Global Produced Water Treatment Market – Industry Trends and Forecast to 2029

Produced Water Treatment Market Analysis and Size

The global produced water treatment market increases due to remarkable growth in urbanization, population, increased demand for water sources, and overcoming the disease that arise from the contaminated water. Furthermore, market growth is projected to propel by using several advanced technologies such as oxidation, ceramic microfiltration/ultrafiltration, media filtration, adsorption, and others. The adsorption-based technology is gaining importance in the produced water treatment market. This type of treatment package uses water polishing adsorption filters which are mainly designed to remove grease, oil and soluble organics from water-based streams.

Data Bridge Market Research analyses that the produced water treatment market was valued at USD 3.91 billion in 2021 and is expected to reach USD 6.37 billion by 2029, registering a CAGR of 6.30% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Produced Water Treatment Market Scope and Segmentation

Market Definition

Produced water is a complex and severe mixture of inorganic and organic compounds which produced in large amount during the production of the oil and gas from the reservoir. The amount of the produced water from the wells, inversely for the unusual source of energy such as coal bead methane gas and exponentially for the conventional sources of energy such as oil during the lifetime of the well.

Global Produced Water Treatment Market Dynamics

Drivers

• Rise in demand produced water treatment in waste water treatment

The development in population and migration of people from rural to urban areas, depletion of freshwater sources and scarcity of consumable water overall the world have increased the requirement for desalinated water. This has stimulated the governments of developing markets to invest in the water treatment area to improve their capabilities related to providing drinkable water and accommodate the growing demand. These factors are expected to fuel the demand of the produced water treatment in the municipal sector.

• High usage of produced water treatment in oil and gas industries

The produced water treatment systems are widely used to clean the produced water from oil and gas industries and then use it for irrigation. The management of produced water has always been the major focus of oil and gas industries. However, growing fuel demand and consumption has increased the whole scenario. Growing oil and gas drilling activities has caused generation of huge amount of produced wastewater all over the globe.

• Rise in industrialization

Rise in industrialization, increase the demand of water are expected to be the major driving factors for the growth of the market. Several industries require water in large amounts for day to day actions. With the help of produced water treatment, industries can reuse water over and over again for operational work. These factors are responsible for increasing industrialization, leading to major produced water treatment market growth.

Opportunities

• Increasing implementation of technological process

The technological process of produced water treatment goals at removing algae and bacteria, dissolved organics, dissolved gases, free and dispersed oil, microorganisms, excess hardness, dissolved minerals and salts and possible radioactive materials. The secondary separation witnessed for 46.8% share of global revenue in 2015. The technology involves the use of membrane filtration, electro-coagulation, degassers, flotation, solids separators and adsorption. The increasing implementation of technological process for the treatment of produced water will create immense opportunities for market growth.

Restraints/ Challenges

• Issues associated with produced water treatment market

Operation in sub-optimal configuration might stay a major challenge for the growth of the produced water treatment market. Similarly, the decline in the prices of natural gas ices and accurate quantification of produced water will hamper the growth of the produced water treatment market.

This produced water treatment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the produced water treatment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Produced Water Treatment Market

The outbreak of the Covid-19 has disturbed the global economy by hesitant the processes of several industries. The produced water treatment market was shut down due to lockdown hence the process of extraction of pure water from salty water has stopped. On the other hand, WHO identified that washing hands with water and soap is one of the simple procedures to fight with coronavirus. However, research has proved that almost 3 billion people cannot access clean water. Thus, this people is highly inclined to the life-threatening virus. Thus, the countries are concentrating more on the supply of clean water. This has augmented the demand for wastewater treatment overall the world. Thus, the demand for produced water treatment is anticipated during the forecast period.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In March 2021, Heartland Technology partnered with power-on-demand which is supplier of oil and gas cogeneration solution. This partnership deliver combined and innovative power-water solutions to the energy sector which generate cleaner on-site power with reduced greenhouse-gas (GHG) emissions.
• In November 2021, Ovivo Inc., a global supplier of water and wastewater treatment equipment, systems and technology, has invested over 25 million US dollars to construct a state-of-the-art facility. This company will produce Cembrane’s unique patented Silicon Carbide flat sheet membranes in the U.S.
• In July 2020, Veolia Water Technologies introduced TERION. This standard single-skid unit combines continuous electrode ionization and single pass reverse osmosis to produce high-grade deionized water for power, laboratory, and general industry.

Global Produced Water Treatment Market Scope

The produced water treatment market is segmented on the basis of production source, service, application, treatment type and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

 Production Source

• Crude Oil
• Natural Gas

 Service

• Primary Treatment
• Secondary Treatment

Application

• Offshore
• Onshore

Treatment Type

• Chemical Treatment
• Reverse Osmosis/Membrane Treatment
• Biological Treatment
• Physical Treatment
• Combined Systems
• Others

 End Use

• Oil and Gas
• Industrial
• Power Generation
• Others

Produced Water Treatment Market Regional Analysis/Insights

The produced water treatment market is analysed and market size insights and trends are provided by country, production source, service, application, treatment type and end use as referenced above.

The countries covered in the produced water treatment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the produced water treatment market in terms of market share and revenue. This is due to the rise in government initiatives and the presence of major market players in this region. Also, the robust presence of crude oil reserves in Canada and U.S.  is expected to rise the usage of water management services.

Asia-Pacific region dominates the produced water treatment market during the forecast period of 2022-2029 due to the advancement in water treatment technologies in this region. Moreover, implementation of Open Acreage Licensing Policy (OALP) and First Shale Gas Policy by the governments of India and China, respectively will be a major driver over the next few years.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Produced Water Treatment Market Share Analysis

The produced water treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to produced water treatment market.

Some of the major players operating in the produced water treatment market are:

• Veolia (France)
• SUEZ (France)
• Aquatech International L.L.C (U.S.)
• Evoqua Water Technologies LLC (U.S.)
• Ecolab. (U.S.)
• Pentair (U.S.)
• Xylem Inc. (U.S.)
• Samco Technologies, Inc. (U.S.)
• Dryden Aqua (U.K.)
• DAS Environmental Expert GMBH, Dersen (Germany)
• Dow (U.S.)
• DuPont (U.S.)
• 3M (U.S.)
• Calgon Carbon Corporation (U.S.)
• Microvi Biotech, Inc.(U.S.)
• Condorchem Envitech (Spain)
• Huber SE (Germany)
• Entex Technologies (U.S.)
• Organica Water (U.S.)
• Aqwise (Germany)

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