Fracking Water Treatment Market Size to Increase by USD 1,208.4 Mn: Market Research Insights Highlight Rising Natural Gas Consumption as Key Driver

NEW YORK, January 24, 2023 /PRNewswire/ — According to Technavio, fracking water treatment market will witness a CAGR of 4.06% between 2022 and 2023. The market is segmented by application (treatment and recycling and deep well injection), end user (commercial, industrial and residential), and geography (North America, EuropeAPAC, Middle East and Africaand South America). The market size for fracking water treatment is estimated to increase by 1208.4 million USD at a CAGR of 4.18% from 2022 to 2027 – Request a sample report

Technavio has announced its latest market research report titled Global Fracking Water Treatment Market 2023-2027

Fracking Water Treatment Market – Vendor Insights

The global fracking water treatment market is fragmented, and suppliers apply different strategies to compete in the market. The market consists of some well-established players involved in the design and manufacture of solutions that support fracking water treatment. These vendors invest heavily in research and development to bring better offerings to market and expand their customer base. Some of the strategies adopted by vendors to strengthen their position are mergers and acquisitions and strategic partnerships.

The report analyzes the competitive landscape of the market and offers information on several vendors in the market, including:

  • Anguil Environmental Systems

  • Aquatech International LLC

  • Baker Hughes Co.

  • Calfrac Well Services Ltd.

  • ChampionX Corp.

  • Hidden energy services

  • DuPont de Nemours Inc.

  • Ecologix Environmental Systems LLC

  • EVOQUA WATER TECHNOLOGIES CORP.

  • Filtra Systems Co

  • Fluence Corp. Ltd.

  • Halliburton Co.

  • Industrie De Nora Spa

  • LiqTech International Inc.

  • OriginClear Inc.

  • For details on suppliers and their offerings – Buy the report!

Fracking Water Treatment Market – Geographical Analysis

North America will provide maximum growth opportunities for the fracking water treatment market during the forecast period. According to our research report, the region will account for 85% of the global market growth.

Companies use recycled water in their operations because of the high adoption rate of the hydraulic fracturing process. The amount of water required in hydraulic fracturing is higher than the amount of water available. Therefore, there is an increase in demand for installing water treatment facilities in drilling zones where the hydraulic fracturing process is used. In addition, the hydraulic fracturing process involves the use of several harmful chemicals such as arsenic, lead and mercury. These factors are increasing the need for water treatment facilities, which is driving the growth of the market in the region.

Learn more about the geographical distribution of this market along with detailed analysis
of the best regions: https://www.technavio.com/report/fracking-water-treatment-market-
industry analysis?v1

Fracking Water Treatment Market – Key Segment Analysis

The processing and recycling segment will grow at a significant rate during the forecast period. The growth of this segment is driven by factors such as increasing demand for water supply across the globe. Adverse environmental conditions such as droughts have also increased the demand for water treatment. Such factors will drive the growth of the segment during the forecast period.

Download a sample to get additional highlights and key points in different markets
segments and their impact in the coming years.

Fracking Water Treatment Market – Key Market Drivers and Challenges

The increase in natural gas consumption drives market growth. The use of natural gas in fertilizer plants, power plants and petrochemical, transportation, residential and commercial sectors has increased significantly in major natural gas producing countries such as China and USA. Demand for natural gas as a transportation fuel is also increasing, especially in developing countries such as India. This will increase demand for more offshore and onshore oil and gas projects. These factors will lead to high demand for hydraulic fracturing as well as fracking water treatment equipment to access unconventional gas reserves such as shale gas, which will drive market growth over the forecast period.

Uncertainty in crude oil prices is a challenge for market growth. Price volatility forces oil and gas companies to cancel or delay planned investments. A sustained decline in crude oil prices could trigger mass disinvestment, reducing the profitability of upstream oil and gas companies. Uncertainty in global crude oil prices is adversely affecting exploration and production activities, which is negatively impacting demand for fracking water treatment equipment required for hydraulic fracturing processes. Such factors will hinder the growth of the market during the forecast period.

Download a sample of highlights on the market drivers and challenges affecting fracking
water treatment market.

What are the key data covered in this Fracking Water Treatment market report?

  • Market CAGR during the forecast period

  • Detailed information about the factors that will drive the growth of the Fracking Water Treatment market between 2023 and 2027.

  • An accurate estimation of the Fracking Water Treatment market size and its contribution to the parent market

  • Accurate predictions of upcoming trends and changes in consumer behavior

  • Market growth North America, EuropeAPAC, Middle East and Africaand South America

  • In-depth analysis of the competitive landscape of the market and detailed information on suppliers

  • A comprehensive analysis of factors that will drive vendor growth in the Fracking Water Treatment market

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The produced water treatment market is expected to grow at a CAGR of 7.93% between 2022 and 2027. The market size is projected to increase by 3,200.76 million US dollars. This report in detail covers market segmentation by application (onshore and offshore), technology (secondary treatment, primary treatment and tertiary treatment) and geography (North America, Europe, Middle East and Africa, South Americaand APAC).

The market of equipment for industrial water treatment size is expected to increase by $8.48 billion from 2021 to 2026 and the market growth momentum will accelerate at a CAGR of 4.47%. This report thoroughly covers the Industrial Water Treatment Equipment market segments by end-user (Energy & Power, Manufacturing & Other) and geography (APAC, Europe, North America, Middle East and Africaand South America).

Fracking Water Treatment Market Scope

Report coverage

Details

Page number

165

Base year

2022

Historical period

2017-2021

Estimated period

2023-2027

Growth momentum and CAGR

Accelerate at a CAGR of 4.18%

Market Growth 2023-2027

1208.4 million USD

Market structure

Torn apart

Year-on-year growth 2022-2023 (%)

4.06

Regional analysis

North America, Europe, APAC, Middle East & Africa and South America

Effective market contribution

North America at 85%

Key countries

USA, Canada, China, Japan and France

The competitive environment

Leading suppliers, market positioning of suppliers, competitive strategies and industry risks

Key companies profiled

Alfa Laval Corporate AB, Anguil Environmental Systems, Aquatech International LLC, Baker Hughes Co., Calfrac Well Services Ltd., ChampionX Corp., Cudd Energy Services, DuPont de Nemours Inc., Ecologix Environmental Systems LLC, EVOQUA WATER TECHNOLOGIES CORP., Filtra Systems Co, Fluence Corp. Ltd., Halliburton Co., Industrie De Nora Spa, LiqTech International Inc., OriginClear Inc., Schlumberger Ltd., Veolia Environment SA, WesTech Engineering LLC and Xylem Inc.

Market dynamics

Major market analysis, drivers and barriers to market growth, fast and slow growing segment analysis, analysis of the impact and recovery of COVID-19 and future consumer dynamics, and market status analysis for the forecast period.

Range of customization

If our report doesn’t include the data you’re looking for, you can contact our analysts and get custom segments.

View Technavio’s Utilities Market Reports

Contents:

1 Summary

2 Market landscape

3 Sizing the market

4 Historical market size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market segmentation by end user

8 Customer landscape

9 Geographical landscape

10 drivers, challenges and trends

11 Supplier landscape

12 Supplier Analysis

13 Appendix

About us:

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 dedicated analysts, Technavio’s report library consists of more than 17,000 reports and growing, covering 800 technologies spanning 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Global Fracking Water Treatment Market 2023-2027

Global Fracking Water Treatment Market 2023-2027

Sission

Sission

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