Zion Market Research Water Management Market for Oil and Gas Industry, | Page 3

Water Management Market for Oil and Gas Industry
is divided into water hauling services segment, produced water treatment services, and
water disposable services. The water management market for oil and gas industry can be
geographically diversified into Asia-Pacific, Europe, North America, and Rest of the World.
Water Management Market for Oil and Gas Industry: Growth Factors
Managing the water in the oilfield is still an evolving process. The main issues faced by the
global market are in the management of the produced water, the effect on its deliverability,
scale of the wellbore, deliverability, and the costs related to its disposal. The produced water
is re-injected for water flooding and pressure support; this technique has been used as a
strategy to add the operational and economical benefits. The water scarcity in the world is
driving the industry to find new technologies in order to reuse the produced water for
irrigation or other utilities. A new level of complexity is added with the development of the
multistage fracturing that overall changed the nature of the oilfield water management.
Other factors that are driving the water management market for oil and gas industry are
water scarcity, growing water cuts, strict environmental regulations, and the growth of the oil
and gas productions.
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Water Management Market for Oil and Gas Industry: Regional Analysis
The region that is dominating the water management market for oil and gas industry is North
America. It is mainly due to the unusual growth of the oil and gas production in the United
States. In the near future, the U.S. market is expected to grow owing to the fact that water
hauling is the largest component of the services. The market for the oil and gas industry is