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Solid Control Equipment Market

Solid Control Equipment Market

Solid Control Equipment Market Global Industry Assessment & Forecast

# Pages:

151

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0494

Segments Covered
  • By Type Shale Shaker, Desander, Desilter, Vacuum Degasser, Centrifuge, Others
  • By Location of Deployment Onshore, Offshore
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 2.6 Billion
Revenue 2028Revenue 2028: 4.6 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 8.5
Fastest Growing Region 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
  • 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%.

  • The prominent players in the market are Schlumberger (U.S.), GN Solid Control (China), Weatherford (Ireland), Halliburton (U.S.), Derrick Equipment Company (U.S.)..

  • The market is project to grow at a CAGR of 8.5% between 2021 and 2028.

  • 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.

  • North America was the leading regional segment of the Solid Control Equipment in 2020.