Produced Water Treatment Market Scope
The global produced water treatment market is expected to grow in the future due to the continuous growth of shale oil & gas exploration and the rising use of various advanced technologies in water treatment. Produced water is typically generated in large quantities for the lifespan of a well. It is made up of natural formation water as well as the uphole return of water injected into the formation as part of an enhanced recovery operation. Growing demand for oil & gas coupled with increasing extraction activities and stringent regulations regarding produced water discharge limits is expected to propel the market during the forecast period.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Produced Water Treatment market throughout the predicted period.
Alderley (England), FMC Technologies (United States), Veolia (France), Aquatech International (United States), Aker Solutions (Norway), Weatherford (United States), CETCO Energy Services (Indonesia), Baker Hughes (United States), Siemens (Germany) and Exterran(United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Schlumberger (United States), Ecosphere Technologies (United States) and DPS Global (United Kingdom).
Segmentation Overview
The study have segmented the market of Global Produced Water Treatment market , by Application (Onshore and Offshore) and Region with country level break-up.
On the basis of geography, the market of Produced Water Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Use of Advancement Technologies Such as Media Filtration, Adsorption, Oxidation, Ceramic Microfiltration/ultrafiltration, and Others
Market Growth Drivers:
Rising Stringent Environmental Regulations related to Produced Water and Increase In The Number Of Mature Fields Worldwide
Challenges:
Lack of Regulations Pertaining to Water Management in the Energy Sector
Restraints:
Complexity in the Produced Water Operational
Opportunities:
Growth in the Oil and Gas Industry and Use Of Produced Water For Industrial Purposes
Key Target Audience
Produces Water Treatment Manufacturers, Produces Water Treatment Suppliers, New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, Research and Development (R&D) Companies and End-Use Industry
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.