Press release
Severe Environmental Repercussions of Oil Spills to Put Oil Spill Management Market on Growth Track
According to a research study by Transparency Market Research, in 2013, the global market for oil spill management was worth US$94.2 bn and is projected to reach a valuation of US$114.4 bn by the end of 2020. The market is anticipated to register a 2.80% CAGR between 2014 and 2020.
View exclusive Global strategic Business report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2451
How Have Oil Spills Risen Over the Years and What Does this Mean for the OSM Market?
The refined fuel and crude oil spills from tanker ships accidents have damaged the ecosystems in several parts of the world. Oil spills at sea are comparatively more damaging than those occuring on the land, as they can spread over hundreds of nautical miles and can cover several beaches with a thin coating of oil. The presence of oil in the sea can kill mammals, shellfish, seabirds, and other organisms they coat.
Some of the most alarming oil spills recorded in the last few decades are:
• GulfWar Oil Spill (240 mn gallons) in 1991
• Deepwater Horizon (206 mn gallons) in 2010
• Ixtoc (140 mn gallons) in 1979
• Atlantic Empress/Aegean Captain (90 mn gallons) in 1979
• Fergana Valley (88 mn gallons) in 1992
An increasing number of oil spills in the last few decades has boosted the demand for the contingent planning of the oil spill management market.
Asia Pacific to Lead Global Oil Spill Management Market
From the geographical standpoint, in 2013, North America accounted for the largest share in the global oil spill management market. Nevertheless, the Asia Pacific market for oil spill management is anticipated to grow at a fast pace in the next few years. The rapid growth of this region can be attributed to the increasing demand for doubled-hulled ships by several big shipping companies in South Korea, Japan, and China. In addition, the increased government funding and easy availability of trained labor are expected to fuel the growth of the global oil spill management market in this region.
Complete Report with TOC : http://www.transparencymarketresearch.com/oil-spill-management.html
Moreover, several South East Asian nations including Thailand, Indonesia, Vietnam, Malaysia, and the Philippines are also anticipated to grow at a fast pace in the domestic shipbuilding and repair segments.
The prominent players operating in the global market for oil spill management include SkimOil, Inc., Control Flow Inc., CURA Emergency Services, Cameron International Corporation, Ecolab Inc., GE Oil & Gas, Hyundai Heavy Industries Co., Ltd., COSCO Shipyard Group Co., Ltd., Northern Tanker Company Oy, National Oilwell Varco, and Fender & Spill Response Services L.L.C.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
90 Sate Street, Suite 700
Albany, NY 12207
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Severe Environmental Repercussions of Oil Spills to Put Oil Spill Management Market on Growth Track here
News-ID: 381229 • Views: …
More Releases from TMR-Research Reports
Chemical Mechanical Planarization Market Global Market Opportunity Assessment St …
The semiconductor wafer fabrication process includes a critical technological procedure called as chemical mechanical planarization (CMP). The top surface of the wafer is planarized or polished in this procedure to produce a flat surface that is flawless and is essential to make powerful and faster semiconductor devices. Constant improvements in chemical mechanical planarization has significantly helped in enhancing the output of semiconductor devices and that too at a fairly lesser…
Oil Storage Market Global Industry Analysis Forecast 2016 – 2024
The global oil storage market is considerably consolidated as the top five players, namely NuStar Energy L.P., Buckeye Partners L.P., Oiltanking GmbH, Kinder Morgan Inc., and Royal Vopak N.V. held over 67% of global market in 2014. Transparency Market Research (TMR) has estimated that the degree of competition will escalate due to increasing investments by some of the key market players. The threat from new entrants is expected to remain…
Biofertilizers Market Insights with Key Company Profiles - Forecast to 2025
A recent intelligence study by Transparency Market Research (TMR) suggests that the global biofertilizers market is largely fragmented, though a few companies do hold slightly dominant position via diverse product portfolio and geographical reach. The report identifies Biomax, PotashCorp Agri Life, Italpollina SpA, Bodisen Biotech, Inc., Protan AG , Novozymes A/S , T. Stanes & Company Limited, Gujarat State Fertilizers and Chemicals Ltd., Symborg S.L, Rashtriya Chemicals and Fertilizers Limited,…
Alcohol-Based Disinfectants Market Evolving Industry Trends 2020
The global alcohol-based disinfectants market is foreseen to rake in a high demand in the near future while riding on the ability of the disinfectants to efficiently eliminate germs and evaporate soon after. Besides hand sanitizing, alcohol-based disinfectants could be engaged for other applications such as food sanitization. Since a substantial count of manufacturers perform downstream activities, there could be a high degree of forward integration taking shape in the…
More Releases for Oil
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is…
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty…
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
According to Fact.MR, the sales of cooking oils are expected to increase at a steady pace during the forecast period. The global cooking oil market is projected to expand at a value CAGR of 5.5% during the period of assessment (2017-2026). Also, Fact.MR analysis has revealed that the volume sales of cooking oils is estimated to surpass 250,000,000 tons by the end of the year of assessment (2026). Health advantages associated with…
Cooking Oil Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA …
Since several years, cooking oil section in supermarkets and hypermarkets has been a crowded spot, where individuals keep choosing on several cooking oil options available that are healthy to consume. Cooking oil is an essential component in daily cooking activity, be it a restaurant or home. This, in combination with increasing population percentage, especially in emerging economies, is expected to fuel the consumption of cooking oils. However, aspects related to…
Specialty Fats and Oils Market (Product Type - Specialty Oils (Corn Oil, Sun Flo …
The global Specialty fats and Oils Market expected to reach a value of US$ 142.1 Bn by 2026. The market projected to grow at a CAGR of 6.6 % in terms of revenue during the forecast period from 2018 to 2026, according to a new research report by Transparency Market Research (TMR). The product manufactured may vary according to the end use application of processing by specialty fats and oils.…
Europe Mosquito Repellent Candles Market by Raw Material Type : Citronella Oil, …
Albany, New York, July 17, 2017 : Recent research and the current scenario as well as future market potential of "Mosquito Repellent Candles Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" globally.
Mosquito repellent candles are having huge untapped potential for growth. In contrast to the other categories of mosquito repellent products that are available in the market such as mosquito creams, liquids, coils, and…
