Global revenue from zero liquid discharge projects is estimated to account for more than US$ 510 Mn by the end of 2017 and is projected to reach a market value of more than US$ 1,000 Mn by 2025 end, registering a CAGR of 8.7% during the forecast period (2017–2025). Global zero liquid discharge market is expected to represent an incremental opportunity of US$ 488.5 Mn between 2017 and 2025. Asia Pacific is estimated to be the largest market in terms of revenue generation, projected to be valued at US$ 191 Mn in 2017, and is expected to exhibit a CAGR of 10.8% over the forecast period.
Limited availability of fresh water is driving the zero liquid discharge market globally
In the past decade, availability of fresh water has reduced significantly across the world. To add to these woes, water pollution has increased considerably at the same time. Moreover, due to growing industrialization, there has been a significant increase in the volume of waste water generated, especially from energy and power generation, municipal waste water and effluent treatment plants. To counter this, various regulations have been formulated and implemented by the concerned environmental agencies and government authorities that aim to conserve water and reduce water pollution. However, unlike some of the developed countries like the United States, Canada and those in Western Europe, a significant share of the overall wastewater generated from various industries in the developing world is discharged untreated into public water sources. Strict regulations and restrictions pertaining to such practices are expected to result in the development of several new water treatment facilities across the developing countries. This, in turn, is expected to drive the zero liquid discharge market growth across the world. Agencies such as the Environmental Protection Agency (United States), European Water Association (Europe), and India Water Works Association (India) along with government authorities are actively engaged in framing regulations governing water discharge and disposal. Efforts towards conservation and treatment of water are expected to drive the demand for zero liquid discharge systems all across the world during the forecast period.
Stringent regulations and legislations aiding the global market for zero liquid discharge systems
Presently, there is a growing awareness to protect the environment from the discharge of harmful waste water effluents. To ensure this, regulatory bodies governing wastewater discharge limits in various countries across the world have been setting and implementing stringent policies and guidelines for industrial plants and municipal bodies to meet zero liquid discharge norms to halt the worsening of water quality in their countries. This has been strongly driving the growth of the zero liquid discharge market, as industries and municipal bodies strive to meet the regulatory norms and legislations set by regulatory bodies. For example, mandates set by the EU Water Framework Directive in the European Union, the Effluent Limitation Guidelines (ELGs) set by the Environment Protection Agency in the United States, the wastewater effluent discharge limit mandates set by the Secretariat of Environment and Natural Resources (SEMARNAT) in Mexico and regulatory directives set by the Central Pollution Control Board (CPCB) in India and Ministry of Environmental Protection of the Government of China have been driving the implementation of zero liquid discharge technologies in these countries.
Global Zero Liquid Discharge Market Attractiveness Analysis, by Application
Power generation segment is expected to dominate the global zero liquid discharge market during the forecast period and grow at a CAGR of 9.6%. The growth in capital expenditure towards implementation of zero liquid discharge technology is expected to witness steady growth primarily owing to stringent regulations and legislations governing the discharge of wastewater especially from coal fired power plants. The power generation segment is expected to remain relatively more attractive as compared to other application segments during the forecast period. In terms of overall market attractiveness, the power generation segment is likely to be followed by the chemicals and petrochemicals segment.
Higher capital and operating expenditures restricting the growth of the global zero liquid discharge market
Commonly used zero liquid discharge systems are based on thermal processes involving an energy intensive evaporation process in order to recover reusable water from the waste water stream. Adoption of such zero liquid discharge systems, which are custom built as per the requirements of the end use and processes, involves considerable costs in terms of both capital expenditure and operating expenditure. Also, the efforts and costs related to handling and management of solid waste generated at the end of the treatment further hinder large scale adoption of these units across industries. In addition to these factors, space constraint is another factor that drives the decision against installation of zero liquid discharge systems, especially among smaller industries in developing regions. All these factors tend to render the use of such systems unviable for several industry players.
About the Report
Persistence Market Research presents a comprehensive and an all-encompassing report tilted ‘Zero Liquid Discharge Market: Global Industry Analysis and Forecast, 2017-2025’, which presents a detailed take on the global zero liquid discharge market. The report starts with an executive summary that presents key findings related to the zero liquid discharge market such as pertinent market numbers and CAGR from 2017 till 2025, and market forecast numbers related to the various segments and regional forecasts. The executive summary also lists the various drivers, restraints and trends in the global zero liquid discharge market that gives a cursory overview of the factors that are influencing the growth of this market. Also, a list of prominent market players operating in the zero liquid discharge market is given in the executive summary. After this, there is a concise and yet informative Persistence Market Research analysis on the overall market approach of the prominent players operating in the global zero liquid discharge market along with information on target applications and regions. Also, differentiating strategies of the prominent market players is given for readers to get an idea of how the various competitors are maintaining their pole position in this competitive market. After the executive summary, there is a section on market introduction, which gives the definition of the market and lists the various types and applications of the zero liquid discharge market. This gives a precise idea what this market is all about and where all its applications are useful. Market taxonomy is indicated after the market definition.
After the market taxonomy, there is a section devoted to the market analysis scenario of the global zero liquid discharge market that gives the region wise breakup of the market value on a yearly basis right from the year 2015 till 2025. After this, the region wise installed base of zero liquid discharge systems for the year 2016 is listed. In the subsequent section, a value chain analysis of the global zero liquid discharge market is given. There is another informative section that denotes the indicative cost structure of zero liquid discharge systems that are segmented into conventional systems and hybrid systems. Thereafter, a list of forecast factors is given and the level of impact of all of these forecast factors on the zero liquid discharge market is given. A section of the report is devoted to the market dynamics of the zero liquid discharge market. In this section, the drivers, restraints and trends operating in the zero liquid discharge market are discussed in detail and all the factors that encourage the growth of the zero liquid discharge market as well as hamper the growth of this market are listed.
Another section lists the key regulations of various countries in the global zero liquid discharge market. Regulations of the United States, China, India and of the European Union are discussed in detail. This is an important section as it discusses the regulatory framework to be followed by companies operating in the global zero liquid discharge market. The subsequent sections of the report discuss in detail the global zero liquid discharge market by application, by system type and by region. In these sections, important market forecast figures related to Basis Point Share, year-on-year growth analysis, absolute dollar opportunity and market attractiveness analysis are given.
Last but not the least, there is an entire section of the report devoted to the competition landscape of the global zero liquid discharge market. This competition landscape gives a dashboard view of the key companies operating in the global zero liquid discharge market along with their important information and broad strategy adopted to stay as leaders in the zero liquid discharge market. Each of the leading companies is also profiled individually and important information about the company such as company details, company description, product portfolio along with key developments concerning the company and strategic analysis is presented. A SWOT analysis of each leading market player is also presented, which gives detailed information about the strengths, weaknesses, opportunities and threats that the company is dealing with. The competition landscape is an important section as it imparts a deep understanding of the leading companies operating in the global zero liquid discharge market.
Overall market size has been analyzed through historical data, primary responses, and public domain data. Revenue of companies in the global zero liquid discharge market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the assessment period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinized using advanced tools to garner quantitative and qualitative insights into the global zero liquid discharge market.