The Africa Zero Liquid Discharge System Market is projected to be valued at US$ 27.7 Million in 2021 growing at a CAGR of 5.4% from 2021 to 2031.
The COVID-19 outbreak in 2020 reduced CAPEX investments and process equipment installations across a range of end-use industries. However, FMI predicts that sales of zero liquid discharge systems in Africa will increase due to gradually rising production rates and diminishing water intake resources.
In addition to this, stringent regulations regarding 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 forthcoming years.
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.
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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.
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Key Takeaways:
- Based on system type, conventional ZLD segment is estimated to account for over 60% of the market share in 2021.
- Applications of ZLD systems in mining & metallurgy are anticipated to gain traction. The segment is projected to grow high CAGR of over 5.5% in 2021.
- Northern Africa and Southern Africa have been estimated to be the leading regional markets in terms of revenue generation, valued at US$ 10.9 Mn in 2021.
- Namibia is anticipated to emerge as an attractive market, accounting for 27.5% of the African zero liquid discharge system market share.
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