Quick Summary:
In the evolving landscape of global energy production, the Drilling Waste Management Market continues to garner significant attention. Our market research report, delivering an in-depth insight into this substantial growth, offers an exceptional tool for industry leaders, strategic planners, and investment analysts.
Forecasts predict the global market for Drilling Waste Management to accelerate from US$5.1 Billion in 2022 to a sturdy US$7.3 Billion by 2030. This report breaks down detailed projections for key markets including the US and China, as well as segment analysis focusing on areas such as Treatment & Disposal. Understand the market trends, key driving factors, potential challenges, and how the competitive landscape is set to change over the next decade.
What does the future hold for this industry? Equip yourself with the knowledge to navigate the changes, make informed decisions, and grasp emerging opportunities. Don’t miss out on this essential resource for forward-thinking business executives.
Global Drilling Waste Management Market to Reach $7.3 Billion by 2030
The global market for Drilling Waste Management estimated at US$5.1 Billion in the year 2022, is projected to reach a revised size of US$7.3 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Treatment & Disposal, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$3.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Solids Control segment is readjusted to a revised 4.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 4.1% CAGR
The Drilling Waste Management market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 4.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.Select Competitors (Total 41 Featured) -
- Augean plc
- Baker Hughes, a GE company
- Derrick Equipment Company
- Halliburton
- HeBei GN Solids Control Co.Ltd.
- Imdex Ltd
- National Oilwell Varco, Inc.
- Nuverra Environmental Solutions, Inc.
- Ridgeline Canada, Inc.
- Schlumberger Ltd.
- Scomi Group Bhd
- Secure Energy Services Inc.
- Soiltech AS
- Soli-Bond, Inc.
- Specialty Drilling Fluids Ltd.
- STEP OILTOOLS
- Tervita Corporation
- Twma Ltd.
- Weatherford International Ltd.
- Xi'an Kosun Machinery Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Drilling Waste Management?
What is the growth rate of the Global Market for Drilling Waste Management?
What is the forecasted size of the Global Market for Drilling Waste Management?
Who are the key companies in the Global Market for Drilling Waste Management?
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 5.1 Billion |
| Forecasted Market Value ( USD | $ 7.3 Billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Augean plc
- Baker Hughes, a GE company
- Derrick Equipment Company
- Halliburton
- HeBei GN Solids Control Co.Ltd.
- Imdex Ltd
- National Oilwell Varco, Inc.
- Nuverra Environmental Solutions, Inc.
- Ridgeline Canada, Inc.
- Schlumberger Ltd.
- Scomi Group Bhd
- Secure Energy Services Inc.
- Soiltech AS
- Soli-Bond, Inc.
- Specialty Drilling Fluids Ltd.
- STEP OILTOOLS
- Tervita Corporation
- Twma Ltd.
- Weatherford International Ltd.
- Xi'an Kosun Machinery Co., Ltd.
