
Oil & Gas Water Management Services Market
Oil & Gas Water Management Services Market Global Industry Assessment & Forecast
Segments Covered
By Sector Upstream, Downstream
By Services Water Disposal Services, Water Hauling Services, Produced Water Treatment Services, Others
Snapshot
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2021 - 2028 |
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2016 - 2020 |
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4526 Million |
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8525.69 Million |
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8.3 |
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North America |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
Key Insights
The
global Oil & Gas Water Management Services market was valued at USD 4526 Million in 2020 and is
projected to reach USD 8525.69 Million by 2028, growing at a CAGR of 8.3%
from 2021 to 2028.

Years | Parameters |
---|---|
Historical Data (Actual Data) | 2016-2020 |
Base Year Data | 2020 |
Current Year Date | 2021 |
Projected year data | 2021-2026 |
Annual Market Size (2028) | 8525.69 Million |
Annual Market Size (2021) | |
CAGR (2021 - 2028) | 8.3% |
Definition And Overview
Water resource management is the activity of planning, developing, distributing and managing the optimum use of water resources. It is an aspect of water cycle management. Water is essential for our survival.
The global Oil & Gas Water Management Services market is segmented based on by Sector, Services, Regions, and Countries. This report provides an analysis of the global Oil & Gas Water Management Services market for the historic period of 2016–2019 and forecasts for 2021–2028 while 2020 is considered as a base year for estimations. The report covers exhaustive analysis on the global Oil & Gas Water Management Services industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. The report provides a detailed study on various product types and their applications in different industry verticals at the global/regional/country level. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed based on present and future trends. The research study provides complete assessment of the market on the basis of competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 with forecast from 2021 to 2028.
COVID-19 Impact Analysis
COVID-19
pandemic led to government of numerous countries across the globe to impose stringent
lockdown measures during the primary stages. This led to numerous challenges owing
to the supply chain. However, the market witnessed steady growth over the later
stages as the governments lifted restrictions on construction activities. Impact
of COVID-19 on the market demand is considered while estimating the current and
forecast market size and growth trends for all the regions and countries. The
report provides a completely separate chapter for COVID-19 Impact Analysis.
This chapter includes: o Impact Assessment of COVID-19
Pandemic o Pre & Post COVID-19
Market Size o Qualitative analysis on the
short term & long-term impact of COVID-19 on the market
o
The
analysis provides foremost strategies adopted by competitors to minimize the
impact of the pandemic on their business activities and scope for future
developments.
Industry Analysis
The investments in the oil & gas deep water as well as in ultra-deep water drilling activities, like Senegal,Gabon, Guyana, Egypt, Trinidad & Tobago and the Mexican side of Gulf of Mexico, are promoting development of deepwater and ultra-deepwater reserves and supporting the growth of the market over the forecast period.
The growing horizontal drilling activity as well as growing lateral length has translated into significant demand for such water management services in recent years and is anticipated to augment the growth of the market over the forecast period.
The high initial cost is anticipated to hamper the growth of the market over the forecast period.
Parameter | Details |
---|---|
Market Size Provided for Years | 2016-2028 |
Base Year | 2020 |
Historic Years | 2016-2020 |
Forecast Years | 2021-2028 |
Market Size Provided In Terms Of | Revenue & Volume |
Segments Covered | Sector, Services |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Countries Covered | The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others |
Companies Covered | Schlumberger Ltd, Nuverra Environmental Solutions Inc, Severn Treatment Services Ltd., Baker Hughes, Veolia Water Technologies SA, Green Hunter Resources Inc., Aquatech Corp., Halliburton Co., Layne Christensen Co, Ovivo USA LLC. |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
Product Analysis Preview
Sector
Analysis: Preview On the basis of Sector,
the market is segmented into Upstream, Downstream. Upstream held the highest
share in the global Oil & Gas Water Management Services
market and is projected to witness the same trend during the forecast
period. Companies in this
sector are opting to advanced technologies in their supply chain to cater the
end user requirements effectively. Services
Analysis: Preview
Based on Services,
the market is segmented into Water Disposal Services, Water Hauling Services, Produced Water Treatment Services, Others. Water Disposal Services accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Oil & Gas Water Management Services Market: Sector Segment Analysis
-
- Upstream
- Downstream
Global Oil & Gas Water Management Services Market: Services Segment Analysis
-
- Water Disposal Services
- Water Hauling Services
- Produced Water Treatment Services
- Others
Regional Analysis Preview
Based
on region, the global Oil & Gas Water Management Services market is segregated into North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa. North America
region led the market with the largest share in 2020. Some of the key countries
contributing to the surge in the market are the U.S., U.K., Germany, France,
China, India, Japan, and South Korea. Developing economies in the Asia Pacific
region such as China and India are expected to make notable contributions in
the growth over the coming years. Thus, it is expected that the Oil & Gas Water Management Services market
is anticipated to rise over the forecast timespan.
Market Size, 2021 (USD Billion)
Global Oil & Gas Water Management Services Market: Regional Analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Competitive Landscape
The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Oil & Gas Water Management Services market are Schlumberger Ltd, Nuverra Environmental Solutions Inc, Severn Treatment Services Ltd., Baker Hughes, Veolia Water Technologies SA, Green Hunter Resources Inc., Aquatech Corp., Halliburton Co., Layne Christensen Co, Ovivo USA LLC.. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.
Global Oil & Gas Water Management Services Market: Key Highlights
- The global Oil & Gas Water Management Services market was valued at USD 4526 Million in 2020
- The global Oil & Gas Water Management Services Market is projected to reach USD 8525.69 Million by 2028
- North America held the highest share of the Oil & Gas Water Management Services market in 2020
- Some of the major companies operating in the Oil & Gas Water Management Services market are Schlumberger Ltd, Nuverra Environmental Solutions Inc, Severn Treatment Services Ltd., Baker Hughes, Veolia Water Technologies SA, Green Hunter Resources Inc., Aquatech Corp., Halliburton Co., Layne Christensen Co, Ovivo USA LLC.
FAQ
Frequently Asked Question
What is the global demand for Oil & Gas Water Management Services in terms of revenue?
-
The global Oil & Gas Water Management Services valued at 4526 Million in 2020 and is expected to reach 8525.69 Million in 2028 growing at a CAGR of 8.3%.
Which are the prominent players in the market?
-
The prominent players in the market are Schlumberger Ltd, Nuverra Environmental Solutions Inc, Severn Treatment Services Ltd., Baker Hughes, Veolia Water Technologies SA, Green Hunter Resources Inc., Aquatech Corp., Halliburton Co., Layne Christensen Co, Ovivo USA LLC..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.3% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Oil & Gas Water Management Services include
- The investments in the oil & gas deep water as well as in ultra-deep water drilling activities, like Senegal,Gabon, Guyana, Egypt, Trinidad & Tobago and the Mexican side of Gulf of Mexico, are promoting development of deepwater and ultra-deepwater reserves and supporting the growth of the market over the forecast period.
- The growing horizontal drilling activity as well as growing lateral length has translated into significant demand for such water management services in recent years and is anticipated to augment the growth of the market over the forecast period.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Oil & Gas Water Management Services in 2020.