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Oil & Gas Water Management Services Market

Oil & Gas Water Management Services Market

Oil & Gas Water Management Services Market Global Industry Assessment & Forecast

# Pages:

151

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0506

Segments Covered
  • By Sector Upstream, Downstream
  • By Services Water Disposal Services, Water Hauling Services, Produced Water Treatment Services, Others
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 4526 Million
Revenue 2028Revenue 2028: 8525.69 Million
Revenue CAGRRevenue CAGR (2022 - 2028): 8.3
Fastest Growing Region Fastest Growing Region (2022 - 2028) 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. 

Yearly Infographics 4526 Million 8525.69 Million

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)
North America
Europe
Asia Pacific
South America
Middle East Africa

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
  • 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%.

  • 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..

  • The market is project to grow at a CAGR of 8.3% between 2021 and 2028.

  • 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.

  • North America was the leading regional segment of the Oil & Gas Water Management Services in 2020.