|06-13-2018 08:14 PM CET - Advertising, Media Consulting, Marketing Research||
Fracking Water Treatment Equipment Market Trends, Analysis, Application & Type Forecast to 2020
Press release from: Transparecny Market Research
The global demand for oil and gas increases with the increase in world population especially with the enhanced demand for electricity, automobiles, improved housing and other energy consumption methods in the developing nations. According to the International Energy Association (IEA), the natural gas will have a golden future especially for coalbed methane (CBM) and shale gas and will also require golden standards for production. Further, the wastewater from fracking operations will require treatment for beneficial use which further accelerates the global fracking water treatment equipment market. Moreover, the increased importance of water and drought conditions are generating need to develop equipments to recycle wastewater and expediting the growth of global fracking water treatment equipment market.
Request Report Brochure @ www.transparencymarketresearch.com/sample/sample.php?flag...
Furthermore, Ernest Moniz, the US Energy Secretary said, “there are increasing tensions between energy and water at oil & gas conference and acts as a reminder of growing importance of water in energy.” Further, there have been gallons of water consumption in the oil & gas drilling process reducing the water level and resulting to drought conditions. Due to these reasons, there has been a rapid demand for wastewater treatment and fracking water treatment equipment market.
The global market for fracking water treatment equipment is mainly driven by the scarcity in the fresh water supplies and high demand for water. The conflicts associated with the water have further fuelled the market and have led to the development of water recycling equipments. These demands from across the world are embellishing the fracking market and providing ground for innovative water recycling technologies. The average natural gas reserves require approximately five gallons of water for drilling and fracking, depending upon the site. Further, the International Energy Agency (IEA quoted that by 2035, the water used for natural gas production will increase by 86%.
Read Report Overview @ www.transparencymarketresearch.com/fracking-water-treatme...
This trend will amplify the need for R&D activities to develop equipments for wastewater treatment and will drive the overall fracking water treatment equipment market. Moreover, the oil and gas drillers are pushed by the prospects of regulations and competition over water resulted in on-site water treatment and increasing demand for hydraulic water treatment equipments.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
News-ID: 1081449 • Views: 241More releases