Apr 16, 2018   SOURCE: BusinessWire

Global Oil Spill Solutions Market Report 2018 - Rapid Growth in Deepwater Drilling Activities is a Major Market Driver - ResearchAndMarkets.com

The "Global Oil Spill Solutions - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.

The report provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

One of the emerging market trends is the revised offshore oil and gas market regulations. Moreover, crude oil is transferred from the production unit to the distribution centers on a regular basis either in the form of underground sea pipelines or via merchant shipping. This may lead to the increased oil spill in water bodies such as rivers, bay, and ocean. Such oil spills are caused by accidents, involving tankers, barges, pipelines, refineries, drilling rigs, and storage facilities.

Hence, governments in countries such as the UK have mandated that every offshore installation and oil handling facility must have an approved OPEP. Such guidelines mandates buyers to engage with oil spill solutions providers as a precautionary measure against oil spills. This increases the demand for oil spill solutions across the globe.

According to the report, a major growth driver of this market includes the rapid growth in deepwater drilling activities, which in turn, has led to the increased demand for oil spill solutions. Further, the report states that a key challenge faced by buyers is the difficulty in identification of KPIs to evaluate suppliers' performance.

Key Suppliers

  • Oil Spill Response
  • Polyeco
  • Lamor
  • NRC International
  • Marine Pollution Control

Key Topics Covered

Part 1: Category at a Glance

Part 2: Scope of the Report

Part 3: Market Insights

Part 4: Supply Market Insights

Part 5: Pricing Insights

Part 6: Procurement Insights

Part 7: Top Five Suppliers

For more information about this report visit https://www.researchandmarkets.com/research/7j5zwp/global_oil_spill?w=4