Produced water treatment market size to increase by USD 3,200.76 million: Market research insights highlight growing global concern over water scarcity as a key driver - Technavio

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Jan 12, 2023, 06:00 ET

NEW YORK, Jan. 12, 2023 /PRNewswire/ -- According to Technavio, the produced water treatment market will witness a YOY growth of 6.22% between 2022 and 2023. The report is segmented by application (onshore and offshore), technology (secondary treatment, primary treatment, and tertiary treatment), and geography (North America, Europe, the Middle East and Africa, South America, and APAC). The produced water treatment market size is estimated to increase by USD 3,200.76 million at a CAGR of 7.93% from 2022 to 2027. - Request a Sample Report.

Produced water treatment market - Vendor insights

Technavio has announced its latest market research report titled Global Produced Water Treatment Market 2023-2027

Global produced water treatment market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

 The global produced water treatment market is characterized by the presence of several regional and global vendors. The leading vendors are competing to expand their footprint in the market. The competition among vendors is expected to intensify during the forecast period. The high initial investment involved, coupled with costs incurred in complying with stringent regulations, makes it difficult for new entrants to thrive in the globally produced water treatment market.

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Aker Solutions ASA
Aquatech International LLC
Baker Hughes Co.
Enviro-Tech Systems
Exterran Corp.
Frames Energy Systems BV
Genesis Water Technologies Inc.
Halliburton Co.
IDE Water Technologies
Minerals Technologies Inc.
NOV Inc.
Ovivo Inc.
Prosep Inc.
Schlumberger Ltd.
Siemens Energy AG
For Details on the vendor and its offerings – Buy the report!

Produced water treatment market - Geographical analysis

North America will provide maximum growth opportunities in produced water treatment market during the forecast period. According to our research report, the region will contribute 40% of the global market growth and is expected to dominate the market through 2025. The US and Canada are the major contributors to oil and gas production in North America. The majority of the oilfields in the US have neared maturity, leading to increased quantities of produced water. Furthermore, the boom in the US shale gas industry contributes to the vast amounts of produced water in the North American region.

Know more about this market's geographical distribution along with a detailed analysis of the top regions: https://www.technavio.com/report/produced-water-treatment-market-industry-analysis

Produced water treatment market- Key segment analysis

The produced water treatment market share growth by the onshore segment will be significant during the forecast period. The majority of the oil and gas produced worldwide has come from the onshore sector. The produced water treatment market now has a significant basis due to the recent US shale gas boom. Thus, the abandoned onshore shale gas blocks, especially in the US, will come back online, leading to the increased production and use of produced water. This will drive the growth of the global produced water treatment market during the forecast period - Download a Sample

Produced water treatment market - Key market drivers & challenges:

The produced water treatment market is primarily driven by the growing global concern over water scarcity. Places like California in the United States and Chennai in India are places of water shortage and continue to struggle with sufficient amounts of water. These places have big industrial bases and populations. It is entirely feasible for companies to develop and implement water-saving technology, even though certain regions of the world have not yet felt the pressure of water scarcity. These factors are expected to boost the demand for produced water treatment during the forecast period.

The increasing use of renewable energy sources is a huge threat to the growth of the global produced water treatment market. The Euro-VI emission standards, which are now implemented in the EU, have been used as a model for developing emission standards in other nations, including India. As a result, the upstream industry, which uses produced water treatment facilities, will be directly impacted by the decline in demand for oil and gas in these countries. Such factors will significantly impact the growth of the global produced water treatment market during the forecast period.

Download a sample for highlights on market drivers & challenges affecting the produced water treatment market.

