Produced Water Treatment Systems Market - Forecast(2022 - 2027)
Overview The Global Produced Water Treatment Systems Market is estimated to reach $7.9billion by 2025, growing at a CAGR of 5.15% from 2020 to 2025. Produced water is a waste byproduct of Oil & Gas industry. Produced water is extracted from Oil & Gas reservoirs and it is generally a mixture of organic and inorganic compounds. Produced water also consists of dissolved and dispersed oil, grease, heavy metals, waxes, microorganisms and others. Emerging technologies for the treatment of produced water are utilized for the removal of heavy metals, oil, grease and others. The ever increasing demand for fresh water, scarcity of water in many locations along with stringent environmental regulations have resulted in the rise of produced water treatment systems Market. Key Takeaways Growing demand for oil in the developed and developing countries, surge in gas plants, surge in mining activities along with adoption in stringent environmental regulations are driving the growth of the