Solid Control Equipment Market

Solids Control Equipment Market worth $2.65 Billion by 2019

The report Solid Control Equipment Market by Types (Shale Shakers, Mud Centrifuges, Desander & Desilter, Mud Cleaners, and Others), by Application Areas (Onshore & Offshore), & by Geography - Global Trends & Forecast to 2019” defines and segments the global solids control equipment market with an analysis and forecast of the market size. The market will reach $2.65 billion by 2019 with an increase of more than $1 billion during the period 2014 and 2019, at a growing CAGR of 10.0%.

                              Request Sample                                  Request Sample

Browse 65 market data tables and 52 figures spread through 171 pages and in-depth TOC on “Solid Control Equipment Market by Types (Shale Shakers, Mud Centrifuges, Desander & Desilter, Mud Cleaners, and Others), by Application Areas (Onshore & Offshore), & by Geography - Global Trends & Forecast to 2019”
https://www.marketsandmarkets.com/Market-Reports/solid-control-equipment-market-96694447.html
Early buyers will receive 10% customization on reports.

The figure below shows the global solids control equipment market share by region in the year 2013.

Solid Control Equipment Market

Source: MarketsandMarkets Analysis

North America: Largest market for solids control equipment

North America solids control equipment market is at the forefront when it comes to considering the regulations and policies for the protection of the degradation of the global environment. Further, advancement in technologies in the region has enabled the companies to reduce the fluid losses at a greater extent. Nearly half of the world oil and gas reserves are present in North America, particularly in U.S., which has increased the drilling activities in the region. Further, the region is increasing its activities to explore unconventional resources such as coal bed methane, and shale gas which will increase the demand for solids control equipment. The solids control equipment market in North America is expected to reach $1.23 billion by 2019 from an estimated value of $0.78 billion in 2014, at a CAGR of 9.3%.

Europe & Asia-Pacific: Ranks 2nd & 3rd in the global solids control equipment market

Europe stood at the second position in the global solids control equipment market with a value of $276.6 million in 2013 and is expected to reach a value of $509.2 million by 2019. However, the region is expected to grow at a comparatively slow growth due to political and economic uncertainty.

The Asia Pacific region was responsible for 19% of international drilling activity (outside the US & Canada) in June 2014. There were total of 251 drilling rigs in the region in June 2014, which depicts the increasing demand for solids control equipment. The Asia-Pacific solids control equipment market holds a market share of 13.3% of the global market and is expected to grow at a CAGR of 10.8% in the next five years period.

Increasing Demand for Solid Control Equipment’s

The technologies that are taking hydrocarbon recovery into new frontiers are moving through the industry. When it comes to solids control equipment, effects are being felt from faster, more efficient rigs, intense, improved fluid designs; and dual-gradient drilling. Companies are pushing development of higher-capacity shakers, bigger centrifuges, better screen designs and streamlined processes.

Also, in order to expand the business in the regions of South America, Africa, and Gulf of Mexico, companies have adopted contracts and agreements as the key strategy to gain traction in solids control equipment market.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan

North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]

Solid Control Equipment Market Size,  Share & Growth Report
Report Code
EP 3001
PR Published ON
1/19/2015
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Solid Control Equipment Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home