일본의 시추 폐기물 관리 시장 : 서비스별, 폐기물 유형별, 용도별, 지역별, 기회, 예측(2018-2032년)

Japan Drilling Waste Management market is expected to observe a CAGR of 3.20% during the forecast period FY2025 - FY2032, rising from USD 363.60 million in FY2024 to USD 467.80 million in FY2032. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.

The need to manage drilling waste in Japan is becoming increasingly important. The main reason behind the rise in demand is the country's complex energy landscape and stringent environmental regulations. With a greater focus on sustainability, which includes drilling fluids, cuttings, and other hazardous materials, the demand for services in this sector is growing. Japan is expanding its waste management activities to reduce environmental impacts and ensure compliance with local laws. Moreover, investing in innovative waste management practices protects Japan's rich marine biodiversity and helps enhance the industry's reputation and operational efficiency, thereby paving the way for a more sustainable future.

For instance, in September 2022, BZ Solids Control delivered shale shakers to Japan's hot spring drilling site. BZ shale shaker is a vital component of drilling waste management. Its basic design aims to effectively separate solids from drilling fluids, which becomes crucial for waste management during the drilling operation. Shakers are the first level of any system on a drilling rig specifically used to remove large solids, cuttings, from the drilling fluid, or "mud", thereby augmenting the market growth.

The Need for Offshore Drilling and Surveys is Augmenting Market Growth

Offshore drilling and surveys in Japan are essential for effective waste management due to increasing industrial activities and environmental concerns. These operations help identify suitable sites for waste disposal and assess the geological formations beneath the seabed. By gathering data on sediment composition and contamination levels, researchers can develop sustainable waste management practices that minimize ecological impact. Additionally, such surveys ensure compliance with environmental regulations and enhance understanding of marine ecosystems, ultimately promoting responsible resource use and protection of oceanic environments.

For example, in October 2024, Japan Petroleum Exploration Co.Ltd. (JAPEX) launched the Exploratory Drilling Survey in the offshore Hidaka Area of Hokkaido to test the drilling potential of natural gas reserves. While drilling for natural gas, significant amounts of waste are generated, including drilling mud, cuttings, etc. Hence, effective waste management is crucial to minimize environmental impact, prevent contamination, and comply with government regulations, thereby contributing to sustainable practices that drive the demand for service in the market.

Government Initiatives and Policies are Significantly Aiding Market Growth

Government initiatives play an important role in the effective management of drilling waste in Japan. It addresses the environmental challenges posed by oil and gas exploration nationwide. These initiatives promote environmental sustainability by emphasizing the importance of reducing pollution and increasing recycling efforts. The government aims to reduce the ecological impact of drilling activities by complying with regulations and promoting technological advancements. These efforts also support a circular economy that guarantees responsible waste management along with supporting environmental protection and compliance with international standards. Furthermore, the government has also expedited research and development activities as well as support a lot of waste management programs to aid the toxic environmental impact and promote growth in the drilling industry across the country.

For example, in March 2024, the Research Institute for Innovative Technology for the World (RITE), under the Government of Japan in Kyoto, played a key role in Japan's drilling waste management, focusing on sustainable practices and advanced technologies. RITE conducted in-depth research to develop innovative solutions for the treatment and disposal of waste in Japan. Moreover, RITE aims to increase the efficiency and sustainability of drilling operations by supporting Japan's commitment to sustainable resource management.

Rise in Necessity for Reutilization of Waste Lubricants Drives the Need for Effective Drilling Waste Management

Recycling of waste lubricants is an important aspect of drilling waste management in Japan as it has a huge impact on the environment. Improper disposal of drilling wastes causes soil and water pollution, hence it is harmful to the ecosystem and public health. Lubricant waste often contains hazardous substances which could pose a serious threat to environmental sustainability if not handled properly. Therefore, it is important to use effective treatment and recycling methods for managing the waste lubricants.

For instance, in May 2024, ENEOS Corporation announced that it had manufactured a low-carbon lubricant base oil using a demonstration project regarding the recycling of waste lubricant oil generated due to drilling activities. This project is jointly conducted with Toyota Motor Corporation to apply sustainable lubricant base oil regeneration technology. Moreover, the project highlights ENEOS' contribution toward a circular economy and carbon neutrality in accordance with the Ministry of the Environment's strategy for the formation of a decarbonized society. Additionally, ENEOS aims to enhance drilling waste management activities using the available facilities while developing further advancements in partnership with international technical collaborations.

Central Japan Emerged as the Market Leader

Central Japan is a leader in drilling waste management with strong oil and gas exploration activities, especially in the Chubu region, which includes major cities such as Nagoya, Toyohashi, Hamamatsu, etc. Central Japan has a strong industrial base and advanced infrastructure to facilitate efficient waste management operations. Moreover, the region's focus on environmental sustainability and compliance with stringent regulations drives the adoption of new drilling waste treatment technologies such as thermal treatment and bioremediation.

Additionally, partnerships with local companies and research institutes promote better waste management practices in Central Japan. This, in turn, ensures compliance with environmental standards and reduces adverse impacts on the ecosystem, thereby allowing Japan to be recognized as one of the most effective regions in drilling waste management solutions.

Future Market Scenario (FY2025 - FY2032)

Strict government regulations are expected to drive the need for effective waste management solutions, thereby ensuring compliance with environmental standards, which will lead to ample possibilities for market growth in the future.

Introduction of offshore drilling waste management projects, along with the Japanese government's hefty expenditure on the same, will cater to extensive opportunities for market growth over the years to come.

Advent of highly advanced drilling waste management technologies such as thermal treatment and bioremediation are enhancing the efficiency and sustainability of the market, thereby promising robust growth in the upcoming years.

Furthermore, a strong increase in focus on the ecological responsibilities of the Japanese government is likely to promote the implementation of recycling activities and waste disposal methods, thereby enhancing the drilling waste management activities throughout the country.

Key Players Landscape and Outlook

The market leaders of the Japanese drilling and waste management industry employ key strategies to increase their market presence and navigate fierce competition. Key strategies include product development, mergers and acquisitions, etc. The country is focused on innovating and improving waste management solutions to meet the country's continuously evolving environmental standards.

Moreover, the companies are also expanding into new markets to diversify their operations and increase their revenue streams. Strategic agreements and cooperation with research institutes and other industry players promote innovation and increase technological capabilities. Overall, the above-mentioned strategies help companies adapt to market needs by ensuring sustainable practices in waste management.

In March 2023, Japan's JX Nippon Oil & Gas Exploration Corporation agreed to acquire Japan Drilling Co. Ltd., the country's sole offshore drilling contractor. Once completed, Japan Drilling Co. Ltd. will become a subsidiary of Nippon, thereby increasing competition in oil and gas development. Moreover, the acquisition aligns with JX-Nippon's goal of strengthening its drilling waste management capacities, which is part of Japan's efforts to become completely equipped with green energy by 2040.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Management Services and Offerings
• 4.2. Factors Considered in Purchase Decisions
  • 4.2.1. Disposable Cost and Environmental Impact
  • 4.2.2. Efficiency and Regulatory Compliance
  • 4.2.3. Cost Effectiveness
  • 4.2.4. Customer Support and Service

5. Japan Drilling Waste Management Market Outlook, FY2018-FY2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Service
    • 5.2.1.1. Containment and Handling
    • 5.2.1.2. Treatment and Disposal
    • 5.2.1.3. Solid Control
    • 5.2.1.4. Recycling and Recovery
  • 5.2.2. By Waste Type
    • 5.2.2.1. Contaminated water-based muds
    • 5.2.2.2. Contaminated oil-based muds
    • 5.2.2.3. Chemicals
    • 5.2.2.4. Waste Lubricants
    • 5.2.2.5. Others
  • 5.2.3. By Application
    • 5.2.3.1. Onshore
    • 5.2.3.2. Offshore
  • 5.2.4. By Region
    • 5.2.4.1. North [Hokkaido and Tohoku]
    • 5.2.4.2. Central [Kanto and Chubu]
    • 5.2.4.3. South [Kansai, Chugoku, Shikoku, and Kyushu & Okinawa]
  • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
• 5.3. Market Map Analysis, FY2024
  • 5.3.1. By Service
  • 5.3.2. By Waste Type
  • 5.3.3. By Application
  • 5.3.4. By Region

6. Porter's Five Forces Analysis

7. PESTLE Analysis

8. Market Dynamics

• 8.1. Market Drivers
• 8.2. Market Challenges

9. Market Trends and Developments

10. Case Studies

11. Competitive Landscape

• 11.1. Competition Matrix of Top 5 Market Leaders
• 11.2. SWOT Analysis for Top 5 Players
• 11.3. Key Players Landscape for Top 7 Market Players
  • 11.3.1. Schlumberger Limited
    • 11.3.1.1. Company Details
    • 11.3.1.2. Key Management Personnel
    • 11.3.1.3. Products and Services
    • 11.3.1.4. Financials (As Reported)
    • 11.3.1.5. Key Market Focus and Geographical Presence
    • 11.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 11.3.2. Telnite Co., Ltd.
  • 11.3.3. Veolia Environnement SA
  • 11.3.4. Baker Hughes Japan Co., Ltd.
  • 11.3.5. Japan Drilling Co., Ltd. (JX Nippon Oil & Gas Exploration Corporation)
  • 11.3.6. Japan Petroleum Exploration Co., Ltd. (JAPEX)
  • 11.3.7. Halliburton Energy Services, Inc.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

12. Strategic Recommendations

13. About Us and Disclaimer