Produced Water Treatment Market

Global Produced Water Treatment Market Size (2024 to 2032)

The Global Produced Water Treatment Market was worth USD 4.36 billion in 2023 and is anticipated to reach a valuation of USD 7.63 billion by 2032 from USD 4.64 billion in 2024 and is predicted to register a CAGR of 6.41% during 2024-2032.

Current Scenario of the Global Produced Water Treatment Market

The global Produced Water Treatment Market is growing at a rapid pace, owing to the fact that the oil and chemical production industries contain various contaminants that must be removed in order to generate a new source of produced water. The EPA describes basic water treatment as follows: filthy water enters a facility for treatment, then passes through a screen to remove large floating debris such as rags and sticks that could clog pipes or injure equipment. The sewage is dumped into the environment once it has been processed. A grit chamber's bottom is made up of cinders, sand, and small stones. A grit chamber is essential in cities with combined sewer systems, because sand or gravel may wash into sewers with stormwater.

After screening and grit removal, sewage still contains organic and inorganic components, as well as various suspended solids. Solids are small particles that a sedimentation tank may remove from sewage. When the flow rate through one of these tanks is reduced, the suspended particles gradually descend to the bottom, forming a solids mass. Pumping is frequently used to remove biosolids from tanks, after which they are processed for use as fertilizer, disposed of in a landfill, or burned. Primary treatment has been insufficient to meet the needs of many communities for improved water quality over time.

To satisfy them, cities and industry often treat to a secondary treatment level, with advanced treatment being employed in some cases to remove nutrients and other contaminants. The second step of treatment eliminates roughly 85% of the organic waste by employing the microorganisms in the sewage. The trickling filter and the activated sludge process are the two most used secondary treatment processes. A trickling filter is a three to six-foot-deep bed of stones that sewage passes through. Produced water treatment is the treatment of water that comes from various industries.

MARKET GROWTH

Stringent regulations for the treatment and disposal of produced water will continue to drive demand for a variety of produced water treatment technologies.

MARKET DRIVERS

Produced water can be characterized as a mixture of natural and inorganic additions found in oil and gas reservoirs.

The water produced in this manner is acidic, and it needs to be treated before it is discharged into rivers or used for re-injection in oil and gas extraction sites. Freshwater consumption has increased dramatically as the world's population continues to grow. Long-term discharge of oil-contaminated water pollutes existing resources. This is expected to result in a freshwater shortage in the near future. Several countries' governments have imposed strict environmental regulations by enacting discharge criteria for oil concentration levels in discharged waterways.

Produced water must be handled and reused to increase well productivity. Various water remediation solutions have been implemented as a result of increased oil and gas productivity and strict government regulations governing the direct release of generated water. In countries where fresh water is scarce, demand for produced water treatment is high. The Asia Pacific has more water shortage issues; as a result, the rate of adoption of water treatment technologies is much higher in most major countries to deal with water scarcity.

MARKET RESTRAINTS

Increased demand for oil and gas in countries, as well as expansion in downstream operations and cost-effective shale gas extraction, are likely to positively impact the produced water treatment market.

Low and volatile crude oil prices have drastically impacted investment in oil and gas. This is a substantial limitation on the market for produced water treatment.

Throughout the ongoing COVID-19 outbreak, oil consumption has remained low. This has repercussions for business activity outside of the produced water treatment sector. Manufacturing units were shut down in major sections of the world during the lockdown because workers were afraid of becoming infected, resulting in a scarcity of inventory. The market is getting back on its feet thanks to global immunization and the application of standards, as the oil and gas market is also gathering up speed, which will help the produced water treatment market grow significantly.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Produced Water Treatment Market Analysis By Service

The market is divided into three categories based on service: primary treatment, secondary treatment, and tertiary treatment. Solid suspended particles and hydrocarbons are removed during the first treatment. Secondary treatment removes various pollutants and organic compounds, and tertiary treatment disinfects the water before it is used again. Because it includes procedures like reverse osmosis, which may achieve the highest level of purification, Tertiary Treatment is predicted to increase the most in the near future. For advanced treatment of generated water, the tertiary approach is commonly preferred.

