Showing posts with label Asia Pacific drilling waste management market. Show all posts
Showing posts with label Asia Pacific drilling waste management market. Show all posts

Monday, April 13, 2015

Asia Pacific Waste Management in Drilling Market Is Estimated to reach $1.1 Billion by 2018

Oil and gas exploration activities require extensive drilling in the earth’s crust to extract crude oil and natural gases. The outcome of this drilling activity is mainly crude oil and drilling mud.


This drilling mud includes drilling fluids and materials obtained from the earth’s crust, such as sand, rocks, and drill cuttings among others. Drill mud and drill cuttings are harmful to the environment, and hence its management becomes a matter of prime concern. These environmental impacts are mainly caused due to emissions that are generated during drilling operations. The increasing demand of environmental protection and avoiding the contamination of drilling fluids has given rise to the concept of waste management in drilling operations.
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Waste Management Market Major Developments and Competition Landscape by 2029

The Global   Waste Management Market   is projected to reach USD 1598.1 billion by 2029 from an estimated USD 1219.6 billion in 2024, at a C...