Global Produced Water Treatment Market 2020-2024
Technavio has been monitoring the produced water treatment market and it is poised to grow by $ 327 mn during 2020-2024 progressing at a CAGR of 1% during the forecast period. Our reports on produced water treatment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing global concerns regarding water scarcity and increase in world energy demand. In addition, increasing global concerns regarding water scarcity is anticipated to boost the growth of the market as well.
The produced water treatment market analysis includes application segment and geographical landscapes
Technavio's produced water treatment market is segmented as below:
By Geographic Landscapes
- North America
- South America
This study identifies the increased produced water volumes in mature oil fields as one of the prime reasons driving the produced water treatment market growth during the next few years.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our produced water treatment market covers the following areas:
- Produced water treatment market sizing
- Produced water treatment market forecast
- Produced water treatment market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading produced water treatment market vendors that include Baker Hughes Co., Enviro-Tech Systems, General Electric Co., Minerals Technologies Inc., Ovivo Inc., Schlumberger Ltd., Siemens AG, TechnipFMC Plc, VEOLIA ENVIRONNEMENT SA, and Weatherford International Plc. Also, the produced water treatment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.