India Zero Liquid Discharge Systems Market Size Booming at Robust CAGR of 14% During 2023–2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the India zero liquid discharge (ZLD) systems market size to grow at an impressive CAGR of 14.05% during the forecast period between 2023 and 2029.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the India zero liquid discharge (ZLD) systems market size to grow at an impressive CAGR of 14.05% during the forecast period between 2023 and 2029. Municipalities and companies are increasingly using zero liquid discharge (ZLD) water treatment systems, as they focus on the collection and reuse of as much wastewater as they can. Growing environmental concerns about industrial discharge practices and public concerns over the effects of such discharges on the environment have resulted in stricter government regulations and limitations on wastewater discharges. It has led to the development of ZLD processes. This rapidly adopted trend is expected to fuel the growth of the India zero liquid discharge (ZLD) systems market during the period in analysis.
India Zero Liquid Discharge Systems Market – Overview
Zero liquid discharge (ZLD) is a strategic wastewater management method that makes sure no industrial effluent will be released into the environment. It is accomplished by first recycling wastewater, followed by recovery and reuse for industrial purposes. The industrial wastewater is pre-treated and evaporated using ZLD technology until the dissolved solids crystallize. With the use of a filter press or a centrifuge, these crystals are extracted and dewatered. Condensed water from evaporation is added back to the process.
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India Zero Liquid Discharge Systems Market – By End-Use Industry
Based on end-use industry, the India zero liquid discharge (ZLD) systems market is segmented into chemicals & petrochemicals, energy & power, food & beverages, textiles, pharmaceuticals, electronics & semiconductors, and others. The energy & power sector accounts for the highest market share as the major end-user of ZLD systems. The increasing energy demand across the country and the construction of new power plants are fueling the demand growth for ZLD for better wastewater management.
Impact of COVID-19 on the India Zero Liquid Discharge Systems Market
The COVID-19 pandemic negatively impacted the growth of the India zero liquid discharge systems (ZLD) market during 2020–2021. India was one of the most severely impacted countries by the pandemic. As a result, it was forced to impose a strict lockdown measures to stop the virus's spread. The installation of the ZLDs and the operations of its end-user industries were thus temporarily stopped. The India zero liquid discharge systems (ZLD) market, however, is expected to gain momentum in the post-pandemic period, due to the increased attention on averting another waterborne pandemic in the country as a result of rising levels of water pollution.
Competitive Landscape
Major players operating in the India zero liquid discharge systems (ZLD) market include ALFA LAVAL, AQUARION AG, Aquatech International LLC, Evoqua Water Technologies LLC, GEA Group Aktiengesellschaft, H2O GmbH, IDE Water Technologies., Mitsubishi Power Ltd, Praj Industries, and SafBon Water Technology.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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