LONDON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Research?src=hash” target=”_blank”gt;#Researchlt;/agt;–The global drilling mud desander and desilter market is expected to post
a CAGR of close to 6% during the period 2019-2023, according to the
latest market research report by Technavio.
With the recovery of crude oil prices, there has been an increase in
onshore and offshore drilling projects, which has encouraged oil and gas
companies to invest in oil and gas projects to improve profitability.
The growth in drilling activities will increase the number of active
rigs for both onshore and offshore drilling. This will increase the
demand for drilling-related equipment, including desanders and
desilters. Thus, the increasing rig activity will propel the demand for
drilling mud desander and desilter during the forecast period.
As per Technavio, advances in solids control equipment will have a
positive impact on the market and contribute to its growth significantly
over the forecast period. This global
drilling mud desander and desilter market 2019-2023 research
report also analyzes other important trends and market drivers that will
affect market growth over 2019-2023.
Global drilling mud desander and desilter
market: Advances in solids control equipment
Desanders and desilters are undergoing several advances to improve the
efficiency of the equipment and the process. Desanders have
traditionally been using high erosion-resistant, reaction-bonded silicon
carbide ceramics fabrication. However, the development of new
fabrication techniques is bringing a step-change improvement in
desanders. Wellhead desanders are being cast in a few ceramic rings,
instead of manually grouting ceramic tiles. As a result, the diameter of
the desanders reaches around 700 mm, which results in higher
manufacturing efficiency, repeatability, and standardization. Solid
control equipment is also improving in terms of size so that it can
cater to the offshore segment efficiently as space availability is a
concern in offshore drilling rigs.
“The environmental concerns about the negative impact of the drilling
waste on aquatic and human life have increased. As a result, several
international bodies have placed stronger restrictions on drilling
companies and set certain environmental standards. For instance, the US
Environmental Protection Agency (EPA) has placed restrictions on the
discharge of drilling waste into oceans. Thus, the presence of stringent
norms and regulations for drilling waste treatment is propelling the
demand for drilling mud desander and desilter equipment,” says a
senior research analyst at Technavio.
Global drilling mud desander and desilter
market: Segmentation analysis
This market research report segments the global drilling mud desander
and desilter market by application (onshore and offshore) and geographic
regions (North America, Europe, APAC, South America, and MEA).
The onshore segment held the largest drilling mud desander and desilter
market share in 2018. Onshore E&P activities have been a critical part
of oil and gas drilling owing to its lower cost of operation when
compared with offshore E&P activities.
The North America region led the market in 2018, followed by MEA, APAC,
Europe, and South America respectively. The market growth in North
America can be attributed to the increase in drilling activities in the
US, and the rise in demand for solids control equipment in drilling
Looking for more information on this market? Request
a free sample report
Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200