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Drilling Waste Management Market Worth $8.5 Billion by 2019


News provided by

MarketsandMarkets

15 Dec, 2014, 08:30 GMT

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DALLAS, December 15, 2014 /PRNewswire/ --

The report "Drilling Waste Management Market by Services (Solids Control Equipment, Containment & Handling and Treatment & Disposal), Applications (Onshore & Offshore) and Geography - Global Trends & Forecasts to 2019", published by MarketsandMarkets, defines and segments the market with analysis and forecast of the global revenue. Drilling Waste Management Market services market is estimated to grow from $5.3 billion in 2014 to $8.5 billion by 2019, at an approximate CAGR of 11% from 2014 to 2019.

Browse 120 market data tables and 28 figures spread through 180 pages and in-depth TOC on "Drilling Waste Management Market - Global Trends & Forecasts to 2019" 

http://www.marketsandmarkets.com/Market-Reports/drilling-waste-management-market-1242.html

Early buyers will receive 10% customization on this report. 

The constant increase in the demand for energy has put an apparent pressure on the oil & gas industry to increase the production. Consequent increase in the drilling and exploration activities has escalated the concerns over the environmental hazards. Stringent regulations have made the employment of Drilling Waste Management procedures customary. An apt example would be the European region, where zero discharge policies have already been implemented.

Furthermore, the golden triangle of Brazil, US Gulf of Mexico, and West Africa are also the key market where the offshore operators and service providers are focusing, hence creating huge prospects in this service industry. Middle East, Asia-Pacific regions are in the growth stage for waste management activity in regions where there are high upcoming prospects for this service industry.

Make an Inquiry:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1242

Consequently, the increasing understanding to decrease the environmental hazards and the sustainable development of energy resources and safe disposal of associated waste is continuously encouraging the need of Drilling Waste Management Services.

As a result, the Drilling Waste Management service providers and equipment manufacturers are continuously trying to assimilate their existing technologies, and develop new technologies extensively through research and development so as to decrease the waste disposal related high risk and associated cost. This market is dominated by a few global players and the rest of the market is highly fragmented in regional players, and hence securing contract agreements is becoming a key strategy for the drilling waste management service providers.

The Drilling Waste Management Market includes major players in this industry mainly Schlumberger (U.S.), National Oilwell Varco (U.S.), Halliburton Energy Services (U.S.), Secure Energy services (U.S.), Scomi (Malaysia), Newalta (U.S.), and Baker Hughes (U.S.).

The report forecasts revenue of the global Drilling Waste Management Services Market, which includes solids control services, as well as containment & handling and treatment & handling services, and its various submarkets with respect to main regions such as Asia-Pacific, Europe, Africa, Middle East,  North America, and South America. Drilling Waste Management activities are also analyzed on the basis of the onshore and offshore activities.

The report segments the global Drilling Waste Management Market by services type, application areas, and geography. It also focuses on market share analysis, supply chain analysis, value chain; Porters five force analysis, and market metrics such as drivers, restraints, burning issues, winning imperative and opportunities. This report also presents the competitive landscape and company profiles. In addition, 20 key players in the market have also been profiled which includes major companies providing Drilling Waste Management services and equipment manufacturing companies.

Browse related reports: 

Drilling and Completion Fluids Market by Application Areas (Onshore & Offshore), by Types (Water-Based Systems, Oil-Based Systems, Synthetic-Based Systems, Other Based Systems) & by Geography - Global Trends & Forecast to 2019

http://www.marketsandmarkets.com/Market-Reports/drilling-completion-fluids-market-1241.html

Oilfield Services Market by Type (Coiled Tubing Services, Completion Equipment & Services, Drilling & Completion Fluids, Drilling Waste Management, OCTG, Pressure Pumping Services, Well Intervention Services and Wireline services), by Geography (Asia-Pacific, Europe, Middle East, Africa, North America and South America) - Global Trends and forecasts to 2019

http://www.marketsandmarkets.com/Market-Reports/oilfield-services-market-263907746.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.


We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact: 

Mr. Rohan

North - Dominion Plaza

17304 Preston Road

Suite 800, Dallas, TX 75252

Tel: +1-888-600-6441

Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power

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