Global Produced Water Treatment Market by Source, Service, Application, Region, Competition, Forecast & Opportunities, 2024 | TechSci Research
Global produced water treatment market is forecast to cross $ 13 billion by 2024. Produced water is a mixture of organic and inorganic compounds produced in a large amount during the production of the oil & gas from a reservoir. This water needs to be treated in order to be disposed or to be reused for the injection purposes.
The global produced water treatment market is driven by
the growing demand for oil & gas coupled with increasing extraction
activities. Additionally, stringent regulations regarding produced water
discharge limits is expected to propel the market during forecast period.
Further, continuous growth of shale oil & gas exploration is creating
opportunities for the produced water treatment market.
The global produced water treatment market is segmented
based on source, service, application, company and region. Based on source, the
market can be bifurcated into crude oil and natural gas, of which the latter
segment is expected to hold significant market share during forecast period
owing to the technological advancements with respect to the increasing
importance of LNG. Based on service, the market can be fragmented into primary
separation, secondary separation, tertiary separation and others. The secondary
separation segment dominates the market on account of the growing environmental
concerns related to benzene, toluene and xylene in oil & gas industry in
order to reduce the greenhouse gases emissions. On the basis of application,
the market can be divided into onshore and offshore. The onshore segment
dominates the market attributable to the increasing adoption rate of management
services in onshore fields to reduce water utilization for irrigation purposes.
Among all the regions, North America dominates the overall produced water
treatment market on account of the ongoing shale gas developments in the US
which have pushed the explorations activities in the region.
The major players operating in the produced water
treatment market are Baker Hughes Ltd., Enviro Tech Systems, LLC, Siemens AG,
Schlumberger Ltd, CETCO Oilfield Services, Ovivo Inc., General Electric
Company, Veolia Environment SA, Halliburton Energy Services, Inc, FMC
Technologies Ltd. and others.
Years considered for this
report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
- To analyze
and forecast the market size of global produced water treatment market.
- To classify
and forecast global produced water treatment market based on source,
service, application, company and regional distribution.
- To identify
drivers and challenges for global produced water treatment market.
- To examine
competitive developments such as expansions, new product launches, mergers
& acquisitions, etc., in global produced water treatment market.
- To conduct
pricing analysis for global produced water treatment market.
- To identify
and analyze the profile of leading players operating in global produced
water treatment market.
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the sample
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the
manufacturers, distribution channels and presence of all major players across
the globe.
TechSci Research calculated the market size of global produced water treatment market by using a bottom-up approach, wherein
data for various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
key Target Audience:
- Produced
water treatment companies and other stakeholders
- Government
bodies such as regulating authorities and policy makers
- Organizations,
forums and alliances related to produced water treatment
- Market
research and consulting firms
The study is useful in providing answers to several
critical questions that are important for the industry stakeholders such as
manufacturers, suppliers and partners, end users, etc., besides allowing them
in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global produced water treatment
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Market, By Source:
- Crude Oil
- Natural Gas
- Market, By Service:
- Primary separation
- Secondary separation
- Tertiary separation
- Others
- Market, By Application:
- Onshore
- Offshore
- Market, By Region:
Competitive Landscape
Company Profiles: Detailed analysis of
the major companies present in global produced water treatment market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
Detailed
analysis and profiling of additional market players (up to five).
In case you don’t find what you are looking
for, please get in touch with our custom research team at sales@techsciresearch.com
Contact
Mr. Ken Mathews
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Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com
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