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Drilling Fluids Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

Global Drilling Fluids Market: By Type (Water Based, Oil Based, and Synthetic Based), By Application (Offshore and Onshore), and Geography

 

 

Global Drilling Fluids Market Report Description:

Global drilling fluids market report gives comprehensive outlook on drilling fluids market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The report on global drilling fluids market gives historical, current, and future market sizes (US$ Mn) on the basis of type, by application type, and regions. This report studies global drilling fluids market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global drilling fluids market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global drilling fluids market to better equip clients with possible investment opportunities across the regions and market unmet needs (Product Opportunities). Key stakeholders of the global drilling fluids market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in global drilling fluids market activities.

 

Global Drilling Fluids Market:

The global drilling fluids market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Market for global drilling fluids projected to reach US$ XX Mn by 2025 due to increased application of drilling fluids in industry.

 

Development and Launch of New Hot Melt Adhesives

Development and launch of innovative drilling fluids by the market players enables surge
in the drilling fluids market demand over the forecast years. For instance. In 2018, Baker Hughes Incorporated (U.S.) launched the new drilling fluids which has a wide range of application. Moreover, launch of newer products in various countries enables the growth of drilling fluids market over the forecast years.

 

Water Based Drilling Fluids Segment Expected to Dominate the Market

Based on type, the global drilling fluids market is segmented into water based, oil based and synthetic based. Water based segment is expected to dominate the global drilling fluids market due to its low cost price, eco-friendly properties, and requires less chemical treatment.

 

North America Accounts for Larger Market Revenue Share in Global Drilling Fluids Market

North America accounted for major revenue share due to increased demand of drilling fluids from the growing population. U.S accounted for major revenue share due to improvement in technologies of drilling. Asia Pacific drilling fluids market is expected to account moderate CAGR due to increase in urbanization, population and industrialization. Europe exhibits a significant growth in drilling fluids market due to increased volumes of oil and gas production coupled with rapid growing drilling activities. Latin America shows a significant growth in market owing to increased discoveries of gas and substantial oil. Middle East and Africa drilling fluids market is also expected to rise in the forecast period due to increased production of gas and oil.

 

Competition Assessment

Key players profiled in the global drilling fluids market include:

  • Schlumberger Limited (France)
  • Halliburton Inc. (U.S.)
  • Baker Hughes Incorporated (U.S.)
  • Newpark Resources Inc. (U.S.)
  • National Oilwell Varco. (USA)
  • Scomi Group Bhd (Malaysia)
  • TETRA Technologies, Inc. (U.S.)
  • Canadian Energy Services & Technology Corp. (Canada)
  • GEO Drilling Fluids, Inc. (U.S.)
  • Anchor Drilling Fluids USA, Inc. (U.S.)

 

Global drilling fluids market is consolidating as large players complementing each other’s businesses by means of collaborations and acquisitions. For instance, in 2013, Newpark Mats and Integrated Services gained a stronger foothold in the UK and Europe with the acquisition of Terrafirma Roadways, a provider of temporary roadway and worksite solutions to utility, construction, and event customers. Located in Oxfordshire, England, Terrafirma had been a strategic partner with Newpark and the exclusive UK Distributor of Newpark’s DURA-BASE® Advanced-Composite Mat System.

 

Key Findings of the Report:

 

Global drilling fluids market expanding at significant CAGR over 2019 to 2025 to reach market value of US$ XX Mn by 2025 owing to increase launch of newer products.

  • Based on type water based segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on mergers and acquisitions strategies to retain market position in Global Hot Melt Adhesives market

 

Detailed Segmentation

 

By Type

  • Water Based
  • Oil Based
  • Synthetic Based

 

By Application

  • Onshore
  • Offshore

 

Geography

North America

  • US
  • Canada

Europe

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • ASEAN
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America

Middle East And Africa

  • South Africa
  • Gulf Cooperation Council Countries(GCC)
  • Rest of MEA

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, country market share, historic market (2014-2018) and forecast (2019-2025)
  • The report covers in-detail insights about the competitor’s overview, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
  1. Executive Summary
  2. Global Drilling Fluids Market Introduction

2.1. Global Drilling Fluids Market – Taxonomy

2.2. Global Drilling Fluids Market –Definitions

2.2.1. By Type

2.2.2. By Application

  1. Global Drilling Fluids Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global Drilling Fluids Market Dynamic Factors – Impact Analysis

