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Global Water Treatment Equipment Market for the Downstream Oil and Gas Industry 2018-2022| Key Insights| Technavio

January 4, 2019

LONDON--(BUSINESS WIRE)--Jan 4, 2019--The global water treatment equipment market for the downstream oil and gas industry is expected to post a CAGR of over 2% during the period 2018-2022, according to the latest market research report by .

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Technavio has published a new market research report on the global water treatment equipment market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the guidelines for water treatment. Stringent guidelines on water treatment is driving the growth of the market. Some of the key pollutants are the effluents discharged from refineries and other industries. These effluents consist of pollutants, such as lead and iron, which impact the ecosystem. Globally, the increasing focus on sustainable development promotes the use of wastewater treatment to reduce the level of contaminants.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the technological advances for water treatment as one of the key emerging trends in the global water treatment equipment market for the downstream oil and gas industry:

Global water treatment equipment market for the downstream oil and gas industry: Technological advances for water treatment

A major trend in the future will the advances in water technologies. The high demand for water treatment and the increasing requirement of water in various activities in the downstream oil and gas industry has led to advances in water treatment technologies. Several technologies for water treatment along with improving the efficiency of existing water treatment technologies have been introduced.

“Few of the technologies that will impact the demand for water treatment globally are membrane filtration technology, low-pressure filtration technology, and high-pressure membranes or two-step membrane technology. The membranes’ technology efficiently removes the total dissolved organic and inorganic elements,” says a senior analyst at Technavio for research on oil and gas.

Global water treatment equipment market for the downstream oil and gas industry: Segmentation analysis

This market research report segments the global water treatment equipment market for the downstream oil and gas industry by application (process water and wastewater) and geographical regions (APAC, EMEA, and the Americas).

The process water segment held the largest market share in 2017, accounting for over 79% of the market. This application segment is expected to dominate the global market throughout the forecast period.

EMEA led the market in 2017 with a market share of over 37%. This region is expected to dominate the market through 2022, however there will be a decrease in its market share.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005368/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: ENERGY OIL/GAS ENVIRONMENT

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/04/2019 11:40 AM/DISC: 01/04/2019 11:40 AM

http://www.businesswire.com/news/home/20190104005368/en

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