- Water Based
- Oil Based
- Synthetic Based
North America drilling fluids market size is valued at USD x million in 2023 and is poised to grow at a CAGR of x% during the forecast period 2024-2030. Market for North America drilling fluids projected to reach US$ XX Mn by 2028 due to increased application of drilling fluids in industry. In addition, North America market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed North America market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities). Key stakeholders of the North America market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in North America market activities.
North America Drilling Fluids Market Dynamics
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. Based on type, the North America drilling fluids market is segmented into water based, oil based and synthetic based. Water based segment is expected to dominate the North America drilling fluids market due to its low cost price, eco-friendly properties, and requires less chemical treatment.
Country Analysis
North America Drilling Fluids Market
North America drilling fluids market report analyses the market in different countries of North America. U.S accounted for major revenue share in North America drilling fluids due to improvement in technologies of drilling. North America drilling fluids market is consolidating as large players complementing each others 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.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, 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 start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
North America Drilling Fluids Market Segmentation
By Type
By Application
- Onshore
- Offshore
By Geography
- US
- Canada
Frequently Asked Questions
2023 is the base year and 2030 is the forecast year.
The North America drilling fluids market coverage are the United States, Canada
The North America drilling fluids market key players are the Schlumberger Limited, Halliburton Inc., Baker Hughes Incorporated, Newpark Resources Inc., National Oilwell Varco., Scomi Group Bhd, TETRA Technologies, Inc., Canadian Energy Services & Technology Corp., GEO Drilling Fluids, Inc., Anchor Drilling Fluids USA, Inc.
| 1.Executive Summary |
| 2.North America Drilling Fluids Market Size, Forecast to 2030 Introduction |
| 2.1.North America Drilling Fluids Market Size, Forecast to 2030 - Taxonomy |
| 2.2.North America Drilling Fluids Market Size, Forecast to 2030 - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.Geography |
| 2.2.4.Country |
| 3.North America Drilling Fluids Market Size, Forecast to 2030 Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.North America Drilling Fluids Market Size, Forecast to 2030 Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.North America Drilling Fluids Market Size, Forecast to 2030 By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Water Based |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.North America Drilling Fluids Market Size, Forecast to 2030 By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Onshore |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.North America Drilling Fluids Market Size, Forecast to 2030 By Geography, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. US |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Canada |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8.North America Drilling Fluids Market Size, Forecast to 2030 By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. United States of America (USA) |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Canada |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 9.United States of America (USA) Drilling Fluids Market Size, Forecast to 2030 ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Water Based |
| 9.1.2.Oil Based |
| 9.1.3.Synthetic Based |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Onshore |
| 9.2.2.Offshore |
| 9.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.US |
| 9.3.2.Canada |
| 10.Canada North America Market Size, Forecast to 2030 ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Water Based |
| 10.1.2.Oil Based |
| 10.1.3.Synthetic Based |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Onshore |
| 10.2.2.Offshore |
| 10.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.US |
| 10.3.2.Canada |
| 11. Competition Landscape |
| 11.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 11.2.1.Schlumberger Limited |
| 11.2.2.Halliburton Inc. |
| 11.2.3.Baker Hughes Incorporated |
| 11.2.4.Newpark Resources Inc. |
| 11.2.5.National Oilwell Varco. |
| 11.2.6.Scomi Group Bhd |
| 11.2.7.TETRA Technologies, Inc. |
| 11.2.8.Canadian Energy Services & Technology Corp. |
| 11.2.9.GEO Drilling Fluids, Inc. |
| 11.2.10.Anchor Drilling Fluids USA, Inc. |
| 12. Research Methodology |
| 13. Appendix and Abbreviations |
- Schlumberger Limited
- Halliburton Inc.
- Baker Hughes Incorporated
- Newpark Resources Inc.
- National Oilwell Varco.
- Scomi Group Bhd
- TETRA Technologies, Inc.
- Canadian Energy Services & Technology Corp.
- GEO Drilling Fluids, Inc.
- Anchor Drilling Fluids USA, Inc.