Global Water Treatment Equipment Market for the Downstream Oil and Gas Industry 2018-2022
SKU ID :TNV-13717308 | Published Date: 19-Dec-2018 | No. of pages: 106Description
About this market
A large part of the global population resides in urban areas, and economic conditions in developed and developing countries have increased urbanization. Increased urbanization has increased the demand for energy and led to the emergence of new industries across the globe. The downstream oil and gas industry requires large amounts of water and uses recycled water obtained from water treatment equipment. The downstream oil and gas industry involves operations that can contaminate water resources. Increased wastewater generation and the ever-rising demand for water have led government agencies to promote water conservation through initiatives. Rapid urbanization is likely to drive the global water treatment equipment market for the downstream oil and gas industry during the forecast period. analysts have predicted that the water treatment equipment market for the downstream oil and gas industry will register a CAGR of about 2% by 2022.
Market Overview
Increased oil and gas consumption
The increasing in oil and gas consumption is a key factor driving the global water treatment equipment market for the downstream oil and gas industry. Urbanization and economic growth will lead to a surge in the demand for petroleum products.
High costs associated with water treatment
High capital and operational costs hamper the growth of the global water treatment equipment market for the downstream oil and gas industry. The processes require capital investment. High operational costs impact the sale of water treatment equipment in the oil and gas industry.
For the detailed list of factors that will drive and challenge the growth of the water treatment equipment market for the downstream oil and gas industry during the 2018-2022, view our report.
Competitive Landscape
The water treatment equipment market for the downstream oil and gas industry is moderately fragmented owing to the presence of several market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
A large part of the global population resides in urban areas, and economic conditions in developed and developing countries have increased urbanization. Increased urbanization has increased the demand for energy and led to the emergence of new industries across the globe. The downstream oil and gas industry requires large amounts of water and uses recycled water obtained from water treatment equipment. The downstream oil and gas industry involves operations that can contaminate water resources. Increased wastewater generation and the ever-rising demand for water have led government agencies to promote water conservation through initiatives. Rapid urbanization is likely to drive the global water treatment equipment market for the downstream oil and gas industry during the forecast period. analysts have predicted that the water treatment equipment market for the downstream oil and gas industry will register a CAGR of about 2% by 2022.
Market Overview
Increased oil and gas consumption
The increasing in oil and gas consumption is a key factor driving the global water treatment equipment market for the downstream oil and gas industry. Urbanization and economic growth will lead to a surge in the demand for petroleum products.
High costs associated with water treatment
High capital and operational costs hamper the growth of the global water treatment equipment market for the downstream oil and gas industry. The processes require capital investment. High operational costs impact the sale of water treatment equipment in the oil and gas industry.
For the detailed list of factors that will drive and challenge the growth of the water treatment equipment market for the downstream oil and gas industry during the 2018-2022, view our report.
Competitive Landscape
The water treatment equipment market for the downstream oil and gas industry is moderately fragmented owing to the presence of several market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
TOC
Tables & Figures
Companies
- PRICE
-
$2500$4000Buy Now