Market Research Future (MRFR) asserts in its extensive report that the produced water treatment market is projected to grow at a healthy CAGR for the forecast period of 2018-2027. The booming oil and gas industry is expected to lend its assistance in extracting water from tough underground crevices. This is expected to propel the demand for the produced water treatment market. With the development of new technology through innovation, the market is anticipated to experience tremendous growth in the forecast period. Stringent government regulations and widespread scarcity of water have necessitated demand for produced water. This factor is also serving to provide immense opportunities for companies in the produced water treatment systems market. Moreover, burgeoning oil-to-produced water ratio also sustains the demand for produced water treatment systems.
Industry Major Key Players:-
- Schlumberger Limited
- Siemens AG
- Aker Solutions
- Alderley Plc.
- CETCO Energy Services
Get sample report for more information @ https://www.marketresearchfuture.com/sample_request/1596
Hach and Veolia have announced a three-year partnership agreement to establish Hach as a primary supplier of equipment for Veolia customers. From 2018-2020, Hach will be the only preferred provider of laboratory equipment and preferred supplier of process analyzers, samplers, and panel solutions. This strategic collaboration will help both the companies to achieve cost savings, streamline their procurement process, and also help improve their operational performance.
In a bid to increase water volumes produced in Uganda, the National Water and Sewerage Corporation (NWSC), Uganda, has teamed up with Sogea Satom, an investor in the industrial sector in France, to establish a water treatment plant that will serve the growing population in Kampala. The need for clean water for domestic use and other consumption in the region has fueled the need for the establishment of this water treatment plant. There is a need for sufficient water supply to serve the population and businesses in the region. This project is being built to cater for the water requirements in Uganda. The plant will be making use of produced water treatment to produce 160 million liters of water on a daily basis once it is built.
The produced water treatment market has been segmented on the basis of well type and treatment. By well type, the market is segmented into land and offshore. On the basis of treatment, the market has been segmented into chemical, physical and membrane.
Reason To Buy Report:-
- 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 be Continued…..
Enquiry For Complete Report @ https://www.marketresearchfuture.com/enquiry/1596
Geographically, the produced water treatment market is segmented into North America, Asia Pacific, and Rest-of-the-World (RoW).
Increasing onshore and offshore exploration activities have enabled North America region to dominate the market for produced water treatment. Also, government regulatory support, government requirements and promotional incentives for various technologies are propelling the market growth in an upward trajectory.
On the other hand, the Asia-Pacific region is also projected to register high growth primarily due to the shortage of fresh water in these regions. Technological advancement pertaining to water management in the oil & gas sector with an aim to ensure environmental protection is expected to have a positive impact on countries in the Asia Pacific. Moreover, depleting reserves of crude oil owing to rising capital costs in exploration and production is anticipated to force oil companies to invest in alternate sources including tight oil, and gas hydrates. This trend is projected to promote the usage of produced water treatment as an alternative for extraction purposes in the future.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar