Produced Water Treatment Systems Market surpassing a

Dubai, United Arab Emirates, January 24, 2022 (GLOBE NEWSWIRE) – Global Production of water treatment systems market It is valued at approx 4.29 billion US dollars in 2022. With the rise in oil and gas activities worldwide, the market as a whole is expected to grow at a compound annual growth rate of 5.8% Between 2022 and 2029, surpassing an assessment of 6.38 billion US dollars by 2029.

Describe details
Estimated Producing Water Treatment Systems Market Size in 2022 4.29 billion US dollars
The expected size of the produced water treatment systems market in 2029 6.38 billion US dollars
Historic Compound Annual Growth Rate (CAGR) of the Water Treatment Systems Market (2014-2021) 2.8 %
Compound annual growth rate based on market value of productive water treatment systems (2022-2029) 5.8 %

Future Market Insights (FMI) provides an overview of the main technologies used in productive water treatment systems in its research report. The report is entitledWater Treatment Systems Market Production: Global Industry Analysis and Opportunity Assessment 2022-2029The market is expected to inflate at a compound annual growth rate (CAGR) of over 5.8% during the forecast period.

FMI has divided the market for water treatment systems produced on the basis of technology into primary, secondary and tertiary.

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Primary treatment techniques use basics, such as sedimentation, media filtration, flotation, and biological air filtration to separate solids from water. According to FMI research, Alderley plc is one of the dominant players in primary processing technologies.

Secondary treatment techniques include the use of induced gas flotation, degassing, and membrane separation. Twin Filter BV is a dominant manufacturer of secondary processing technology in the market.

Tertiary processing techniques involve the use of absorption and polishing to separate the oil content in the produced water. These technologies use a combination of techniques to treat the produced water. According to FMI, ProSep, Inc. It is the dominant player in tertiary treatment technology.

FMI has analyzed the water treatment systems market produced in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

North America is the most lucrative region in the global producing water treatment systems market, accounting for nearly a third of global market revenue. In terms of compound annual growth rate, the North American produced water treatment systems market is expected to expand by more than 8% during the 2014-2021 forecast period.

In terms of market share, North America is expected to gain 590 basis points during the forecast period. FMI analysis revealed that although all three technologies are widely used in North America, the tertiary technology was the largest in terms of market revenue, reaching $574 million in 2014. FMI expects the tertiary technology segment to expand at a compound annual growth rate (CAGR). Double-digit during the forecast period.

Tertiary technology is more effective than primary and secondary technology, as it is widely adopted in end-use industries. The tertiary technology sector in North America is expected to gain 1,310 basis points during the forecast period.

The onshore North American crude oil industry accounted for 49.14 billion barrels or nearly 80% of the water produced in 2012. FMI expects this to reach 116.29 billion barrels by the end of 2021.

Asia Pacific is the second largest market for water treatment systems produced after North America. The market value of produced water treatment systems in the Asia Pacific region was 960 million US dollars in 2014; FMI expects to expand at a compound annual growth rate of over 4% over the forecast period 2014-2021.

FMI has segmented the competitive landscape of the global productive water treatment systems market into treatment systems, mobile systems, rental service, commissioning services and consulting.

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Leading companies in process systems include Siemens Water Technologies, Alderley PLC, Tires, Aker Solutions, Aquatec, Schlumberger, FMC Technologies, Veolia, Sitco, Eco-Tech, Thermal Power, Ecosphere, MIOX, Ofivo and Global Water Engineering .

Most of these companies focus on their USP to strengthen their market position. For example, Siemens focuses on advanced biological wastewater treatment, while Aquatech is pushing biological processes that are low in capital and operating expenses. Aker Solutions aims to attract end-use industries by providing comprehensive engineering solutions, while Veolia is known for its expertise in offshore produced water.

Report scope

Describe details
prediction period 2014-2021
Historical data available for 2022-2029
market analysis Units of volume and million dollars of value
Main areas covered North America, Latin America, Europe, East Asia, South Asia Pacific, Middle East and Africa
Main countries covered United States, Canada, Mexico, Brazil, Germany, United Kingdom, France, Italy, Spain, Russia, Poland, China, Japan, South Korea, India, ASEAN, Turkey, Saudi Arabia, South Africa
Main parts covered Capabilities, Technology, Application and Region
An overview of the main companies • Siemens Water Technology Company

• Alderley plc

• Tires

• turbid solutions

• Aquatic

• Schlumberger

• FMC Technologies

• Veolia

• SITCO

• Eco-Tec

• Thermal energy

Environmental environment

• MIOX

• Ovivo

• Global Water Engineering.

Report coverage Market forecast, company share analysis, competition intelligence, DROT analysis, market dynamics and challenges, and strategic growth initiatives

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market information and advisory services, serving clients in more than 150 countries. FMI is headquartered in Dubai, with delivery hubs in the UK, US and India. The latest market research and industry analysis reports from FMI help companies face challenges and make critical decisions with confidence and clarity amidst intense competition. Our customized and syndicated market research reports provide actionable insights that drive sustainable growth. FMI’s expert-led team of analysts constantly track emerging trends and events in a wide range of industries to ensure our clients are prepared for the evolving needs of their clients.

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