Oil Spill Management Global Market Report 2024

Description

Oil Spill Management Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on oil spill management market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for oil spill management? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The oil spill management market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Pre-Oil Spill Management; Post-Oil Spill Management
2) By Response Technique: Mechanical Containment and Recovery; Chemical Recovery; Biological Recovery
3) By Application: Offshore; Onshore
Companies Mentioned: Ecolab; National Oilwell Varco; Northern Tanker Company; SkimOil LLC; Hyundai Heavy Industries Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Oil spill management encompasses the procedures aimed at minimizing the size and environmental impact of an oil spill by employing methods such as chemical dispersion, combustion, mechanical containment, and adsorption.

Within oil spill management, two primary categories exist such as pre-oil spill management and post-oil spill management. Pre-oil spill measures involve deploying tools like leak detection systems for pipelines, blowout preventers, and double hulls for prevention. Various response techniques include mechanical containment and recovery, chemical recovery, and biological recovery that are employed for both offshore and onshore applications.

The oil spill management market research report is one of a series of new reports from The Business Research Company that provides oil spill management market statistics, including oil spill management industry global market size, regional shares, competitors with a oil spill management market share, detailed oil spill management market segments, market trends and opportunities, and any further data you may need to thrive in the oil spill management industry. This oil spill management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The oil spill management market size has grown steadily in recent years. It will grow from $145.28 billion in 2023 to $151.12 billion in 2024 at a compound annual growth rate (CAGR) of 4.0%. Historical growth factors include significant oil spill incidents, heightened environmental concerns and regulations, active research and development initiatives, industry readiness in responding to such events, and increased public awareness and advocacy for environmental issues.

The oil spill management market size is expected to see steady growth in the next few years. It will grow to $178.98 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. Forecasted growth is expected to stem from the integration of big data and analytics, the expansion of remote sensing techniques, heightened investments in safety measures for offshore oil exploration, growing market demand for environmentally friendly solutions, and ongoing innovations in remediation strategies. Anticipated trends encompass advancements in oil spill detection technologies, the development of innovative cleanup methodologies, integration of robotics and AI applications, collaborative industry initiatives, and a pronounced emphasis on environmental impact assessments.

The surge in offshore and onshore drilling activities is poised to drive the expansion of the oil spill management market. Onshore drilling involves the creation of oil fields, gas deposits, and geothermal energy sources on land, while offshore drilling encompasses drilling beneath the seafloor. Oil spill management serves to mitigate spills from wells, curbing their environmental impact. For instance, data from the Oil & Gas Journal in March 2021 revealed a projected increase in onshore drilling activity, from 46,000 wells in 2020 to an estimated 51,700 wells in 2021, followed by an expected rise of 19% in 2022 to reach around 61,700 wells. Additionally, Rystad forecasts a 10% year-over-year increase in offshore drilling in both 2021 and 2022. Consequently, the uptick in offshore and onshore drilling activities is expected to fuel the oil spill management market's growth.

The escalation in marine vessel traffic is anticipated to bolster the oil spill management market. Marine vessels refer to sea-related items and ships. With increased vessel movement, the risk of oil spills has risen, underscoring the vital role of effective oil spill management in safeguarding the environment and marine ecosystems. For example, according to data published by the American Journal of Transportation in January 2023, Maritime Exchange data indicated a 4% increase, with 2,398 ships arriving at Delaware River port facilities compared to the preceding year. Hence, the upsurge in marine vessel movement is driving the oil spill management market.

Technological progress stands as a prominent trend in the oil spill management market. Key industry players are dedicated to pioneering technology to fortify their market presence. In April 2022, the Commonwealth Scientific and Industrial Research Organization (CSIRO) introduced innovative oil spill response technology that eliminates microscopic oil particles. This technology involves a specially coated sponge layered with a polystyrene-based polymer and a superhydrophobic polymer. The sponge repels water but efficiently separates oil from water emulsions, allowing the oil to be absorbed by the sponge while the water is extracted. This method proves effective in situations where oil concentrations in water are extremely low yet environmentally harmful. Even at concentrations below 1000 ppm, hydrophobic sponges effectively separate oil from water.

Major enterprises in the oil spill management domain are dedicated to product advancements to maintain their market standing. Product development encompasses the process of creating, designing, and introducing new products or services to the market. For instance, in August 2021, Oil Spill Response Limited (OSRL) launched a new global offshore emergency response service tailored to the needs of the offshore oil and gas industry. The service offers various response options, including incident management, oil spill response, and well capping, catering to offshore emergencies.

