Global Oil & Gas Water Management Services Market - Market Analysis by Geography, Services, Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2017 - 2022)

Published - Jan 2017 | Category - Energy and Power | No. of Pages - 133 | Published By - Mordor Intelligence

Report Highlights

The Global water management services in oil and gas industry is estimated to reach $XX billion in 2022 with a CAGR of 9.2% from 2014 to 2022.

Water management is an integral part of oil and gas production. Oil and gas industry faces several challenges such as reusing water, reducing water, minimizing the environmental impacts of wastewater disposal as the water quality, treatment technologies and its reuse and recycle applications widely vary according to the type of water resources.

Water Management Services market for Oil and Gas Industry can be divided into three divisions: Water Disposal Services, Water Hauling Services, and Produced Water Treatment Services. Water generated during oil and gas production from sub-surface is often referred to by the oil and gas industry as produced water. This water is generally saline in nature and produced in large quantities. Disposal of produced water is difficult, because discharge to fresh water sources without treatment can result in environmental contamination.

The major drivers for this market are cost savings, government regulations and increase in demand to reduce the environmental impact of oil and gas industry operations. On other hand, high costs of water management solutions for oil and gas industry are strangling the market. Report is divided based on geography (North America, Middle East and Africa, Europe, Asia and South and Central America) and services (Water Disposal Services, Water Hauling Services, and Produced Water Treatment Services); where-in the market share of each segment is analyzed and estimates are provided up to 2022.

This report comprehensively analyzes the Oil & Gas Water Management market by segmenting it based on geography and services (Water Disposal Services, Water Hauling Services, and Produced Water Treatment Services). Key drivers and restraints that are effecting the growth of this market were discussed in detail. The study also elucidates on competitive landscape and key market players.  
 

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