Research and Markets has announced the addition of the "Produced Water Treatment Market - Forecasts to 2024" report to their offering.

The global produced water treatment market is expected to reach USD 9.79 billion by 2024.

The technological advancement pertaining to water management in the oil & gas sector with an aim to not only enhance productivity but also as ensure environment protection is expected to have a positive impact on the market. Depleting reserves of crude oil in major OPEC countries including Saudi Arabia and Indonesia owing to rising capital costs in exploration & production (E&P) is expected to force oil companies to invest in alternate sources including tight oil, coalbed methane (CBM) and gas hydrates. This trend is projected to promote the usage of produced water treatment in E&P activities of alternative sources including shale gas and tight oil over the forecast period.

Offshore application is projected to account for 28.9% of total industry share by 2024. Numerous companies are focusing on expanding their market share by focusing on offshore applications. For instance, Siemens AG offers Combosep, a primary treatment system for offshore applications. This system comprises flotation units for removal of total suspended solids and oil droplets.

Europe generated a revenue of USD 1.12 billion in 2015 and is expected to witness significant gains in light of increasing E&P spending for natural gas in the Barents Sea, (Norway) and Sakhalin fields (Russia).

Companies Mentioned:

  • Weatherford International
  • Halliburton Company
  • General Electric Company (GE)
  • Enviro-Tech Systems
  • Baker Hughes
  • Mineral Technologies, Inc.
  • Siemens AG
  • Exterran Corporation
  • Ovivo
  • Veolia Environnement S.A.
  • Suez Environnement S.A.
  • Schlumberger Limited
  • FMC Technologies

Key Topics Covered:

1 Methodology And Scope

2 Executive Summary

3 Market Variables, Trends & Scope

4 Market Categorization 1: Production Source Estimates & Trend Analysis

5 Market Categorization 2: Technology Estimates & Trend Analysis

6 Market Categorization 3: Application Estimates & Trend Analysis

7 Market Categorization 4: Regional Estimates & Trend Analysis, By Production Source, Technology & Application

8 Competitive Landscape

9 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/4q3283/produced_water