9:09 AM Drilling Waste Management Market Size to experience an impressive growth of 6.1% |
Drilling Waste Management Market is likely to witness an impressive CAGR of 6.1% during the forecast period. The major factors driving the drilling waste management market are technological developments enhancing the drilling and production capability, which is helping in exploration and production activities in the deep-water and ultra-deep-water areas across the globe.
Click here to get a Free Sample of the report (with additional insights): https://www.stratviewresearch.com/Request-Sample/672/drilling-waste-management-market.html Or https://www.stratviewresearch.com/672/drilling-waste-management-market.html
By Service Type: Based on the service type, the drilling waste management market is segmented as treatment & disposal, containment & handling, and solids control. The treatment & disposal segment dominates the market owing to onsite burials (pits and landfills), land-farming, land-spreading, bioremediation, thermal treatment, and slurry injection techniques. The segment is estimated to lead the market during the forecast period due to increasing 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. By Application Type: Based on the application type, the market is segmented as onshore and offshore. The onshore segment holds a major share of the market, whereas the offshore application segment is estimated to show a higher growth during the forecast period. The onshore application is led by North America, particularly the U.S., which has witnessed the historic levels of domestic crude oil production, owing to the widespread use of technologies, such as horizontal drilling and hydraulic fracturing that led to the “shale revolution.” Onshore applications have wider range of management, which includes land, underground injection, thermal treatment, and biological remediation in comparison to the offshore application segment. By Region: In terms of regions, North America is estimated to lead the drilling waste management market during the forecast period. The region holds over 50% of the share of the market. The market has been hit the hardest as crude oil prices suddenly plummeted. North America and the Middle East portray an increase in energy demand which boosts oil & gas production. All these factors are contributing to the growth of the market during the forecast period. Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/672/drilling-waste-management-market.html Features of the Report This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. Based on the research, a proper report is crafted with the following key features:
Click here for other high value market reports from Stratview Research in the Oil and Gas Industry: https://www.stratviewresearch.com/market-reports/Oil-Gas.html About Stratview Research Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies. Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. For enquiries, |
|
|
| Total comments: 0 | |