Containment and Handling Industrial and Market studies - Global Industry Analysis, Industrial and Market studies Size, Share, Growth, Trends and Forecast 2016 - 2020
"Containment
and Handling Market - Global Industry Analysis, Market Size, Share,
Growth, Trends and Forecast 2014 - 2020"
The Report covers current Market Trends, Worldwide Analysis, Global
Forecast, Review, Share, Size, Growth, Effect.
Description-
Rapid
growth in the oil and gas industry along with an increased demand for
energy is expected to boost the global demand for containment and
handling market. Increased drilling activities in both offshore and
onshore areas have direct implications on the containment and
handling market. Drilling waste including toxic drilling fluids and
cuttings, can lead to the water pollution, if get mixed with water.
Stringent governmental regulations pertaining to the disposal of
drilling waste is another factor that has augmented the containment
and handling market. Further, deep underground drilling poses more
threat in terms of water contamination as drilling at higher depths
creates higher probability of finding ground water. Besides drilling
activities, increasing industrialization serves as another factor
that has contributed towards the waste generation and hence the
containment and handling market. Hazardous industrial wastes require
special attention in order to minimize or check the intermixing of
such waste with ground water.
Segmentation
of the containment and handling market can be done on the basis of
application, equipments and geography. Containment and handling
activities are mainly used during oil & gas exploration and
mining activities. The use of toxic drilling fluids and cutting
generation makes it mandatory for the drilling company to handle,
treat and dispose the waste material without causing any harm to the
environment. Presently, the drilling activities are not limited to
the onshore areas as the companies have started to drill deep in the
offshore areas in order to search for new oil and gas reservoirs.
Thus, within the oil and gas applications, the containment and
handling market can be segmented further for onshore and offshore
applications. Offshore applications require special attention as the
intermixing of toxic waste with oceanic water can pose a serious
threat to the aquatic life. Containment and handling market can also
be segmented on the basis of equipment that is used in the process.
Major equipments include the drill cutting containers, screw
conveyors, Rig Vac and others. These equipments form a part of
complete drilling waste management process and are used before the
treatment and disposal of drilling waste.
Regional segmentation of the containment and handling market can be
done on the basis of geography by identifying the major countries
with higher oil and gas production volumes. Major countries include
the United States, Canada and Mexico in North America; Malaysia and
Indonesia in Asia Pacific; Iran, Iraq, Qatar, Kuwait, Angola, Libya
and Nigeria in Middle East and Africa; Russia and the offshore areas
of the North Sea in Europe; Brazil, Argentina and Venezuela in South
America.
Increasing drilling activities, stringent government regulations
regarding handling, containment and disposal of drilling wastes; rise
in drilling activities for extraction of unconventional sources of
energy such as shale oil and shale gas are the major drivers to the
containment and handling market. High expenditure in acquiring
containment and handling services is one of the restraints to the
containment and handling market. Expected increase in the drilling
activities pertaining to the development of shale gas reservoirs in
Argentina can possess positive impact on the containment and handling
market in the coming five to six years.
Some of the key players in containment and handling market include
companies such as Augean PLC, Scomi Group Bhd, Baker Hughes
Incorporated, M-I L.L.C., Halliburton and Weatherford.
This research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons for Buying this
Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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