What are the key data covered in this produced water treatment market report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the produced water treatment market between 2023 and 2027
Precise estimation of the size of the produced water treatment market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the produced water treatment market across APAC, North America, Europe, Middle East and Africa, and South America
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of produced water treatment market vendors

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Produced Water Treatment Market Scope
Report Coverage	Details
Page number	165
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 7.93%
Market growth 2023-2027	USD 3,200.76 million
Market structure	Fragmented
YoY growth 2022-2023(%)	6.22
Regional analysis	North America, Europe, Middle East and Africa, South America, and APAC
Performing market contribution	North America at 40%
Key countries	US, Saudi Arabia, United Arab Emirates, Russia, and Brazil
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Aker Solutions ASA, Alderley Plc, Aquatech International LLC, Baker Hughes Co., Enviro-Tech Systems, Exterran Corp., Frames Energy Systems BV, Genesis Water Technologies Inc., Halliburton Co., IDE Water Technologies, Minerals Technologies Inc., NOV Inc., Ovivo Inc., Prosep Inc., Schlumberger Ltd., Siemens Energy AG, SUEZ SA, TechnipFMC plc, Veolia Environnement Group, and Weatherford International Plc
Market dynamics	Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio "Utilities" Research Reports

Table Of Contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global produced water treatment market 2017 - 2021

Exhibit 18: Historic Market Size – Data Table on Global produced water treatment market 2017 - 2021 ($ million)

4.2 Application Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

4.3 Technology Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments

Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

6.2 Comparison by Application

Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application

6.3 Onshore - Market size and forecast 2022-2027

Exhibit 34: Chart on Onshore - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Onshore - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Onshore - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Onshore - Year-over-year growth 2022-2027 (%)

6.4 Offshore - Market size and forecast 2022-2027

Exhibit 38: Chart on Offshore - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Offshore - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Offshore - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Offshore - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Application

Exhibit 42: Market opportunity by Application ($ million)

7 Market Segmentation by Technology

7.1 Market segments

Exhibit 43: Chart on Technology - Market share 2022-2027 (%)
Exhibit 44: Data Table on Technology - Market share 2022-2027 (%)

7.2 Comparison by Technology

Exhibit 45: Chart on Comparison by Technology
Exhibit 46: Data Table on Comparison by Technology

7.3 Secondary treatment - Market size and forecast 2022-2027

Exhibit 47: Chart on Secondary treatment - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Secondary treatment - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Secondary treatment - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Secondary treatment - Year-over-year growth 2022-2027 (%)

7.4 Primary treatment - Market size and forecast 2022-2027

Exhibit 51: Chart on Primary treatment - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Primary treatment - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Primary treatment - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Primary treatment - Year-over-year growth 2022-2027 (%)

7.5 Tertiary treatment - Market size and forecast 2022-2027

Exhibit 55: Chart on Tertiary treatment - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Tertiary treatment - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Tertiary treatment - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Tertiary treatment - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by Technology

Exhibit 59: Market opportunity by Technology ($ million)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 61: Chart on Market share by geography 2022-2027 (%)
Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027

Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027

Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 Middle East and Africa - Market size and forecast 2022-2027

Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027

Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 APAC - Market size and forecast 2022-2027

Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027

Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 Russia - Market size and forecast 2022-2027

Exhibit 89: Chart on Russia - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Russia - Year-over-year growth 2022-2027 (%)

9.10 Saudi Arabia - Market size and forecast 2022-2027

Exhibit 93: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)

9.11 United Arab Emirates - Market size and forecast 2022-2027

Exhibit 97: Chart on United Arab Emirates - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on United Arab Emirates - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on United Arab Emirates - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on United Arab Emirates - Year-over-year growth 2022-2027 (%)

9.12 Brazil - Market size and forecast 2022-2027

Exhibit 101: Chart on Brazil - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Brazil - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Brazil - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Brazil - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography

Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 106: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 108: Overview on factors of disruption

11.4 Industry risks

Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 110: Vendors covered

12.2 Market positioning of vendors

Exhibit 111: Matrix on vendor position and classification

12.3 Aker Solutions ASA

Exhibit 112: Aker Solutions ASA - Overview
Exhibit 113: Aker Solutions ASA - Business segments
Exhibit 114: Aker Solutions ASA - Key news
Exhibit 115: Aker Solutions ASA - Key offerings
Exhibit 116: Aker Solutions ASA - Segment focus

