Market Overview:
The global oil spill management market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas, coupled with the rising number of offshore drilling activities across the globe. In addition, stringent regulations by governments and environmental agencies regarding safe handling and disposal of oil spills are also contributing to the growth of this market. The global oil spill management market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into pre-oil spill management, blowout preventer (BOP), pipeline leak detection system (PLDS), and others. The pre-oil spill management segment is expected to grow at a higher CAGR during the forecast period owing to increasing awareness among operators about safety measures that need to be taken before an incident occurs.
Product Definition:
Oil spill management is the process of preventing, mitigating, and cleaning up oil spills. The importance of oil spill management is twofold: first, it helps protect the environment from the harmful effects of oil spills; second, it helps protect businesses and individuals from the financial consequences of a spill. Proper planning and execution of an oil spill management plan can help minimize environmental damage and save money in cleanup costs.
Pre-Oil Spill Management:
Pre-oil spill management is the planned and systematic approach to anticipate, identify, contain and recover from potential oil spills in an effective manner. It comprises of four elements namely prevention, preparedness, response and recovery.
Blowout Preventer:
A blowout preventer (BOP) is a device used to seal the wellbore after a drilling operation. It works by creating and maintaining adequate pressure in the wellbore, which prevents it from collapsing. A BOP functions as an effective sealing mechanism for preventing oil or gas from coming out of the well during operations such as cementing perforations or cleaning out debris that may have accumulated in wells.
Application Insights:
Onshore was the dominant application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to growing onshore exploration activities across major economies, such as U.S., Brazil, China and Russia. Moreover, increasing demand for crude oil from onshore reserves will drive the market over the forecast period.
Offshore is expected to grow at a significant rate during the study period owing to rising investments by companies in deepwater exploration activities along with technological advancements in existing offshore fields that are currently producing oil or gas efficiently enough for their needs. Technological advancements such as autonomous ships are likely to play a crucial role in reducing operating costs while boosting production efficiency of offshore oil & gas wells significantly over next few years which will have an immense impact on market growth during future phases of development.
Regional Analysis:
North America was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The U.S., being a major oil & gas producer, has taken various initiatives for pipeline maintenance and construction, which will help reduce the number of spills in near future. For instance, according to an article published by E&E News on March 8, 2018, under a section titled ‘Pipeline Maintenance’ it was stated that ‘The Trump administration is considering new rules that would require operators to maintain certain types of pipelines for 20 years or more before they are relicensed for operation.
Asia Pacific is estimated to be one of the fastest-growing regions owing high economic development along with increasing government spending on energy infrastructure projects such as offshore wells and LNG terminals across countries such as China and India; Indonesia; Malaysia; Thailand; Vietnam among others.
Growth Factors:
- Increasing demand for oil and gas due to the growth of the global economy
- Proliferation of offshore drilling activities
- Stringent environmental regulations and their consequent enforcement by regulatory agencies
- Growing awareness about the need to adopt preventive measures against oil spills
- Technological advancements in oil spill management
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Spill Management Market Research Report
By Type
Pre-Oil Spill Management, Blowout Preventer, Pipeline Leak Detection, Others
By Application
Onshore, Offshore
By Companies
Osprey Spill Control, LLC, Ecolab, Inc., Oil Pollution Environmental Control Ltd., Oil Spill Response Limited, ACME Environmental, Expandi Systems AB, NOFI Tromso AS, CURA Emergency Services, Lamor Corporation, NRC International Holdings, Elastec, NorLense AS, Desmi AS, Chemtex, Darcy Spillcare Manufacture, Canadyne Technologies, Inc., Blue Ocean Tackle, Inc., Vikoma International Ltd., American Pollution Control Corp., Markleen AS, Terra Contracting Services LLC, Paulo eco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Oil Spill Management Market Report Segments:
The global Oil Spill Management market is segmented on the basis of:
Types
Pre-Oil Spill Management, Blowout Preventer, Pipeline Leak Detection, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Onshore, Offshore
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Osprey Spill Control, LLC
- Ecolab, Inc.
