Persistence Market Research

Oilfield Water Treatment Services Market Anticipated to Grow at a Significant Pace by 2028

Persistence Market Research has announced the addition of the “Oilfield Water Treatment Services Market" report to their offering.

 

New York, NY -- (SBWIRE) -- 09/25/2018 -- Oilfield water treatment services market are set to experience a sizable growth over the coming years on the back of booming oil industry. Moving ahead, waters produced and generated during the extraction of oil reserves must be properly managed and treated in order to mitigate any impacts on the environment and existing water supplies. This can be treated by utilizing oilfield water treatment services. The chemistry and proportion of produced waters at the oilfield is highly variable and complex. These produced waters are considered as brackish water solutions containing a huge amount of dissolved salts and minerals. Thus, a significant concern for effective treatment strategies for these waters is removing or reducing the amount of dissolved solid concentration prior to disposal and subsequently, oilfield water treatment services came into play. Similarly, the huge volumes of produced water generated per year from oilfields require economical, effective and environmentally friendly oilfield water treatment services.

Importantly, the ability to reduce produced water and to curb freshwater supply can improve oilfield operator profitability and contribute to water conservation. To meet up with several objectives, operators have been utilizing various physical, biological, and chemical oilfield water treatment services for produced water management. Subsequently, the aim of the oilfield water treatment services study is to analyze the most recent trends and dynamics in the global and regional oilfield water treatment services market.

Global Oilfield Water Treatment Services Market: Market Dynamics

Water shortage and environmental issues are the most important concerns around the globe. Federal government across the world have been attempting measures to preserve groundwater utilized in an oilfield, thereby proliferating a substantial level of opportunities for oilfield water treatment service providers. Furthermore, the global oilfield water treatment services market is heavily affected by events like unrest in oil-producing regions (Iran and Iraq), new oil field discoveries, and advances in oil extraction technology. In addition to this, many water-stressed nations with oilfields are considering ways to supplement their limited freshwater resources by focusing on economic and efficient methods associated with the oilfield water treatment services to treat oilfield water.

Growth areas in the oilfield water services market include enhanced oil recovery with treated produced water adding value to the oil field through reinjection. Government regulations pertaining to promote investment in advance technologies are stipulated to augment the growth in the oilfield water treatment services market. Aforementioned factors delineating a positive outlook for the oilfield water treatment services market.

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Global Oilfield Water Treatment Services Market: Market Segmentation

The global oilfield water treatment services market can be segmented on the basis of service type, treatment technology, the drilling technique, and region.

On the basis of service type, the global oilfield water treatment services market can be segmented as:

Solids Removal
Pond Management
Saltwater Disposal
On the basis of treatment technology, the global oilfield water treatment services market can be segmented as:

UV and Chemical Oxidation Treatment
Voraxial Impeller-Induced Cyclonics
Gas Flotation
Media Filtration
Membrane Treatment Technology
Ion Exchange
Others (Dewvaporation etc.)
On the basis of the drilling technique, the global oilfield water treatment services market can be segmented as:

Onshore oilfield water treatment services
Offshore oilfield water treatment services

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