Produced Water Treatment 2018 Market Dynamic Application, Economic Impact and Top Key Players: Siemens AG, Aker Solutions, Alderley plc, Schlumberger Limited

Produced Water Treatment Market - Overview

Produced water is most often considered a waste, but the industry is beginning to consider this material as a potential profit stream. Whether waste or commodity, produced water has management costs that need to be kept in-line with each specific production project and region or it could adversely affect the life of the well, thereby leaving substantial recoverable reserves in the ground. Produced water handling practices must also be environmentally protective or the operator could face regulatory action. Produced water handling methodology depends on the composition of produced water, location, quantity and the availability of resources.

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Produced Water Treatment Global Market - Synopsis

Oil and gas companies are increasingly looking to reduce their water consumption, and recycle and reuse produced water wherever possible. This trend is fueling the market growth of Produced Water Treatment Additionally, in key OPEC countries such as Saudi Arabia and Indonesia crude reservoirs oil abating resulting in to augmented capital costs in E&P which will influence O&G companies to speculate in alternate sources such as coalbed methane (CBM), gas hydrates and tight oil. This trend is anticipated to encourage the usage of produced water treatment in E&P activities of alternative sources during the forecast period.

Produced Water Treatment Global Market - Key Players

Well established players incorporate acquisition, collaboration, partnership, expansion, product & technology launch in order to gain competitive advantage in this market and to maintain their market position. High investments are being made by the key players of the market indicating the immense growth opportunities in the market. Also, there have been establishment of strategic business units in developing countries including China and India providing the solutions to upstream oil & gas sector.
Profiled in MRFR Analysis, some of the key players in the Produced Water Treatment market are Siemens AG, Aker Solutions, Alderley plc, Schlumberger Limited, and CETCO Energy Services.

Global Industry Segments:-

The Produced Water Treatment Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Well Type : Comprises Corrosion Land and Offshore.
Segmentation By Treatment : Comprises Chemical, physical and Membrane and others.
Segmentation On the basis of Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

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Produced Water Treatment Market - Regional Analysis

With the increase in the onshore and offshore exploration activities the North American region is expected to dominate the market for Produced Water Treatment.

The shale gas and oil revolution has transformed North America’s energy mix, revitalizing its energy-intensive industries, reducing imports of oil, and offering the prospect of natural gas exports both to Europe and the lucrative markets of the Far East. Currently, North America and Canada are the only major producers of commercially viable natural gas and oil from shale formations. The U.S. shale revolution has resulted from a mix of technological, regulatory, environmental and market factors — that have ultimately allowed firms to produce shale gas profitably.

Asia-Pacific region is also expected to register high growth mainly due to the shortage of fresh water in these regions.

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