Produced Water Treatment Market is Expected to be Dominated by Secondary Separation Segment During the Forecast Period.
Growing demand in oil
& gas industry and freshwater are the major factors driving the Global
Produced Water Treatment market in the forecast period 2024-2028.
According
to TechSci Research report, “Produced Water Treatment - Global Industry Size, Share, Trends, Opportunity, and Forecast.
2018-2028F,” the Global Produced Water Treatment Market
is expected to register robust growth during
the forecast period, 2024-2028
owing to utilization of a variety of cutting-edge technologies, including
oxidation, adsorption, media filtration, ceramic micro- and ultrafiltration,
and others. In the produced water treatment industry, adsorption-based
technology is becoming more and more significant. The water polishing
adsorption filters used in this kind of treatment package are primarily made to
take out grease, oil, and soluble organics from water-based streams.
The "produced water" is a by-product of nearly
all oil and gas exploration, but the amount of water produced varies widely
from location to location and over the life of individual wells. Some frac
fluid may also return to the surface if hydraulic fracturing (“fracking”) is
used. This is sometimes called "backwater" to distinguish it from
naturally occurring generated water extracted from rock formations.
Generated water is water that is trapped in subterranean
formations and brought to the surface during oil and gas exploration and
production. In conventional oil and gas wells, the water produced is brought to
the surface along with the oil or gas. CBM mining involves drilling a borehole
into the coal seam, pumping the water to the surface and releasing gas from the
coal seam. Water has been in contact with the hydrocarbon layers for centuries
and thus exhibits some of the chemistry of the layers and the hydrocarbons
themselves. This includes water from reservoirs, water injected into geological
formations, and chemicals added during drilling, production, and treatment
processes. The water produced is also called "brine",
"brine" or "formation water".
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on
the "Produced Water Treatment Market"
The Global Produced
Water Treatment Market is segmented based on source, service application and
region. Based on source, the market is bifurcated into crude oil & natural
gas. Based on service, the market is divided into primary separation, secondary
separation, tertiary separation & others. Based on application, the market
is further bifurcated into onshore & offshore. Based on region, the market
is bifurcated into North America, Europe, Asia-Pacific, South America, and
Middle East & Africa. During the projected period of 2024-2028, based on service,
Secondary Separation is expected to dominate the market. Secondary wastewater
treatment is the second stage of wastewater treatment. Primary treatment
removes suspended solids, colloidal particles, and grease. Secondary treatment
involves biological treatment to remove organic matter present in the
wastewater. The purpose of secondary treatment is to further treat wastewater
from primary treatment to remove residual organic matter and suspended matter. In
the majority of cases, secondary treatment comes after primary treatment and
entails the removal of colloidal organics and biodegradable dissolved particles
using an aerobic biological treatment technique. Aerobic biological treatment
is carried out in the presence of oxygen by aerobic microorganisms (mainly
bacteria) that metabolize organic matter in wastewater, producing more
microorganisms and inorganic end products (mainly CO2, NH3, H2O). Several
aerobic biological processes are used for secondary purification, which differ
primarily in the way the microorganisms are supplied with oxygen and the rate
at which the organisms metabolize organic matter. This processing is done by
natural and aquatic microorganisms such as bacteria and protozoa that consume
biodegradable soluble contaminants such as sugar, grease, detergents, and food
waste. These processes are temperature sensitive and biological reactions speed
up with increasing temperature. Secondary treatments, especially advanced
oxidation processes (AOPs), including biological and membrane treatments and
tertiary treatments, have been used to treat product water from oil and gas
production.
Key market players in the Global Produced
Water Treatment Market are: -
- Baker Hughes Ltd.
- Enviro Tech Systems, LLC
- Siemens AG
- Schlumberger Ltd
- CETCO Oilfield Services
- Ovivo Inc.
- General Electric Company
- Veolia Environnement SA
- Halliburton Energy Services, Inc
- FMC Technologies Ltd.
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"As the world is facing
shortages of fresh water, water as a byproduct in the oil & gas industry
might serve as a blessing. The produced water not only works for commercial
purposes but other purposes such as irrigation and can be used for residential purposes
if further treated. As quantity for saltwater is increasing, demand for
treatment plants and equipment for produced water are expected to rise during
the forecast period, thereby playing an important role in tackling the problem
for water shortage.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“Global
Produced Water Treatment Market – Global Industry Size, Share, Trends,
Opportunity, and Forecast 2018-2028F”,Segmented
By Source (Crude Oil & Natural Gas), By Service (Primary Separation,
Secondary Separation, Tertiary Separation & Others), By Application
(Onshore & Offshore), By Region,” has evaluated the
future growth potential of Global Produced Water Treatment Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Produced Water Treatment Market.
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