Florida, February 26, 2018:

    Drilling Fluids Market 2018

    The expanding onshore drilling activities in the Middle East, North America and Asia Pacific are expected to drive the demand for drilling fluids in the onshore reserves. Onshore oil and gas dominated the drilling fluids market represented 80% of the total demand in 2014. Additionally, presence of large natural resources in the “Golden Triangle” (Gulf of Mexico, offshore Brazil and offshore West Africa) is promising to high investment in the regions, which is further expected to drive the drilling fluids market over the given forecast period. U.S, Gulf of Mexico, offshore Brazil and offshore West Africa accounted for approximately 87% of the total investment made in developing offshore oil and gas reserves in 2014.

    The global market for drilling fluids was estimated to be USD 8.10 billion in 2013, and is expected to grow at a CAGR of more than 8.0% from 2015 to 2021.

    Companies mentioned in the research reportage as below:

    The players mentioned and evaluated in the drilling fluids market report are Newpark Resources Inc.,National Oilwell Varco, Schlumberger Technology Corporation, Canadian EnergyServices &Technology Corp., Anchor Drilling Fluids USA Inc., HalliburtonCompany,etc..

    Browse Full Report: https://www.marketresearchengine.com/reportdetails/drilling-fluids-market

    Drilling fluids market is classified as below:

    • Water-based fluids
    • Oil-based fluids
    • Synthetic-based fluids

    Global Drilling Fluids Market

    Global Drilling Fluids Product Outlook(Revenue, USD Million, 2015 – 2021)

    • Oil-Based Fluids(OBF)
    • Water-BasedFluids (WBF)
    • Synthetics-BasedFluids (SBF)

    Global Drilling Fluids Application Outlook(Revenue, USD Million, 2015 – 2021)

    Onshore Offshore Drilling Fluids Regional Outlook (Revenue, USD Million, 2015 – 2021)

    • North America
    • Europe
    • Asia Pacific
    • Middle
    • East & Africa
    • ROW (Rest ofWord)

    Key highlights of this report:

    • Overview of key market forces propelling and restraining business sector development.
    • Current Market Trends, Market Structure and Market Projections for the upcoming years.
    • Up-to-date analyses of business sector and technological improvements in the small servers industry
    • Pin-point analyses of market competition dynamics to offer you a competition edge
    • An analysis of strategies of major competitors

    The report focuses on drilling fluids used in onshore and offshore application areas. The segmentation followed in the report has been listed below.

    Drilling deeper, longer and more challenging wells has been made possible by improvements in drilling technologies, including more efficient and effective drilling fluids. Drilling fluids, also referred to as drilling mud, are added to the wellbore to facilitate the drilling process by suspending cuttings, controlling pressure, stabilizing exposed rock, providing buoyancy, and cooling and lubricating.

    The report additionally provides qualitative analysis of the leading players, with clear insight and analysis on the development strategies adopted by the market players.

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    Table of Contents

    1.1    KEY TAKE AWAYS
    1.5.1    MARKET SIZE
    1.5.2    MARKET SHARE

    2 Research Methodology
    2.1 Introduction
    2.1.1 Secondary Data Key Data From Secondary Sources
    2.1.2 Primary Data Key Data From Primary Sources Breakdown Of Primary Interviews
    2.2 Market Size Estimation
    2.3 Market Breakdown & Data Triangulation
    2.3.1 Key Industry Insights
    2.4 Assumptions

    3 Executive Summary

    4 Premium Insights
    4.1 Attractive Market Opportunity For Water-Based Drilling & Completion Fluids
    4.2 North America Dominated The Drilling & Completion Fluids Market
    4.3 U.S. Commands Majority Of The Market Share
    4.4 North America Will Dominate The Drilling & Completion Fluids Market
    4.5 Major Countries In The Drilling & Completion Fluids Market
    4.6 Asia-Pacific & North America Will Demand For Most Of The Drilling & Completion Fluids By 2019

    5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
    5.1.1 Drivers Growth In Drilling Activities Increasing Drilling Footage Growth In Increased Oil Production Oil & Gas Production Continuous Rise In Global Drilling Activities Technological Developments And Exploration Activities For Shale Gas, Cbm
    5.1.2 Restraints Impact Of Drilling Fluids On The Environment And Surrounding Eco System Strict Government Regulations
    5.1.3 Market Opportunities Development Of Advanced Drilling Fluid Chemicals Focus On Deep & Ultra-Deepwater Reserves
    5.2 Burning Issue
    5.2.1 Shortage Of Mud Engineering Professionals
    5.3 Winning Imperatives
    5.3.1 Mergers & Acquisitions Is The Key In Drilling & Completion Fluids Market
    5.3.2 Technological Innovation
    5.4 Impact Analysis

