Global Produced Water Treatment Systems Market

Produced Water Treatment Systems Market Size, Share, Growth Analysis, By Technology(Physical Treatment, Chemical Treatment, Biological Treatment, and Membrane Treatment), By End-user(Oil & Gas Industry, and Power Generation), By Region - Industry Forecast 2024-2031


Report ID: SQMIG55D2015 | Region: Global | Published Date: February, 2024
Pages: 157 |Tables: 63 |Figures: 70

Produced Water Treatment Systems Market Insights

Global Produced Water Treatment Systems Market size was valued at USD 19.72 billion in 2022 and is poised to grow from USD 20.67 billion in 2023 to USD 30.07 billion by 2031, growing at a CAGR of 4.8% during the forecast period (2024-2031). 

The produced water treatment systems market is a dynamic sector within the global water and wastewater treatment industry, focused on addressing the challenges associated with treating and managing water produced during oil and gas exploration and production. This market encompasses a range of technologies and solutions designed to effectively treat produced water, a byproduct of oil and gas extraction that contains various contaminants.

Driven by stringent environmental regulations, increasing water scarcity, and the need for sustainable resource management, the demand for efficiently produced water treatment systems is on the rise. These systems employ various processes such as filtration, separation, chemical treatment, and advanced technologies like membrane filtration and electrocoagulation to remove oil, solids, dissolved metals, and other pollutants from produced water, making it suitable for reuse or safe disposal.

North America and the Middle East hold substantial market shares due to their significant oil and gas activities. However, the market is witnessing growth across regions as the global energy industry expands. Technological innovation plays a pivotal role in driving market advancement, with ongoing research and development focused on improving treatment efficiency, reducing costs, and minimizing environmental impacts.

The produced water treatment systems market is not only essential for achieving regulatory compliance and environmental sustainability but also supports the responsible and efficient extraction of hydrocarbons. As the energy sector continues to evolve, the market's growth trajectory remains intertwined with the broader trends in environmental consciousness and resource optimization.

US Produced Water Treatment Systems Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 19.72 billion

Largest Segment

Membrane Treatment

Fastest Growth

Membrane Treatment

Growth Rate

4.8% CAGR

Global Produced Water Treatment Systems Market ($ Bn)
Country Share for North America Region (%)

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Produced Water Treatment Systems Market Segmental Analysis

The global produced water treatment systems market is segmented by Technology, End-User, Application, and Region. Based on Service Type the market is segmented as, Physical Treatment, Chemical Treatment, Biological Treatment, and Membrane Treatment. Based on End-user the market is segmented as, Oil & Gas Industry, Power Generation. Based on Application the market is segmented as, Onshore, Offshore. Regional the market is segmented as, North America, Asia Pacific, Latin America, and Middle East & Africa (MEA)

Produced Water Treatment Systems Market Analysis By Technology

In the produced water treatment systems market, “membrane treatment” has emerged as dominating the market. Membrane treatment, encompassing methods like microfiltration, ultrafiltration, and reverse osmosis, holds a significant share due to its efficiency in removing contaminants based on size and molecular weight. Its ability to achieve high-quality water standards and meet stringent regulatory requirements has propelled its adoption in both onshore and offshore produced water treatment applications.

On the other hand, the fastest-growing segment in the produced water treatment systems market is “biological treatment”. This technology involves utilizing microorganisms to degrade organic compounds in the water through biological processes. As industries increasingly prioritize environmentally sustainable solutions, biological treatment has gained traction for its eco-friendly approach in treating produced water. It addresses concerns about chemical usage and waste generation while offering effective contaminant removal. The growing emphasis on minimizing the environmental impact of produced water discharge is driving the rapid expansion of biological treatment technology, making it the fastest-growing segment in the market.

Produced Water Treatment Systems Market Analysis By End-User

In the produced water treatment systems market, the “Oil & Gas Industry” stands as the dominating end-user segment. As a major contributor to the production of large volumes of produced water during oil and gas exploration and extraction activities, the industry necessitates efficient treatment solutions to comply with environmental regulations and ensure responsible water management. The complex composition of produced water, containing hydrocarbons, dissolved solids, and contaminants, underscores the industry's need for advanced treatment technologies.