12.4 Alderley Plc

Exhibit 117: Alderley Plc - Overview
Exhibit 118: Alderley Plc - Product / Service
Exhibit 119: Alderley Plc - Key offerings

12.5 Aquatech International LLC

Exhibit 120: Aquatech International LLC - Overview
Exhibit 121: Aquatech International LLC - Product / Service
Exhibit 122: Aquatech International LLC - Key offerings

12.6 Baker Hughes Co.

Exhibit 123: Baker Hughes Co. - Overview
Exhibit 124: Baker Hughes Co. - Business segments
Exhibit 125: Baker Hughes Co. - Key news
Exhibit 126: Baker Hughes Co. - Key offerings
Exhibit 127: Baker Hughes Co. - Segment focus

12.7 Enviro-Tech Systems

Exhibit 128: Enviro-Tech Systems - Overview
Exhibit 129: Enviro-Tech Systems - Product / Service
Exhibit 130: Enviro-Tech Systems - Key offerings

12.8 Exterran Corp.

Exhibit 131: Exterran Corp. - Overview
Exhibit 132: Exterran Corp. - Business segments
Exhibit 133: Exterran Corp. - Key offerings
Exhibit 134: Exterran Corp. - Segment focus

12.9 Frames Energy Systems BV

Exhibit 135: Frames Energy Systems BV - Overview
Exhibit 136: Frames Energy Systems BV - Product / Service
Exhibit 137: Frames Energy Systems BV - Key offerings

12.10 Genesis Water Technologies Inc.

Exhibit 138: Genesis Water Technologies Inc. - Overview
Exhibit 139: Genesis Water Technologies Inc. - Product / Service
Exhibit 140: Genesis Water Technologies Inc. - Key offerings

12.11 Halliburton Co.

Exhibit 141: Halliburton Co. - Overview
Exhibit 142: Halliburton Co. - Business segments
Exhibit 143: Halliburton Co. - Key news
Exhibit 144: Halliburton Co. - Key offerings
Exhibit 145: Halliburton Co. - Segment focus

12.12 IDE Water Technologies

Exhibit 146: IDE Water Technologies - Overview
Exhibit 147: IDE Water Technologies - Product / Service
Exhibit 148: IDE Water Technologies - Key offerings

12.13 Minerals Technologies Inc.

Exhibit 149: Minerals Technologies Inc. - Overview
Exhibit 150: Minerals Technologies Inc. - Business segments
Exhibit 151: Minerals Technologies Inc. - Key news
Exhibit 152: Minerals Technologies Inc. - Key offerings
Exhibit 153: Minerals Technologies Inc. - Segment focus

12.14 NOV Inc.

Exhibit 154: NOV Inc. - Overview
Exhibit 155: NOV Inc. - Business segments
Exhibit 156: NOV Inc. - Key offerings
Exhibit 157: NOV Inc. - Segment focus

12.15 Ovivo Inc.

Exhibit 158: Ovivo Inc. - Overview
Exhibit 159: Ovivo Inc. - Product / Service
Exhibit 160: Ovivo Inc. - Key offerings

12.16 Prosep Inc.

Exhibit 161: Prosep Inc. - Overview
Exhibit 162: Prosep Inc. - Product / Service
Exhibit 163: Prosep Inc. - Key offerings

12.17 Schlumberger Ltd.

Exhibit 164: Schlumberger Ltd. - Overview
Exhibit 165: Schlumberger Ltd. - Business segments
Exhibit 166: Schlumberger Ltd. - Key news
Exhibit 167: Schlumberger Ltd. - Key offerings
Exhibit 168: Schlumberger Ltd. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 169: Inclusions checklist
Exhibit 170: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 171: Currency conversion rates for US$

13.4 Research methodology

Exhibit 172: Research methodology
Exhibit 173: Validation techniques employed for market sizing
Exhibit 174: Information sources

13.5 List of abbreviations

Exhibit 175: List of abbreviations

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