Press release
Growing End-use Adoption to Fuel Sales of Produced Water Treatment Systems Market During the Forecast Period
With rising demand for crude oil and gas, the need for extraction and production has consistently been on the rise since the past decade. This will remain a key factor propelling the demand for effective produced water treatment systems globally. Moreover, developing regions are constantly facing challenges regarding availability of usable water, which is also identified to fuel the market for better, more efficient, and cost-effective water treatment solutions over the next few years.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/12949
PMR expects increased volumes of produced water generation by 2020 end. In addition, the market also estimates spiking ratio of oil-to-produced water. These factors are anticipated to collectively drive the market in the near future.
Several governments have been mandating stringent regulatory measures in order to maintain the environmental impact of reuse and disposal of produced water. This will continue to escalate the demand for new water treatment systems. Moreover, reinjection norms of the petroleum industry will continue to boost the market for produced water treatment systems.
The oil and gas industry is consistently observing rising exploration of accessible on-shore and off-shore reserves, which is another important factor foreseen to drive the market growth. Introduction of new water treatment technologies are predicted to support the market post-2016. However, high capital costs associated with installation and operation of produced water treatment systems are likely to remain a barrier to widespread adoption.
On the basis of technology, secondary and tertiary treatment systems segments are identified to be the major market shareholders in 2015. However, tertiary treatment systems segment is expected to emerge faster compared to secondary treatment systems segment. Expanding at an estimated 9.1% CAGR over 2015-2020, tertiary treatment systems segment is projected to account for the largest share of the market by 2020 end.
Based on geography, the global produced water treatment systems market is classified into five regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. North America will continue to be the largest regional market for produced water treatment systems, attributed to wide acceptance of tertiary treatment technology among end-use sectors. Up from US$ 1.73 Bn registered in 2015, North America will witness a CAGR of over 8% during 2015-2020. Asia Pacific is expected to be the second largest market with a moderate CAGR of 4% estimated over 2015-2020. Europe and APAC will continue to represent lucrative markets, whereas Latin America’s market share is poised to rise up by 2020 end.
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/methodology/12949
The global produced water treatment systems market is operated by a number of companies. Some of the key players analyzed in PMR’s produced water treatment systems market report are Aker Solutions, Siemens AG, FMC Technologies, Inc., Alderley plc, Frames Group, Veolia, Aquatech International, CETCO Energy Services, Ovivo, Eco-Tec, ThermoEnergy Corporation, Schlumberger Limited, Global Water Engineering, Miox Corporation, and Ecosphere Technologies, Inc..
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Growing End-use Adoption to Fuel Sales of Produced Water Treatment Systems Market During the Forecast Period here
News-ID: 1447672 • Views: …
More Releases from Persistence Market Research
Truck Mounted Concrete Mixers Market to Reach US$12,956.8 Mn by 2032, Expanding …
The global Truck Mounted Concrete Mixers Market is set for remarkable growth, projected to reach a valuation of US$12,956.8 Mn by 2032, up from US$9,026.1 Mn in 2025, registering a steady CAGR of 5.3% between 2025 and 2032. According to the latest insights, the market is witnessing robust expansion fueled by rising urbanization, infrastructure development projects, and technological advancements in construction equipment manufacturing.
This newly released market study provides an in-depth…
India Tire Pressure Sensor and Airbag Sensor Market to Reach US$ 684.6 Mn by 203 …
According to a new market study published by Persistence Market Research, the India Tire Pressure Sensor and Airbag Sensor Market is poised for robust expansion over the next decade. The market, valued at US$ 311.3 million in 2023, is projected to reach US$ 684.6 million by 2033, reflecting an impressive compound annual growth rate (CAGR) of 8.2% during the forecast period (2023-2033).
The report presents a deep dive into the evolving…
Global Industrial Tires Market to Reach US$ 35.91 Billion by 2032, Growing at a …
According to the latest analysis by Persistence Market Research, the global Industrial Tires Market is projected to reach a valuation of US$ 30.14 billion in 2025 and is anticipated to expand to US$ 35.91 billion by 2032, registering a CAGR of 2.53% during the forecast period from 2025 to 2032. The comprehensive report delivers an in-depth understanding of the industry's growth trajectory, covering both qualitative and quantitative insights. It explores…
Global Ship Hull Inspection Services Market to Reach US$ 5,984.0 Mn by 2032, Exp …
According to the latest study by Persistence Market Research, the global Ship Hull Inspection Services Market is poised for substantial growth over the forecast period from 2025 to 2032. The market is estimated to reach a value of US$ 3,606.9 Mn by the end of 2025, and is projected to expand at a compound annual growth rate (CAGR) of 7.5%, attaining a valuation of US$ 5,984.0 Mn by 2032.
The report…
More Releases for PMR
Starch Derivatives Market Outlook by 2021 : PMR
Starch derivatives, also known as modified starch, are prepared by enzymatically, physically or chemically treating native starch to alter its properties. Starch derivatives are used in a number of industries for various functions. They are used as thickeners and stabilizers in the food and beverage industry, as a tablet binder in the pharmaceutical industry, as an emulsifier in cosmetics, and fiber additive in the animal feed. Some of the other…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
Global Ceilings Market Snapshot by 2020 : PMR
Ceiling is overhead interior portion within the room which covers the upper portion of the room. Main purpose of ceiling is to achieve the desired height of the roof in the room. Ceilings are frequently decorated with attractive paintings, mosaic tiles and other different designs. Major advantage of decorated ceiling is that it gets protected from damage by fingers and dust. There are certain ceilings which are fire resistance; dropping…
