The latest trending report published by Crystal Market Research titled, Zero liquid discharge (ZLD) systems Market approximates that the Zero liquid discharge (ZLD) systems Market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
The global zero liquid discharge (ZLD) systems market is expected to be around $9 billion by 2025. This can be attributed to a number of factors such as inadequate availability of fresh water, increase water pollution due to heavy industrial discharge as well as human activities, and increase in volume of waste water generated especially from pharmaceutical plants and chemical industries.
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Furthermore, implementation of strict government regulations and efforts towards treatment and sustainable use of water and increasing application of zero liquid discharge technology in recovering of important mineral and compounds is expected to drive the growth of the global market during forecast period. However, high cost of systems and development of alternative water treatment technologies is expected to hamper growth of the market during forecast period.
The conventional ZLD systems segment dominated the global market in 2016. This can be attributed to strict government regulations to install zero liquid discharge systems for every small to large scale industries. Furthermore, conventional ZLD system is widely adopted by florate effluent treatment plants leading to high adoption rate of such systems. However, demand for hybrid ZLD technology will witness lucrative growth owing to its increasing application for effluent treatment.
According to the statistics released by the United States Bureau of Labor Statistics, the position of home care and personal care aids are projected to rise approximately 13.0 million by the end of 2020, which interprets to around 70.0% boost from 2010. Rising aged population is amongst the major driving factor for the profitable growth of the global market. This population is inclined towards the chronic illnesses which need long-term care. Hence, zero liquid discharge (ZLD) systems presents best potential option rendering inexpensive quality care.
North America dominated the global market in 2016 and is expected to maintain its dominance during the forecast period, owing to increase demand for zero liquid discharge systems for effluent treatment. Furthermore, presence of a large number of chemical, energy and power and food processing industries, especially in U.S. and Canada, will propel growth of the market in this region.
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Top Major Market Players:
Some of the major players operating in the market include Aquatech International, GEA Group Aktiengesellschaft, Veolia Water Technologies, GE Water & Process Technologies, ENCON Evaporators, Doosan Hydro Technology LLC.
This report contains Segment wise in-depth analysis in terms several segments along with market size forecasts and approximations to observe significant areas of industry growth in detail. Additionally, an executive summary, summarizing the entire report in such a way that decision-making team can speedily become familiar with background information, summarizing analysis and main conclusions.
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