Saudi Arabia Produced Water Treatment Market by Application (Onshore, Offshore), By Services (Primary Separation, Secondary Separation, Tertiary Separation), By End User Industry (Oil & Gas, Industrial, Power Generation and Others), By Region
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Water and Waste Management | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationSaudi Arabia Produced Water Treatment Market by Application (Onshore, Offshore), By Services (Primary Separation, Secondary Separation, Tertiary Separation), By End User Industry (Oil & Gas, Industrial, Power Generation and Others), By Region
The Saudi Arabia Produced Water Treatment Market
Increasing oil and gas drilling activities in the kingdom drive market growth. The increased development of onshore oil and gas drilling leads to the adoption of enhanced water treatment systems, which drives the market growth.
Oil Consumption has Increased Along With The Development of Industrialization
The ever-expanding oil and gas firms have contributed to the growth in global oil demand, which spurred the market's expansion as more produce water was produced during the process of oil extraction. Establishing stable, sustainable, and cost-effective produced water treatment solutions is critical for successful operations and durability. Regulatory developments and freshwater constraint demand the sector to treat and utilise this produced water. Saudi Arabia has developed as one of the world's most important geographical locations for oil and gas production. The county is rich in oil and gas deposits. The penetration of modern drilling technologies such as hydraulic fracturing has progressively increased the country's production capability. The government is a significant exporter of oil and gas products. Saudi Arabia exports around 59% of its total oil output and has proven reserves equal to 221.2 times yearly consumption. However, due to an increase in oil and gas drilling activities, Saudi Arabia is creating a significant volume of produced water, fuelling growth in the produced water treatment market.
Rising Environment Concerns
Produced water, a by-product of the coal seam gas industry frequently has chemical components because of elements such as scale and precipitated silica. It is crucial to treat this water properly, efficiently, and consistently given the remote locations, extreme weather, environmental laws, and health and safety issues. Growing ecological issues about generating water discharge have pushed the government and other regulatory entities to create new policies and regulations. Further restrictions are being adopted to prevent the dumping of produced water that has not been treated and contains various dangerous particles. This has a positive impact on the expansion of produced water treatment market. Saudi Arabia Produced Water Treatment
Saudi Arabia Produced Water Treatment Market Challenges
In Saudi Arabia, the produced water (PW) treatment market has challenges such as the high cost of intensive technology, a lack of awareness about produced water management, and public acceptance of treatment methods. Increased oil production, aged oilfields, severe effluent discharge rules, and water conservation efforts, on the other hand, is expected to drive market. With the rising number of PW being generated in Saudi Arabia, firms who provide services and equipment that are cost-effective, creative, and trustworthy will lead the market. Shortly, produced water will focus on recycling, reusing, and reinjection as treated created water.
Market Segments
Market Players
Major market players of
Recent Developments
In November 2022, SWPC chose a consortium led by Engie (40%) and includes its Saudi partners Nesma (30%) and Mowah (30%) as the winner of the Yanbu water project after receiving a competitive offer with a price of SR1.7446 halalas per cubic metre of produced water.
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Attribute |
Details |
|
Base Year |
2022 |
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Historic Data |
2018 –
2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
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Report coverage |
Revenue
forecast, company share, growth factors, and trends |
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Segments covered |
Application Services End User Industry |
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Regional scope |
Western
Region, Northern & Central Region, Eastern Region, Southern Region |
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Key companies profiled |
Alkawther Industries Ltd, Ion Exchange and Company LLC, Veolia
Water Technologies, Saudi Water Technology Company, AES Arabia Ltd, SUEZ
Group, MARAFIQ (The Power and Utility company for Jubail & Yanbu), Alkhorayef
for Water and Power Technologies Company, Miahona Company (Saudi Arabia), Water
and Environment Technologies Company Ltd (WETICO), The International Water
Distribution Company TAWZEA |
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Customization scope |
10% free
report customization with purchase. Addition or alteration to country, regional
& segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research
needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request) |
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