Produced Water Treatment Market Size Growing with Healthy CAGR by 2029

According to a research report "Produced Water Treatment Market Size - Global Forecast to 2029", size is forecast to reach USD 13.4 billion by 2029 from an estimated USD 10.7 billion in 2024, at a CAGR of 4.7% during the forecast period (2024-2029).

Produced water, which is a byproduct of oil and gas exploration process, requires active treatment to meet environmental regulations and helps in reuse or safe disposal. This produced water is a mixture of injected water, Natural formation water, and any other chemicals used in the exploration and drilling process.
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Key Market Players

SLB (US),

Baker Hughes Company (US),

Siemens Energy (Germany),

Veolia Environnement SA (France),

TechnipFMC (UK) among others...

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“Asia Pacific”: The fastest growing region

Asia Pacific is the fastest growing region in the produced water treatment market size owing to the region experiencing significant population growth and economic development, leading to a corresponding increase in energy demand. The region has vast untapped offshore reserves, particularly in Southeast Asia. Even though Asia Pacific Oil & gas production witnessed a decline during the pandemic years, it is expected to bounce back during the forecast period owing to growing investment in new projects and expansion of shale gas exploration. These are some of the factors that are augmenting the market growth in the region.

​This research report categorizes the Produced water treatment market size by Source, Application, Treatment, and region.​

On the basis of source:

• Conventional
• Unconventional​

On the basis of application:

1. Onshore
2. Offshore

On the basis of treatment:

• Primary treatment
• Secondary treatment
• Tertiary treatment

On the basis of region:

• Asia Pacific
• Europe
• North America
• Middle East & Africa
• South America​

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By Source

Based on source, the market size has been split into Conventional and Unconventional. The Conventional segment in the produced water treatment market is anticipated to be the largest because it is experiencing rapid growth due to the increasing exploration and production activities. The conventional segment for produced water treatment is growing due to the increase in established oil and gas fields that require constant maintenance to remain effective.

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By Application

Based on Application, the market size has been split into Onshore and Offshore. The Onshore segment in the produced water treatment market is anticipated to be the largest because the onshore drilling operations are generally less expensive compared to offshore projects. The onshore segment experienced considerable growth due to the cost advantages, technological advancements, better infrastructure, and increased exploration and production activities.

​By treatment type

This report segments the produced water treatment market size based on various treatment methods: Primary treatment, secondary treatment, and tertiary treatment. Tertiary treatment is expected to be the fastest growing segment during the forecast period due to the usage of advanced methods such as reverse osmosis and advanced oxidation. These processes provide high levels of impurities removal to make the treated water suitable for reuse as portable water as well as in industrial applications.

Progressing Cavity Pump Market Size Growth to Surge Owing to Increasing Adoption by End-use Applications

According to a research report "Progressing Cavity Pump Market Size by Power Rating (Up To 50 Hp, 51–150 Hp, Above 150 Hp), Pumping Capacity, End-User (Oil & Gas, Water & Wastewater Treatment, Food & Beverage, Food Waste, Biogas, Battery Recycling) and Region - Global Forecast to 2029", the Progressing cavity pump market is anticipated to witness a significant expansion, with the market size projected to reach approximately USD 3.6 billion by 2029, showcasing a Compound Annual Growth Rate (CAGR) of 5.0% from the estimated value of USD 2.8 billion in 2024.  The global market for progressing cavity pumps is indeed witnessing substantial growth, propelled by a multitude of factors that extend its influence across the world. Foremost among these drivers is the ongoing industrialization and urban expansion in emerging economies, which create a burgeoning demand for efficient fluid handling solutions across various sectors. This demand is particularly pronounced in industries such as oil and gas, water and wastewater treatment, food and beverage, chemicals, and mining, where progressing cavity pumps find extensive application due to their versatility and reliability. Additionally, the tightening of environmental regulations and increased emphasis on workplace safety are compelling industries worldwide to invest in advanced pumping technologies like progressing cavity pumps. These pumps not only offer superior performance but also boast environmental sustainability features, aligning with the global trend towards greener and more efficient industrial practices.

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Water & Wastewater Treatment, by end-user industry, to occupy majority of progressing cavity pump market share.

