Pune, India -- (SBWIRE) -- 10/08/2018 -- Produced Water Treatment Market Global Market – Overview

The produced water treatment system are used for the treatment of salty water trapped in the reservoir rock and is brought up along with Oil and Gas during production. The produced water treatment are land and offshore with less requirements for installation. The major application of produced water treatment system are residential complexes and industrial sector. Different technology is ised for the treatment of water such as Chemical, physical and Membrane. According to a recent study report published by the Market Research Future, The global market of produced water treatment market is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (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.

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With economic advancement in emerging nations such as Brazil, the cities are becoming more populated. This has resulted into increasing disposable income, changing lifestyle and increasing health awareness. This has been changing the focus towards consumption of clean drinking water in urban areas and ultimately increased the sales of water filtration and disinfection equipment. Thus, urbanization is expected to increase the adoption of produced water treatment systems especially in emerging nations. The figure below shows the rising urban population over the last three years in the South-Global countries.

Study Objectives of Produced Water Treatment

- To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global Produced Water Treatment market

- To provide insights about factors affecting the market growth

- To Analyze the Produced Water Treatment market based on various factors- price analysis, supply chain analysis, Porters five force analysis.

- To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa

- To provide country level analysis of the market with respect to the current market size and future prospective

- To provide country level analysis of the market for segment by Well Type, by Treatment, and by region as well as its sub segments

- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Produced Water Treatment market

Intended Audience

- Produces Water Treatment manufacturers
- Produces Water Treatment Suppliers
- Research and Development (R&D) Companies

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Regional Analysis of Produced Water Treatment Market:

With the increase in the onshore and offshore exploration activities the North American region is expected to dominate the market for Produced Water Treatment. Asia-Pacific region is also expected to register high growth mainly due to the shortage of fresh water in these regions.

Key Players

Some of the key players in the Produced Water Treatment market are Siemens AG, Aker Solutions, Alderley plc, Schlumberger Limited, CETCO Energy Services.

The report for Produced Water Treatment Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Industry/ Innovation/ Related News:

The key strategies followed by most companies within the global Produced Water Treatment Market are that of new product development.

In 2017, GE Water & Process Technologies launched a new product PROflex for wide range of application such as general industrial, power, drinking water, food & beverage, pharmaceuticals and others. The reverse osmosis was developed to provide cost-effective and easy-to-configure system.

In 2017, Veolia Water Technologies have been given a contract to build an iron removal water treatment plant for providing facility to Senegal's water utility. This would increase the supply of drinking water to Dakar and its suburbs area.

Produced Water Treatment Market – Segmentation

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.
Produced Water Treatment Market: Regional Analysis

U.S. accounts for the largest market in the North America produced water treatment system. The rising concerns for optimal water usage across all sections of life are driving the market. It has been experienced that increased spending on modernization and up gradation of infrastructure in the country is driving the market. It is one of the major reasons for biggest market for such treatment system and gaining highest revenue growth. Furthermore growing water usage in commercial and institutional sector, increased water conservation movements, focus on recycling and reuse is fuelling the growth of the water storage systems market.

Being home to the most populous countries of the world such as China and India among others, the dominance of APAC becomes evident in the global produced water treatment system market value. The market has been experiencing rapid growth in the last two years owing to the increasing industrialization, rising preference towards purified water and government initiatives. Another major reason behind APAC leading the global market is that the countries within this region were able to sustain its economy during the global economic crisis of 2008-09 and have been able to showcase continued growth in water treatment production and sales across the globe.

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