North American market for fracking water treatment to reach $350 million by 2018

The majority of North American onshore oil and gas is produced through hydraulic fracture stimulation or, simply, fracking. According to the Energy Information Administration, hydraulic fracturing opportunities for oil and gas recovery are expected to expand at a significant rate in the near-future and longer-term. Increasing supplies of tight gas, shale gas, and coalbed methane; fresh-water shortages; and environmental concerns will shape steady growth in this market for the foreseeable future.

BCC Research provides an in-depth analysis of the global market for wastewater treatment equipment for hydraulically fractured oil and gas wells through its report, Fracking Water Treatment: The North American Market. According to the report, this market was valued at $216 million in 2013. BCC Research projects the market to grow to $350 million by 2018, and register a five-year compound annual growth rate of 10.1% from 2013 to 2018.

RSS Feeds – Membrane and separation technology

Use this report to:

• Gain an overview of the markets for hydraulic fracturing water treatment and related technologies, with a look specifically at North America.
• Analyze market trends, with data from 2011 and 2013, and projections of CAGRs through 2018.
• Discuss important factors driving as well as inhibiting market growth.
• Review comprehensive profiles of major players in the industry.

SAMPLE FIGURE

NORTH AMERICAN MARKET SIZE AND GROWTH FOR WASTEWATER TREATMENT EQUIPMENT FOR HYDRAULICALLY FRACTURED OIL AND GAS WELLS, BY APPLICATION, 2007–2018

($ MILLIONS)

 

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