Solid Control Equipment Market

Solid Control Equipment Market by Type (Shale Shaker, Desander, Desilter, Vacuum Degasser, Centrifuge, Others) by Location of Deployment (Onshore, Offshore) , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa): Global Market Assessment, 2021 – 2028

Frequently Asked Questions

  • 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.

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