As per a recent market analysis by ESOMAR-certified consulting firm Future Market Insights (FMI), the Africa Zero Liquid Discharge System Market is projected to be valued at US$ 27.7 Mn in 2021, expanding at a CAGR of 5.4% over the forecast period of 2021-2031.
The COVID-19 outbreak in 2020 reduced CAPEX investments and process equipment installations in a variety of end-use industries. However, with gradually increasing production rates and dwindling water intake resources, FMI predicts that sales of zero liquid discharge systems in Africa will increase.
Furthermore, stringent effluent management and discharge guidelines issued by regional authorities are propelling the adoption of zero liquid discharge systems in Africa, enabling lucrative growth prospects in the market in the coming years.
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Owing to rising demand for zero liquid discharge systems, market players are offering aftersales services, complete installation, pre-packed systems, and robust aftersales services to gain a competitive edge in the market. This factor is driving developments and technological advancements in ZLD systems, which in turn is fostering sales of the same.
Increasing scope of zero effluent discharge and provision of reuse in process stages is driving sales of hybrid zero liquid systems over conventional effluent management systems. Hybrid zero liquid discharge systems offer high efficiency and reduce energy consumption, while offering long term economic benefits.
Besides this, expansion of chemicals, petrochemicals, mining & metallurgy, and textile industries will continue spurring demand for zero liquid discharge systems in the forthcoming years.
“New system installations and overhauling of traditional effluent treatment plants will positively shape the demand outlook for zero liquid discharge systems over the forecast period. Along with this, increasing investments in the energy, mining and pharmaceutical industries will create lucrative prospects for market players in forthcoming years,” says the FMI analyst.
Key Points Covered in Africa Zero Liquid Discharge System Market
- Market estimates and forecast 2015-2031
- Key drivers and restraints impacting market growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- COVID-19 Impact on Africa Zero Liquid Discharge System Market and How to Navigate
- Recommendation on Key Winning Strategies
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Competitive Landscape
Companies operating in Africa zero liquid discharge system market are focusing on acquisitions, mergers, and collaborations to extend their services, improve their product portfolios and to expand footprint across the water treatment market. Along with this, ZLD system providers are offering custom designed solutions to end-users gain a competitive edge in the market. For instance:
- In August 2021, IDE Water Technologies signed a contract with ENEL Generaciòn Chile S.A. to demonstrate the company’s new solution known as MAXH2O Desalter. The scope of the project includes installation, fabrication and operation of the advanced treatment unit using MAXH2O Desalter technology.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.
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