Market Research Report
Global Shale Shakers Market, By Product Type, By Motion Type By Installation \, By Drive System, By Application, By Region, Competition, Forecast & Opportunities, 2026
|Global Shale Shakers Market, By Product Type, By Motion Type By Installation \, By Drive System, By Application, By Region, Competition, Forecast & Opportunities, 2026|
Published: September 1, 2021
Content info: 116 Pages
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Global shale shakers market is expected to grow at a significant rate in the forecast period. Shale shaker is a crucial waste handling equipment. It is a vital tool in a solid control system in which the large solid fragments are extracted from drilling fluid in a drilling rig. The high demand from the petrochemical, plastics, chemicals, mining industries and the benefits of using shale shakers is the major driver of the global shale shakers market growth in the next five years. The shale shakers are an economical tool to lower the costs relating to the drilling fluids and thereby are in high demand in the end-user industries. The growing population around the globe is creating the need for more energy production. The surge in the number of drilling and manufacturing activities in the oil & gas industry is contributing significantly to the global shale shakers market growth. Shale shakers handle the solid control systems and are extensively used in the oil and gas industry to clean the drilling fluid in an economical way. These remove the drilling liquid from the large solid waste practice so that it can be reused and recycled efficiently. Shale shakers are highly efficient and exhibit high-performance capability in separating the solid waste from the drilling liquid thereby is in high demand across various industry verticals. The growing number of infrastructural development projects create huge energy requirements which in turn is influencing the growth of the shale shakers market.
Global shale shakers market is segmented into product type, motion type, installation, drive system, application, regional distribution, and company. Based on the regional analysis, North America followed closely by the Asia-pacific region is expected to dominate the market in the forecast period, 2022-2026. The presence of the key players in these regions and the growing number of exploring activities for shale gas, methane, and coal beds is expected to drive the growth of the shale shakers market in the next five years. The major players operating in the global shale shakers market are Del Corporation, Derrick Corporation, GN Solids Control, Halliburton Company, KEMTRON Technologies, Inc., National Oilwell Varco, Petropath Fluids (India) Pvt. Ltd., Schlumberger Limited, Shan Dong LanDa Petroleum Equipment LLC, Weatherford International plc, and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global shale shakers market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types 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 TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global shale shakers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in global shale shakers market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: