-- Produced Water Treatment Market to Rise At notable CAGR and reach remarkable value by 2023, according Global Produced Water Treatment Market Analysis Report published by Market Research Future. The produced water treatment system is used for the treatment of salty water trapped in the reservoir rock and is brought up along with Oil and Gas during production. Global Produced Water Treatment Industry Report analyzes Market for Produced Water Treatment by Well type (Land and Offshore), by Treatment (Chemical, physical and Membrane), Region with Forecast to 2023.
Major Produced Water Treatment Companies covered in the market report include Siemens AG, CETCO Energy Services, Schlumberger Limited, Alderley plc, and Aker Solutions.
Free Sample “Produced Water Treatment Market Research Report – Global Forecast till 2023” report at: https://www.marketresearchfuture.com/sample_request/1596
Global Market Highlights:
Produced water is obtained from oil and gas reservoirs and is passed through a process of treatment to make it suitable for use in various applications. Produced water is emplaced back into the reservoir or disposed to the sea. In any case, the water must be properly treated owing to tight onshore and offshore discharge regulations which induce the need for produced water treatment. The global produced water treatment market has gained traction in recent years due to the growing stringency of environmental limits, and Market Research Future (MRFR) perceives impressive growth in the coming review period of 2017-2022.
The manufacturing industry have been the major contributor for the economic growth of the country. The growth in the industry sector is expected to drive the produced water treatment system market. The stable growth of water and sewer sector due to monopolistic business nature and essentiality of the service will also drive the market. South Global countries are witnessing continues development in the manufacturing sector which is expected to drive the produced water treatment system market. The mining industries in Brazil and Chile have been growing at a steady pace since 2010. Produced water treatment system is used extensively in the industrial applications. According to World Bank, the annual percentage growth for industry was 2.353 % in 2013 and it increased to 3.203 in 2015.
Produced water management involves significant costs and must be controlled to enhance project economics. Moreover, fresh-water scarcity problems have put relentless pressure on the industry to treat and reuse produced water. Various water-stressed countries are focusing on methods to supplement their limited water resources and are increasingly opting for produced water treatment to channelize the treated produced water into industrial and agricultural uses.
Produced Water Treatment Industry Segments:
The global Produced Water Treatment Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Well Type: Comprises Land and Offshore
Segmentation by Treatment: Comprises Chemical, Physical and Membrane
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Regional Analysis:
By region, the produced water treatment market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
North America is the domineering the produced water treatment market, led by the US. The growth of the market can be attributed to the accelerated offshore exploration and production activities in the region. The shale gas exploration in the US, in particular, has provided an impetus to the growth of the market. Moreover, growing concerns regarding water scarcity and increased focus on recycling and reuse have spurred the growth of the North America market. Stringent regulations set by the United States Environmental Protection Agency (USEPA) mandates a maximum discharge of 42 ppm daily oil & grease.
Europe is a significant market for produced water treatment and is driven by stringent government regulations pertaining to water conservation. The European Union adopted the Water Framework Directive (WFD) in 2000 and is committed to zero discharge’ policy to limit water pollution which fosters the growth of the produced water treatment market in Europe.
The APAC produced water treatment market is anticipated to showcase exponential growth over the forecast period. Growing water scarcity in the region coupled with the increased use of recycled water for industrial application is boosting the growth of the market. In Australia, 30 ppm is the permitted offshore discharge limit while in China it is 10 ppm.
TABLE OF CONTENTS:
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Market Structure
2.4 Key Takeaways
2.5 Key Buying Criteria
3 Market Insights
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
4.6 List Of Assumptions
5 Market Dynamics
5.1 Introduction
5.2 Drivers
Continued…
LIST OF TABLES:
Table 1 Global Produced Water Treatment Market: By Region, 2018-2023
Table 2 North America Produced Water Treatment Market: By Country, 2018-2023
Table 3 Europe Produced Water Treatment Market: By Country, 2018-2023
Table 4 Asia-Pacific Produced Water Treatment Market: By Country, 2018-2023
Table 5 RoW Produced Water Treatment Market: By Country, 2018-2023
Continued…
LIST OF FIGURES:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down & Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter's Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued…
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Release ID: 88893095
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