Global Produced Water Treatment Market 2024-2028
Technavio has been monitoring the produced water treatment market and is forecast to grow by USD 2976.8 mn during 2023-2028, accelerating at a CAGR of 7.06% during the forecast period. Our report on the produced water treatment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing global concerns regarding water scarcity, increased produced water volumes in mature oil fields, and increase in world energy demand.
Technavio's produced water treatment market is segmented as below:
By Application
By Technology
- Secondary treatment
- Primary treatment
- Tertiary treatment
By Geography
- North America
- Europe
- Middle East and Africa
- South America
- APAC
This study identifies the rise in unconventional oil and gas resources as one of the prime reasons driving the produced water treatment market growth during the next few years. Also, advances in produced water treatment technology and expansion of water treatment technology and reuse of produced water for beneficial purposes will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the produced water treatment market covers the following areas:
- Produced water treatment market sizing
- Produced water treatment market forecast
- Produced water treatment market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading produced water treatment market vendors that include Aker Solutions ASA, Alderley Plc, Aquatech International LLC, Baker Hughes Co., Enviro Tech Systems, Exterran Corp., Frames Energy Systems BV, Genesis Water Technologies Inc., Halliburton Co., IDE Water Technologies, Minerals Technologies Inc., NOV Inc., Ovivo Inc., Prosep Inc., Schlumberger Ltd., Siemens Energy AG, SUEZ SA, TechnipFMC plc, Veolia Environnement SA, and Weatherford International Plc. Also, the produced water treatment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.