Key players in North America Drilling Waste Management Market include Schlumberger Ltd. (U.S.), National Oilwell Varco (U.S.), Halliburton Co (U.S.), Baker Hughes Inc. (U.S.), and Weatherford International Plc (Ireland)
(PRWEB) April 15, 2015
The North America drilling waste management market report defines and segments the waste management in drilling market in North America with analysis and forecast of the market size. The waste management in drilling market in North America is estimated to grow from $2.5 billion in 2014 to $2.7 billion by 2019, at a CAGR of 2.0% from 2014 to 2019.
Browse through the TOC of North America Drilling Waste Management Market for an analysis of industry trends and segments, with the help of various tables and figures.
The North America drilling waste management market is classified into two major segments by applications, namely onshore and offshore. The North America drilling waste management market is further segmented by types of services into solids control, containment and handling, and treatment & disposal. The market is further segmented and projected on the basis of major countries, such as the U.S., Canada, and Mexico.
Growing energy demand and rise in E&P capex has led to the increase in oil & gas exploration and production activities, so identification and mitigation of environment and pollution hazards becomes imperative. Furthermore, innovation in technology has led to newer avenues where the waste produced from drilling activities can be reused or recycled. Stringent regulations and compliance norms to minimize the risk to environment in the vicinity of oil production sites makes waste management highly significant. These factors act as drivers for the North American drilling waste management market.
Speak to Analyst @
The U.S. is the biggest market in North America, and as of 2014, contributed a major share of around 78.4% in the drilling waste management market in North America.
This report also includes the market share and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market, including major companies which provide waste management in drilling.
Schlumberger Ltd. (U.S.), National Oilwell Varco (U.S.), Halliburton Co(U.S.), Baker Hughes Inc. (U.S.), and Weatherford International Plc (Ireland) are the major players in the North American drilling waste management market.
European Drilling Waste Management Market
Europe is the second-largest market for drilling waste management, and is projected to grow at a CAGR of 4.2% during the forecast period of 2014 to 2019.
MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Oil & Gas industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Oil & Gas industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.
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.
Mr. Chandrasekhar K.
5601 Bridge Street
Fort Worth, TX 76112
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.