Allied Market Research

2024

Solid Control Equipment Market

Solid Control Equipment Market Size, Share, Competitive Landscape and Trend Analysis Report by Type and by End Use Industry : Global Opportunity Analysis and Industry Forecast, 2023-2032

EP : Equipment and Devices

Select an option
Author's: | Eswara Prasad
Publish Date:

Get Sample to Email

 Solid control is a process to separate the solid fragments present in the drilling fluids that are crushed by the drill bits and carry them out of the will surface. Generally, a solid control process is done in five stages or layers namely the mud tank, shale shaker, vacuum degasser, desander, desilter, and centrifuge. In each of these different stages, fragments of different sizes varying from 75 micrometer to 44 micrometer are separated from the drilling fluid. The solid control equipment play a vital role in the drilling industry as they prevent the solid waste from mixing with the drilling fluid. The solid control equipment also has a great significance in the waste management during the drilling activities.

Market scope and structure analysis :

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Industry Vertical, and Region

  Geographies covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa (Saudi Arabia, UAE, Kuwait, South Africa, and Rest of MEA)

  Companies covered

Aker Solutions, BHGE, Clean Harbors, Inc., Derrick Corporation, GN Solids Control, Halliburton, IMDEX LIMITED, Schlumberger Limited, and National Oilwell Varco.

 

COVID-19 scenario analysis:

The outbreak of the COVID-19 pandemic has severely affected the global solid control equipment market to a great extent.

  • Due to the nationwide lockdowns imposed by the governments to contain the virus, the demand for crude oil and petroleum decreased drastically. As a result the major oil and gas companies were forced to reduce the drilling activities, which caused a reduction demand for solid control equipment in the market.
  • Moreover, several companies had to reduce their drilling activities due to the lack of workforce caused by the stringent regulations on national and international transport. This has also affected the global solid control equipment market to a great extent.

Top impacting factors: Market Scenario Analysis, Trends , Drivers and Impact Analysis

The major factor that drives the growth of the solid control equipment market is the rise in demand for efficient and environment friendly drilling processes. The solid control equipment not only helps in West control during the drilling process but also reduces the overall cost of drilling and minimizes the applications of synthetic drilling fluids. On the other hand, with the increase in global population, there is a rise in demand for drinking water around the world, which also plays a major role in increasing the number of drilling activities. As a result, the major companies are concentrating on innovations to introduce more efficient solid control equipment, which is expected to boost the growth of the global market during the forecast period. However, the high cost of capital for incorporating solid control equipment is anticipated to hinder the growth of the market.

The market in the North America region holds a significant share of the global solid control equipment market due to the increase in number of offshore drilling activities and explorations by the developed nations 

Key segments covered:

Segments

Sub-segments

  Type

  • Shale shaker
  • Mud cleaner
  • Mud agitator
  • centrifuge
  • Desander
  • Desilter
  • Others

  Industry Vertical

  • Oil & gas industry
  • Offshore
  • Onshore
  • Construction and infrastructure
  • Energy
  • Mining
  • Groundwater
  • Others


Key benefits of the report:

  • This study presents the analytical depiction of the global solid control equipment 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 solid control equipment market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global solid control equipment market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global solid control equipment market analysis based on competitive intensity and how the competition will take shape in coming years.

Solid Control Equipment Market Report Highlights

Aspects Details
icon_5
By Type
  • Shale Shaker
  • Mud Centrifuges
  • Mud Cleaners
  • Desander and Desilter
  • Others
icon_6
By End Use Industry
  • Oil and Gas
  • Construction and Infrastructure
  • Energy and Power
  • Mining
  • Others
icon_7
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Rest of LAMEA)
icon_8
Key Market Players

Schlumberger Limited, National Oilwell Varco, IMDEX LIMITED, Halliburton, Aker Solutions, Kosun Machinery Co., Ltd., GN Solids Control, BHGE, Derrick Corporation, Clean Harbors, Inc.

Key Market Players

Scomi Group Bhd, Secure Energy Services Inc., Weatherly International plc, Others

Loading Table Of Content...

Individual sections of the reports are available for purchase.
Would you like to see a breakdown of prices by section?

Solid Control Equipment Market

Global Opportunity Analysis and Industry Forecast, 2023-2032