Drilling Waste Management Market by Service (Treatment & Disposal, Containment & Handling, & Solids Control), Application (Onshore & Offshore), & Region (North America, Europe, Asia-Pacific, South America, Middle East, & Africa)
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“Increasing environmental concerns and stricter government regulations along with new drilling technologies are expected to drive the drilling waste management market at a CAGR of 6.0%”The drilling waste management market is estimated to be USD 3.80 billion in 2015, and is expected reach a market size of USD 5.08 billion by 2020. The market is projected to grow at a CAGR of 6.0% from 2015 to 2020. Decrease in oil & gas production in shallow water basins, untapped potential for large hydrocarbon reserves in deep-water, improvement in technology, and stringent governmental regulations are major drivers for the growth of the drilling waste management market. Ongoing discoveries of deepwater hydrocarbon reserves create several opportunities for the oil & gas producers as well as service providers along with the value chain, which are also supporting the growth of the market.
“Offshore application type is expected to witness the highest growth in the drilling waste management market” The offshore market segment is the next major application after the onshore market segment in the drilling waste management market in 2015, and is expected to be the highest growing application during the forecast period. Regulations for disposal and treatment of drilling wastes are much more stringent for offshore installations compared with onshore ones. Equipment for managing drilling wastes at location is more costly, whereas stricter rules for discharge into the sea make it mandatory to transport waste to onshore facilities for processing, which further increases handling costs.
Drilling Waste Management Market by type 2017-2021 by new Service spreads across 179 pages profiling 10 companies and supported with 50 tables and 57 figures available at http://www.rnrmarketresearch.com/contacts/discount?rname=113924
Drilling Waste Management Market, By Service
Treatment & Disposal
Containment & Handling
Drilling Waste Management Market, By Application
Fundamental From Table Of Content
11 Company Profiles
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
11.2 Schlumberger Ltd.
11.3 Halliburton Co.
11.4 Baker Hughes, Inc.
11.5 Weatherford International Ltd.
11.6 National Oilwell Varco, Inc.
11.7 Scomi Group BHD
11.8 Hebei Gn Solids Control Co. Ltd.
11.10 Nuverra Environmental Solutions
11.11 Secure Energy Services, Inc.
11.12 Imdex Limited
11.13 Augean PLC.
11.14 Xi’an Kosun Machinery Co., Ltd.
11.15 Derrick Equipment Company
11.16 Ridgeline Canada, Inc.
11.17 Soiltech as
11.18 Soli-Bond, Inc.
11.19 Specialty Drilling Fluids Ltd.
11.20 Step Oiltools
11.21 Tervita Corporation
11.22 TWMA Ltd.
*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies
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