Oil Spill Management Market share research by applications and regions for 2017 – 2024

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Oil Spill Management Market trends research and
projections for 2017 2024
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Global Market Scenario of Oil Spill Management
Industry

• Global Oil Spill Management Market size is
  predicted to pace at a rapid scale with rising
  safety issues towards the increasing occurrences
  of oil spill events in the recent years. Growing
  onshore and offshore drilling activities in the
  oil spill management market, have significantly
  propelled the growth in oil gas transportation
  through tankers and pipelines. Leakage associated
  with oil and gas pipelines is emerging as a
  principal concern for pipeline and tanker
  companies owing to the costs involved including
  lawsuits, clean-up costs, restoration costs. In
  2010, the largest onshore oil spill occurred in
  the U.S. with over 3 million liters of heavy
  crude oil into a tributary of the Kalamazoo River
  in Michigan.
• Stringent government regulations and safety norms
  towards controlling occupational threats and
  hazards in petroleum production and
  transportation facilities are estimated to
  strengthen the oil spill management market in the
  coming years. Numerous initiatives are mandated
  by national governments and safety institutions
  including Occupational Safety and Health
  Administration (OSHA) and National Institute of
  Environmental Health Sciences (NIESHS) to prevent
  and control the oil leakages during
  transportation or at source. OSHA collaborated
  with the NIEHS to ensure that workers
  participating in an oil spill response and
  cleanup receive appropriate training and
  protective equipment.

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• The global oil spill management market can be
  segmented based on technology into post-oil spill
  and pre-oil spill. Pre-oil spill employs blowout
  preventers, double hulling and pipeline leak
  detection. Increase in worldwide drilling
  activities fueled by growing demand for energy
  for industrial development is a substantial
  factor in driving the demand for pressure control
  equipment including blowout preventers (BOPs).
• Reasons to Buy This Report
• 1. Oil Spill Management Market size
  share forecast by product application,
  2017-2024
• 2. Growth drivers, pitfalls industry
  challenges
• 3. Oil Spill Management Market growth
  opportunities emerging business models
• 4. Competitive benchmarking with market
  share analysis and company profiles
• Pre-spill management dominates the industry with
  double hull technology accounting for a major
  share of the global oil spill management market
  in 2015. Oil spill statistics reported that
  double hulled tankers spill less than, double
  sided tankers, pre-MARPOL single hull tankers and
  double bottom tankers. The post-oil spill segment
  includes mechanical, chemical, physical and
  biological technologies. Advancement in research
  and development towards oil spill management
  market, particularly innovation of microbial
  cleaning of oil spill is anticipated to augment
  the industry.
• The oil spill management market can be
  categorized into offshore and onshore activities.
  Prime offshore locations include Gulf of Alaska
  Gulf of Mexico in North America, the Persian Gulf
  in the Middle East and the North Sea in Europe.

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