Produced Water Treatment Market Poised to Grow at a CAGR of 5.2% by 2024

Produced Water Treatment Market Poised to Grow at a CAGR of 5.2% by 2024


Infinium Global Research has added a new report on Produced Water Treatment Market. The report presents analysis of global as well as regional markets of produced water treatment market over the period of 2016 to 2024. Produced water treatment is set of processes done on the Produced Water to obtain usable water for the various applications including domestic, livestock watering, industrial, commercial, agriculture irrigation, fisheries, wildlife and many others. The produced water is the term used for the wastewater that is produced during oil or gas extraction. The Produced water is bought to the surface along with the oil and gas during their extraction. The produced water has a complex composition and contains various organic and inorganic toxic compounds. The rapidly growing Oil and gas extraction activity and presence of developed oil and gas field across the world drives the growth of produced water treatment market. The produced water is injected back into the reservoir in order to enhance the recovery operation of the well and maintain the right pressure in the well. In addition, strict environmental rules and regulation on the factors associated with the produced water treatment are contributing to the growth of produced water treatment market. However, the factors like lack of public acceptance and complexity of treatments are restricting the growth of the produced water treatment market. Furthermore, the reuse of produced water, ongoing advancements in the water treatment technologies are anticipated to boost the growth of the produced water treatment market. Moreover, the rising Oil & Gas Operations and the use of produced water for the various industrial as well as domestic applications are projected to create the several opportunities for the produced water treatment market.

 

Among the geographies, North America region holds the maximum market share in the produced water treatment market. The ongoing shale gas developments and the growing use of produced water in commercial, industrial and agricultural irrigation applications in the U.S is driving the growth of produced water treatment market in the North America region. In addition, Asia Pacific region is the fastest growing region in the produced water treatment owing to the rapidly growing oil and gas extraction activities and the unavailability of serviceable water. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global produced water treatment market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global produced water treatment market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1597

 

The recent report identified that North America dominated the global produced water treatment market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the produced water treatment market worldwide.

 

The report segments the global produced water treatment market on the basis of Treatment type, Technologies and Application.

 

Global Produced Water Treatment Market by Treatment Type

·         Physical

·         Chemical

·         Membrane

·         Others

 

Global Produced Water Treatment Market by Technologies

·         Onshore

·         Offshore

 

Global Produced Water Treatment Market by Application 

·          Primary Separation

·         Secondary Separation

·          Tertiary  Separation

·         Others

 

Companies Profiled in the Report

·         Baker Hughes Incorporation

·         Fmc Technologies Inc.

·         Halliburton Company

·         Ovivo Water Ltd.

·         Siemens Ag

·         Veolia Environnement

·         Schlumberger Ltd.

·         Enviro-Tech Systems

·         General Electric

·         Halliburton Company

 

About Infinium Global Research

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