Produced Water Treatment Systems Market

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Produced Water Treatment Systems Market
Global Produced Water Treatment Systems
Market to be Driven by Adoption of Tertiary
Equipment: Future Market Insights
Future Market Insights (FMI) announces the release of its new research report titled “Global
Produced Water Treatment Systems Market Analysis and Opportunity Assessment
2014–2020". FMI forecasts that growth in the global produced water treatment systems
market will open up opportunities for mobile rental system operators and companies that rent out
equipment specific to this industry in the near future. This report provides a detailed collation of
market data, and offers a snapshot of 2013 market conditions. According to this report, the market
for produced water treatment systems is estimated to grow at a robust CAGR of 6.1% during the
forecast period.
Offering some insight into the geographical distribution of the market, AbhishekS. said, “North
America is the dominant regional segment in the global produced water treatment systems market,
thanks largelyto the high revenue generated by the U.S.The North American market accounts
forover one-third of the global market.”North America’s share in the global market is expected to
increase during the forecast period.Markets in Asia Pacific and Europeare also expected to expand
during the forecast period.
Stringent environmental norms governing the disposal of produced waterin North America are
responsible for the dominant market share of this region.Treatment of produced water is mandatory
in North America and Europe, resulting in these regions accounting for higher market shares
compared to others.
Produced water reinjection is becoming the norm in the petroleum industry. In 2014 alone, 201.4
billion barrels of produced water were generated from oil and gas wells across the globe. Of these,
136.9 Bn barrels were disposed of, and over 65Bn barrels were re-injected into oil fields, both
onshore and offshore.According to Abhishek, the increased generationof produced water is due to
the fact that pre-existing oil wells areageing.
Browse Full "Global Produced Water Treatment Systems Market Analysis & Opportunity
Assessment,2014-2020"Report athttp://www.futuremarketinsights.com/reports/details/producedwater-treatment-market
“As oil wells become older, oil production begins to drop and more produced water is re-injected to
help sustain production,”Abhishek stated, adding, “Produced water volumes are expected to rise to
over 340Bn barrels by 2020.” Reinjection of produced water, in both onshore and offshore wells, is
expected to grow at a double-digit CAGR from 2014 to 2020.Consequently, American oil wells, most
of which are old, will be the prime drivers of the market till 2020.
Three types of technology are used in produced water treatment systems: primary, secondary and
tertiary. Of these, the secondary treatment systems held the dominant share in the market in 2013.
However, tertiary treatment systems are expected to grow at the fastest CAGR during the forecast
period. The technology used to treat saline produced water generated offshore will also emerge as a
strong contender in the near future.
For Any Query on This Report Ask Us: http://www.futuremarketinsights.com/askus/rep-gb--86
The emergent technology in the produced water treatment systems market will have to be more
sophisticated, or customised to deal with produced water that is more contaminated. Consequently,
the leading players in the global produced water treatment systems market are opting for patented,
tertiary and innovative technologies. This is a key trend likely to drive growth of the global produced
water treatment systems market.
About Us
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated
research reports, custom research reports and consulting services which are personalized in nature. FMI
delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes,
technology inputs, valuable growth insights and an aerial view of the competitive framework and future
market trends.
Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Email:[email protected]
Website: www.futuremarketinsights.com
Press Release: http://www.futuremarketinsights.com/press-release

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