3.6. Global Drilling Fluids Market – Competition Landscape

  1. Global Drilling Fluids Market Analysis, 2014 – 2018 and Forecast, 2018 – 2025

4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

  1. Global Drilling Fluids Market, By Type of Drilling Fluids, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

5.1. Water Based

5.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Oil Based

5.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. Synthetic Based

5.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

  1. Global Drilling Fluids Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025

6.1. Onshore

6.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Offshore

6.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

  1. Global Drilling Fluids Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

7.1. North America

7.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Europe

7.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Asia-Pacific

7.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

7.4. Latin America

7.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

7.5. Middle East and Africa

7.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.5.3. Market Opportunity Analysis

7.6. Global Drilling Fluids Market – Opportunity Analysis Index, By Type, By Application, and Region, 2019 – 2025

  1. North America Drilling Fluids Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

8.1. By Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%) and Market Share (%)

8.1.1. Water Based

8.1.2. Oil Based

8.1.3. Synthetic Based

8.2. By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%) and Market Share (%)

8.2.1. Onshore

8.2.2. Offshore

8.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)      

8.3.1. U.S.

8.3.2. Canada

8.4. North America Drilling Fluids Market – Opportunity Analysis Index, By Type, By Application, and Country, 2019 – 2025

8.5. North America Drilling Fluids Market Dynamics – Trends

  1. Europe Drilling Fluids Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

9.1. By Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%) and Market Share (%)

9.1.1. Water Based

9.1.2. Oil Based

9.1.3. Synthetic Based

9.2. By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%) and Market Share (%)

9.2.1. Onshore

9.2.2. Offshore

9.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)      

9.3.1. Germany

9.3.2. France

9.3.3. U.K

9.3.4. Russia

9.3.5. Italy

9.3.6. Spain

9.3.7. Rest of Europe

9.4. Europe Drilling Fluids Market – Opportunity Analysis Index, By Type, By Application, and Country, 2019 – 2025

9.5. Europe Drilling Fluids Market Dynamics – Trends

  1. Asia-Pacific Drilling Fluids Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

10.1. By Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%) and Market Share (%)

10.1.1. Water Based

10.1.2. Oil Based

10.1.3. Synthetic Based

10.2. By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%) and Market Share (%)

10.2.1. Onshore

10.2.2. Offshore

10.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)      

10.3.1. Japan

10.3.2. China

10.3.3. India

10.3.4. ASEAN

10.3.5. Australia & New Zealand

10.3.6. Rest of Asia-Pacific

10.4. Asia-Pacific Drilling Fluids Market – Opportunity Analysis Index, By Type, By Application, and Country, 2019 – 2025

10.5. Asia-Pacific Drilling Fluids Market Dynamics – Trends

  1. Latin America Drilling Fluids Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

11.1. By Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%) and Market Share (%)

11.1.1. Water Based

11.1.2. Oil Based

11.1.3. Synthetic Based

11.2. By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%) and Market Share (%)

11.2.1. Onshore

11.2.2. Offshore

11.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)      

11.3.1. Brazil

11.3.2. Mexico

11.3.3. Argentina

11.3.4. Venezuela

11.3.5. Rest of Latin America

11.4. Latin America Drilling Fluids Market – Opportunity Analysis Index, By Type, By Application, and Country, 2019 – 2025

11.5. Latin America Drilling Fluids Market Dynamics – Trends

  1. Middle East and Africa Drilling Fluids Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’MT)

12.1. By Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%) and Market Share (%)

12.1.1. Water Based

12.1.2. Oil Based

12.1.3. Synthetic Based

12.2. By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Volume (000’MT), Y-o-Y Growth (%) and Market Share (%)

12.2.1. Onshore

12.2.2. Offshore

12.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

12.3.1. Gulf Cooperation Council (GCC) Countries

12.3.2. Israel

12.3.3. South Africa

12.3.4. Rest of MEA

12.4. MEA Drilling Fluids Market – Opportunity Analysis Index, By Type, By Application, and Country, 2019 – 2025

12.5. MEA Drilling Fluids Market Dynamics – Trends

  1. Competition Landscape

13.1. Strategic Dashboard of Top Market Players

13.2. Company Profiles (Introduction, Financial Analysis, Drug Class & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

13.2.1. Schlumberger Limited (France)

13.2.2. Halliburton Inc. (U.S.)

13.2.3. Baker Hughes Incorporated (U.S.)

13.2.4. Newpark Resources Inc. (U.S.)

13.2.5. National Oilwell Varco. (USA)

13.2.6. Scomi Group Bhd (Malaysia)

13.2.7. TETRA Technologies, Inc. (U.S.)

13.2.8. Canadian Energy Services & Technology Corp. (Canada)

13.2.9. GEO Drilling Fluids, Inc. (U.S.)

13.2.10. Anchor Drilling Fluids USA, Inc. (U.S.)

  1. Research Methodology
  2. Key Assumptions and Acronyms
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