The report "Drilling Waste Management Market by Service (Treatment & Disposal, Containment & Handling, & Solids Control), Application (Onshore & Offshore), & Region (North America, Europe, Asia-Pacific, South America, Middle East, & Africa) - Global Forecast to 2020", The drilling waste management market is estimated to grow at a CAGR of 6.0% from 2015 to 2020, and is expected to reach USD 5.08 Billion by 2020. The market is driven by rising demand for oil & gas, which is met by increasing investments in emerging economies with proven oil & gas reserves, preferably in deepwater & ultra-deepwater locations.

Browse 79 market data Tables and 55 Figures spread through 202 Pages and in-depth TOC on "Drilling Waste Management Market - Global Forecast to 2020"

http://www.marketsandmarkets.com/Market-Reports/drilling-waste-management-market-1242.html

Early buyers will receive 10% customization on this report.

The drilling waste management market is subsegmented by application into onshore and offshore. The onshore application segment occupies the major share of the market and the offshore application segment is estimated to see high growth rate during the forecast period. The onshore application segment of drilling waste management is led by North America, particularly the U.S., which has witnessed historic levels of domestic crude oil production owing to the widespread use of technologies such as horizontal drilling and hydraulic fracturing that enabled the “shale revolution.”

Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=1242

On the basis of services, the following are the subsegments, namely, treatment & disposal, solids control, and containment & handling. Out of the mentioned, treatment & disposal occupies the major share, which is due to the onsite burial (pits and landfills), land-farming, land-spreading, bioremediation, thermal treatment, and slurry injection techniques. The market for treatment & disposal service would be particularly driven by North America and Europe, due to growing 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.

The North American region has been categorized on the basis of countries into the U.S., Canada, and Mexico. The region accounts for more than half of the market. The market has been hit the hardest due to the meltdown in global crude oil prices, with the U.S. drilling rig count declining nearly 60%, from January 2015 to January 2016. The primary reason for this is the higher break-even costs in shale drilling and production, forcing producers to idle more rigs in face of lower prices compared with drillers in other regions with lower production costs, such as the Middle East.

The drilling waste management market, in terms of developments was dominated by Kosun (China), TWMA (U.K.), Ridgeline Energy Services (Canada), and Soli-Bond, Inc. (U.S.).

This study estimates the global market of drilling waste management, in terms of USD, till 2020. It also offers a detailed qualitative and quantitative analysis of this market. This report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market. The report also covers various important aspects of the market such as value chain, Porter’s Five Forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the drilling waste management market.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]