Drilling Waste Management Market – Forecast to Reach $6.2 Billion by 2023 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Drilling
Waste Management – Global Market Outlook (2017-2023)" report
has been added to Research and Markets' offering.

The Global Drilling Waste Management market is estimated at $3.89
billion in 2016 and is expected to reach $6.23 billion by 2023 growing
at a CAGR of 6.9% from 2016 to 2023.

Factors such as growing environmental concerns, increasing oil
exploration and production activities, stringent government regulations
and rising awareness regarding hazardous effects are influencing the
market growth. In addition, future improvements in shale gas exploration
along with ongoing R&D in offshore drilling are projected to provide
huge opportunities for industry participants over the forecast period.
However, intense competition in the service market and slump in crude
oil prices are some of the key factors inhibiting the market growth.

Amongst Application, onshore segment held the major share and is
anticipated to grow at a stable rate during the forecast period. Onshore
finds its major market in the North American and European region. North
America is anticipated to be the leading regional market over the next
seven years due to large number of onshore wells coupled with growing
exploration activities in Gulf region. The market for oil & gas drilling
onshore is the most matured in the region. Additionally, there is an
increase in the usage of hydraulic fracturing and horizontal drilling
techniques in shale gas exploration in America.

Services Covered:

• Treatment & Disposal
• Solids Control
• Recycling and Recovery
• Disposal
• Containment & Handling

Applications Covered:

• Offshore
• Onshore

Companies Mentioned

• Weatherford International Ltd.
• Xi'an Kosun Machinery Co., Ltd.
• TWMA Ltd.
• Tervita Corporation
• Step Oiltools
• Specialty Drilling Fluids Ltd.
• Soli-Bond, Inc.
• Soiltech as
• Secure Energy Services, Inc.
• Scomi Group BHD
• Schlumberger Ltd.
• Ridgeline Canada, Inc.
• Nuverra Environmental Solutions
• Newalta
• National Oilwell Varco, Inc.
• Imdex Limited
• Hebei Gn Solids Control Co. Ltd.
• Halliburton Co.
• Derrick Equipment Company
• Baker Hughes, Inc.
• Augean PLC.

Key Topics Covered:

1. Executive Summary

2. Preface

3. Market Trend Analysis

4. Porters Five Force Analysis

5. Global Drilling Waste Management Market, By Service

6. Global Drilling Waste Management Market, By Application

7. Global Drilling Waste Management Market, By Geography

8. Key Developments

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/j2vrhm/drilling_waste

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Related
Topics: Waste
Management