The zero liquid discharge market in India was valued at US$ 65.72 Mn in 2017 and is anticipated to expand at a CAGR of 14% during the forecast period.
India Zero Liquid Discharge Market: Introduction
Based on process, the evaporation & crystallization segment held a prominent share of the zero liquid discharge market in India in 2017. This can be ascribed to the increase in adoption of the zero liquid discharge technology in end-use industries, which are investing significantly in evaporators and crystallizers to meet environmental regulations. Based on end user, the textile segment constituted a significant share of the zero liquid discharge market in India in 2017. This can be ascribed to the high adoption of zero liquid discharge in the textile industry due to the implementation of strict regulatory norms for wastewater discharge in the industry.
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Key Driver of India Zero Liquid Discharge Market
The zero liquid discharge technology is implemented to recover usable byproducts and profit-making minerals form waste streams, primarily in mining and industrial sectors. The implementation of zero liquid discharge plants is useful in the recovery of sodium sulfate and sodium chloride salts. The usage of zero liquid discharge has helped recover valuable and saleable minerals in the mining industry in India. Therefore, the ability to recover useful minerals and compounds is expected to drive the zero liquid discharge market in India during the forecast period.
North Highly Attractive Zone of India Zero Liquid Discharge Market
North zone is estimated to be a highly attractive zone of the zero liquid discharge market in India during the forecast period. The share of the zone is projected to increase significantly in the near future. This can be ascribed to the implementation of strict regulations on zero liquid discharge across all the major wastewater generating industries situated along the banks of the river Ganga and government initiatives for the implementation of zero liquid discharge in states in the zone. East zone and central zone are expected to exhibit moderate attractiveness, primarily due to the increase in investments in the implementation of zero liquid discharge process for industrial wastewater treatment in these zones.
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West zone and south zone are anticipated to represent low attractiveness during the forecast period. This can be ascribed to the already developed zero liquid discharge market in these zones compared to that in the rest of the country. The absence of a perennial river, along with the implementation of strict regulations regarding wastewater discharge resulted in the early development of the zero liquid discharge market in west and south zones.
Major Developments in Zero Liquid Discharge Market
In July 2018, Aquatech International LLC installed a zero liquid discharge (ZLD) plant in Puerto Rico. The Puerto Rico power plant is a cogeneration power plant that produces 454 MW of net electricity.
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Competition Landscape of India Zero Liquid Discharge Market
The zero liquid discharge market in India is dominated by multinational players operating across the country. Prominent players operating in the zero liquid discharge market in India are Praj Industries, Arvind Envisol Limited, Kelvin Water Technologies Pvt. Ltd., Austro Chemicals & Bio Technologies Pvt Ltd, Bionics Advanced Filtration Systems (P) Ltd., Veolia, GEA Group Aktiengesellschaft, and Aquatech International LLC.
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets.
Nov 08, 2022
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