Aquatech International (US) and Veolia (France) are Leading Players in the Zero Liquid Discharge Systems Market
The ZLD systems market size is projected to reach USD 9.9 billion by 2027 from USD 6.7 billion in 2022, at a CAGR of 8.2% during the forecast period. Scarcity of freshwater and stringent government regulations on the discharge of wastewater is driving the ZLD systems market. In addition, increasing awareness regarding water re-use and rapid industrialization rises the demand for ZLD systems in various end use industries such as food & beverage, energy & power, chemicals & petrochemicals, semiconductors and electronics, and textiles drives the growth of ZLD systems market.
The key players in the ZLD systems market include Aquatech International (US), Veolia (France), GEA Group AG (Germany), Alfa Laval AB(Sweden), Praj Industries (India), Andritz AG(Austria), H20 GmbH (Germany), Aquarion AG (Switzerland), Condorchem Envitech (Spain), Safbon Water Technology (US), Ion Exchange India Ltd (India), Toshiba Infrastructure Systems and Solutions Corporation (Japan), and Petro Sep (Canada).
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Aquatech is one of the leading players in the ZLD systems market. It aims to provide efficient water technologies for the recycling and re-use of wastewater. The company offers its services to various end use industries such as food & beverage, biofuels, mining and metals, automotive, power generation, oil and gas, refining and petrochemicals among others. Under the ZLD systems segment, company offers various technologies such as falling film brine concentrators, forced circulation crystallizer, Horizontal spray film evaporator and hybrid systems with membrane pre concentrators among others. The company had installed 160 ZLD systems across 6 continents. Aquatech had its wide presence in the regions such as North America, Europe, Middle East, and Asia Pacific. The company is focusing on further strengthening its position in the ZLD systems market by adopting growth strategies such as strategic partnerships, new product development and acquisitions. For instance, in 2021 Aquatech undergoes a joint venture with Upwell water. This joint venture has helped the company to strengthen its footprint in ZLD systems market.
Veolia is another leading player in the ZLD systems market. Veolia water technologies, a subsidiary of Veolia group provides the solution for recycling of wastewater with the ZLD systems. The business line of the company includes energy, water, and waste management. The company offers ZLD systems under the water segment. In 2021, the company had managed 2,750 wastewater treatment plants and 3,367 drinking water production plants. The company offers its services to various end use industries such as food & beverages, oil& gas, power, mining, chemical, and pulp & paper industries. It has a worldwide presence with operations in more than 52 countries across various regions of the globe. The company enhances its footprint by adopting different growth strategies including partnerships and acquisitions. For instance, in 2022, Veolia water technologies undergoes a partnership with orange business services to enhance and upgrade its digital solution platform.
Related Reports:
Zero Liquid Discharge Systems Market by System (Conventional, Hybrid), Process (Pretreatment, Filtration, Evaporation & Crystallization), End-Use Industry (Energy & Power, Chemicals & Petrochemicals, Food & Beverages), and Region - Global Forecast to 2027
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