Simultaneously, the “Power Generation” segment is positioned as the fastest-growing end-user category. Power plants generate substantial volumes of wastewater during processes like cooling water blowdown and flue gas desulfurization. With the increasing emphasis on sustainable practices and stringent environmental regulations, power generation facilities are seeking effective produced water treatment systems to manage their wastewater and minimize their ecological impact. This fast-paced growth in the power generation sector presents a remarkable opportunity for the produced water treatment systems market to expand its reach and offer tailored solutions to address the unique challenges faced by power plants in wastewater management.

Global Produced Water Treatment Systems Market By Technology, 2023 (%)

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Produced Water Treatment Systems Market Regional Insights

The produced water treatment systems market exhibits varying dynamics across different regions. North America emerges as the largest market for these systems, driven by its robust oil and gas industry, which generates substantial volumes of produced water as a byproduct of extraction activities. Stringent regulatory frameworks and a focus on sustainable practices in the region amplify the demand for efficient treatment solutions to manage and responsibly dispose of produced water.

In close pursuit, the Middle East & Africa region ranks as the second-largest market for produced water treatment systems. With its significant oil production, the region generates substantial volumes of produced water, necessitating effective treatment technologies to meet environmental standards and preserve local ecosystems. The increasing emphasis on minimizing environmental impacts and adhering to stringent regulations fuels the adoption of advanced treatment systems across the region, contributing to its strong market presence.

Global Produced Water Treatment Systems Market By Region, 2024-2031
  • Largest
  • Fastest

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Produced Water Treatment Systems Market Dynamics

Produced Water Treatment Systems Market Drivers

Increasing Oil and Gas Production:

  • The rising global demand for energy drives increased oil and gas exploration and production activities, leading to higher volumes of produced water that require treatment.

Stringent Environmental Regulations:

  • Stringent regulations worldwide compel industries, especially the oil and gas sector, to treat and manage produced water to mitigate environmental impacts.

Produced Water Treatment Systems Market Restraints

Complex Treatment Requirements:

  • Produced water is often complex, containing various contaminants and hydrocarbons, which can make treatment processes challenging and expensive.

Limited Infrastructure:

  • In some regions, the lack of proper infrastructure for wastewater treatment can hinder the implementation of efficient produced water treatment systems.

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Produced Water Treatment Systems Market Competitive Landscape

The competitive landscape of the produced water treatment systems market is characterized by the presence of both established players and innovative startups, reflecting the growing significance of sustainable water management in various industries. Key industry participants include prominent companies like Schlumberger Limited, Halliburton, Siemens AG, Suez SA, and Aquatech International LLC. These players emphasize research and development to introduce advanced treatment technologies tailored to the complex composition of produced water, catering to diverse industrial requirements.

Produced Water Treatment Systems Market Top Player’s Company Profile

  • Schlumberger Limited
  • Halliburton
  • Suez SA
  • Baker Hughes Company
  • Ecolab Inc.
  • FMC Technologies Inc. (TechnipFMC)
  • SUEZ Water Technologies & Solutions
  • Ovivo Inc.
  • CETCO Energy Services
  • Weatherford International Ltd.
  • O'Brien Corporation
  • OriginClear Inc.

Produced Water Treatment Systems Market Recent Developments

  • In June 2023, Aquatech International announced the launch of its new Aquaporin Inside technology for produced water treatment. This technology uses a bio-mimetic membrane design that is inspired by the natural water transport protein aquaporin. Aquaporin Inside is said to be more efficient and effective than traditional produced water treatment technologies, and it can produce water that is safe for reuse or discharge.
  • In May 2023, Schlumberger announced the acquisition of WaterSure, a provider of produced water treatment solutions. This acquisition expands Schlumberger's portfolio of produced water treatment technologies and services.
  • In April 2023, Halliburton announced the launch of its new AquaPure produced water treatment system. This system uses a combination of technologies to remove contaminants from produced water, including dissolved solids, oil and grease, and bacteria.
  • In March 2023, Weatherford International announced the launch of its new Aquiver produced water treatment system. This system uses a membrane-based technology to remove contaminants from produced water, including suspended solids, oil and grease, and bacteria.

