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Report overview
Oil & gas production requires large amount of water to stimulate subsurface formations for petroleum production. With the oil & gas market recovering substantially after a long slowdown, the market for oil field services, like water management services is also expected to witness a surge. Further, as the drilling activities move to harsher environment and less approachable areas, the oil & gas water management service providers are expected to face various challenges in the coming years. Advances in oil & gas recovery techniques to produce energy from unconventional resources, such as oil & gas shale have increased the national energy production. Moreover, these production activities involve utilization of huge amount of water and hence, managing water supply and usage at oil & gas fields across the globe have become more systematic than ever.
This report contains market size and forecasts of Oil and Gas Water Management Services in Global, including the following market information:
Global Oil and Gas Water Management Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Oil and Gas Water Management Services market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Technology Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Oil and Gas Water Management Services include Halliburton, BHGE, Ovivo, Nuverra Environmental Solutions, Aquatech Corp, Layne Christensen, Severn Treatment Services, Veolia Water Technologies SA and Schlumberger, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Oil and Gas Water Management Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Oil and Gas Water Management Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Oil and Gas Water Management Services Market Segment Percentages, by Type, 2021 (%)
Global Oil and Gas Water Management Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Oil and Gas Water Management Services Market Segment Percentages, by Application, 2021 (%)
Global Oil and Gas Water Management Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Oil and Gas Water Management Services Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include: