Emergency Spill Response Market – Global Forecast to 2022

Emergency Spill Response Market – Global Forecast to 2022

Research and Markets has announced the addition of the “Emergency Spill Response Market – Global Forecast to 2022” report to their offering. Radio communication products are expected to witness the highest growth in the market during the forecast period. The growth of this segment can be primarily attributed to the increasing focus on preventing spills as well as reducing environmental pollution by minimizing the spill pollution through early detection. The market for the ports and harbors vertical is expected to grow at the highest CAGR during the forecast period owing to the increasing international sea trade, which may result in large spills during the various vessel operations including loading/discharging, bunkering, anchoring, underway, and other operations. These spills can impact the environment of the ports and harbors. Furthermore, the increasing government focus on reducing environmental impact of spills on the environment strengthens its market for Ports & harbors vertical. The market in North America is expected to grow at the highest rate between 2016 and 2022 because of the government focus on reducing the environmental impact of spills. In addition, the presence of a large number oil rigs and subsea oil operations provide opportunities for the growth of the market in this region. Source / More : Research and Markets oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook ]]>

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