Rising urbanization and increased need for water sources to drive Saudi Arabia produced water treatment market through 2028
According to TechSci Research report, 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 the Saudi Arabia produced water treatment Market is expected to register robust growth during the forecast period, 2024-2028. The increasing relevance of water management in the oil and gas industry because of severe environmental rules aimed at minimizing effluent is projected to benefit the market. Furthermore, rising investment in the development of nanomaterials for the formulation of membranes for the oil-water-gas-separation process is expected to encourage the use of produced water systems as a tool for enhancing productivity.
The increased generation of produced water from the oil and gas industry and other industries has increased the demand for systems for treating it and promoting its reuse. Implementing government rules governing discharge limits raises demand for these systems in various end-use sectors. Notably, membrane bioreactors have grown in popularity due to the several benefits they provide to clients, including disinfecting capability and a small footprint. As a result, it is expected that the Saudi Arabia produced water treatment Market will resume its previous trend after 2022.
Over the next eight years, this program is expected to promote the use of produced water treatment services. However, due to the lack of laws on water management systems in important petroleum destinations such as Saudi Arabia, the lack of adoption of water treatment technology is projected to remain a challenge for the next eight years.
Saudi Arabia’s rising population necessitates increased water consumption. The state’s freshwater consumption has skyrocketed, leading the entire state to investigate alternatives. The country has one of the world’s fastest population growth rates. Furthermore, the average daily per capita water use is about 24%. All agricultural, industrial, commercial, and residential sectors require water. It has resulted in a 30% increase in overall water use in recent years. The country’s present water storage capacity is insufficient to meet rising demand. To meet the country’s requirements, wastewater must be treated on a vast scale. As a result, as the capacity and quantity of wastewater treatment systems has expanded, it has helped to resolve this issue to some extent.
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The market is segmented into on t application, Services, End-User Industry. and End users. Based on applications, the Saudi Arabia produced water treatment Market is further bifurcated into onshore and offshore. Based on services, the Saudi Arabia produced water treatment Market is segmented into primary separation, secondary separation, tertiary separation.
Based on end-user industry, the Saudi Arabia produced water treatment Market is segmented into oil & gas, industrial, power generation and others.
On the basis of application, an onshore application of globally produced water treatment is the clearing or discharge of produced water from oil and conventional gas wells. Some CBM water is pure enough to remove without further treatment. Other produced water is boiled over rocks before being dumped into a stream to aerate it and allow the iron to precipitate. When a more comprehensive treatment is required, operators have used reverse osmosis.
Based on end-user Industry, the market is segmented into oil & gas, industrial, power generation and others
Oil & Gas had the most significant revenue share in 2022, and it is expected to maintain its prominence in the years to come.
Key market players in the Saudi Arabia produced water treatment Market include:
- Alkawther Industries Ltd
- Ion Exchange and Company LLC
- Veolia Water Technologies
- Saudi Water Technology Company
- AES Arabia Ltd
- MARAFIQ (The Power and Utility company for Jubail & Yanbu)
- Alkhorayef Water and Power Technologies Company
- Miahona Company (Saudi Arabia)
- Water and Environment Technologies Company Ltd (WETICO)
- The International Water Distribution Company TAWZEA
- SUEZ Group
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“The tertiary-produced water treatment systems segment is expected to dominate the worldwide produced water treatment systems market in terms of value. This is primarily due to the rising technological improvements over the years that have allowed for the elimination of more than 95% of impurities from produced water. Water consumption in Saudi Arabia is increasing due to urbanization and population expansion. Water scarcity can be alleviated by establishing a sustainable water cycle and wastewater can become a substantial water source to fulfill rising demand. Furthermore, industrial waste must be disposed of properly to minimize its harmful effects on the environment’s water, land, air, and agricultural products. The best wastewater treatment facilities in Saudi Arabia may have a positive impact on both water conservation and water loss, thereby driving the Saudi Arabia produced water treatment market during the forecast period 2024-2028,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
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 has evaluated the future growth potential of Saudi Arabia produced water treatment Market and provides statistics & information on market size, structure, and future market growth. The report’s goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, challenges, and opportunities in the Saudi Arabia produced water treatment Market.
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