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Produced Water Treatment Market Size, Industry Trends, Leading Players, Market Share and Forecast 2020-2027 – Business


The
global produced water treatment market is projected to grow at a CAGR of over 5% market during the forecast period 2020-2027. Growing demand for energy is fueling the demand for various energy sources such as fossil fuels, nuclear, hydro, renewable, and other energy sources. Fossil fuels cater to a large segment of the global energy requirement across various applications including transportation, electricity generation, and others.
Furthermore, growing environmental concerns is urging governments to bring in stringent regulations for the treatment of water produced from reservoirs. The amount of produced water generated from mature reserves is relatively higher as compared to new reserves. A growing number of matured reserves is another factor fueling the demand for the produced water treatment as a large amount of produced water is generated from matured a reserve which in turn is driving the need for produced water treatment. ....

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