Produced Water Treatment Market

The produced water treatment market is forecast to reach USD 13.4 billion by 2029 from an estimated USD 10.7 billion in 2024, at a CAGR of 4.7% during the forecast period (2024-2029). The strict environmental regulations, increasing oil and gas production, water scarcity and resource management, Technological Advancements are the key factors driving the produced water treatment market.

The produced water treatment market is served by a mix of international players with a global operational presence and local players with a strong domestic supply network.

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The key players in the produced water treatment market include companies such as SLB (US), Baker Hughes Co (US), Siemens Energy (Germany), Veolia Environnement SA (France), TechnipFMC (UK).

SLB, a global oilfield services company in the energy sector provides technology and information solutions to the Oil and Gas Industry worldwide. The company operates through four major business segments: Digital & Integration, Reservoir Performance, Well Construction, Production Systems. SLB has a significant presence in over 120 countries worldwide and in key oil and gas production regions such as North America, Asia pacific, Europe, South America, Middle East & Africa.

Siemens Energy is a global leader in the energy sector, focusing on sustainable and efficient solutions across the energy value chain. Siemens Energy's Produced Water Services provide the upstream and downstream markets with solutions for a variety of flow rates and applications. These applications include temporary equipment rentals for permanent install base overhauls. Siemens Energy operates under four operating segments: Gas services, Grid Technologies, Transformation of Industry, and siemens gamesa.

Baker Hughes Company is an energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. Baker Hughes Company conducts business in over 120 countries. The company's portfolio includes drilling equipment, compressors, and pipe systems. The Company Operates through two segments namely Oilfield Services & equipment and Industrial & Energy technology.

TechnipFMC plc is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. The TechnipFMC Plc focuses on geographic regions such as North America, Europe, and Asia-Pacific. The TechnipFMC Plc operates in two business segments namely Subsea and Surface Technologies. TechnipFMC aims to maintain its leading position in subsea technologies and equipment.

Related Reports:

Produced Water Treatment Market by Application (Onshore, Offshore), Source (Conventional, Unconventional), Treatment (Primary treatment, Secondary treatment, Tertiary treatment) and Region - Global Forecast to 2029

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