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Oil & Gas Wastewater Recovery Systems Market Trends

Report ID: GMI10149
Published Date: Jul 2024
Report Format: PDF

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Oil & Gas Wastewater Recovery Systems Market Trends

Stringent government regulations coupled with all time high demand of water across water scare region across the globe is facilitating the adoption of wastewater recovery systems. In addition, governments worldwide are implementing more stringent regulations regarding wastewater discharge and environmental impact. Regulations such as the Clean Water Act in the U.S., the European Water Framework Directive, and various local legislations in emerging markets are compelling oil and gas companies to invest in advanced wastewater recovery systems, thereby adding growth to the market. Rising energy demand on a regional bases has stimulated the upstream investment across the sector, which will enhance the business scenario.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of oil & gas wastewater recovery systems was reached USD 5.8 billion in 2023 and is anticipated to register 9.7% CAGR between 2024 and 2032, driven by shift towards decentralized system and rising focus on zero liquid discharge.

The ultra-filtration & reverse osmosis segment in the oil & gas wastewater recovery systems market will witness 9.8% CAGR through 2032, due to the rising advancement adoption of zero liquid discharge systems.

Asia Pacific oil & gas wastewater recovery systems market is projected to hit USD 2 billion by 2032, due to the strong industrial growth and decisive government measures regarding waste recovery and treatment.

BioChem Technology, Calgon Carbon Corporation, CLEARAS Water Recovery, ClearBlu Environmental, DYNATEC SYSTEMS, INC., ENCON Evaporators, Evoqua Water Technologies LLC, and Kemco Systems, among others.