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Research Reports

Global zero liquid discharge sales are set to be valued at US$ 744.6 Mn in 2021, with steady long-term projections, according to latest insights by Persistence market Research. The report estimates the market to expand at 8 to 9% CAGR from 2021 to 2031.

Constant demand from heavy end-use industries is driving market growth on a global scale. The fact that there is a zero liquid discharge system design that is suitable for almost any application involving wastewater makes aids constant market expansion.

CLICK HERE TO GET A SAMPLE REPORT (INCLUDING FULL TOC, TABLE & FIGURES) – https://www.persistencemarketresearch.com/samples/12307

However, demand for zero liquid discharge plunged in 2020 due to the COVID-19 pandemic, as manufacturers faced supply chain constraints. Moreover, manufacturing facilities put their production on hold in order, adhering to government regulations. Not just 2020, but 2021 is also expected to be affected by numerous factors like socio-political changes happening worldwide.

GET A CUSTOMIZED SCOPE TO MATCH YOUR NEED ASK AN EXPERT – https://www.persistencemarketresearch.com/ask-an-expert/12307

Nevertheless, there are numerous developments taking place across the landscape:

  • For instance, in August 2021, WABAG expanded its global footprint with a technologically advanced oil & gas order worth US$ 165 Mn at Amur Gas Chemical Complex LLC., (‘AGCC’) in Russia. The facility will have a concentrate evaporator unit to maintain ZLD.

Key Takeaways from Market Study

“The market may see some more downturns in 2021 as well, owing to reduced cash collection in 2020, but after a few quarters thereafter, the scenario will be better. With depleting freshwater resources and long-term overhead reduction in resource utilization and effluent treatment systems, ZLD is expected to be a viable option for existing treatment facilities as well as for new unit installations in respective end-use industries,” says a Persistence Market Research Analyst.

GAIN COMPLETE ACCESS TO THE REPORT – https://www.persistencemarketresearch.com/checkout/12307

Competitive Landscape

The market is fragmented with key players accounting for more than 50% of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in this industry are GEA Group AG, VA Tech Wabag, Doosan Corp., Veolia Water Technologies, SUEZ Water Technologies & Solutions, and IDE Technologies.

Read More Trending “PMR Exclusive Article”-  https://www.prnewswire.com/news-releases/market-for-zero-liquid-discharge-to-expand-at-8-2-cagr-through-2031–301408393.html

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