Global Produced Water Treatment Market Analysis By Application

Onshore applications of globally produced water treatment include the clearing or discharge of produced water from oil and conventional gas wells. Some CBM water is clean enough to be discharged without additional treatment. Other produced water is bubbled over rocks to aerate them and let the iron precipitate out before being discharged into a stream. When a more comprehensive treatment is required, operators have used reverse osmosis.

A polluted stream of water is passed across a semipermeable membrane in reverse osmosis, a water pollution treatment procedure. Freshwater passes through the membrane, leaving behind a concentrated waste stream. Reverse osmosis has been utilized sparingly in the hydrocarbon business. Detection of a wide spectrum of naturally occurring dangerous metals, organics, and radioactive compounds (NORM) Oil and grease removal is the objective of most offshore-produced water treatment technologies. In the near future, the onshore application of generated water treatment is predicted to develop the most.

REGIONAL ANALYSIS

The produced water treatment market is projected to be dominated by North America. Shale gas exploration and extraction are gaining popularity in the United States. To minimize the cost of fracking or shale gas extraction, corporations have shifted to frugal, cost-effective, and innovative technology. Offshore oil exploration and extraction are becoming more common in the United States. Various old oil wells in the United States need to be refurbished, modernized, and upgraded. In the United States, upstream and downstream operations have expanded. In the United States, several new oil and gas pipelines have been proposed. These factors are expected to drive the North American-produced water treatment industry.

The Middle East and Africa are likely to have a positive impact on the market for produced water treatment. The Middle East is the world's greatest exporter of oil and gas. The existing oil and gas production sites in the Middle East are several years old, and they require routine maintenance to avoid downtime. To function at peak performance, some of these locations require renovation, upgrade, and modernization. The African region's oil and gas deposits are undeveloped and undiscovered. Exploration and extraction of oil and gas in the ocean water surrounding the African continent have gained traction.

In the future years, oil and gas activity in India, China, Southeast Asia, and elsewhere will gain traction.

The manufactured water treatment market in Europe is considerable. Regular maintenance is required for oil and gas sites in the United Kingdom, Norway, Russia, and elsewhere, while certain sites require modernization, upgrade, and refurbishment. Natural gas is transported via long-distance gas pipelines from Russia to European countries. Exploration for oil and gas is underway across Europe. The produced water treatment industry has benefited from global norms and regulations governing the treatment of produced water.

KEY PLAYERS IN THE GLOBAL PRODUCED WATER TREATMENT MARKET

Companies playing a prominent role in the global produced water treatment market include Siemens Energy AG, Schlumberger Limited, CETCO Energy Services Company LLC, TechnipFMC plc, Halliburton, Ovivo, Veolia, Enviro-Tech Systems, Suez S.A., Sulzer, and Others.

RECENT HAPPENINGS IN THE GLOBAL PRODUCED WATER TREATMENT MARKET

• Séché Environnement has agreed to buy a portion of Veolia's industrial water treatment services business in France under a unilateral put agreement inked by the two companies.
• At the 2022 Offshore Technology Conference, Turner Designs Hydrocarbon Instruments showcased their industry-leading oil-in-water monitors and analyzers for produced water treatment system improvement. A variety of TDHI technologies are used in the water treatment optimization system.

DETAILED SEGMENTATION OF THE GLOBAL PRODUCED WATER TREATMENT MARKET INCLUDED IN THIS REPORT

This research report on the global produced water treatment market has been segmented and sub-segmented based on service, application and region.

By Service

• Primary Treatment
• Secondary Treatment
• Tertiary Treatment

By Application

• Onshore
• Offshore

By Region

• North America 
• Europe 
• Asia Pacific
• Latin America 
• Middle East & Africa