Global Drilling Mud Desander and Desilter Market 2019-2023 | Advances in Solids Control Equipment to Boost Demand | Technavio

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
facilities.

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Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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