Albany, NY -- (SBWIRE) -- 07/25/2017 -- Produced water in the oil and gas industry is the water that is produced along with the crude oil and natural gas from petroleum wells. Petroleum reservoirs often contain water along with the liquid and gas hydrocarbons and this water is usually present below the zone of hydrocarbons. Water is the largest by-product obtained during oil and gas production and contain foreign materials such as grease and salt. The wastewater includes the water obtained from sewage systems, water injected into wells, drilling of exploration wells, oil and gas processing, and refining. Proper and effective management of water is necessary to improve oil production, enhance environmental protection and operational efficiency, and boost savings. Produced water is the term used in the oil and gas industry for the water that is produced along with the crude oil and natural gas from petroleum wells. Petroleum reservoirs often contain water along with the liquid and gas hydrocarbons and water is usually present below the zone of hydrocarbons.
The global produced water treatment market to grow at a CAGR of 5.40% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global produced water treatment market for 2017-2021. To calculate the market size, the report considers the new installations and services.
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The market is divided into the following segments based on geography:
Technavio's report, Global Produced Water Treatment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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- CETCO Energy Services
Other prominent vendors
- Aker Solutions
- Aquatech International
- atg UV Technology
- Baker Hughes
- DPS Global
- Ecosphere Technologies
- FMC Technologies
- Genesis Water Technologies
- IDE Technologies
- South Water
- Rising demand for oil and gas
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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