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Shale Shakers Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
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Request Now !Shale shaker is a vigorous vibrating instrument, which is used to extract mud or eliminate unwanted solids from fracking mud, as it improves the economy in mining, coal, and rigs. Shale shaker is used in oil & gas drilling applications, and are also applicable in plastic, chemical, coal cleaning, and mining industries. The shale shaker is an essential waste handling equipment. It serves as an essential tool in a solid control system where large solid fragments are extracted from drilling fluid in a drilling rig. It plays a crucial role in lowering the costs associated with drilling fluids, which is one of the key benefits. The linear motion shale shaker is used among the technologies in oil & gas applications for drilling mud solid control.
Market scope and structure analysis
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast unit | Value (USD) |
Segments covered | Type, Drive System, Application, and Region |
Regions covered | North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and the Rest of LAMEA) |
Companies covered | DEL Corporation, Derrick Corporation, GN Solids Control, Halliburton, KEMTRON Technologies, Inc., National Oilwell Varco, Petropath Fluids (India) Pvt. Ltd., Schlumberger Limited, Shan Dong LanDaPetroleum Equipment LLC, and SKF |
Key drivers of global shale shakers market
Increase in number of drilling and manufacturing activities for oil & gas has driven market growth for shale shakers. Shale shakers handle the solids control systems. These are used in oil & gas drilling for cleaning the drilling fluid. They remove the drilling liquid from large solid waste practice so it can be recycled and reused. The major factor that boosts the demand for shale shakers is that they exhibit high performance capability and efficiency in separation of solids. End users are seeking for advanced shale shakers with fewer screens to boost their efficiency and minimize operating budgets.
Market scenario: opportunities and challenges
Rise in natural gas consumption is a major factor, as it reinforces the manufacturing activities, which positively impact the growth of the global shale shakers market. Exploration and production of oil & gas and drilling have seen massive growth over the last decade, but construction of shale shaker for solid removal of mining, plastics, sand, dirt, pulp, and precious metal waste disposal would have a higher growth rate. Increase has been witnessed in the adoption of dual deck and triple deck shale shakers, as they offer higher efficiency in solid separation, which is anticipated to provide lucrative opportunities for the expansion of the global market. However, the major challenge for the market of shale shakers is the trade war between China and the U.S., as they are among the world's leading oil & gas producing nations.
Key segments covered
Segment | Subsegment |
Type |
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Drive System |
|
Application |
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COVID-19 scenario analysis
Owing to the outbreak of the COVID-19 pandemic, the global shale shaker market is expected to witness a slowdown during the next couple of years. This is attributed to the shutdown of factories across all cities and provinces, globally, leading to predictions of a sharp slowdown. In addition, recent decline in mining industry is one of the key factors that is likely to negatively impact the growth the shale shaker market. Thus, companies are dealing with missing sales and disrupted supply chains, as production activities are shutdown.
Key benefits of the report
- This study presents the analytical depiction of the global shale shakers industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global shale shakers market share.
- The current market is quantitatively analyzed from 2019 to 2027 to highlight the global shale shakers market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the global shale shakers market research report:
- Which are the leading market players active in the global shale shakers market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
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