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Drilling Waste Management Market- Insights, Size, Share, Opportunity Analysis

The global drilling waste management market size was valued at US$ 3.91 billion in 2016 and is expected to witness a CAGR of 6.30%, during the forecast period.

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Drilling Waste Management Market- Insights, Size, Share, Opportunity Analysis

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  1. Drilling Waste Management Market- Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2017-2025 © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Drilling Waste Management Market Overview Drilling waste management is a constituent of successful operation activities related to E&P operations, which is essential for effective drilling and production operation and for environmental protection. The waste streams from drilling includes drilling fluids, cuttings, and interfacial mixtures. Large E&P (Exploration & Production) activities, growing environmental concerns, and stringent government regulations are some of the factors which is expected to fuel growth of the drilling waste management market during the forecast period. The discovery of deep-water hydrocarbon reserves created several opportunities for the oil and gas manufacturers, supporting the growth of market. However, slump in crude oil prices hamper the market growth. Drilling waste management is classified on the basis of service type such as solid control, treatment & disposal, containment & handling, and others. Among service type, treatment and disposal service segment accounted for largest share in drilling waste management market. This is mainly owing to the onsite burial sites which include landfill and pits, land farming, land spreading, slurry injection, thermal treatment, and bioremediation. The solid control segment is expected to witness significant growth, owing to the efficiency of the process. This service segment is used to remove unwanted solids such as drill cuttings from drilling fluid, removes gases, and other contaminants in the mud, providing maximum recovery for re-use of drilling fluids. Drilling waste management is also classified on the basis of application such as onshore and offshore. © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION North America holds a dominant position in the global drilling waste management market, with 36.40% market share. This is due to various drilling activities produced by the increase of the shale gas. The U.S. Shale Revolution significantly increases its oil and gas production, one of the biggest event for oil & gas industry. The regulations in the U.S. promote the development of oil & gas, providing a stable process. The stabilization of oil prices may result in increasing drilling activities in North America, which in turn, drives the market growth. Europe holds the second largest position, in terms of revenue, in the global drilling waste management market. The market is driven by growing exploration activities, supportive regulations, and increasing awareness towards environmental pollution. Environmental regulations such as zero discharge policy in the offshore region drives the market growth. The used drilling mud is considered as a kind of mining waste, thus, it is subjected to 20/2006/EC mining waste directive, as per European legislation. The drilling mud cannot be disposed on landfill facility and can be re-injected into underground strata. Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/990 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION In Middle East and Africa, the discoveries of gas in Mozambique and Tanzania and increased E&P (Exploration & Production) activities in Kenya and Uganda, holding untapped oil and gas reserve potential in the region. The stringent environmental norms for offshore projects and any spillage may result in additional operation cost, ensuring the adoption of drilling waste management by the industry. The drilling waste management market was valued at US$ 3.91 billion in 2016 and is expected to witness a CAGR of 6.30%, in terms of revenue, during the forecast period. Some of the key players operating in the global drilling waste management market are Halliburton Co., Weatherford International Ltd., National Oilwell Varco, Inc., Xi'an Kosun Machinery Co., Ltd., Tervita Corporation, TWMA Ltd., Step Oiltools, Soli-Bond, Inc. Specialty Drilling Fluids Ltd., Soiltech, Scomi Group BHD, Secure Energy Services, Inc., Schlumberger Ltd., Nuverra Environmental Solutions, Ridgeline Canada, Inc., Newalta, Hebei Gn, Solids Control Co. Ltd., Imdex Limited, Baker Hughes, Inc., Derrick Equipment Company, and Augean PLC To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/990 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE Healthcare HEALTHCAR E IT CLINICAL DIAGNOSTIC BIOTECHNO LOGY PHARMACE UTICAL MEDICAL IMAGING Chemicals & Materials MEDICAL DEVICES Speciality and Fine Chemicals Bulk Advanced Materials Chemicals Green Chemicals Polymers & Resins Food Cosmetic Ingredients Ingredients © Coherent market Insights. All Rights Reserved

  7. ABOUT COHERENT MARKET INSIGHTS RESEARCH SOLUTIONS KEY STATS GLOBAL REPORTS FEASIBILITY STUDIES 100+ Insights Published Per Year COUNT RY ANALYS IS 150+ CONSUL T PROJECT S Consulting Projects Till Date 125+ SURVEY RESEAR CH EXCEL FORECAST DATABASE COMPETITI VE ASSESSMEN T Clients Worldwide Per Year 110+ TECHNOLOG Y SNIPPETS Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

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