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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.