Latin America Drilling Fluids Waste Management Market 2014 – 2020

The Latin America drilling fluids waste management market is exhibiting a CAGR of 12.60% between 2014 and 2020. This market is expected to reach US$945.3 mn by the end of 2020 and was recorded at US$413.4 mn in 2013, according to a research report released by Transparency Market Research.

In-depth research report on Latin America Drilling Fluids Waste Management Market with Full TOC at : http://www.transparencymarketresearch.com/drilling-fluids-waste-management.html

According to the report, the Latin America drilling fluids waste management market is primarily driven by the increasing production and exploratory activities in the region. The large increase in drilling activities has created a greater need for the waste management strategies to protect the regional landscape and its flora and fauna.The Latin America drilling fluids waste management market benefits greatly from the strict government mandates that require all drilling activities to be retrofitted with waste management systems.

However, the Latin America drilling fluids waste management market does suffer from setbacks, the biggest of which is the operational challenges faced by drilling companies in adopting drilling fluids waste management services.The report’s geographical segmentation of the Latin America drilling fluids waste management market reveals Brazil to be the market leader for 2013 owing to the country’s large-scale drilling activities on offshore reserves. Brazilian oil companies are also receiving greater investments, which allow them to command a significant share in the Latin America drilling fluids waste management market.

The report claims that Argentina will close up the gap between itself and Brazil in the Latin America drilling fluids waste management market in the near future. The region’s market is expected to benefit from multiple impending government schemes that are aimed at production of shale gas and the exploration of additional shale gas reserves.The report also provides a service-wise segmentation of the Latin America drilling fluids waste management market, which reveals the dominant segment to be treatment and disposal. The treatment and disposal segment held more than 35% of the Latin America drilling fluids waste management market in 2013. This leading market share has been attributed to strengthening governmental control over the disposal of waste from drilling activities.

Get Inquiry About Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3022

In terms of applications, the Latin America drilling fluids waste management market was dominated by offshore drilling, which held over 55% of the market in 2013.The key players in the Latin America drilling fluids waste management market are Baker Hughes Incorporated, Imdex Limited, Weatherford International Ltd., National Oilwell Varco, Halliburton Company, and Schlumberger Limited. The report explains how brand image plays an important part in the global drilling fluids waste management market, as services are availed on a contractual basis.

Key segments of the Latin America Drilling Fluids Waste Management Market

Latin America Drilling Fluids Waste Management Market: Service Segment Analysis

  • Solid control
  • Treatment & disposal
  • Containment & handling

Latin America Drilling Fluids Waste Management Market: Application Analysis

  • Offshore
  • Onshore

Latin America Drilling Fluids Waste Management Market: Country wise Analysis

  • Argentina
  • Brazil
  • Venezuela
  • Others (Rest of Latin America)

Browse TMR Blog Energy Reports : http://www.tmrblog.com/search/label/Energy

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr.Nachiket

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Web: http://www.transparencymarketresearch.com/

Visit : http://tmrmarketreports.wordpress.com/