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
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 2.6 Billion |
Revenue 2028: | 4.6 Billion |
Revenue CAGR (2021 - 2028): | 8.5 |
Fastest Growing Region (2022 - 2028) | 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
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
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?
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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?
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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?
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North America was the leading regional segment of the Solid Control Equipment in 2020.