123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

What Exactly Growth Will Be Achieved By Drilling Waste Management Market In Next 4 Years

By Author: Akshay
Total Articles: 138

The report "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) - Global Forecast to 2020", The drilling waste management market is estimated to grow at a CAGR of 6.0% from 2015 to 2020, and is expected to reach USD 5.08 Billion by 2020. The market is driven by rising demand for oil & gas, which is met by increasing investments in emerging economies with proven oil & gas reserves, preferably in deepwater & ultra-deepwater locations.
The drilling waste management market, in terms of developments was dominated by Kosun (China), TWMA (U.K.), Ridgeline Energy Services (Canada), and Soli-Bond, Inc. (U.S.).
Get Sample Copy of This Report @ https://www.marketsandmarkets.com/requestsample.asp?id=1242
The market has been segmented into:
On the following basis:
• By Application:
o Onshore
o Offshore
• By Service:
o Solid Control
o Containment & Handling
o Treatment & disposal
• By Region:
o North America
o South America
o Europe
o Asia-Pacific
o The Middle East
o Africa
Browse 79 market data Tables and 55 Figures spread through 202 Pages and in-depth TOC on "Drilling Waste Management Market - Global Forecast to 2020"
Download PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownload.asp?id=1242
In the drilling waste management market by application, onshore occupies the lions share and offshore is expected to grow at the highest pace.
The drilling waste management market is subsegmented by application into onshore and offshore. The onshore application segment occupies the major share of the market and the offshore application segment is estimated to see high growth rate during the forecast period. The onshore application segment of drilling waste management is led by North America, particularly the U.S., which has witnessed historic levels of domestic crude oil production owing to the widespread use of technologies such as horizontal drilling and hydraulic fracturing that enabled the “shale revolution.”
Treatment & disposal services are estimated to drive the drilling waste management market with the highest growth rate.
On the basis of services, the following are the subsegments, namely, treatment & disposal, solids control, and containment & handling. Out of the mentioned, treatment & disposal occupies the major share, which is due to the onsite burial (pits and landfills), land-farming, land-spreading, bioremediation, thermal treatment, and slurry injection techniques. The market for treatment & disposal service would be particularly driven by North America and Europe, due to growing stringent regulations, such as zero-discharge standards, which mandate treatment and reuse of all waste without being discharged to the environment, specifically into the sea.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=1242
North America is estimated to be the global leader in the drilling waste management market by value for the next 5 years.
The North American region has been categorized on the basis of countries into the U.S., Canada, and Mexico. The region accounts for more than half of the market. The market has been hit the hardest due to the meltdown in global crude oil prices, with the U.S. drilling rig count declining nearly 60%, from January 2015 to January 2016. The primary reason for this is the higher break-even costs in shale drilling and production, forcing producers to idle more rigs in face of lower prices compared with drillers in other regions with lower production costs, such as the Middle East.
This study estimates the global market of drilling waste management, in terms of USD, till 2020. It also offers a detailed qualitative and quantitative analysis of this market. This report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market. The report also covers various important aspects of the market such as value chain, Porter’s Five Forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the drilling waste management market.
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Total Views: 19Word Count: 701See All articles From Author

Business Articles

1. Factors To Consider When Shopping For Cooler Bags
Author: Rory Jayasinhe

2. Ball
Author: Elance

3. Tips Regarding Women Start-ups
Author: Tanya Sharma

4. Great Flower Ideas For Weddings
Author: Larry Montesano

5. Laminate Floor Store Long Island
Author: Barry’s My Carpet Inc. is a family owned and opera

6. Carpet Styles 2019
Author: Barry’s My Carpet Inc. is a family owned and opera

7. What Is Seo - For Beginners
Author: Digital Marketing

8. Guide To Carpets
Author: Barry’s My Carpet Inc. is a family owned and opera

9. What’s Waterproof, Pet Proof, & Spill Proof Carpet
Author: Barry’s My Carpet Inc. is a family owned and opera

10. How To Quickly And Easily Remove A Background In Photoshop
Author: Winston

11. Here's How You Can Prepare Your House For Rubbish Removal!
Author: Solo IT

12. Best Anti-glare Computer Glasses
Author: Halina Tseng

13. Super Elite Decorative Items For Stunning Home Transformation
Author: Bellagio

14. Top Advantages Of Cctv Pipe Inspections In The Gold Coast
Author: Aussie Hydrovac

15. Top Blockchain Development Company In Uk
Author: Smit Johsen

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: