Drilling Waste Management Market Research Report by Service (Containment & Handling, Solids Control, and Treatment & Disposal), by Application (Offshore and Onshore) - Global Forecast to 2025 - Cumulative Impact of COVID-19
The Global Drilling Waste Management Market is expected to grow from USD 4,850.86 Million/EUR 4,331.25 Million in 2019 to USD 6,615.48 Million/EUR 5,800.58 by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 5.30%.
Market Segmentation & Coverage:
This research report categorizes the Drilling Waste Management to forecast the revenues and analyze the trends in each of the following sub-markets: The Containment & Handling is projected to witness the highest growth during the forecast period
Based on Service, the Drilling Waste Management Market studied across Containment & Handling, Solids Control, and Treatment & Disposal. The Treatment & Disposal commanded the largest size in the Drilling Waste Management Market in 2019. On the other hand, the Containment & Handling is expected to grow at the fastest CAGR during the forecast period. The Onshore is projected to witness the highest growth during the forecast period
Based on Application, the Drilling Waste Management Market studied across Offshore and Onshore. The Offshore commanded the largest size in the Drilling Waste Management Market in 2019. On the other hand, the Onshore is expected to grow at the fastest CAGR during the forecast period. The Asia-Pacific is projected to witness the highest growth during the forecast period
Based on Geography, the Drilling Waste Management Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom. The Americas commanded the largest size in the Drilling Waste Management Market in 2019. On the other hand, the Asia-Pacific is expected to grow at the fastest CAGR during the forecast period.
Company Usability Profiles:
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Drilling Waste Management Market including Augean PLC, Baker Hughes Company, Derrick Equipment Company, Halliburton Company, Hebei GN Solids Control Co. Ltd., Imdex Limited, KOSUN Machinery Co., Ltd., National Oilwell Varco, Inc., Nuverra Environmental Solutions, Schlumberger Limited, Scomi Group Berhad, Secure Energy Services, Inc., Tervita Corporation, and Weatherford International PLC.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Drilling Waste Management Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Drilling Waste Management Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Drilling Waste Management Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Drilling Waste Management Market?
4. What is the competitive strategic window for opportunities in the Global Drilling Waste Management Market?
5. What are the technology trends and regulatory frameworks in the Global Drilling Waste Management Market?
6. What are the modes and strategic moves considered suitable for entering the Global Drilling Waste Management Market?
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Stakeholders
- 2. Research Methodology
- 2.1. Research Process
- 2.1.1. Define: Research Objective
- 2.1.2. Determine: Research Design
- 2.1.3. Prepare: Research Instrument
- 2.1.4. Collect: Data Source
- 2.1.5. Analyze: Data Interpretation
- 2.1.6. Formulate: Data Verification
- 2.1.7. Publish: Research Report
- 2.1.8. Repeat: Report Update
- 2.2. Research Execution
- 2.2.1. Initiation: Research Process
- 2.2.2. Planning: Develop Research Plan
- 2.2.3. Execution: Conduct Research
- 2.2.4. Verification: Finding & Analysis
- 2.2.5. Publication: Research Report
- 2.3. Research Outcome
- 3. Executive Summary
- 3.1. Introduction
- 3.2. Market Outlook
- 3.3. Service Outlook
- 3.4. Application Outlook
- 3.5. Geography Outlook
- 3.6. Competitor Outlook
- 4. Market Overview
- 4.1. Introduction
- 4.2. Cumulative Impact of COVID-19
- 4.3. Geographic Growth Opportunities
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing environmental concerns coupled with the stringent regulations related to implementing effective drilling waste policies
- 5.1.1.2. Increased expenditure from oil & gas companies in exploration and developmental activities
- 5.1.2. Restraints
- 5.1.2.1. Limited availability of skilled personnel to manage drilling waste activities
- 5.1.2.2. Heavy fall in the oil & gas industry
- 5.1.3. Opportunities
- 5.1.3.1. Increasing R&D activities for developments in drilling
- 5.1.3.2. Introduction of new drilling technologies and exploration of new oil producing sources
- 5.1.4. Challenges
- 5.1.4.1. High operational cost and other economic charges
- 5.2. Porters Five Forces Analysis
- 5.2.1. Threat of New Entrants
- 5.2.2. Threat of Substitutes
- 5.2.3. Bargaining Power of Customers
- 5.2.4. Bargaining Power of Suppliers
- 5.2.5. Industry Rivalry
- 6. Global Drilling Waste Management Market, By Service
- 6.1. Introduction
- 6.2. Containment & Handling
- 6.3. Solids Control
- 6.4. Treatment & Disposal
- 7. Global Drilling Waste Management Market, By Application
- 7.1. Introduction
- 7.2. Offshore
- 7.3. Onshore
- 8. Americas Drilling Waste Management Market
- 8.1. Introduction
- 8.2. Argentina
- 8.3. Brazil
- 8.4. Canada
- 8.5. Mexico
- 8.6. United States
- 9. Asia-Pacific Drilling Waste Management Market
- 9.1. Introduction
- 9.2. Australia
- 9.3. China
- 9.4. India
- 9.5. Indonesia
- 9.6. Japan
- 9.7. Malaysia
- 9.8. Philippines
- 9.9. South Korea
- 9.10. Thailand
- 10. Europe, Middle East & Africa Drilling Waste Management Market
- 10.1. Introduction
- 10.2. France
- 10.3. Germany
- 10.4. Italy
- 10.5. Netherlands
- 10.6. Qatar
- 10.7. Russia
- 10.8. Saudi Arabia
- 10.9. South Africa
- 10.10. Spain
- 10.11. United Arab Emirates
- 10.12. United Kingdom
- 11. Competitive Landscape
- 11.1. FPNV Positioning Matrix
- 11.1.1. Quadrants
- 11.1.2. Business Strategy
- 11.1.3. Product Satisfaction
- 11.2. Market Ranking Analysis
- 11.3. Market Share Analysis
- 11.4. Competitive Scenario
- 11.4.1. Merger & Acquisition
- 11.4.2. Agreement, Collaboration, & Partnership
- 11.4.3. New Product Launch & Enhancement
- 11.4.4. Investment & Funding
- 11.4.5. Award, Recognition, & Expansion
- 12. Company Usability Profiles
- 12.1. Augean PLC
- 12.2. Baker Hughes Company
- 12.3. Derrick Equipment Company
- 12.4. Halliburton Company
- 12.5. Hebei GN Solids Control Co. Ltd.
- 12.6. Imdex Limited
- 12.7. KOSUN Machinery Co., Ltd.
- 12.8. National Oilwell Varco, Inc.
- 12.9. Nuverra Environmental Solutions
- 12.10. Schlumberger Limited
- 12.11. Scomi Group Berhad
- 12.12. Secure Energy Services, Inc.
- 12.13. Tervita Corporation
- 12.14. Weatherford International PLC
- 13. Appendix
- 13.1. Discussion Guide
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