Oil Spill Management Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Oil Spill Management Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

According to Energy Wire magazine report, the number of oil spills in the United States has increased by around 18% in 2013. As per the magazine, oil and gas industry was responsible more than 7,662 (major-minor) leakages, spills and blowouts. The increasing number of oil spill has resulted in the development of a new emerging management market, which is related to prevention, treatment and cleaning of oil spills, all over the world. With the increase in number of oil spills every year, the oil spill management market is expected to be in demand in the near future. The negligence in safety methods, coupled with the increase in exploration and transportation of oil and gas around the world are the main cause for oil spills. The oil spill management market can be segmented according to the type of oil, oil spill management techniques, Intensity of oil spill, site of oil spill and the location of major oil exploration and transportation areas. On the basis of type of oil, the oil spill can be divided as Class A oil spill, Class B oil spill, Class C oil spill, Class D oil spill and non petroleum oil spill. Class A oil spill consists of light fluid spills, such as gasoline and jet fuels. Class B oil spill relates to non-sticky oils, such as kerosene and heating oil. Class C and Class D oil spill contains bunker fuels and residues respectively. Non petroleum oil spill consists of animal fats and vegetable oils. On the basis of management techniques, the oil spill management can be done by mechanical methods, chemical and biological methods, and physical methods. The mechanical method is the most commonly used oil spill management method and includes the use of skimmers, barriers and booms. The chemical and biological methods involves the use of several oil eating biological and chemical agents for the control of oil spill. The physical methods are generally...