Stringent
government regulations for disposal of drilling fluids coupled with a
paradigm shift towards development of shale gas and deep sea reserves
is expected to drive the drilling fluids waste management market in
Latin America from 2014 to 2020. Currently, drilling fluids waste
management companies are reaping the rewards of the boom in the oil
and gas industry in Latin America.
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Drilling
activities, especially in the eco-sensitive areas of Amazon and
offshore areas of Brazil, require special attention and monitoring in
terms of disposal of drilling fluids waste. However, regulations
related to drilling fluids waste management vary in different
countries. Disposal limits of drilling fluids also depend upon the
types of drilling fluids. Thus, these may differ for oil-based,
water-based and synthetic drilling fluids.
This
report analyzes, estimates and forecasts the drilling fluids waste
management market in Latin America in terms of revenue (USD Million)
from 2012 to 2020. The report estimates revenue for major countries
in Latin America, including Argentina, Brazil and Venezuela. Apart
from geography, the report provides revenue-based segmentation in
terms of services (solid control, treatment & disposal and
containment & handling) and applications (onshore and offshore).
Furthermore, the report analyzes major driving and restraining
factors for drilling fluids waste management and highlights potential
opportunities for the drilling fluids waste management market in the
near future. Drivers, restraints and opportunities for the market are
developed after in-depth analysis of the oil and gas industry in
Latin America. Growth of the oil and gas industry in Latin America is
determined primarily by the government or state owned oil and gas
companies such as Petrobras (Petróleo Brasileiro S.A.), YPF
(Yacimientos Petrolíferos Fiscales) and PDVSA (Petróleos de
Venezuela, S.A.). The monopoly prevalent in the market directly
affects drilling fluids waste management companies operating in Latin
America. Market segmentation of the study is based on service and
application types. Services are classified into solid control,
treatment & disposal, and containment & handling.
Applications
for drilling fluids waste management are covered for both onshore and
offshore areas of Latin America. This involves further analysis of
the sub-segments of each service and application type for Brazil,
Argentina, Venezuela and others. The report is customized as per the
client’s requirement to provide an in-depth analysis of the
drilling fluids waste management market in Latin America, with
detailed analysis of countries such as Brazil, Argentina and
Venezuela. The report further offers a brief overview of drilling
fluids waste management in countries such as Ecuador, Colombia, Peru
and Bolivia, categorized under the others segment.
The
report includes detailed value chain analysis, thereby providing a
comprehensive view of major players in the drilling fluids waste
management market in Latin America. Value chain provides an analysis
of major market players active in the drilling fluids waste
management market. The study also analyzes market competition using
Porter’s five forces model and describes the impact of suppliers,
buyers, substitutes, new entrants and market competition. Porter’s
five forces model is designed based on market dynamics along with the
micro and macro economic factors that affect drilling fluids waste
management companies functioning in Latin America.
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Market
attractiveness analysis helps in estimating the most profitable
segment for investment. Market attractiveness is prepared for the
application (onshore and offshore) segment. Companies profiled in the
report include Baker Hughes Incorporated, Halliburton Company,
Schlumberger Limited, Weatherford International Limited, National
Oilwell Varco and Imdex Limited (AMC Oil and Gas). Company profiles
comprise product portfolio, financial overview (updated based on data
availability), SWOT analysis, business strategy and recent
developments.
Prices
of drilling fluids waste services are volatile in nature and change
depending upon the application and types of service segments. Prices
of overall drilling fluids waste services are expected to fluctuate,
leading to a squeeze in profit margins. The study presents a
comprehensive assessment of stakeholder strategies and winning
imperatives for them by segmenting the drilling fluids waste
management market as below:
Latin
America Drilling Fluids Waste Management Market: Service Segment
Analysis
Solid
control
Treatment
& disposal
Containment
& handling
Latin
America Drilling Fluids Waste Management Market: Application Analysis
Offshore
Onshore
Latin
America Drilling Fluids Waste Management Market: Country wise
Analysis
Argentina
Brazil
Venezuela
Others
(Rest of Latin America)
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