Apr 29, 2019   SOURCE: BusinessWire

Global Drilling Mud Desander & Desilter Market, 2019 to 2023 with Derrick Corp, GN Solids Control, Halliburton, National Oilwell Varco, and Schlumberger Dominating - ResearchAndMarkets.com

The "Global Drilling Mud Desander and Desilter Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The drilling mud desander and desilter market will register a CAGR of close to 6% by 2023.

During the initial years of drilling and production, the dill prig waste was dumped directly into the ocean from the platform. However, in due course of time, environmental concerns about the negative impact of such waste on aquatic and human life were raised. As a result, international environmental bodies were formed, which placed stronger restrictions on drilling companies and set certain environmental standards.

The presence of stringent norms and regulations for drilling waste treatment plays an important role in the demand for drilling mud desander and desilter equipment. As the oil and gas industry has one of the most visible and severe impacts on the environment, regulations on this industry are stringent, which will drive the growth of the market.

Rising investments in oil and gas E&P activities

The liquid fuel consumption is expected to grow steadily. Factors such as urbanization and industrialization in the developing countries will be playing an important role in the increase in the consumption of liquid fuels. Additionally, the demand for fuel from these countries will continue to rise during the forecast period.

Volatile price of crude oil

Fluctuation in the price of crude oil has an immediate effect on the performance and profitability of upstream players. E&P projects are executed only when the revenue generated is high so that oil and gas companies can make profits. Several oil and gas projects across the world were canceled due to price fluctuations. The uncertainty in the price of crude oil will adversely affect the investments in E&P projects and have a negative impact on the growth of the oil and gas E&P industry. This will limit the demand for drilling mud desanders and desilters during the forecast period.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

  • Derrick Corporation
  • GN Solids Control
  • Halliburton
  • National Oilwell Varco
  • Schlumberger Limited

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Comparison by application
  • Onshore - Market size and forecast 2018-2023
  • Offshore - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Advances in solids control equipment
  • Declining cost of raw materials
  • Increase in deepwater and ultra-deepwater upstream projects

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Derrick Corporation
  • GN Solids Control
  • Halliburton
  • National Oilwell Varco
  • Schlumberger Limited

For more information about this report visit https://www.researchandmarkets.com/r/4s1aiv