Press release
Produced Water Treatment Systems Market to Touch US$2.6 Bn by 2020 in North America
Global About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports
Download the Exclusive Report Sample Here :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3957
TMR’s projections show that by 2020, produced water volumes will surpass the 340-bn barrel mark. This in indicative of a massive opportunity for companies offering produced water treatment equipment and services.
With Produced Water Reinjection Becoming Customary, Investments in Produced Water Treatment Systems to Rise
Across the world, it is now common practice to reinject produced water given the stringent government regulations at play and the overall scarcity of water. This trend is creating hitherto unexplored opportunities for companies in the produced water treatment systems market. In 2014, while 68% of the 201.4 bn barrels of produced water generated worldwide from oil and gas wells was disposed of, the rest was treated and injected back into oilfields at onshore and offshore locations.
This trend is expected led to a sizeable increase in produced water volume worldwide, reaching 340 bn barrels by 2020. At 23% from 2014 through 2020, offshore reinjection is expected to exhibit the fastest CAGR and will be followed by onshore reinjection.
Besides this high-impact driver, factors such as the rising ratio of oil-to-produced water and an inclination toward unconventional oil exploration are driving investments in produced water treatment systems, observes TMR.
Opportunity for Produced Water Treatment Systems to Touch US$2.6 Bn by 2020 in North America
Produced water treatment systems are expected to account for a market worth US$2.6 bn in North America by 2020. North America is also the clear leader in the global produced water treatment systems market. With crude oil production in North America projected to rise steadily through 2020, the demand for produced water treatment systems in the region is projected to remain strong.
With Asia Pacific and Europe trailing North America, the two regions collectively comprised 43% of the global produced water treatment systems market in 2014. The demand for produced water treatment systems in Latin America is expected to grow substantially through the forecasting horizon.
Aging Oil Wells Act as Spur to Development of Highly Efficiency Products and Services
The types of produced water treatment systems can be broadly classified into primary, secondary, and tertiary. Of these, secondary systems generated about 38.6% of the total market revenue in 2012 given the pressing need to cut oil content in produced water.
“However, the growing number of tertiary systems-especially the patented offerings combining the benefits of primary and secondary treatment systems as a bundled or packaged service-will witness strong adoption in the near future. So much so, that securing patents on innovative tertiary systems will lend players a strong edge over their counterparts,” says a TMR analyst. This will consequently lead to tertiary treatment systems displaying a 9.1% CAGR from 2014 and 2020 – the highest among all types of produced water treatment systems.
Produced water treatment systems represented a global market with a valuation of US$3.78 bn in 2012, which will rise to US$6.16 bn by 2020 at a CAGR of 6.1% between 2014 and 2020.
About Us
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.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://cmfeglobalreports.blogspot.in/
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 Produced Water Treatment Systems Market to Touch US$2.6 Bn by 2020 in North America here
News-ID: 432476 • Views: …
More Releases from Transparency Market Research-Energy
Titanium Diboride Market
Titanium diboride is a part of metallic hard materials group. It is widely known for its extreme hardness and its composition. It is composed of boron and titanium that are known for its resistance to mechanical erosion. It is also known to be a reasonable electrical conductor and therefore has application as a cathode material in aluminum smelting. It can also be shaped by electrical discharge machining. Titanium diboride is…
Static VAR Generator Market Projected to Grow at Steady Rate through 2025
Static VAR (Volt-Ampere Reactive) Generator which is also called high-voltage dynamic responsive power gadget & static synchronous compensator, performs dynamic power compensation with the help of reactive power compensation by a self-commutated control semiconductor connect inverter. Power quality has critical effect on power efficiency of static VAR generator. Good power quality lessens the vitality of energy loss and expands equipment lifespan for lower cost of static VAR generator.
Various industries are…
Torque Limiter Market Assessment and Forecast Report by Transparency Market Rese …
Torque Limiter Market: Overview
A torque limiter is a device that automatically shields mechanical equipment and its work from being damaged because of mechanical overload. It is possible for the torque limiter either uncouple the load completely (shear pin) or simply limit torque by slippage. A torque limiter is particularly useful to reduce damage caused by crash jams and stops. Torque limiters could either be packaged as a hub for sheave…
Stormwater Treatment Systems Market Set to Witness Steady Growth through 2017-20 …
Global Stormwater Treatment Systems Market: Overview
Stormwater originates during ice melts and precipitation events. It can run off or be held on the surface eventually getting evaporated or soak into the soil (called infiltration). Stormwater treatment means the removal of toxins and pollutants from the water. Running stormwater is a major source of pollution. The increased flow of stormwater can encourage weed…
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
