Albany, NY -- (SBWIRE) -- 01/18/2019 -- Demand for produced water treatment has witnessed notable advancements in the recent years, with the use of computer-aided design techniques and advanced materials. This has led to advent of new-generation reciprocating engines and turbines, thereby increasing the equipment efficiency & reliability and reducing pollutant emissions from installation of the produced water treatment plants.
Optimization and exploration of treatment technologies such as electrochemical techniques is estimated to be the future of produced water management, owing to the fact that produced water is a potential electrolyte because of its good conductivity. By using fuel cell and electrodeposition, photoelectrochemistry, and water electrolysis, electrochemical engineering can attain storage of energy and recover important metals from produced water with less or no negative impact on the environment. This has further led the governments to motivate the manufacturers regarding the development and adoption of advanced technologies in the produced water treatment, which in turn will propel the growth of the market.
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Aforementioned insights have been extracted from the study titled, "Produced Water Treatment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026," included recently to Market Research Hub's all-inclusive repository.
The produced water treatment market in Asia Pacific and Europe are estimated to witness robust growth in the near future. Increase in government initiatives for infrastructure development and rise in oil and gas exploration activities will drive the demand for produced water treatment services in these regions
Produced Water Treatment Market: Report Summary
The primary aim of this report is to offer a brief analysis of the produced water treatment market, along with study of key drivers, trends, challenges and opportunities that influence the market growth. With 2017 as base year, the report offers a precise forecast on the produced water treatment market to the year 2026. Size of the market has been provided in terms of volumes (Mn Bbls) and value (US$ Mn).
The report has also incorporated a detailed discussion on economic as well as technological trends influencing expansion of the produced water treatment market. The report also delivers a segmental analysis of the produced water treatment market, and includes imperative market numbers such as value and volume comparison, and CAGRs of the market segments identified in the report.
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The report has also offered assessment of the produced water market by splitting it geographically into Latin America, North America, Middle East & Africa, Europe, and Asia-Pacific. A country-level analysis on the produced water treatment market in all these regions has also been offered in the report.
Produced Water Treatment Market: Contents of the Report
The report includes 162 data tables along with 41 additional charts to give a brief forecast of the produced water treatment market. An overview of the produced water market has been offered in the report, along with assessment of key application areas of produced water treatment. Country specific analysis and data for the U.S., Canada, the U.K, Germany, Mexico, Russia, India, China, Argentina, Brazil, Saudi Arabia, and Oman have been incorporated in the report.
A peek into the environmental concerns as well as government regulations associated with the industry has led to accurate analysis on the dynamics of the produced water treatment market. The report also offers in-depth study of the competition landscape of the produced water treatment market. Key players identified in the report include Suez S.A., Siemens AG, Halliburton, Schlumberger Ltd., and TechnipFMC plc.
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