Zero Liquid Discharge Market size will grow at a significant pace between 2021 and 2027 due to the soaring production rate from power plants along with the globally rising need for water and energy. The increasing industrialization has made way for severe wastewater management regulations and the development of novel produced water treatment system facilities.
Zero liquid discharge is typically an engineering approach in water treatment where all water is recovered, and the contaminants are reduced to solid wastes. The growing intervention by various governments and environmental agencies to limit water pollution is a major determinant for the zero liquid discharge market proliferation.
The rising need for customized systems to cater to different requirements may limit the product demand to some extent. However, the emergence of various new techniques for recycling water will act as a crucial parameter for industry progression.
Based on systems, the conventional zero liquid discharge market share will grow with higher application scope in various industrial verticals given their suitable design and low maintenance. The insufficiency of environmental regulations pertaining to the proper disposal of effluents in the Middle East and South America has triggered the higher adoption of conventional systems. Benefits like simplified usability as well as recycling of wastewater, along with ease of operability through crystallization and evaporation techniques will drive the segment growth.
Demand for zero liquid discharge in the energy & power sector will expand driven by their rising installation in thermal power plants. Rapid urbanization across the globe has steered the increasing need for power coupled with the concerns over wastewater discharge and regional water shortages. Constant advances in wastewater management have resulted in the rising emphasis of power plant owners. The mount in the number of coal and natural gas-fired power plants along with swelling product penetration in the steam electric power sector will contribute a significant share for the market expansion.
Geographically, the North America market size will gain traction through 2027 due to increasing adoption in the power generation sector. The expanding focus on wastewater emissions along with the rising levels of toxic metals and discharges, mainly in the U.S. has given way for a large number of stringent regulations. There is also a surging need for zero liquid discharge systems in Canada, and Mexico. The growing product installation rate in power plants and soaring government support are other factors propelling the regional market progression.
Global participants in the zero liquid discharge business are resorting to inorganic expansion strategies, like mergers, acquisitions, and partnerships to gain competitive benefits. Additionally, these firms are also focusing on capacity expansions to strengthen their market position.
For instance, in June 2020, IDE Technologies joined hands with Chem Process Systems Private Ltd., a prominent heat transfer solution provider. The partnership helped both the companies to offer end-to-to end zero liquid discharge (ZLD) solutions to their customers.
In another instance, in July 2018, GEA Group AG constructed a zero-liquid-discharge wastewater treatment plant in Ciudad Juárez, Mexico for Abengoa S.A. ZLD. The plant converts a salt-laden wastewater stream into pure water to internally recycle and dry the solids for disposal.
Some other global zero liquid discharge market industry players include Veolia Water Technologies, SafBon Water Technology, Praj Industries, Bio Technologies Pvt Ltd., U.S. Water Services (Kurita Water Industries), ENCON Evaporators, Aquatech International LLC, Oasys Water, H2O GmbH, Austro Chemicals, AQUARION AG (Clean Tech GP Ltd.), Kelvin Water Tech. Pvt. Ltd., Suez SA (Sofina), and ALFA LAVAL.
In response to the COVID-19 outbreak, the zero liquid discharge industry witnessed notable growth owing to the rising concerns over inadequate wastewater treatment, mainly in developing countries like India. The rise in number of government inducement programs and growing consumer willingness to spend on water treatment systems also added positive impetus to the product adoption during the pandemic. The increased efforts to reuse 100% of the treated water given the presence of water scarcity across some parts of the world also enhanced the market share.