North America is to dominate the Global Shale Shakers Market till 2026
Growing demand for oil &
drilling operations and technological advancements are expected to drive the demand
for global shale shakers market in forecast period.
According to TechSci Research report, “Global Shale
Shakers Market By Product Type (Mini, Single Deck, Double Deck, Triple
Deck), By Motion Type (Linear motion, Balanced elliptical motion, Circular
motion) By Installation (Newly Installed, Retrofitted), By Drive System
(Electrically Driven, Belt Driven), By Application (Coal Cleaning, Mining, Oil
and Gas Drilling, Chemical and Petrochemical, Plastics &Others), By Region,
Company Forecast & Opportunities, 2026”, the global shale shakers
market is expected to witness steady growth in the forecast period. Shale
shakers are used in the petrochemical industry and can also be used in the
plastics, coal cleaning, mining, and chemical industry. Drilling fluid is used
for the lubrication and cooling process of the drill bit and is made by mixing
chemicals in a water or oil-based solution. To lower the expenses and owing to
the rising environmental concerns, the drilling liquid is treated for re-use
purposes. Shale shakers help in the cleaning of drilling fluid. Shale shakers
are a kind of vibrating instrument and eliminate the unwanted solids from the
fracking muds and thereby aids in lowering the costs in mining and coal
industries. The use of shale shaker, desander, and desilter together as a
single unit is in high demand across various industry verticals. The rise in
the adoption of shale shakers in offshore drilling platforms is influencing the
global shale shakers market growth.
The COVID-19 outbreak across the world which has been
declared as a pandemic by World Health Organization has affected several
countries adversely. Coronavirus-affected patients started suffering from
shortness of breath along with coughing and sneezing and started showing other
severe symptoms. Leading authorities around the globe imposed lockdown
restrictions and released a set of precautionary measures to contain the spread
of novel coronavirus. The manufacturing units were temporarily suspended to
curb the growth of the coronavirus infection. Workers moved back to their
native places which created the shortage of workforce at the manufacturing
units thereby leading to the market decline. The disruption in the supply chain
was observed owing to the restrictions on the import and export activities
which negatively affected the growth of the global shale shakers market during
this period.
However, the trade war between the major oil and gas
producing nations may restrain the growth of the global shale shakers market in
the forecast period.
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Global
shale shakers market is segmented into product type, motion type, installation,
drive system, application, regional distribution, and company. Based on the
motion type, the market can be divided into linear motion, balanced elliptical
motion, and circular motion. The linear motion shale shakers are expected to
account for major market share in the forecast period, 2022-2026. Linear motion
shale shakers are used in oil and gas drilling applications and drilling mud
solid control. These have a compressed structure, have a widescreen area, and
are cost-effective to use. Based on application, the market can be divided into
coal cleaning, mining, oil and gas drilling, chemical and petrochemical,
plastics & others. The oil and gas drilling segment are expected to witness
growth in the predicted period due to huge energy requirements from different
industry verticals. The growing automotive industry and infrastructural
developments of developing countries are contributing to the growth of the
segment.
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 are the leading players operating in global shale
shakers market. Manufacturers are increasingly focusing on research and
development process to fuel higher growth in the market. To meet evolving
customer demand with respect to better efficiency and durability, several shale
shakers manufacturers are coming up with their technologically advanced
offerings.
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“The
growing demand for natural gas owing to the rise in manufacturing activities
and infrastructural development around the globe is driving the global shale
shakers market growth. Market players are introducing advanced shale shakers
with fewer screens to increase the efficiency and performance and reduce the
operational costs and the growing applications of the shale shakers for solid
removal in different industry verticals including powder, sand, plastic, water
disposal, mining of precious metals, amongst others is expected to create
lucrative opportunities for the global shale shakers market growth till 2026” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Global Shale Shakers
Market By Product Type (Mini, Single Deck, Double Deck, Triple Deck), By Motion
Type (Linear motion, Balanced elliptical motion, Circular motion) By
Installation (Newly Installed, Retrofitted), By Drive System (Electrically
Driven, Belt Driven), By Application (Coal Cleaning, Mining, Oil and Gas
Drilling, Chemical and Petrochemical, Plastics &Others), By Region, Company
Forecast & Opportunities, 2026” has
evaluated the future growth potential of global shale shakers market and
provided statistics & information on market size, shares, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of global shale shakers
market.
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