- Oil Pollution Environmental Control Ltd.
- Oil Spill Response Limited
- ACME Environmental
- Expandi Systems AB
- NOFI Tromso AS
- CURA Emergency Services
- Lamor Corporation
- NRC International Holdings
- Elastec
- NorLense AS
- Desmi AS
- Chemtex
- Darcy Spillcare Manufacture
- Canadyne Technologies, Inc.
- Blue Ocean Tackle, Inc.
- Vikoma International Ltd.
- American Pollution Control Corp.
- Markleen AS
- Terra Contracting Services LLC
- Paulo eco
Highlights of The Oil Spill Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pre-Oil Spill Management
- Blowout Preventer
- Pipeline Leak Detection
- Others
- By Application:
- Onshore
- Offshore
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil Spill Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil spill management is the process of preventing, controlling and cleaning up an oil spill.
Some of the key players operating in the oil spill management market are Osprey Spill Control, LLC, Ecolab, Inc., Oil Pollution Environmental Control Ltd., Oil Spill Response Limited, ACME Environmental, Expandi Systems AB, NOFI Tromso AS, CURA Emergency Services, Lamor Corporation, NRC International Holdings, Elastec, NorLense AS, Desmi AS, Chemtex, Darcy Spillcare Manufacture, Canadyne Technologies, Inc., Blue Ocean Tackle, Inc., Vikoma International Ltd., American Pollution Control Corp., Markleen AS, Terra Contracting Services LLC, Paulo eco.
The oil spill management market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil Spill Management Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Oil Spill Management Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Oil Spill Management Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Oil Spill Management Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Oil Spill Management Market Size & Forecast, 2020-2028 4.5.1 Oil Spill Management Market Size and Y-o-Y Growth 4.5.2 Oil Spill Management Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pre-Oil Spill Management
5.2.2 Blowout Preventer
5.2.3 Pipeline Leak Detection
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Onshore
6.2.2 Offshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil Spill Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oil Spill Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pre-Oil Spill Management
9.6.2 Blowout Preventer
9.6.3 Pipeline Leak Detection
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Onshore
9.10.2 Offshore
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pre-Oil Spill Management
10.6.2 Blowout Preventer
10.6.3 Pipeline Leak Detection
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Onshore
10.10.2 Offshore
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pre-Oil Spill Management
11.6.2 Blowout Preventer
11.6.3 Pipeline Leak Detection
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Onshore
11.10.2 Offshore
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pre-Oil Spill Management
12.6.2 Blowout Preventer
12.6.3 Pipeline Leak Detection
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Onshore
12.10.2 Offshore
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pre-Oil Spill Management
13.6.2 Blowout Preventer
13.6.3 Pipeline Leak Detection
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Onshore
13.10.2 Offshore
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oil Spill Management Market: Competitive Dashboard
14.2 Global Oil Spill Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Osprey Spill Control, LLC
14.3.2 Ecolab, Inc.
14.3.3 Oil Pollution Environmental Control Ltd.
14.3.4 Oil Spill Response Limited
14.3.5 ACME Environmental
14.3.6 Expandi Systems AB
14.3.7 NOFI Tromso AS
14.3.8 CURA Emergency Services
14.3.9 Lamor Corporation
14.3.10 NRC International Holdings
14.3.11 Elastec
14.3.12 NorLense AS
14.3.13 Desmi AS
14.3.14 Chemtex
14.3.15 Darcy Spillcare Manufacture
14.3.16 Canadyne Technologies, Inc.
14.3.17 Blue Ocean Tackle, Inc.
14.3.18 Vikoma International Ltd.
14.3.19 American Pollution Control Corp.
14.3.20 Markleen AS
14.3.21 Terra Contracting Services LLC
14.3.22 Paulo eco