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Global Mud Bucket for Oil & Gas Market - Competition Forecast & Opportunities, 2027

Global Mud Bucket for Oil & Gas Market - Competition Forecast & Opportunities, 2027

  • September 2022
  • 113 pages
  • ID: 6320922
  • Format: PDF
  • TechSci Research

Summary

Table of Contents

Global Mud Bucket for Oil & Gas Market By Location (Onshore, Offshore), By Type (Hydraulic, Pneumatic), By Well Type (Horizontal, Vertical), By Height (6 Feet, 4 Feet, 3 Feet), By Region, Competition Forecast & Opportunities, 2027

The global mud bucket for oil & gas market is projected to grow at a significant CAGR during the forecast period, 2023-2027.The market growth can be attributed to the rising concerns for mud spills during oil excavation activities.

Besides, increasing demand for the safety and security of the oil production to ensure maximum excavation and reduce oil loss is anticipated to boost the global mud bucket for oil & gas market in the coming years.
A mud bucket is a receptacle used to store drilling fluids and slurry that is released during the unscrewing of drill pipes.The equipment is a safety mechanism that guarantees that no oil, drilling fluids, or slurry leaks during the oil excavation, hence protecting the safety of the drill floor crew and the surrounding environment.

Oil spills are a serious source of concern for the diminishing environment. Mud buckets are preventative gear that saves the environment from pollution caused by excessive oil spills, therefore keeping the environment safe and avoiding any unintentional falls or oil waste during the excavation method.
The increasing amount of inadvertent oil spilled on the floor, onshore, or in waterbodies during offshore oil extraction activities are driving up demand for mud buckets.Avoiding oil spills and rising concerns about the negative impact of oil spills is expected to boost the expansion of the global mud bucket for oil and gas industry in the next five years.

Despite the fact that oil spills have dropped significantly in recent decades, worries remain the same since oil spills result in significant financial losses as well as environmental deterioration.
Oil spills in water are even more problematic since spilled oil in the oceans has a significant impact on marine life.The spilt oil produces a thick coating over the water bodies, preventing sunlight from reaching beneath and harming marine life.

Fouling affects sea creatures because the oil covers them, preventing them from moving or breathing and ultimately killing them. Also, oil toxicity is a primary source of serious health issues in marine life, and sea food that is subsequently taken by people causes health problems in them as well.
The global mud bucket for oil & gas market is segmented on the basis of location, type, well type, height, regional distribution, and competitive landscape.Based on location, the market is divided between onshore and offshore location.

The onshore location is expected to dominate the global mud bucket for oil & gas market, owing to the increasing concerns regarding oil spills over drill floors and rising onshore reservoirs.
Major players operating in the global mud bucket for oil & gas market are Forum Energy Technologies Inc., Sub-drill Supply Limited, Schlumberger Limited, Autobahn Industries, Janki Oil Tools, Drilltech Group, Hot-Hed International, Machine Tech Services, Ray Oil Tool Co., among others.

Years considered for this report:

Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F

Objective of the Study:

• To analyze the historical growth in the market size of the global mud bucket for oil & gas market from 2017 to 2021.
• To estimate and forecast the market size of global mud bucket for oil & gas market from 2022E to 2027F and growth rate until 2027F.
• To classify and forecast the global mud bucket for oil & gas market based on location, type, well type, height, region, and company.
• To identify the dominant region or segment in the global mud bucket for oil & gas market.
• To identify drivers and challenges for the global mud bucket for oil & gas market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global mud bucket for oil & gas market.
• To identify and analyze the profiles of leading players operating in the global mud bucket for oil & gas market.
• To identify key sustainable strategies adopted by market players in global mud bucket for oil & gas market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the globe.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the manufacturers who could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of the Global mud bucket for oil & gas market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global mud bucket for oil & gas market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Mud Bucket For Oil & Gas Market, By Location:
o Onshore
o Offshore
• Mud Bucket For Oil & Gas Market, By Type:
o Hydraulic
o Pneumatic
• Mud Bucket For Oil & Gas Market, By Well Type:
o Horizontal
o Vertical
• Mud Bucket For Oil & Gas Market, By Height:
o 6 Feet
o 4 Feet
o 3 Feet
• Mud Bucket For Oil & Gas Market, By Region:
o North America
United States
Mexico
Canada
o Europe
France
Germany
United Kingdom
Italy
Spain
Poland
Denmark
o Asia-Pacific
China
India
Japan
South Korea
Australia
Singapore
Malaysia
o Middle East & Africa
South Africa
Saudi Arabia
UAE
Iraq
Turkey
o South America
Brazil
Argentina
Colombia
Peru
Chile

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global mud bucket for oil & gas market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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