Press release
Produced Water Treatment Systems Market Will Expand At A CAGR of 6.1% Over The Forecast Period.
A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/12949
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.
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.
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..
To view TOC of this report is available upon request @ https://www.persistencemarketresearch.com/methodology/12949
While Alderley plc is recognized as one of the top companies leading in primary treatment technologies, Veolia pioneers in off-shore produced water treatment. Aquatech International is concentrating on low CAPEX and OPEX biological processes, whereas Siemens is focusing solely on advanced biological wastewater treatment.
Long-term Outlook: The global market for produced water treatment systems is expected to surpass revenues worth US$ 6 Bn by 2020 end. The market will expand at a CAGR of 6.1% over 2015-2020.
Table Of Content
1. Global Produced Water Treatment Systems Market – Executive Summary
2. Global Produced Water Treatment Systems Market – Acronyms and Assumptions
3. Global Produced Water Treatment Systems Market – Research Methodology
4. Global Produced Water Treatment Systems Market Taxonomy
5. Global GDP & Energy Demand Outlook
5.1. Global GDP forecast
5.2. Global Energy Demand by Source Type
6. Global Crude Oil and Natural Gas Production Outlook
6.1. Global Oil & Natural Gas Production Outlook
6.1.1. Global Onshore and Offshore Crude Oil Production
6.1.2. Global Onshore and Offshore Natural Gas Production Outlook
6.2. Regional Oil & Natural Gas Production Outlook
7. Produced Water Production Outlook
7.1. What is Produced Water?
7.2. Water:Oil Ratio & Water:Natural Gas Ratio
7.3. Global Produced Water Production
7.4. Global Produced Water Production from Oil by Source
7.4.1. Global Onshore Produced Water Production from Oil
7.4.2. Global Offshore Produced Water Production from Oil
7.5. Global Produced Water Production from Natural Gas by Source
7.5.1. Global Onshore Produced Water Production from Natural Gas
7.5.2. Global Offshore Produced Water Production from Natural Gas
7.6. Global Produced Water Production by Region
7.6.1. North America Produced Water Production Outlook
7.6.2. Europe Produced Water Production Outlook
7.6.3. Asia Pacific Produced Water Production Outlook
7.6.4. MEA Produced Water Production Outlook
7.6.5. Latin America Produced Water Production Outlook
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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.
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