The water and wastewater treatment industry is poised to dominate the majority share of the progressing cavity pump market due to several key reasons. Firstly, with the global focus on environmental sustainability and the need for clean water sources, there is a growing demand for efficient fluid handling solutions in water and wastewater treatment facilities worldwide. Progressing cavity pumps are particularly well-suited for this industry due to their ability to handle a wide range of fluids, including viscous and abrasive materials, making them indispensable in various treatment processes such as sludge handling, chemical dosing, and filtration. Moreover, as population growth and urbanization lead to increased pressure on water resources and wastewater management systems, there is a heightened emphasis on upgrading and expanding existing treatment infrastructure. Progressing cavity pumps play a crucial role in these endeavors, offering reliable and efficient pumping solutions that help ensure the smooth operation of water treatment plants, sewage treatment facilities, and other related installations.

By Power rating, up to 50 HP segment is expected to be the largest market.

The up to 50 HP segment is anticipated to emerge as the largest market segment in the progressing cavity pump industry due to its versatility and applicability across a wide range of industries and applications. This power rating range caters to the needs of small to medium-sized operations, which constitute a significant portion of the market demand. Additionally, industries such as food and beverage, agriculture, and small-scale manufacturing often require lower horsepower pumps for their operations, driving the demand for progressing cavity pumps in this power range. Moreover, the compact size, lower initial cost, and relatively simpler maintenance requirements of pumps in the up to 50 HP segment make them highly attractive to a diverse range of end-users, further contributing to their market dominance.

Asia Pacific to emerge as the largest progressing cavity pump market.

The Asia Pacific region is poised to emerge as the largest progressing cavity pump market due to several key factors driving its rapid expansion. One primary driver is the region's robust industrial growth, fueled by burgeoning economies such as China, India, and Southeast Asian countries. As industrialization continues to accelerate in these nations, there is a heightened demand for efficient fluid handling solutions across a wide array of sectors including oil and gas, water and wastewater treatment, food and beverage, chemicals, and mining. Moreover, ongoing infrastructure development projects and urbanization further bolster the need for reliable pumping equipment, thereby stimulating market growth. Additionally, stringent environmental regulations and a growing emphasis on workplace safety propel industries to invest in advanced pumping technologies like progressing cavity pumps, which offer superior performance, reliability, and environmental sustainability. Furthermore, the presence of leading pump manufacturers and suppliers in the region, supported by robust research and development capabilities, ensures a steady supply of innovative and high-quality pumping solutions tailored to meet the diverse needs of Asia Pacific markets. With these factors combined, the Asia Pacific region is well-positioned to dominate the global progressing cavity pump market, showcasing significant growth potential in the coming years.

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Key Market Players
Key players in the global progressing cavity pump market include NETZSCH (Germany), SEEPEX (Germany), NOV (US), CIRCOR International (US), Schlumberger (US), and PCM (France).

Global Circuit Monitoring Market Size to experience strong headwind in 2028

According to a latest research, the global circuit monitoring market size is projected to reach USD 829 million by 2028 from an estimated USD 659 million in 2023, at a CAGR of 4.7% during the forecast period. Increasing number of data centers, and rising concern overpower stability for uninterrupted business operation is driving the market for Circuit Monitoring Market.

Key Market Players

The major players in the circuit monitoring market size are ABB (Switzerland), Schneider Electric (France), Eaton (Ireland), Toshiba International Corporation (Japan), and Legrand (Ireland).

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Strong growth from enterprise shift towards cloud applications, and huge investments, along with enforcement of stringent standards, to reduce carbon footprint in data centers . For instance, regulatory bodies and governments, such as the International Organization for Standardization, and American National Standards Institute, are imposing sustainability standards on newly built data center. These are the few major factors driving the circuit monitoring market growth.

This report segments the circuit monitoring industry based on type into two types: Modular circuit monitoring, and others. The others segment is expected to be the second fastest growing market during the forecast period. The others segment include branch circuit monitoring, and multi circuit monitoring. Both multi-circuit monitors and branch circuit monitors are compact and, hence, use lesser space as compared to traditional single-circuit energy meters. These are used by industries, data centers, and commercial and residential end users.

This report segments the market for  circuit monitoring based on end users into four segments: data centers, commercial, industrial, and residential. The data center segment is expected to be the fastest growing segment during the forecast period. The data centers segment is driven by the heightened adoption of circuit monitoring in data centers for remote monitoring and the determination of power usage effectiveness.

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Europe is expected to be the second largest circuit monitoring market during the forecast period. Commercial data center market is expanding at an unprecedented speed across Europe. The UK set Euro 400 million fast-track for government data centers for government offices and commercial sectors, also countries in this region are focusing on developing cloud technology and infrastructure. For instance, Emerson (US) rapidly deployed one of the t-systems' largest modular data centers in Europe to maximize the availability, capacity, and efficiency of critical infrastructure. These factors are expected to fuel the growth of the circuit monitoring market in the region.

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