© 2016 Global Market Insights, Inc. USA. All Rights Reserved Oil Spill Management Market trends research and projections for 2017 – 2024

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  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. Global Oil Spill Management Market  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. Global Market Scenario of Oil Spill Management Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  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, 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 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. Continue…

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