Transparency Market Research has published a new report "Produced Water Treatment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 " to its report store.
Albany, NY -- (SBWIRE) -- 01/07/2016 -- Provides a detailed overview of the global produced water treatment market. The report analyzes the factors affecting the growth of the market and estimates the size of the market by the end of the forecast horizon. Industry data has been studied to predict the future outlook of the market. The report studies the global produced water treatment market across key regions and profiles some of the prominent players operating in the market.
In-depth research report on Produced Water Treatment Market with Full TOC at : http://www.transparencymarketresearch.com/produced-water-treatment-market.html
Produced water contains both organic and inorganic compounds that are produced during the extraction of oil and gas. Though produced water is generated in large quantities, there is no specific distinction between oil management and management of produced water in terms of administrative divisions. However, there are multiple stages within oil management that cater to the management of produced water. Oil management bodies focus on minimizing the amount of water produced, thereby aiming at treatment and disposal of lesser volume of water. Across conventional oil production facilities, there is an exponential proportion between the amount of oil extracted and the volume of water produced.
The report anticipates the global produced water treatment market to grow steadily due to increase in the rate of exploration of on-shore and off-shore oil and gas resources. The growing demand for oil and gas across the globe has resulted to rise in extraction procedures in terms of number of installations and production volume. The increasing prevalence of fracking or land gas drilling through the use of hydraulic fracturing has also augmented the growth of the market. Further, the market has been propelled by the growing demand for better water treatment solutions across countries such as India and China. However, the report points out that high installation costs and operation costs would restrain the growth of the market during the forecast horizon.
The report studies the global produced water treatment market across four key regions: North America, Asia Pacific, Europe, and Rest of the World. In the past couple of years, North America has been a leading region in the market due to increase in oil exploration and stringent environmental regulations regarding the release of polluted and treated water in water bodies.
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The report profiles some of the key players in the global produced water treatment market such as Weatherford, Suez Environment, Siemens, Cetco Energy Services, Veolia, Baker Hughes Inc., Schlumberger, FMC Technologies, Halliburton, Ovivo, GE Water, and Enviro-Tech Systems. The key players are facing the challenge of high maintenance costs of operating large-scale water treatment requirement.
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