close

Enter

Log in using OpenID

Produced water treatment systems market

embed
Ever-increasing demand for crude oil will be the primary booster to produced water treatment systems market. A notable factor expected to push the sales of efficient yet cost-effective produced water treatment systems, is scarcity of usable water in
Steady Growth Prospects for Produced Water Treatment Systems Market, Global
Revenues Will Cross $ 6 Bn in 2020: Persistence Market Research
According to a recent report outlook published by Persistence Market Research, the global market for
produced water treatment systems market will follow stable growth through 2020. North America will
remain the largest market.
Ever-increasing demand for crude oil will be the primary booster to produced water treatment systems
market. A notable factor expected to push the sales of efficient yet cost-effective produced water
treatment systems, is scarcity of usable water in developing countries.
By 2020 end, Persistence Market Research projects hyped volumes of generation of produced water. This,
in addition to the growing ratio of oil to produced water, will favor the market for produced water
treatment systems in near future.
“The oil and gas sector has been constantly witnessing exploration of available onshore and offshore
reserves. This will play a pivotal role in generating the demand for superior produced water treatment
systems over the next few years,” says a research analyst from Persistence Market Research.
Government measures regarding the disposal and reuse of produced water will foster the market for
advanced produced water treatment systems, complying with the respective environmental impact
regulations. However, expensive installation costs and complex operation can pose a longstanding barrier
to market growth through 2020 and ahead.
Market analysis based on technology
The report analyzes the produced water treatment systems market by technology, which indicates that
secondary and tertiary treatment segments currently hold a majority revenue shares in the market. The
market forecast says that tertiary treatment segment will remain the key segment and possibly emerge
faster at a CAGR of over 9% during the forecast period.
Browse complete report @ https://www.persistencemarketresearch.com/market-research/produced-watertreatment-systems-market.asp
Market analysis based on region
The report also analyzes the produced water treatment systems market on the basis of geography.
Regional analysis reflects clear dominance of North America, primarily due to rapid adoption of tertiary
treatment systems by a range of end-user industries. The North American market will also be the fastest
growing market with an estimated CAGR of over 8%. Another key market will be Asia Pacific; however,
growth of this region is expected to be modest by 2020 end. Europe will also remain a lucrative market
for produced water treatment systems providers.
Key players analysis
The report also covers in-depth profiles of some of the key players competing in the global produced
water treatment systems market. A few companies include Siemens AG, FMC Technologies, Inc., Aker
Solutions, Alderley plc, Aquatech International, Frames Group, Schlumberger Limited, Veolia, CETCO
Energy Services, Ovivo, Eco-Tec, Global Water Engineering, Miox Corporation, ThermoEnergy
Corporation, and Ecosphere Technologies, Inc.
Alderley plc is known for its expertise in primary treatment technologies, whereas Veolia specializes in
off-shore produced water treatment systems. Aquatech International prioritizes biological processes,
while Siemens focuses on advanced biological wastewater treatment.
Author
ashutosh
ashutosh164   documents Email
Document
Category
Business and Leadership
Views
17
File Size
45 KB
Tags
system, Produced Water Treatment Systems Market
1/--pages
Report inappropriate content