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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