Produced Water Treatment Systems Market Overview - PowerPoint PPT Presentation

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Produced Water Treatment Systems Market Overview

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Global produced water treatment systems market is projected to reach US$6.2 billion by 2020 at an estimated CAGR of 6.1% during the forecast period. Produced water has few chemical characteristics of hydrocarbon formations as it has been in contact with hydrocarbons such as oil & gas. This generated water from oil and gas industry is either reused or disposed of due to stringent water disposal norms. Produced water may consist of water from the reservoir, previously injected water and production enhancement chemicals. Therefore, treatment of such water requires series of treatment processes to ensure quality of treated water. Get Sample Report@ – PowerPoint PPT presentation

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Title: Produced Water Treatment Systems Market Overview


1
Produced Water Treatment Systems Market worth
US6.2 Bn by 2020
  • December 2014

Report Id REP-GB86 Status Publish Category
Energy, Mining, Oil, and Gas
2
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4
Produced Water Treatment Systems Analysis
  • Future Market Insights (FMI) announces the
    release of its new research report titled Global
    Produced Water Treatment Systems Market Analysis
    and Opportunity Assessment 20142020". FMI
    forecasts that growth in the global produced
    water treatment systems market will open up
    opportunities for mobile rental system operators
    and companies that rent out equipment specific to
    this industry in the near future. This report
    provides a detailed collation of market data, and
    offers a snapshot of 2013 market conditions.
  • According to this report, the market for produced
    water treatment systems is estimated to grow at a
    robust CAGR of 6.1 during the forecast period.
  • Offering some insight into the geographical
    distribution of the market, Abhishek S. said,
    North America is the dominant regional segment
    in the global produced water treatment systems
    market, thanks largelyto the high revenue
    generated by the U.S.The North American market
    accounts forover one-third of the global market.
  • North Americas share in the global market is
    expected to increase during the forecast
    period.Markets in Asia Pacific and Europeare also
    expected to expand during the forecast period.

5
Produced Water Treatment Systems Analysis
  • Stringent environmental norms governing the
    disposal of produced watering North America are
    responsible for the dominant market share of this
    region. Treatment of produced water is mandatory
    in North America and Europe, resulting in these
    regions accounting for higher market shares
    compared to others.
  • Produced water reinjection is becoming the norm
    in the petroleum industry. In 2014 alone, 201.4
    billion barrels of produced water were generated
    from oil and gas wells across the globe. Of
    these, 136.9 Bn barrels were disposed of, and
    over 65Bn barrels were re-injected into oil
    fields, both onshore and offshore.
  • Request Sample of Report with Table of Contents
    and Figures _at_ https//www.futuremarketinsights.com
    /reports/sample/rep-gb--86
  • As oil wells become older, oil production begins
    to drop and more produced water is re-injected to
    help sustain production, Abhishek stated,
    adding, Produced water volumes are expected to
    rise to over 340Bn barrels by 2020. Reinjection
    of produced water, in both onshore and offshore
    wells, is expected to grow at a double-digit CAGR
    from 2014 to 2020.Consequently, American oil
    wells, most of which are old, will be the prime
    drivers of the market till 2020.

6
Produced Water Treatment Systems Analysis
  • Three types of technology are used in produced
    water treatment systems primary, secondary and
    tertiary. Of these, the secondary treatment
    systems held the dominant share in the market in
    2013. However, tertiary treatment systems are
    expected to grow at the fastest CAGR during the
    forecast period. The technology used to treat
    saline produced water generated offshore will
    also emerge as a strong contender in the near
    future.
  • The emergent technology in the produced water
    treatment systems market will have to be more
    sophisticated, or customized to deal with
    produced water that is more contaminated.
    Consequently, the leading players in the global
    produced water treatment systems market are
    opting for patented, tertiary and innovative
    technologies. This is a key trend likely to drive
    growth of the global produced water treatment
    systems market.

7
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