NEW YORK, Oct. 26, 2016 /PRNewswire/ -- Produced water is a
blend of organic and inorganic compounds that are produced during
the extraction of oil and gas. Produced water is usually generated
in large quantities. Currently, there is no separation between oil
management and produced water in terms of administrative divisions.
There are, however, multiple stages within oil management that
cater to the management of produced water.
The primary aim of any oil management body is to minimize the
amount of water produced in order to reduce the volume of water
that is lifted and pumped and consequently reduce the volume of
water being treated and disposed. Most conventional oil production
scenarios witness an exponential proportion between the amount of
oil extracted and the volume of water produced. Unconventional oil
production methods show an inverse proportion between oil and
water.
This research report on the global produced water treatment market
provides descriptive analysis of all the features that drive it as
well as the obstacles that it faces currently. The report derives
relevant and valuable data from a curated archive and presents it
to the user in a format that applies to the current and future
trends in the global produced water treatment market. The research
is conducted in a segmented manner based on the various types of
treatment, including membrane, physical, and others.
The report provides a holistic study of the trends in the global
produced water treatment market through the eyes of its top
players, regions, and other categories. The report incorporates all
the recent developments that have occurred in the global produced
water treatment market, along with conclusive applications of top
rated research methodologies such as Porter's five force analysis
and SWOT analysis.
Overview of the Global Produced Water Treatment
Market
The global produced water treatment market is currently expected to
grow at a steady rate. One of the major drivers of the global
produced water treatment market is the increase in the rate of
exploration of on-shore and off-shore oil and gas resources.
Extraction procedures have scaled up in terms of number of
installations as well as production volume, further propelled by a
growing demand for oil and gas on a global level. The global
produced water treatment market also benefits from the growing
prevalence of fracking, or land gas drilling through the use of
hydraulic fracturing. As the production rates of the oil industry
increase, so will the demand from the global produced water
treatment market.
The market is also propelled by the constantly reducing supply of
usable water in developing countries such as India and China, thereby increasing the demand for
better water treatment solutions.
The market is, however, restrained by the high installation costs
and operation costs. Most top players in the oil and gas industry
are concerned about the scaling of water treatment processes with
their growing production of oil. They have also expressed concern
regarding the high maintenance costs of operating large-scale water
treatment equipment.
Regional analysis of the global produced water treatment market
reveals North America to have led
in the recent past, owing to an increase in oil exploration and
tightening government regulations over the release of treated and
polluted water in larger water bodies.
Companies Mentioned in the Research Report
The key players in the global produced water treatment market are
Siemens, Veolia, Cetco Energy Services, Baker Hughes Inc.,
Schlumberger, FMC Technologies, Ovivo, Halliburton, GE Water, and
Enviro-Tech Systems.
Read the full report:
http://www.reportlinker.com/p04002263-summary/view-report.html
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