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Press Release / News & Society / Produced Water Treatment Market Analysis, Size, Share, Latest Innovation, Trends and Forecast to 2027

Produced Water Treatment Market Analysis, Size, Share, Latest Innovation, Trends and Forecast to 2027

By Market Research Future on September 19 2018 | 20 Views

Produced Water Treatment Market Information Report by Well type, by Treatment (Chemical, physical and Membrane.) and by Region - Forecast to 2027

Produced Water Treatment Global Market Global Market – Overview
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.
Produced water treatment is basically the treatment of salty water trapped in the reservoir rock and is brought up along with Oil and Gas during production.  This salty water can’t be discharged to surface water as it contains hydrocarbons and metals and thus needs to be treated. With the surge in the Oil and Gas industry in recent times, the demand in the Produced Water Treatment Market is also expected to rise. With the development of new technology through innovation the market for Produced Water Treatment is expected to witness significant growth in the Forecast period.
 
Industry Top Key Players:-

Schlumberger Limited
CETCO Energy Services.
Siemens AG
Aker Solutions
Alderley plc

 
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Market Trends:-
The industry is estimated to perform significantly in light of substantial investments by oil marketing companies (OMC), opening new growth opportunities over the forecast period. For instance, in July 2016, a research partnership between the USGS, ONGC, and the JAMSTEC discovered huge reserves of natural gas hydrates in the Indian Ocean. This trend is bound to open new avenues for the industry in coming years.
 
Industry/ Innovation/ Related News:-
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: Regional Analysis
APAC is expected to register a high growth rate primarily owing to the shortage of fresh water in these regions. Hence, technological advancements in the field have increased that aim to obtain fresh water using water treatment methods. Other than this, depleting reserves of crude oil on account of rising capital costs in exploration and production has forced oil companies to invest in alternate sources including oil and gas hydrates. This trend promotes the usage of produced water treatment as an alternative in the region.
 
Browse Complete Report @ https://www.marketresearchfuture.com/reports/produced-water-treatment-market-1596 
 
The market in Europe is anticipated to grow at an unfaltering rate throughout the appraisal period due to increase in maturing fields in large petroleum producing region like Europe. There is a large-scale production of water from the reservoirs in the region, which paves the way for the market expansion in the region.
 
About Us:-
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact: - Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com
 



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