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The Europe Drilling Waste Management Market is Expected to Reach $206.03 million by 2018 - A Report by MicroMarket Monitor
  • USA - English


News provided by

MicroMarket Monitor

Jan 06, 2015, 11:30 ET

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MicroMarket Monitor
MicroMarket Monitor

(PRWEB) January 06, 2015 -- The European drilling waste management market report defines and segments the concerned market in Europe with analysis and forecast of revenue. The market was valued at $946.1 million in 2013 and is projected to reach $1,738.0 million by 2019, at a CAGR of 10.7% between 2014 and 2019.

Browse through the TOC of Europe Drilling Waste Management Market for an analysis of industry trends and segments, with the help of various tables and figures.
http://www.micromarketmonitor.com/market/europe-drilling-waste-management-8697170849.html

Key Players in the Europe Drilling Waste Management Market are Schlumberger Ltd., Halliburton, Baker Hughes (U.S) and Weatherford International Ltd, among others.

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The increasing energy demand has led to increased exploration & production activities globally, which requires a lot of drilling activities. Drilling activities produce waste fluids and drill cuttings on a large scale. These wastes are toxic in nature and can cause severe harm to the environment if not treated properly before disposal. To avoid such hazards to the environment, oil exploration and production companies are increasingly adopting drilling waste management practices.

Early buyers will receive 10% customization on this report.
http://www.micromarketmonitor.com/contact/8697170849-request_for_customization.html

European governments have imposed stringent regulations for drilling waste discharge. For instance, Norway has implemented zero waste disposal in the North Sea for oil exploration activities.

Europe is the second-largest market for drilling waste management. Russia led the market in 2013 with a share of approximately 78%. Russia is one of the largest oil & gas producers in the world. Extensive drilling and production activities make drilling waste management important for the country’s oil & gas industry. In addition, stringent regulations regarding the discharge of synthetic and oil-based mud cuttings also act as a driver for the drilling waste management market in this country.

Speak to Analyst at http://www.micromarketmonitor.com/contact/8697170849-speak_to_analyst.html

The treatment & disposal market, with around 41% of the market share in 2013, led the European services market, followed by solid control & containment & handling.

About MicroMarket Monitor :

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Contact:
Mr. Chandrasekhar K.
5601 Bridge Street
Suite 300
Fort Worth, TX 76112
Tel: +1-888-502-0539
Email: sales(at)micromarketmonitor(dot)com
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.

Mr. Chandrasekhar K., MicroMarket Monitor, http://micromarketmonitor.com/, +91 9881155004, [email protected]

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