    6 Industry Trends
    6.1 Value Chain Analysis
    6.1.1 Raw Material Manufacturers
    6.1.2 Drilling & Completion Fluids Manufacturers Base Fluids Manufacturers Additives Manufacturers Complete Drilling & Fluid Solution Manufacturers
    6.1.3 End-Users
    6.2 Porter’s Five Forces Analysis
    6.2.1 Threat Of New Entrants
    6.2.2 Threat Of Substitutes
    6.2.3 Bargaining Power Of Buyers
    6.2.4 Bargaining Power Of Suppliers
    6.2.5 Degree Of Competition

    7 Drilling & Completion Fluids Market, By Base Fluids Type
    7.1 Introduction
    7.2 Market Analysis
    7.2.1 Drilling & Completions Fluids Market
    7.2.2 Water-Based Drilling & Completion Fluids Introduction Water-Based Fluids: Single-Largest Used Base Fluid Type
    7.2.3 Oil-Based Drilling & Completion Fluids Introduction Growth Rate Is Achieving Maturity Owing To Stringent Environmental Policies
    7.2.4 Synthetic-Based Drilling & Completion Fluids Introduction High Potential Market For Fluids Base Type
    7.2.5 Other Drilling & Completion Fluids Introduction Highest Growing Base Fluid Type Market

    8 Drilling & Completion Fluids Market, By Application
    8.1 Industry Overview
    8.2 Market Share Analysis, By Application
    8.2.1 Onshore Introduction The Largest Market Application Area
    8.2.2 Offshore Introduction Major Growth Engine Of A Global Market

    9 Drilling & Completion Fluids Market, By Region
    9.1 Introduction
    9.2 Regional Analysis Of Drilling & Completion Fluids Market
    9.3 Base Fluid Type Analysis, By Region
    9.3.1 North America Industry Trends Largest Regional Market For Drilling And Completion Fluids Country-Wise Analysis U.S. Canada
    9.3.2 Asia-Pacific Industry Trends Second-Largest Geographic Market Driven By Major Drilling Activities In China Country-Wise Analysis China Australia Thailand India Indonesia Others
    9.3.3 Europe Industry Trends Market Towards Maturity Country-Wise Analysis Russia Norway U.K. Others
    9.3.4 Latin America Industry Trends Highly Potential Market Owing To The Rapid Growth Of Mexico And Brazil Country-Wise Analysis Mexico Brazil Venezuela Argentina Others
    9.3.5 Africa Industry Trends Exploration Of New Hydrocarbon Reserves Driving The High Growth Of The Region Country-Wise Analysis Egypt Algeria Angola Libya Nigeria Others
    9.3.6 Middle East 108 Industry Trends Small Market Share With Decent Growth Rate Country-Wise Analysis Oman Saudi Arabia Others
    9.3.7 Rest Of The World Industry Trends Market Analysis
    9.4 Application Areas Analysis, By Region
    9.4.1 North America Market Overview Onshore Drilling Activities Dominate The Total Market
    9.4.2 Asia-Pacific Market Overview Exploration Of New Offshore Gas Reserves Presents Great Opportunities
    9.4.3 Europe Market Overview Onshore Market Is The Major Growth Driver Of The Region
    9.4.4 Latin America Market Overview Huge Investments For Gom Development Results In Excellent Growth Rate For Offshore Market
    9.4.5 Africa Market Overview High Growth Rate For Both Onshore And Offshore Markets
    9.4.6 Middle East Market Overview Low Average Drilling Depth Limits The Market Growth
    9.4.7 Rest Of The World Market Overview Market Analysis

    10 Competitive Landscape
    10.1 Overview
    10.2 Market Share Analysis
    10.3 Competitive Situations & Trends
    10.3.1 Mergers & Acquisitions
    10.3.2 Agreements, Contracts, Joint Ventures, & Partnerships, 2011-2014
    10.3.3 Expansions & Investments
    10.3.4 New Product & Technology Launches

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    Source: http://www.financeswire.com/drilling-fluids-market-2018-industry-analysis-growth-and-forecast-to-2022