Industry Outlook of Concord Enviro Systems IPO
The water and wastewater treatment industry is expected to witness significant growth, driven by the following factors:
- Rising Demand for Industrial Water Reuse and Zero Liquid Discharge (ZLD) Solutions: Increasing industrialization, stricter environmental regulations, and water scarcity issues are pushing industries to adopt water recycling technologies such as ZLD. Concord Enviro Systems is well-positioned in this segment, being a leader in ZLD solutions in India by revenue in FY 2021.
- Technological Advancements in Membrane-Based Systems: The development of ultra-high pressure reverse osmosis (UHPRO) systems, which reduce energy consumption by approximately 50%, is revolutionizing the industry. Concord Enviro's proprietary UHPRO systems are set to capture a larger market share due to their efficiency.
- Growth in Pay-Per-Use Models: Industries are moving toward operational efficiency by opting for rental models over capital-heavy investments. Concord Enviro’s "pay as you treat" model provides flexibility, helping companies meet regulatory and production demands without upfront expenditure.
- International and Domestic Market Expansion: Concord Enviro serves over 350 domestic and 27 international clients, spanning various industries including pharmaceuticals, chemicals, and food & beverages. The company's extensive portfolio and cross-industry expertise make it a competitive player in both domestic and global markets.
The industry’s outlook is positive, and with the increasing focus on sustainability and water conservation, Concord Enviro Systems stands to benefit from the projected growth in water treatment solution