Fracking Water Treatment Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 3.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Fracking Water Treatment Market Analysis
The market for fracking water treatment is expected to grow at a CAGR of over 3% during the forecast period. The major factor driving the growth of the market is its extensive use in the oil and gas industry to recycle the water for economic as well as environmental efficiency. Moreover, stringent international regulations regarding wastewater treatment are expected to propel the market considered. The outbreak of COVID-19 is expected to foil the market growth during the period of forecast.
- Treatment & Recycle Segment is anticipated to dominate the global fracking water treatment market owing to the various stringent regulations pertaining to the oil and gas industry.
- North America region is expected to be the largest market for the fracking water treatment market because of rising daily crude oil demand coupled with increasing number of drilling projects in the region.
Fracking Water Treatment Market Trends
This section covers the major market trends shaping the Fracking Water Treatment Market according to our research experts:
High Demand from Treatment & Recycle Segment
- The treatment & recycle section is represented as a critical offer lately with expanding interest for water treatment and rising demand for water because of water shortage comprehensively.
- The wastewater from fracking tasks require treatment for its further usage. In addition, the expanded significance of water and dry season conditions is producing a need to create equipment to reuse wastewater and assisting the development of the worldwide fracking water treatment market.
- Every day worldwide interest for crude oil (including biofuels) is on the ascent and is anticipated to cross 100 million barrels for each day mark in 2020. Besides, more drilling must be done per unit of oil as hydrocarbon discoveries become less gainful with time.
- All the aforementioned factors are expected to drive the fracking water treatment market during the forecast timeframe.
North America to Dominate Fracking Water Treatment Market
- North America region holds a prominent share in the fracking water treatment market globally and is expected to dominate the market during the period of forecast.
- The United States and Canada are the key markets for fracking water treatment in North America inferable from increasing drilling projects in the area. Furthermore, shale gas boom in the United States is a central point expected to drive the fracking water treatment business in North America.
- In 2020, the United States is projected to produce around 6.7 million barrels of crude oil daily, and therefore the demand for fracking water treatment in the region is expected to rise.
- Thus, rising crude oil demand coupled with government support is expected to drive the market studied in the region during the forecast period.
Fracking Water Treatment Industry Overview
The fracking water treatment market is consolidated. Some of the players in the market include Schlumberger Limited, Halliburton, Veolia Water Technologies, DuPont, and Ecologix Environmental Systems, LLC.
Fracking Water Treatment Market Leaders
Schlumberger Limited
Halliburton
Veolia Water Technologies
DuPont
Ecologix Environmental Systems, LLC
*Disclaimer: Major Players sorted in no particular order
Fracking Water Treatment Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 High Demand from Treatment & Recycle Segment
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4.1.2 Stringent Government Regulations
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4.2 Restraints
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4.2.1 Outbreak of COVID-19
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4.2.2 Other Restraints
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4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Application
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5.1.1 Treatment & Recycle
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5.1.2 Deep well Injection
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5.2 Geography
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5.2.1 Asia-Pacific
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5.2.1.1 China
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5.2.1.2 India
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5.2.1.3 Japan
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5.2.1.4 South Korea
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5.2.1.5 Rest of Asia-Pacific
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5.2.2 North America
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5.2.2.1 United States
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5.2.2.2 Canada
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5.2.2.3 Mexico
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5.2.3 Europe
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5.2.3.1 Germany
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5.2.3.2 United Kingdom
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5.2.3.3 France
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5.2.3.4 Italy
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5.2.3.5 Rest of Europe
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5.2.4 South America
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5.2.4.1 Brazil
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5.2.4.2 Argentina
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5.2.4.3 Rest of South America
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5.2.5 Middle-East and Africa
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5.2.5.1 Saudi Arabia
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5.2.5.2 South Africa
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5.2.5.3 Rest of Middle-East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share/Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 Agua Dulce Technologies, LLC
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6.4.2 Aquatech International LLC
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6.4.3 DuPont
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6.4.4 Ecologix Environmental Systems, LLC
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6.4.5 Filtra Systems
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6.4.6 Halliburton
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6.4.7 Oasys Water
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6.4.8 Schlumberger Limited
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6.4.9 Veolia Water Technologies
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Fracking Water Treatment Industry Segmentation
The Fracking Water Treatment Market report includes:
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| Treatment & Recycle | |
| Deep well Injection |
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Fracking Water Treatment Market Research FAQs
What is the current Fracking Water Treatment Market size?
The Fracking Water Treatment Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in Fracking Water Treatment Market?
Schlumberger Limited, Halliburton, Veolia Water Technologies, DuPont and Ecologix Environmental Systems, LLC are the major companies operating in the Fracking Water Treatment Market.
Which is the fastest growing region in Fracking Water Treatment Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Fracking Water Treatment Market?
In 2024, the North America accounts for the largest market share in Fracking Water Treatment Market.
What years does this Fracking Water Treatment Market cover?
The report covers the Fracking Water Treatment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fracking Water Treatment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Fracking Water Treatment Industry Report
Statistics for the 2024 Fracking Water Treatment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fracking Water Treatment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
