Middle East Drilling Waste Management Market by Service, by Application, by Country - Analysi and Forecast to 2019

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Apr 30, 2015, 04:23 ET

NEW YORK, April 30, 2015 /PRNewswire/ -- Waste management plays an important role in the process of drilling, as drilling fluid circulates drill cuttings from the wellbore and also cools the drill bit. It also reduces the friction inside the well bore and helps in managing the fluid and cuttings during and after their return. Finally, when the drilling is completed, the cuttings and fluids are further processed and disposed of to eliminate or minimize any harmful effects on the environment.

This report segments the Middle East Drilling Services Market on the basis of services (solids control, containment & handling, and treatment & disposal), applications (onshore & offshore), and countries (Saudi Arabia, Oman, Kuwait, Qatar, and Abu Dhabi).

Various secondary sources, such as historic data, directories, and databases have been used to identify and collect information useful for this extensive, commercial study of the Middle East drilling waste management market. Experts from industry and suppliers, such as CEOs, directors, and marketing managers are interviewed to obtain and verify market estimations as well as to assess the future prospects of the drilling waste management market in Middle East.

The Oman market held the largest share of 32% of the ME Drilling Waste Management market in 2013. Qatar is estimated to register the highest CAGR of 6.2% between 2014 and 2019 during the forecast period. The market is growing due to the substantial amount of E&P activity in the offshore regions of Middle East. Private players are investing more in this region to avail higher returns which is acting as a growth factor for the oil & gas industry. This, in turn, boosts the market for drilling waste management services as well.

The drilling waste management market analyzed in this report is based on the waste management hierarchy, that is, solids control, containment & handling, and treatment & disposal.

The drilling waste management market has been segmented into five countries, namely Saudi Arabia, Oman, Kuwait, Qatar, and Abu Dhabi. The market has been further segmented on the basis of services for waste management in the drilling activities, and has been split on the basis of applications (onshore & offshore).

Reasons to Buy the Report:
From an insight perspective, this research report focuses on various levels of analysis–industry analysis, market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, usage patterns, emerging and high-growth segments of the Middle East drilling waste management market, high-growth countries and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market share. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.

The report provides insights on the following pointers:
- Product Analysis and Development: Detailed insights on upcoming technologies, research and development activities, and new product launches in the Middle East drilling waste management market. Usage pattern/penetration rate (in-depth trend analysis) of products (segment-wise) and purchasing data.
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for the Middle East drilling waste management across geographies, new distribution channels, and new clientele base & different pricing policies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, a
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