Growth Opportunities for Sustainability and Circular Economy of Water in the Oil and Gas Industry, Global, 2024–2030
Sustainable Water Management is Driving Transformational Growth The global market for sustainable water management solutions in the oil and gas industry is experiencing robust growth due to several interrelated factors. Escalating water scarcity is pushing companies to seek alternative water sources and optimize their water usage. Concurrently, increasingly stringent environmental regulations on water discharge and disposal are compelling the industry to adopt more sustainable practices. Advances in water treatment technologies, coupled with innovations in digital solutions and nature-based approaches, are facilitating more efficient and cost-effective water management. The oil and gas sector is increasingly aware of the benefits associated with a circular water economy, which emphasizes minimizing freshwater withdrawal and wastewater discharge through effective treatment, reuse, and recycling within operational processes.
This Frost & Sullivan analysis delves into these growth opportunities, providing a detailed analysis of key market segments, including water and wastewater treatment equipment, design and engineering services, and operation and maintenance services, to highlight emerging trends and opportunities in sustainable water management.
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on the Sustainability and Circular Economy of Water in the Global Oil and Gas Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Growth Opportunity Analysis
Scope of Analysis
Segmentation-Technology and Services
Key Competitors
Companies Across the Value Chain
Growth Metrics
Competitive Environment
Revenue Share
Revenue Share Analysis
Growth Drivers
Growth Restraints
The 6P Framework Shaping the Sustainability and Circular Economy of Water in the Global O&G Industry
The 6P Framework-Policies, Products, and Processes
The 6P Framework-Platforms, Partnerships, and People
Long-term Global Oil Demand by Region
Energy Demand by Region
Primary Energy Demand by Fuel Type
Long-term Global Oil Demand Growth by Sector
Water Use and Disposal in the O&G Production Cycle
Water and Wastewater Flow Diagram in the Upstream Sector
Key Pollutant and Related Treatment Technology Categorization under Key Segments
Key Treatment Technologies in the Upstream Sector
Recycling and Reuse of Produced Water-Benefits
Recycling and Reuse of Produced Water-Challenges
Water Flow Diagram and Key Treatment Technologies in the Downstream Sector
Wastewater Flow Diagram and Key Treatment Technologies in the Downstream Sector
Digital Solutions in the O&G Water Treatment Industry
Benefits of Digital Solutions in the O&G Water Treatment Industry
Companies to Action
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Segment
Table O&G Water and Wastewater Treatment Industry: Revenue Forecast by Segment, Global, 2023-2030
Revenue Forecast by Region
Table O&G Water and Wastewater Treatment Industry: Revenue Forecast by Region, Global, 2023-2030
Revenue Forecast Analysis
Growth Opportunity Analysis: Americas
Growth Metrics
Revenue Forecast
Revenue Forecast by Segment
Table O&G Water and Wastewater Treatment Industry: Revenue Forecast by Segment, Americas, 2023-2030
Forecast Analysis
Growth Opportunity Analysis: Europe
Growth Metrics
Revenue Forecast
Revenue Forecast by Segment
Table O&G Water and Wastewater Treatment Industry: Revenue Forecast by Segment, Europe, 2023-2030
Forecast Analysis
Growth Opportunity Analysis: MEA
Growth Metrics
Revenue Forecast
Revenue Forecast by Segment
Table O&G Water and Wastewater Treatment Industry: Revenue Forecast by Segment, MEA, 2023-2030
Forecast Analysis
Growth Opportunity Analysis: APAC
Growth Metrics
Revenue Forecast
Revenue Forecast by Segment
Table O&G Water and Wastewater Treatment Industry: Revenue Forecast by Segment, APAC, 2023-2030
Forecast Analysis
Growth Opportunity Universe
Growth Opportunity 1: Advanced Downstream Treatment and Reuse in Refineries
Growth Opportunity 2: Digital Solutions for Water Optimization
Growth Opportunity 3: Produced Water Management and Reuse