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
Research Methodology: Oil & Gas Water Management Services Market - Global Market Assessment, 2021 - 2028
We at Vantage Market Research, employ comprehensive methodology for each market study, and Oil & Gas Water Management Services Market is not an exception. Moreover, Vantage Market Research utilizes tried and tested approaches to arrive at market-related projections. The research methodology is based on the 3-dimensional model consisting of 3 phases namely: Secondary Research, Primary Research, and Data Triangulation. We were connected with more than 145 primary respondents adequately distributed across the five regions to procure required Oil & Gas Water Management Services market-related information.
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements
Data Triangulation and Market Size Estimations
At the later stage and after procuring data from secondary and primary research, top-down and bottom-up approaches are used to validate and estimate the market size of the Oil & Gas Water Management Services market. After the determination of the overall market size, the market is divided into various segments and sub-segments. The data was triangulated by employing various data models and statistical techniques to arrive at exact statistics and also considering key market trends from supply as well as the demand side of the market.
FAQ
Frequently Asked Question
What is the global demand for Oil & Gas Water Management Services in terms of revenue?
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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?
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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.