Market Research Report
United States Oil and Gas Water Purification Market: Trends, Opportunities and Forecasts 2015-2021
|Published by||Azoth Analytics||Product code||350840|
|Published||Content info||105 Pages
|United States Oil and Gas Water Purification Market: Trends, Opportunities and Forecasts 2015-2021|
|Published: January 29, 2016||Content info: 105 Pages||
The United States Water Purification Market in Oil and Gas Industry had been growing at a high rate on account of the shale revolution in the country. However, the fluctuation in the crude oil prices has created an unstable environment especially for the oil field services and related industries. However, rising expenditure in waste water management, continuous increase of environmental challenges pertaining to water and stringent government regulations would relatively deescalate the impact of the crude oil slump.
During 2015-21, Water Purification Market in Oil and Gas Industry is anticipated to decline at a rate of 0.72% on account of anticipating low crude oil prices leading to a decline in country's export and declining crude oil production.
Moreover, an increase in crude oil prices will induce the U.S. dollar to appreciate making it tougher for the economy to increase its exports and will result in worsening the balance of trade in the coming years.
According to Azoth Analytics research report, “United States Water Purification Market in Oil and Gas Industry 2010-2020F”, water purification market in United States is projected to exhibit a negative CAGR of over 0.72% during 2016 - 2021. The market is segmented by Technology (De-oiling, Desalination and Disposal sectors), By Equipment (Membrane Processes, Thermal Treatment, Ion Exchange and Capacitive Deionization), By End User and location of application. Gulf coast has dominated the revenue contribution share in 2015 and the region is forecast to continue its domination through 2021 because of high exploration and production activities in Texas. Few of the leading companies operating in United States Water Purification Market in Oil and Gas Industry includes Veolia, Suez Environment , Schlumberger, FMC Technologies and many more.
The report “United States Oil and Gas Water Purification Market: Trends, Opportunities and Forecasts (2015-2021) - (By Value, By Volume, By Technology, By Equipment, By End-Use, By Location of Application)” analyses the following aspects of water purification market in United States:
The industry, sector and the segment is defined and the historic market trend is figured out through various paid databases. The next stage involved comprehensive primary research in which the various stakeholders of the market segment (e.g. Produced Water Purification equipment manufacturers, service providers, dealers/distributors) were contacted, interviewed and their insights taken. The insights from the experts/stakeholders triangulated with the historical market trends. Further, Back-of-the-Envelope calculation for the market estimation was made through proper understanding of the market as well as future business strategies of the companies engaged in the market.