Fracking water treatment market size to increase by USD 1,208.4 million: Market research insights highlight the

NEW YORK, Jan. 24, 2023 /PRNewswire/ — According to Technavio, the fracking water treatment market will witness a YOY growth of 4.06% between 2022 and 2023. The market is segmented by application (treatment and recycle and deep well injection), end-user (commercial, industrial, and residential), and geography (North America, Europe, APAC, Middle East and Africa, and South America). The fracking water treatment market size is estimated to increase by USD 1,208.4 million at a CAGR of 4.18% from 2022 to 2027 – Request a sample report

Fracking water treatment market – Vendor insights

The global fracking water treatment market is fragmented, and the vendors are deploying various strategies to compete in the market. The market comprises some well-established players that are involved in designing and manufacturing solutions that support fracking water treatment. These vendors are investing significantly in research and development to introduce better offerings in the market and expand their customer base. Some of the strategies adopted by vendors to strengthen their position are M&A and strategic partnerships.

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

• Anguil Environmental Systems

• Aquatech International LLC

• Baker Hughes Co.

• Calfrac Well Services Ltd.

• ChampionX Corp.

• Cudd Energy Services

• DuPont de Nemours Inc.

• Ecologix Environmental Systems LLC

• EVOQUA WATER TECHNOLOGIES CORP.

• Filtra Systems Co

• Fluence Corp. Ltd.

• Halliburton Co.

• Industrie De Nora Spa

• LiqTech International Inc.

• OriginClear Inc.

• For details on vendors and their offerings – Buy the report!

Fracking water treatment market – Geographical analysis

North America will provide maximum growth opportunities in the fracking water treatment market during the forecast period. According to our research report, the region will account for 85% of the global market growth.

Companies use recycled water in their operations due to the high rate of adoption of the hydraulic fracturing process. The amount of water required in hydraulic fracturing is higher than the quantity of water available. Therefore, there is a rise in demand for the installation of water treatment facilities in drilling areas where the hydraulic fracturing process is used. In addition, the hydraulic fracturing process involves the use of several harmful chemicals such as arsenic, lead, and mercury. These factors increase the need for water treatment facilities, which is propelling the growth of the market in the region.

Story continues

Know more about this market’s geographical distribution along with a detailed analysis
of the top regions: https://www.technavio.com/report/fracking-water-treatment-market-
industry-analysis?v1

Fracking water treatment market – Key segment analysis

The treatment and recycle segment will grow at a significant rate during the forecast period. The growth of this segment is driven by factors such as the increasing demand for water supply across the world. Adverse environmental conditions such as droughts have also increased the demand for water treatment. Such factors will drive the segment’s growth during the forecast period.

Download a sample to obtain additional highlights and key points on various market
segments and their impact in the coming years.

Fracking water treatment market – Key market drivers & challenges

The increasing consumption of natural gas is driving the market growth. The use of natural gas in fertilizer plants, power generation units, and the petrochemical, transportation, residential, and commercial sectors has increased significantly in major natural gas-producing countries such as China and the US. The demand for natural gas as a transportation fuel is also increasing, especially in developing countries such as India. This will increase the demand for more offshore and onshore oil and gas projects. These factors will lead to a high demand for hydraulic fracturing as well as fracking water treatment equipment to access unconventional gas reserves, such as shale gas, which will drive the growth of the market during the forecast period.

Uncertainty in crude oil prices is challenging the market growth. Price volatility compels oil and gas companies to cancel or delay planned investments. A continuous fall in crude oil prices can triggering a massive withdrawal of investments, which reduces the profitability of upstream oil and gas companies. Uncertainties in global crude oil prices adversely affect E&P activities, which negatively impacts the demand for fracking water treatment equipment required for hydraulic fracturing processes. Such factors will impede the growth of the market during the forecast period.

Download a sample for highlights on market drivers & challenges affecting the fracking
water treatment market.

What are the key data covered in this fracking water treatment market report?

• CAGR of the market during the forecast period

• Detailed information on factors that will drive the growth of the fracking water treatment market between 2023 and 2027

• Precise estimation of the size of the fracking water treatment market and its contribution to the parent market

• Accurate predictions about upcoming trends and changes in consumer behavior

• Growth of the market across North America, Europe, APAC, Middle East and Africa, and South America

• Thorough analysis of the market’s competitive landscape and detailed information about vendors

• Comprehensive analysis of factors that will challenge the growth of fracking water treatment market vendors

Register for a free trial today and gain instant access to 17,000+ market research
reports. 
Technavio’s SUBSCRIPTION platform

Related Reports:

The produced water treatment market is estimated to grow at a CAGR of 7.93% between 2022 and 2027. The size of the market is forecasted to increase by USD 3,200.76 million. This report extensively covers market segmentation by application (onshore and offshore), technology (secondary treatment, primary treatment, and tertiary treatment), and geography (North America, Europe, Middle East and Africa, South America, and APAC).

The industrial water treatment equipment market size is expected to increase by USD 8.48 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.47%. This report extensively covers industrial water treatment equipment market segmentations by end-user (energy and power, manufacturing, and others) and geography (APAC, Europe, North America, Middle East and Africa, and South America).

Browse for Technavio’s utilities market reports

Table of contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us:

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact 
Technavio Research 
Jesse Maida 
Media & Marketing Executive 
US: +1 844 364 1100 
UK: +44 203 893 3200 
Email: media@technavio.com 
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/fracking-water-treatment-market-size-to-increase-by-usd-1-208-4-million-market-research-insights-highlight-the-increasing-consumption-of-natural-gas-as-a-key-driver—technavio-301728002.html

SOURCE Technavio