In March 2021, Lamor Corporation, a Finland-based company specializing in environmental services and products, completed the acquisition of Harbo Technologies for an undisclosed sum. This strategic move aimed to enhance cleanup efficiency by integrating Harbo's pioneering oil spill first response system. The acquisition notably bolsters Lamor's portfolio of response products and solutions, augmenting its capabilities with Harbo's rapid response oil spill solutions. Harbo Technologies, an Israel-based company, brings valuable expertise in the field of oil spill management to Lamor's extensive environmental service offerings.

Major companies operating in the oil spill management market report are Ecolab, National Oilwell Varco, Northern Tanker Company, SkimOil LLC, Hyundai Heavy Industries Co. Ltd., CURA Emergency Services, Fendercare Marine, Osprey Spill Control, Sapura GE Oil & Gas Services Sdn Bhd, OMI Environmental Solutions, Oil Soil Response Ltd., VikomaInternational, Oil Recovery and Environment Protection, MARKLEEN Group, Lamor Corporation, American Green Ventures Inc., Oil Spill Response Limited, NRC Nordic Rescue Company, Clean Harbors Environmental Services Inc., Elastec Inc., COMSIS Corporation Ltd., DESMI A/S, Polyeco Group SA, InterOcean Systems AS, NorLense AS, Oil Pollution Environmental Control Systems Inc., ECOservice-NEFTEGAZ LLC, SpillTech Inc., General Electric Oil & Gas, Oil Spill Recovery Services

North America was the largest region in the oil spill management market share in 2023. The regions covered in the oil spill management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the oil spill management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The oil spill management market includes revenues earned by entities by double hut, blowout preventers, pipeline leak detection, mechanical containment methods and chemical and biological management methods. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12923

1. Executive Summary

2. Oil Spill Management Market Characteristics

3. Oil Spill Management Market Trends And Strategies

4. Oil Spill Management Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Oil Spill Management Market Size and Growth

5.1. Global Oil Spill Management Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Oil Spill Management Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Oil Spill Management Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Oil Spill Management Market Segmentation

6.1. Global Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Pre-Oil Spill Management
Post-Oil Spill Management
6.2. Global Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Mechanical Containment and Recovery
Chemical Recovery
Biological Recovery
6.3. Global Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Offshore
Onshore

7. Oil Spill Management Market Regional And Country Analysis

7.1. Global Oil Spill Management Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Oil Spill Management Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Oil Spill Management Market

8.1. Asia-Pacific Oil Spill Management Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Oil Spill Management Market

9.1. China Oil Spill Management Market Overview
9.2. China Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Oil Spill Management Market

10.1. India Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Oil Spill Management Market

11.1. Japan Oil Spill Management Market Overview
11.2. Japan Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Oil Spill Management Market

12.1. Australia Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Oil Spill Management Market

13.1. Indonesia Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Oil Spill Management Market

14.1. South Korea Oil Spill Management Market Overview
14.2. South Korea Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Oil Spill Management Market

15.1. Western Europe Oil Spill Management Market Overview
15.2. Western Europe Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Oil Spill Management Market

16.1. UK Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Oil Spill Management Market

17.1. Germany Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Oil Spill Management Market

18.1. France Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Oil Spill Management Market

19.1. Italy Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Oil Spill Management Market

20.1. Spain Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Oil Spill Management Market

21.1. Eastern Europe Oil Spill Management Market Overview
21.2. Eastern Europe Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Oil Spill Management Market

22.1. Russia Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Oil Spill Management Market

23.1. North America Oil Spill Management Market Overview
23.2. North America Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Oil Spill Management Market

24.1. USA Oil Spill Management Market Overview
24.2. USA Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Oil Spill Management Market

25.1. Canada Oil Spill Management Market Overview
25.2. Canada Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Oil Spill Management Market

26.1. South America Oil Spill Management Market Overview
26.2. South America Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Oil Spill Management Market

27.1. Brazil Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Oil Spill Management Market

28.1. Middle East Oil Spill Management Market Overview
28.2. Middle East Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Oil Spill Management Market

29.1. Africa Oil Spill Management Market Overview
29.2. Africa Oil Spill Management Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Oil Spill Management Market, Segmentation By Response Technique, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Oil Spill Management Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Oil Spill Management Market Competitive Landscape And Company Profiles

30.1. Oil Spill Management Market Competitive Landscape
30.2. Oil Spill Management Market Company Profiles
- 30.2.1. Ecolab
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. National Oilwell Varco
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Northern Tanker Company
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. SkimOil LLC
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Hyundai Heavy Industries Co. Ltd.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Oil Spill Management Market Competitive Benchmarking

32. Global Oil Spill Management Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Oil Spill Management Market

34. Oil Spill Management Market Future Outlook and Potential Analysis

34.1 Oil Spill Management Market In 2028 - Countries Offering Most New Opportunities
34.2 Oil Spill Management Market In 2028 - Segments Offering Most New Opportunities
34.3 Oil Spill Management Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer