Press release
Liquid Solid Container Rental Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
MRRSE
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Liquid Solid Container Rental Market: Overview
These containers are available in various sizes and shapes. Materials used in manufacturing these containers vary according to the requirement and purpose of the use. Liquid solid containers facilitate easy storage and transportation of various products including natural gas and water.
Companies are avoiding the initial investment which has to be made in order to buy these containers, as the applications in which these containers are used have varying time durations. Moreover, these operations depend on environmental conditions as well as legal constraints. Renting these containers is helping the companies to reduce the heavy initial investment and use that amount for other important business aspects.
Liquid Solid Container Rental Market: Key Drivers and Restraints
Energy exploration is the biggest driver of liquid solid container rental market. Energy sources are scarce in the world and explorations are going on regularly to enhance production. Oil and Gas industry uses containers for processes such as fracking and purification. As these explorations take place across the world, companies avoid carrying too much instruments to reduce the costs. Renting these containers helps companies in reducing the costs.
Fracking water treatment used for fracturing shale rocks by injecting fluids into the ground to release natural gas is gaining popularity worldwide. This treatment requires 1-8 million gallons of water per fracturing job. Containers are used to carry water to the site. Approximately 400 water containers are required for one particular site. Moreover, containers are used in this process to store the waste as well as the natural gas. While using these containers, government regulations must be followed related to the spills and storage of harmful ingredients. Water fracking treatment is under scrutiny as there are various complaints related to water and soil contamination from the areas nearby fracking sites. This could prove to be the restraining factor for the liquid solid container rental market in the near future.
The ever increasing construction activities worldwide are another big source of demand for the liquid solid container rental market. Construction and energy exploration are expected to see continued growth in the near future, further increasing the demand for liquid solid containers. Entry into liquid solid container rental market is easy as there are very few barriers, presenting opportunities for companies.
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Liquid Solid Container Rental Market: Competitive Insight
Liquid solid container rental market is a niche market which has the potential to grow further due to easy market entry. Return on investment is the most important part in container rental market as initial cost can be recovered through the rent. High profits involved in liquid solid rental market is attracting new players. Companies are providing value added services along with renting the containers. Maintenance of these containers is extremely important as valuable ingredients are stored in them. Companies are providing maintenance services with other related services such as disposal and movement of solid waste and water. Container renting companies are trying to build international network enabling them to better serve their customers.
Major players in the storage networking market include COLUMBIA TANKS LLC, RPC Inc., Dragon Products, LTD, FMC Technologies, Inc., Halliburton Company, PCI Manufacturing, LLC, Manitex International, Schlumberger Limited, Troxell Company Inc. and Weatherford International Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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