facilities as well as for new unit installations in respective end-use industries,” says a Persistence Market Research Analyst.
Complete Report Details@https://www.persistencemarketresearch.com/market-research/zero-liquid-discharge-market.asp
Contact Us:
Persistence market research
Sales – sales@persistencemarketresearch.com
No comments:
Post a Comment