FMI Predicts Produced Water Treatment Systems Market to Reach US$ 6.2 Bn by 2020

Veröffentlicht von: Future Market Insights
Veröffentlicht am: 21.07.2017 11:36
Rubrik: Handel & Wirtschaft

(Presseportal openBroadcast) - Produced Water Treatment Systems Market Overview
Global produced water treatment systems market is projected to reach US$6.2 billion by 2020 at an estimated CAGR of 6.1% during the forecast period. Produced water has few chemical characteristics of hydrocarbon formations as it has been in contact with hydrocarbons such as oil & gas. This generated water from oil and gas industry is either reused or disposed of due to stringent water disposal norms. Produced water may consist of water from the reservoir, previously injected water and production enhancement chemicals. Therefore, treatment of such water requires series of treatment processes to ensure quality of treated water.
Technology Overview
On the basis of technology, produced water treatment technologies market is segmented as primary treatment systems, secondary treatment systems and tertiary treatment systems. Secondary treatment systems segment dominates the total market accounting around 38.1% of market revenues in 2014. Despite being the smallest segment is 2014, tertiary treatment systems is identified as the fastest growing market during the forecast period with CAGR of 9.1%. Though, primary treatment systems accounts for a significant market share in 2014, it is projected to grow at lower CAGR during the forecast period.
Water treatment technologies such as ultra-filtration (polymer membrane), forward osmosis, membrane distillationand adsorption are likely to emerge as commercially available water treatment technologies by 2020.
Request For Report Sample@
Regional Overview
As of 2014, North America dominates the market and accounts for around 37.1% of the global market, followed by Asia Pacific and Europe. North America produced water treatment systems market is expected to reach US$2.6 Bnby 2020. In 2014, Europe and Asia Pacific were other major contributors to the total market. These regions together accounted for around 43% of the global market in 2014. Though, Latin America accounted for miniscule share in the total market, it is expected to register a substantial growth rate during the forecast period.
Drivers and Trends
Increasing unconventional oil & gas production, rising oil to produced water ratio, growing regulatory standards and water scarcity are few of the key driving factors of the global produced water treatment systems market. Produced water reinjection is becoming the norm in the petroleum industry. In 2014 alone, 201.4 Bn barrels of produced water were generated from oil and gas wells across the globe. Of these, 68% barrels water was disposed of, and rest was re-injected into oil fields, both onshore and offshore. As resultant, produced water volumes are expected to rise to over 340 Bn barrels by 2020. In addition, offshore reinjection is anticipated to display a fastest CAGR of 23% from 2014 to 2020, followed by onshore reinjection.
Produced Water Treatment Systems Market Press Release :
The report profiles the key strategies and financial outlook ofSiemens AG, Alderley plc, Frames Group, Aker Solutions, Aquatech International, Schlumberger Limited, FMC Technologies, Inc., Veolia, CETCO Energy Services, Eco-Tec, ThermoEnergy Corporation, Ecosphere Technologies, Inc., Miox Corporation, Ovivo and Global Water Engineering. The report also analyses future market strategies of treatment systems manufacturers to sustain the competition.


Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.

Bitte beachten Sie, dass für den Inhalt der hier veröffentlichten Meldung nicht openBroadcast verantwortlich ist, sondern der Verfasser der jeweiligen Meldung selbst. AGB | Haftungsausschluss.