Drilling Waste Management Market would be worth $8 Billion by 2018. May 2014

Waste Management Market in Drilling worth $8 Billion by 2018. The report “Waste Management Market in Drilling by Services (Solids Control services, Containment & Handling, and Treatment & Disposal), Applications (Onshore & Offshore) and Geography-Global Trends & Forecasts to 2018”, defines and segments the global drilling waste management services market with analysis and forecasts of the global revenue. The drilling waste management market is estimated to grow from over $4 billion in 2013 to nearly $8 billion by 2018, at a CAGR of over 10%. Browse 120 market data tables and 28 figures spread through 301 pages and in-depth TOC on “Waste Management Market in Drilling by Services (Solids Control Services, Containment & Handling, and Treatment & Disposal), Applications (Onshore & Offshore) and Geography Global Trends & Forecasts to 2018” http://www.marketsandmarkets.com/Market-Reports/drilling-waste-management-market-1242.html Early buyers will receive 10% customization on this report. Increased exploration activities and investments drive the need for effective waste management practices. The demand for hydrocarbons escalates the drilling activities that sequentially generate associated wastes, which are required to be safely disposed. Stringent government regulations play a key role in the growth of drilling waste management services within a region. Europe being one of the most developed offshore arenas, has already established the zero discharge policy. In North America, elevated onshore activities as well as offshore are increasing the concerns related to soil and sea water contamination. The governments are therefore imposing stringent regulatory norms to minimize hazardous waste disposals, in turn escalating the market of drilling waste management services.