
Solid Control Equipment Market
Solid Control Equipment Market Global Industry Assessment & Forecast
Segments Covered
By Type Shale Shaker, Desander, Desilter, Vacuum Degasser, Centrifuge, Others
By Location of Deployment Onshore, Offshore
Snapshot
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2021 - 2028 |
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2016 - 2020 |
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2.6 Billion |
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4.6 Billion |
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8.5 |
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North America |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
Key Insights
The
global Solid Control Equipment market was valued at USD 2.6 Billion in 2020 and is
projected to reach USD 4.6 Billion by 2028, growing at a CAGR of 8.5%
from 2021 to 2028.

Years | Parameters |
---|---|
Historical Data (Actual Data) | 2016-2020 |
Base Year Data | 2020 |
Current Year Date | 2021 |
Projected year data | 2021-2026 |
Annual Market Size (2028) | 4.6 Billion |
Annual Market Size (2021) | |
CAGR (2021 - 2028) | 8.5% |
Definition And Overview
The solids control comprises of three: shale shakers, hydrocyclones (Desander and Desilter), and centrifuge. The introduction of flow distributor tank at the end of the flowline and redistribute the mud through lines to respective shale shakers is designed to optimize the mud flow performance.
The global Solid Control Equipment market is segmented based on by Type, Location of Deployment, Regions, and Countries. This report provides an analysis of the global Solid Control Equipment market for the historic period of 2016–2019 and forecasts for 2021–2028 while 2020 is considered as a base year for estimations. The report covers exhaustive analysis on the global Solid Control Equipment industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. The report provides a detailed study on various product types and their applications in different industry verticals at the global/regional/country level. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments have been analyzed based on present and future trends. The research study provides complete assessment of the market on the basis of competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 with forecast from 2021 to 2028.
COVID-19 Impact Analysis
COVID-19
pandemic led to government of numerous countries across the globe to impose stringent
lockdown measures during the primary stages. This led to numerous challenges owing
to the supply chain. However, the market witnessed steady growth over the later
stages as the governments lifted restrictions on construction activities. Impact
of COVID-19 on the market demand is considered while estimating the current and
forecast market size and growth trends for all the regions and countries. The
report provides a completely separate chapter for COVID-19 Impact Analysis.
This chapter includes: o Impact Assessment of COVID-19
Pandemic o Pre & Post COVID-19
Market Size o Qualitative analysis on the
short term & long-term impact of COVID-19 on the market
o
The
analysis provides foremost strategies adopted by competitors to minimize the
impact of the pandemic on their business activities and scope for future
developments.
Industry Analysis
The solid control equipment market is majorly driven by recent practice of the environment-friendly drilling concept, reduction in cost as well as adoption of the control measures for solids, as well as the utilization of synthetic fluids in the drilling fluids, higher demand of solid control equipment for controlling waste during drilling process is boosting the solid control equipment market across the world.
The increasing urbanization in the developing nations as well as in increase of exploration activitity is globally expected to boost demand for the solid control equipments. Furthermore, increasing demand for drinking water all over is leading the increase in number of drilling activities and supporting the growth of the market over the forecast period.
The environmental norms are restricting such activities like drilling, with this, the adverse weather conditions are holding the market back. Additionally, higher requirment of capital cost is another factor hindering the grwoth of solid control equipment market.
Parameter | Details |
---|---|
Market Size Provided for Years | 2016-2028 |
Base Year | 2020 |
Historic Years | 2016-2020 |
Forecast Years | 2021-2028 |
Market Size Provided In Terms Of | Revenue & Volume |
Segments Covered | Type, Location of Deployment |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Countries Covered | The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others |
Companies Covered | Schlumberger (U.S.), GN Solid Control (China), Weatherford (Ireland), Halliburton (U.S.), Derrick Equipment Company (U.S.). |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
Product Analysis Preview
Type
Analysis: Preview On the basis of Type,
the market is segmented into Shale Shaker, Desander, Desilter, Vacuum Degasser, Centrifuge, Others. Centrifuge held the highest
share in the global Solid Control Equipment
market and is projected to witness the same trend during the forecast
period. Companies in this
sector are opting to advanced technologies in their supply chain to cater the
end user requirements effectively. Location of Deployment
Analysis: Preview
Based on Location of Deployment,
the market is segmented into Onshore, Offshore. Offshore accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Solid Control Equipment Market: Type Segment Analysis
-
- Shale Shaker
- Desander
- Desilter
- Vacuum Degasser
- Centrifuge
- Others
Global Solid Control Equipment Market: Location of Deployment Segment Analysis
-
- Onshore
- Offshore
Regional Analysis Preview
Based
on region, the global Solid Control Equipment market is segregated into North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa. North America
region led the market with the largest share in 2020. Some of the key countries
contributing to the surge in the market are the U.S., U.K., Germany, France,
China, India, Japan, and South Korea. Developing economies in the Asia Pacific
region such as China and India are expected to make notable contributions in
the growth over the coming years. Thus, it is expected that the Solid Control Equipment market
is anticipated to rise over the forecast timespan.
Market Size, 2021 (USD Billion)
Global Solid Control Equipment Market: Regional Analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Competitive Landscape
The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Solid Control Equipment market are Schlumberger (U.S.), GN Solid Control (China), Weatherford (Ireland), Halliburton (U.S.), Derrick Equipment Company (U.S.).. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.
Global Solid Control Equipment Market: Key Highlights
- The global Solid Control Equipment market was valued at USD 2.6 Billion in 2020
- The global Solid Control Equipment Market is projected to reach USD 4.6 Billion by 2028
- North America held the highest share of the Solid Control Equipment market in 2020
- Some of the major companies operating in the Solid Control Equipment market are Schlumberger (U.S.), GN Solid Control (China), Weatherford (Ireland), Halliburton (U.S.), Derrick Equipment Company (U.S.).
FAQ
Frequently Asked Question
What is the global demand for Solid Control Equipment in terms of revenue?
-
The global Solid Control Equipment valued at 2.6 Billion in 2020 and is expected to reach 4.6 Billion in 2028 growing at a CAGR of 8.5%.
Which are the prominent players in the market?
-
The prominent players in the market are Schlumberger (U.S.), GN Solid Control (China), Weatherford (Ireland), Halliburton (U.S.), Derrick Equipment Company (U.S.)..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.5% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Solid Control Equipment include
- The solid control equipment market is majorly driven by recent practice of the environment-friendly drilling concept, reduction in cost as well as adoption of the control measures for solids, as well as the utilization of synthetic fluids in the drilling fluids, higher demand of solid control equipment for controlling waste during drilling process is boosting the solid control equipment market across the world.
- The increasing urbanization in the developing nations as well as in increase of exploration activitity is globally expected to boost demand for the solid control equipments. Furthermore, increasing demand for drinking water all over is leading the increase in number of drilling activities and supporting the growth of the market over the forecast period.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Solid Control Equipment in 2020.