Markets And Markets

Produced Water Treatment Market by Application, by Treatment Types, & by Geography - Global Trends & Forecast to 2019

Press Release   •   Oct 13, 2016 09:06 EDT

The report “Produced Water Treatment Market by Application (Onshore & Offshore), by Treatment types (Physical, Chemical, Membrane and Others), & by Geography - Global Trends & Forecast to 2019”, defines and segments the produced water treatment services market with analysis and forecasting of the global services revenue and applications. It also identifies driving and restraining factors for the produced water treatment services market with an analysis of trends, opportunities, burning issues, and winning imperatives.

Browse 73 market data tables and51 figures spread through 159 pages and in-depth TOC on “Produced water treatment Market - Global Trends & Forecast to 2019

http://www.marketsandmarkets.com/Market-Reports/produced-water-treatment-market-149046364.html

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The market is segmented and revenues are forecasted on the basis of regions, such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Produced water treatment Market by Services is projected to grow above $8.0 billion by 2019 at a CAGR of around 5% from 2014 to 2019.

The key countries are covered and forecasted for each region. Further, the market is segmented and revenues are forecasted on the basis of major types of services, such physical treatment, chemical treatment, and membrane treatment.

Produced water can be defined as the intensive and complex mixture of organic and inorganic compounds produced plenty while the production of the oil & gas from the reservoir. The quantity of the produced water from the wells various exponentially for the conventional sources of energy like oil and inversely for the unconventional source of energy like coal bead methane gas during the lifetime of the well. This water needs to be treated in order to be disposed or to be reused for the injection purposes. Multiple technologies are present for this treatment like membrane filtration technology, thermal technologies etc. The Produced water treatment market grew considerably in the recent past and will continue to grow at a decent rate globally with Asia-Pacific, Middle East, and European markets on a higher positive front.

The global Produced water treatment market size is estimated to exceed $8.0 billion by 2019. The major factors responsible driving the growth of this market include the energy sector growth in Africa and the Middle East along with, increasing strictness of environmental policies.

The North American region remains the largest market for Produced water treatment. The recent shale gas developments in the U.S. have pushed the explorations activities in the region thereby increasing the market.The Middle East and Asia-Pacific market continues to be the key growth area due to increasing awareness and shortage of fresh water in the countries like China and India.

Membrane technology is recent and upcoming technology used for the water treatment. Membranes are the micro porous films with specific pore ratings which selectively separate a fluid from its components. The report considers two types of the membrane technologies- polymeric and inorganic.

The water produced contains several impurities like dissolved and dispersed oil components including BTEX (Benzene, Toluene, ethylbenzene and xylene), PAHs (polyaromatic hydrocarbons) and phenols. This water is treated and is re-injected to increase the productivity from the well since the water act as the pushing force for the oil & gas up to the surface. Various treatments technologies are used to process this water out of which some are membrane technology, thermal technology, physical separation, chemical treatment etc.

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