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
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 4526 Million |
Revenue 2028: | 8525.69 Million |
Revenue CAGR (2021 - 2028): | 8.3 |
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
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
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?
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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?
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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?
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North America was the leading regional segment of the Oil & Gas Water Management Services in 2020.