Drilling Waste Management Market Trends

Drilling waste management was established in the drilling industry post 1980’s, which is driven by high exploration and production activities, ever increasing stringent government regulations and escalating investments from the oil and gas operators. The trend is set to continue further with the current surge in offshore activities and shale reserve exploratory activities. The global drilling waste management market is therefore expected to grow to approximately $8 billion by 2018, at a CAGR of more than 10% from 2013 to 2018.
Drilling Waste Management is needed and demanded by the global drilling market. Recently, the market by Services (Solids Control services, Containment & Handling, and Treatment & Disposal), Applications and Geography-Global Trends & Forecasts to 2018 is the new research report available. The appropriate application of waste management principles is essential for both effective drilling operations and environmental protection. Waste streams from drilling, largely include drilling fluids and cuttings that are collected, processed, handled, transported, and disposed.
Geographically, North America and Europe are large markets that grew rapidly in the past decade. These regions are likely to continue to dominate in future. Upcoming markets include South America, the Middle East, and Africa due to recent initiation of environmental policies respectively within the regions.
In China solids control industry, KOSUN is a solids control leader and expert in drilling waste management. KOSUN is capable of providing customers with such four series as oil & gas drilling solids control equipment, centrifuge, drilling waste treatment equipment and drilling security equipment, including 25 categories of products,such as shale shaker, shale shaker screen, vertical centrifuge ,desander, desilter, drying shaker,vacuum degasser, centrifugal pump, submersible slurry pump, shear pump,mud agitator, mud gun, drilling fluid mud cleaner, decanter centrifuge, jet mud mixer, mud tank, diesel tank, water tank, complete solids control system,etc.
KOSUN mainly targets its products and services to
1.Drilling fluids services companies;
2.Drilling companies: oil & gas drilling companies, coalbed gas drilling companies, horizontal directional crossing companies, themal drilling companies, water wells drilling companies, mineral exploration companies, piling and shield construction units;
3.Rig companies: oil & gas drilling rig companies, coalbed gas and horizontal directional drilling rig manufacture companies or sets sales companies;
4.Oil companies;
5.Oil & gas services companies;
6.Mud tank manufacturers;
7.Trading companies, other concerned equipment manufacturer in the industry, etc.