Waste Management Market in Drilling by Services, Applications and Geography - Global Trends & Forecasts to 2018
Waste Management Market in Drilling by Services, Applications and Geography - Global Trends & Forecasts to 2018
Published on 04th APR. 2014
The report analyzes and classifies the drilling waste management market by applications, services, and regions. Market split by application includes onshore and offshore activities within major geographical regions; while the services market has been broken down under solids control services, containment & handling services, and treatment & disposal services. The entire market is also split by geography, including North America, South America, Asia-Pacific, and the Middle East & Africa.
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Waste management in drilling operations is a critical constituent for successful drilling operations as it generates a substantial amount of wastes that include fluids and excavated cuttings. The safe techniques in drilling waste management market are selected based on the objectives of maximizing fluid recovery and recycle waste fluids for operations, while reducing the actual disposal volumes.
In response to the increasing stringent government regulations, the service providers continue to develop purpose-built services intended to handle and treat the waste streams generated by drilling operations. The trend is set to continue further with the current surge in offshore activities and unconventional resources exploratory activities. The global drilling waste management market is therefore expected to grow to approximately $8 billion by 2018, at a CAGR of more than 10% from 2013 to 2018.
North America and Europe are the major markets that grew rapidly in the past decade, while upcoming markets like South America, the Middle East, and Asia-Pacific markets are witnessing stricter regulatory norms for drilling activities and are likely to be hot spots for the industry. The
Published on 04th APR. 2014
The report analyzes and classifies the drilling waste management market by applications, services, and regions. Market split by application includes onshore and offshore activities within major geographical regions; while the services market has been broken down under solids control services, containment & handling services, and treatment & disposal services. The entire market is also split by geography, including North America, South America, Asia-Pacific, and the Middle East & Africa.
Buy this report OR Know more : http://www.jsbmarketresearch.com/energy-utilities/r-Waste-Management-Market-in-Drilling-by-Services-Applications-and-Geography-95149
Waste management in drilling operations is a critical constituent for successful drilling operations as it generates a substantial amount of wastes that include fluids and excavated cuttings. The safe techniques in drilling waste management market are selected based on the objectives of maximizing fluid recovery and recycle waste fluids for operations, while reducing the actual disposal volumes.
In response to the increasing stringent government regulations, the service providers continue to develop purpose-built services intended to handle and treat the waste streams generated by drilling operations. The trend is set to continue further with the current surge in offshore activities and unconventional resources exploratory activities. The global drilling waste management market is therefore expected to grow to approximately $8 billion by 2018, at a CAGR of more than 10% from 2013 to 2018.
North America and Europe are the major markets that grew rapidly in the past decade, while upcoming markets like South America, the Middle East, and Asia-Pacific markets are witnessing stricter regulatory norms for drilling activities and are likely to be hot spots for the industry. The