Report Code: A15601 | Pages: NA | ||
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The hydraulic fracking technique for extracting hydrocarbons for fuel and other purposes requires a considerable amount of ground and surface water resources. Dissolved solids (salts), hazardous metals, radionuclides, chemical additives, and hydrocarbons are all present in large quantities in the water withdrawn in the process. The treatment of wastewater produced by hydraulic fracking is referred to as fracking water treatment. Fracking water treatment is used in many applications such as treatment and recycle and deep well injection.
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Top Impacting Factors
The natural gas market is expected to develop over the forecast period, boosting the growth of the fracking water treatment industry in the future years. Shale gas in the United States will also be a growth driver for the market.
The demand for water waste recycling techniques and equipment has increased as a result of the increased demand for water. The market will grow as consumers become more aware of the benefits of wastewater treatment and reuse for secondary applications. Â As treated water is employed as a potential supply for fracking, the demand for fracking water treatment will rise. Increased drilling activity throughout the world will fuel the growth of the fracking water treatment market over the forecast period. Increased regulatory involvement to minimize wastewater volume has also influenced large enterprises to invest in waste water treatment, since this will provide further growth prospects for the fracking water treatment market throughout the forecast period. Concerns about the environment and the high cost of fracking treatment act as a barrier to expansion in the fracturing water treatment market throughout the predicted period.
Market Trends
Key Benefits of the Report
Fracking Water Treatment Market Report Highlights
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Key Market Players | Agua Dulce Technologies, LLC, Filtra Systems, DuPont de Nemours, Inc., Oasys Water, Industrie De Nora S.p.A., Aquatech International LLC, Halliburton Co., Ecologix Environmental Systems, LLC, Schlumberger Limited, Veolia Water Technologies |
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