Zero Liquid Discharge Systems Market expected to reach USD 6.88 billion by 2021

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Jun 06, 2017, 12:16 ET

LONDON, June 6, 2017 /PRNewswire/ -- Highlights

· The zero liquid discharge systems market is projected to reach USD 6.88 billion by 2021

· The Zero Liquid Discharge (ZLD) systems market is projected to grow from an estimated USD 4.67 billion in 2016 to USD 6.88 billion by 2021, at a CAGR of 8.1% from 2016 to 2021.

· Key factors expected to drive the zero liquid discharge systems market include the implementation of stringent environmental regulations.

· Increasing concerns over the disposal of brine concentrates into water streams is also expected to fuel the growth of this market.

· Zero liquid discharge systems market growth is expected to be restricted due to the high cost of installation and operations.

· Based on system, the hybrid ZLD system segment is expected to grow at the highest CAGR during the forecast period

· Based on system, the zero liquid discharge systems market has been segmented into conventional ZLD system and hybrid ZLD system.

· Based on end-use industry, the energy & power segment is expected to grow at the highest rate during the forecast period

· The energy & power end-use industry segment of the zero liquid discharge systems market is expected to grow at the highest rate during the forecast period.

The zero liquid discharge systems market is projected to reach USD 6.88 billion by 2021
The Zero Liquid Discharge (ZLD) systems market is projected to grow from an estimated USD 4.67 billion in 2016 to USD 6.88 billion by 2021, at a CAGR of 8.1% from 2016 to 2021. Key factors expected to drive the zero liquid discharge systems market include the implementation of stringent environmental regulations. Increasing concerns over the disposal of brine concentrates into water streams is also expected to fuel the growth of this market. Zero liquid discharge systems market growth is expected to be restricted due to the high cost of installation and operations.

Based on system, the hybrid ZLD system segment is expected to grow at the highest CAGR during the forecast period
Based on system, the zero liquid discharge systems market has been segmented into conventional ZLD system and hybrid ZLD system. The market for the hybrid ZLD system segment is expected to grow at the highest CAGR during the forecast period. Hybrid ZLD systems are used across end-use industries such as energy & power, chemicals & petrochemicals, and pharmaceuticals among others.

Based on end-use industry, the energy & power segment is expected to grow at the highest rate during the forecast period
The energy & power end-use industry segment of the zero liquid discharge systems market is expected to grow at the highest rate during the forecast period. This growth can be attributed to the rise in the global demand for zero liquid discharge systems in coal-to-chemical plants and oil refineries. In addition, this industry is expected to witness a growing demand from developed regions such as North America and Europe. The hybrid ZLD system is widely used in the energy & power end-use industry owing to the require to treat high concentrations of chemicals and contaminants present in the effluents.

Latin America market is expected to grow at the highest CAGR during the forecast period
The Latin America zero liquid discharge systems market is expected to grow at the highest CAGR during the forecast period. Huge demand from Brazil and Argentina are expected to drive the market for zero liquid discharge systems in this region. Increasing populations, demand for fresh water, and improving economic conditions in the countries in this region are fueling the growth of the zero liquid discharge systems market.

Breakdown of profiles of primary participants:
• By Company Type: Tier 1 – 40%, Tier 2 – 40%, and Tier 3 - 20%
• By Designation: Director Level - 67%, C Level - 16%, and Others – 17%
• By Region: Asia-Pacific - 29%, Middle East & Africa - 29%, Europe – 14%, North America - 14%, and Latin America – 14%

As part of the qualitative analysis, this report provides a comprehensive analysis of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players such as Aquatech International LLC (U.S.), GE Water Process & Technologies (U.S.), Veolia Water Technologies (France), GEA Group (Germany), Praj Industries Ltd. (India), H2O GmbH (Germany), U.S. Water Services (U.S.), Aquarion AG (Switzerland), Doosan Hydro Technology LLC (U.S.), Saltworks Technologies Inc. (Canada), Petro Sep Corporation (Canada), IDE Technologies (Israel), Degremont Technologies Ltd. (Switzerland), and Oasys Water, Inc. (U.S.), among others.

Research Coverage:
The report provides an analysis of the zero liquid discharge systems market across different regions. It aims at the estimation of the market size and growth potential of this market across different segments such as system, process and end-use industry. Furthermore, the report also includes an in-depth competitive analysis of key players in the market, along with their company profiles, recent developments, and key market strategies. The global report covers key regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, along with country-level analysis.

Reasons to buy this report:
This report covers the following key aspects:
• The market size by 2021 and its growth rate
• The key factors that are expected to drive the market
• The challenges that impact market growth
• The key players in this market
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