Produced Water Treatment Systems Key Market Trends

  • Technological Advancements: The industry is witnessing a surge in innovative technologies and solutions, such as advanced membrane filtration, electrocoagulation, and chemical-free treatment processes, aimed at improving the efficiency and effectiveness of produced water treatment.

Produced Water Treatment Systems Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global produced water treatment systems market analysis; the produced water treatment systems market is a vital component of sustainable water management across industries. Segmented by technology, such as physical, chemical, and biological treatment, this market addresses the challenges posed by treating complex wastewater streams. North America, driven by its robust oil and gas industry, commands a significant share, while the Asia-Pacific region is witnessing rapid growth due to increasing industrialization and stringent environmental regulations.

Key drivers include the escalating demand for sustainable water solutions amid water scarcity concerns, stringent regulations mandating efficient wastewater treatment, and the rising need for responsible produced water management in industries. Advancements in treatment technologies and the push towards reuse and recycling amplify the market's growth trajectory. As industries strive for eco-friendly practices, produced water treatment systems become pivotal in achieving efficient resource utilization and minimizing environmental impact.

Report Metric Details
Market size value in 2023 USD 19.72 billion
Market size value in 2031 USD 30.07 billion
Growth Rate 4.8%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Technology
    • Physical Treatment, Chemical Treatment, Biological Treatment, and Membrane Treatment
  • End-user
    • Oil & Gas Industry, and Power Generation
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Schlumberger Limited
  • Halliburton
  • Suez SA
  • Baker Hughes Company
  • Ecolab Inc.
  • FMC Technologies Inc. (TechnipFMC)
  • SUEZ Water Technologies & Solutions
  • Ovivo Inc.
  • CETCO Energy Services
  • Weatherford International Ltd.
  • O'Brien Corporation
  • OriginClear Inc.
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Produced Water Treatment Systems Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Produced Water Treatment Systems Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Produced Water Treatment Systems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Produced Water Treatment Systems Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Produced Water Treatment Systems Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Produced Water Treatment Systems Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Produced Water Treatment Systems Market size was valued at USD 19.72 billion in 2022 and is poised to grow from USD 20.67 billion in 2023 to USD 30.07 billion by 2031, growing at a CAGR of 4.8% during the forecast period (2024-2031). 

The competitive landscape of the produced water treatment systems market is characterized by the presence of both established players and innovative startups, reflecting the growing significance of sustainable water management in various industries. Key industry participants include prominent companies like Schlumberger Limited, Halliburton, Siemens AG, Suez SA, and Aquatech International LLC. These players emphasize research and development to introduce advanced treatment technologies tailored to the complex composition of produced water, catering to diverse industrial requirements. 'Schlumberger Limited', 'Halliburton', 'Siemens AG', 'Suez SA', 'Aquatech International LLC', 'Veolia Environment SA', 'Baker Hughes Company', 'Ecolab Inc.', 'FMC Technologies Inc. (TechnipFMC)', 'SUEZ Water Technologies & Solutions', 'Ovivo Inc.', 'CETCO Energy Services', 'Weatherford International Ltd.', 'O'Brien Corporation', 'OriginClear Inc.'

The rising demand for energy drives increased oil and gas exploration and production activities, leading to higher volumes of produced water that require treatment.

Technological Advancements: The industry is witnessing a surge in innovative technologies and solutions, such as advanced membrane filtration, electrocoagulation, and chemical-free treatment processes, aimed at improving the efficiency and effectiveness of produced water treatment.

The produced water treatment systems market exhibits varying dynamics across different regions. North America emerges as the largest market for these systems, driven by its robust oil and gas industry, which generates substantial volumes of produced water as a byproduct of extraction activities. Stringent regulatory frameworks and a focus on sustainable practices in the region amplify the demand for efficient treatment solutions to manage and responsibly dispose of produced water.

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