The Report “South & Central America Drilling Waste Management Market by Service (Solid Control, Containment & Handling, Treatment & Disposal), by Application (Onshore, Offshore ), by Country - Analysis and Forecast to 2019”, is estimated to reach $570.7 million by 2019, growing at a CAGR of 4.3% from 2014 to 2019.
Browse through the TOC of the South & Central America Drilling Waste Management Market for an analysis of industry trends and segments, with the help of various tables and figures.
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The growth of the South American drilling waste management market is attributed to the stringent government regulations imposed on drilling activities. National government policies of oil & gas producing countries encourage the responsible development of domestic energy resources. Petroleum exploration and development is closely regulated in each nation to protect public health and the environment. Therefore, the governmental bodies are implementing stringent discharge policies enforcing drilling waste practices. In order to comply with those rules, application of drilling waste management services is becoming indispensable across varied regions around the world.
Increasing applications of drilling waste management in unconventional reservoirs, such as Arctic drilling, will provide new opportunities to the South American drilling waste management market. In addition to this, new product innovation in the field of drilling waste management will also contribute towards the growth of this market.
This market research report provides a comprehensive overview of drivers, restraints, challenges, and upcoming opportunities. The report also provides a detailed competitive landscaping of companies operating in this market. Segment and country-specific company shares, news & deals, mergers & acquisitions, segment-specific pipeline products, product approvals, and product recalls of major companies have also been detailed in this report. Major companies operating in the South American drilling waste management market include Schlumberger Ltd. (U.S.), Halliburton Company (U.S.), and Weatherford International Ltd. (Ireland).
The South American drilling waste management market is segmented on the basis of application, service, and geography. According to services, the market is classified into solids control, containment & handling, and treatment & disposal among others. With respect to applications, the market is segmented into onshore and offshore.
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