Research and Markets: Oil Spill Management Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020

The global oil spill management market is divided into two categories: post-oil spill and pre-oil spill. Post-oil deals with spill management and pre-spill deals with the use of technologies to prevent a spill. Between strict regulations and the increasing amount of seaborne and pipeline transportation of chemicals, gas and oil, the oil spill management market is greatly influenced.

Pre-oil spill management deals with the double hulling of ships, BOP’s and pipeline leak detention. Double hulling of ships is very expensive, and that coupled with IMO’s regulations mandating the construction of double-hulled ships and plays a huge role in the market. Pipeline leak detention remains on the forefront of the market with clean up and legal costs being a prime motivating force for this technology. To read a complete report on what is driving the oil spill management market, you can click here…

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