DALLAS, January 22, 2015 /PRNewswire/ --
A new research on solids control equipment market at ReportsnReports.com forecasts the worldwide solids control equipment industry with an analysis of its types and application areas. The market will reach $2.65 billion by 2019 with an increase of more than $1 billion during the period 2014 and 2019, growing at a CAGR of 10.0%.
This report estimates the solids control equipment market in terms of revenue. The market has been segmented into equipment types (Shale shakers & screen, Mud Centrifuges, Hydrocyclones, Mud cleaner, and others), applications (onshore & offshore), and regions (North America, Europe, Asia-Pacific, the Middle East & Africa, and South America). Complete report on Solid Control Equipment Market by Types (Shale Shakers, Mud Centrifuges, Desander & Desilter, Mud Cleaners, and Others), by Application Areas (Onshore & Offshore), & by Geography - Global Trends & Forecast to 2019 available at http://www.reportsnreports.com/reports/327968-solid-control-equipment-market-by-types-shale-shakers-mud-centrifuges-desander-desilter-mud-cleaners-and-others-by-application-areas-onshore-offshore-by-geography-global-trends-forecast-to-2019.html .
Solids control equipment plays a vital role in the drilling operations, as it separates the solids in the drilling fluids that are crushed by the drill bits and carried out for further process or sent for disposal. On the drilling rig, solids control equipment applies different technologies to remove unwanted solids and recover drilling mud for reuse.
North America held the largest market share in global solids control equipment market in 2013 and is expected to be the dominating region during the forecast period. Europe and Asia-Pacific stood at the second and third position, respectively in the global solids control equipment market. The equipment market is led by players such as Aker Solutions, Baker Hughes Inc, Clean Harbors Inc, Derrick Equipment Company, GN Solid Control, Halliburton, Imdex Ltd, Kemtron Technologies Inc, Kosun Machinery Co. Ltd, National Oilwell Varco Inc, Schlumberger, Scomi Group BHD, Secure Energy Services Inc and Weatherford International. Order a copy of this report at http://www.reportsnreports.com/purchase.aspx?name=327968 .
The report also touches upon various important aspects of the market. These include analysis of the value chain, supply chain, drivers, restraints, opportunities, challenges, Porter's Five Forces model, and the competitive landscape. In addition to this, 14 key players of this market have also been profiled.
Various secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive commercial study of global solids control equipment market. The primary sources - experts from industry and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the solids control equipment market.
The technologies that are taking hydrocarbon recovery into new frontiers are moving through the industry. When it comes to solids control equipment, effects are being felt from faster, more efficient rigs, intense, improved fluid designs; and dual-gradient drilling. Companies are pushing development of higher-capacity shakers, bigger centrifuges, better screen designs and streamlined processes.
Also, in order to expand the business in the regions of South America, Africa, and Gulf of Mexico, companies have adopted contracts and agreements as the key strategy to gain traction in solids control equipment market.
Priced at $4650 for a single user PDF, a discount on this research report can be requested at www.reportsnreports.com/contacts/Discount.aspx?name=327968 .
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