Fracking Water Treatment Market Size, Share & Trends Report

Fracking Water Treatment Market Size, Share & Trends Analysis Report By Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

  • Published Date: ---
  • Base Year for Estimate: ---
  • Report ID: GVR1595
  • Format: Electronic (PDF)
  • Historical Data: ---
  • Number of Pages: 0

The global fracking water treatment market is expected to observe growth over the forecast period. Growing need to treat water used during hydraulic fracturing and horizontal drilling to prevent groundwater contamination is expected to remain a key factor driving the global market over the next seven years. Natural gas market is expected to witness rapid growth in the near future which in turn is likely to enhance fracking water treatment market growth over the forecast period. The shale gas boom in the U.S. is one of the major factors expected to drive the global market over the foreseeable future. The growing importance of water has led to increase in demand for equipment or technique to recycle waste water. Increasing consumer awareness regarding wastewater treatment and its utilization for secondary purposes is anticipated to have a positive impact on the global market growth over the next seven years. Huge consumption of water during hydraulic fracturing resulted in water level depletion which led to regulatory authorities to promote recycling processes in order to reduce excessive water wastage. This factor is further expected to positively impact the fracking water treatment market over the foreseeable period. According to EIA, water required for natural gas extraction may increase over the future owing to increasing extraction processes. Treated water is touted as a potential source for fracking application which is likely to boost the demand for fracking water treatment in the near future. Depleting oil reserves has led to a shift in focus toward natural gas extraction. Increasing drilling activities across the globe is anticipated to augment market growth over the forecast period. Increasing intervention by regulatory bodies to reduce wastewater volume has led to inclination by major companies towards water treatment. This trend is expected to further augment the global fracking water treatment market growth.

North America has been the emerging market over the recent past and is expected to witness rapid growth over the next seven years owing to increasing drilling activities to extract unconventional gas in the region. The shale gas boom in the U.S. is a major factor expected to drive the fracking water treatment market in North America. Stringent government regulations regarding water wastage and groundwater contamination are further anticipated to drive the market growth in North America. Asia Pacific market is expected to witness considerable growth over the next seven years on account of the emerging shale gas market in China. Increased restriction from REACH and GPA to reduce excessive wastage of water coupled with the scarcity of fresh water in the region is expected to drive the fracking water treatment market in Europe.

Intensive R&D activities by companies and research institutes in the water treatment field coupled with increasing E&P globally is expected to open new opportunities for new market participants as well as existing players. Fracking water treatment systems are highly capital intensive with a long period of returns. This is expected to act as a barrier to new market participants. Key companies operating in the global market include Total Separation Solutions, Schlumberger Ltd., Halliburton Co., Oasys Water Inc., Altela Inc., and Gasfrac Energy Services.

gvr icn

GET A FREE SAMPLE

gvr icn

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself...

gvr icn

NEED A CUSTOM REPORT?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

Contact us now to get our best pricing.

BBB icon D&B icon

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure.