In oil and gas production, water management is crucial both as a by-product and ingredient, water.     Various steps in oil and gas production such as drilling of exploration well, injection into the well, and refining and oil processing require water. Effective water management is highly required to improve production and operational quality across oil and gas reservoirs. It also saves cost and ensures environmental protection. Oil companies have started realizing the importance of water management and have devised new methods to increase sustainability and decrease fresh water consumption. Operators are reusing oilfield waste water and are also focusing on reducing the disposal volume. 

The report studies the global water management market for oil and gas industry on the basis of application and technology as well as geography. The report offers a detailed analysis of the growth of the market across key geographical regions.

The report further provides insightful information about the competitive landscape and profiles some of the key players operating in the global water management market for oil and gas industry.  

Overview of Global Water Management Market for Oil & Gas Industry

Stringent environmental regulation, water scarcity, increasing water cuts, and growth in unconventional oil and gas production are propelling the global water management market for oil and gas industry. The importance of water management has increased significantly in response to the wide-scale development of shale resources for oil and gas production. The acute shortage of potable water is compelling the oil and gas industry to develop technologies enabling the use of produced water for irrigation and other utilities. Multi-stage fracturing has further pushed the demand for recycling and treatment of water. 

In terms of application, the report segments the global water management market for oil and gas industry into offshore and onshore. On the basis of technology, the market has been categorized into water hauling services, water disposable service, and produced water treatment service. In onshore segment, volumes of flow back and produced water are increasing owing to increased production of unconventional oil and gas. 

The report studies the global water management market for oil and gas industry across four key regions: Asia Pacific, North America, Europe, and Rest of the World. Demand is highly located in North America due to rapid increase in unconventional oil and gas production in the United States. In the coming years, the U.S. market is estimated to expand further with water hauling as the largest component of the services market. Asia Pacific is expected to emerge as an enormous market for oil and gas industry. This would fuel the water management market in the region. 

Major Companies in Global Water Management Market for Oil & Gas Industry

Some of the key players operating in the global water management market for oil and gas industry are Sclumberger, Ovivo, Veolia, Green Hunter Resources, Ridgeline Services, Aquatech, Heckmann Corp. and Layne.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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