Press release
Drilling Fluids Market - North America to Dominate the Market by 2021
New York, February 08: Market Research Engine has published a new report titled as “Global Drilling Fluids Market (Water-Based Fluids, Oil-Based Fluids and Synthetic-Based Fluids) for Oil and Gas (Offshore & Onshore) - Application Analysis, and Forecasts 2015 – 2021”.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.
Browse Full Report: https://www.marketresearchengine.com/reportdetails/drilling-fluids-market
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.
Due to the increasing innovation in the nanotechnology in the exploration of oil and gas industry has spurred the growth of the drilling fluids market, with major companies investing huge amounts in developing the technology. The report on the global drilling fluids market is a blueprint for the companies in this industry to improve their businesses.
Drilling fluids market is classified as below:
• Water-based fluids
• Oil-based fluids
• Synthetic-based fluids
The report additionally provides qualitative analysis of the leading players, with clear insight and analysis on the development strategies adopted by the market players.
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.
Download Free Sample Report: https://www.marketresearchengine.com/requestsample/drilling-fluids-market
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..
Scope of the Report
The report focuses on drilling fluids used in onshore and offshore application areas. The segmentation followed in the report has been listed below.
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
About MarketResearchEngine.com
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
Media Contact
Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
Country: United States
Website: https://www.marketresearchengine.com/
Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Drilling Fluids Market - North America to Dominate the Market by 2021 here
News-ID: 432469 • Views: …
More Releases from Market Research Engine Reports - MRE
Medical Image Analysis Software Market is Expected to Exceed US$ 3.3 Billion by …
The global medical image analysis software market by software type is segmented as integrated software and standalone software. According to its image types the market is further segmented in to 2D, 3D and 4D imaging. The market is further segmented according to its modality such as tomography, ultrasound imaging, radiography imaging and combined modalities. The application segment consists of orthopedic, dental, neurology, cardiology, oncology, obstetrics and gynecology, mammography and urology…
Pharmacovigilance Market will Rise at a CAGR of 13% During the Forecast, by 2020
The global pharmacovigilance market according to clinical trial phase is segmented aspre-clinical, Phase I, Phase II, Phase IIIandPhase IV. The type of service provider segment consists of In-House and contract outsourcing. The market segments in terms of geographical regions include North America, Europe, Asia-Pacific and Rest of the World(ROW).
Browse Full Report @: https://www.marketresearchengine.com/reportdetails/pharmacovigilance-market
How Big is the Global Pharmacovigilance Market?
Global pharmacovigilance market was valued USD 2.5 billion in 2014. The revenue…
Biomarkers Market is Expected Exceed US$ 60.0 Billion by 2023
The main driving factors for biomarkers market are increase in number of low cost for conducting clinical trials in developing countries. Rising healthcare expenditure and R&D funding are the major macro drivers of the market. The use of biomarkers in diagnostic process is increasing rapidly due to its more accurate results. The biomarkers also have some restraints such as it contain technical issues related to sample and storage. The testing…
Automated External Defibrillator Market is Expected to Reach US$ 15 Billion by 2 …
The Global Automated External Defibrillator Market is segmented on the lines of its type, end user and regional. Based on type segmentation it covers semi automated external defibrillator and fully automated external defibrillator. Under end user segmentation it covers home based, hospitals and pre hospitals.
Browse Full Report @: https://www.marketresearchengine.com/reportdetails/automated-external-defibrillator-market
How Big is the Global Automated External Defibrillator?
The Global Automated External Defibrillator Market is expected to exceed more than US$ 15…
More Releases for Fluids
Market Leader - Engineered fluids (Fluorinated fluids) Market
The global market size of engineered fluids (fluorinated fluids) is projected to grow from USD 854 million in 2018 to USD 1,304 million by 2023, at a compound annual growth rate (CAGR) of 8.8% during the forecast period. The major driving factors for the market are the chemical inertness, low & high-temperature stability, non-flammability, and low toxicity properties of engineered fluids (fluorinated fluids). These properties enable engineered fluids (fluorinated fluids)…
Metal Cutting Fluids Market Report 2018: Segmentation by Type (Emulsion Metal Cu …
Global Metal Cutting Fluids market research report provides company profile for Blaser, Idemitsu Kosan, Daido Chemical Industry, COSMO Oil, Master, Exxon Mobil Corporation, Houghton (Gulf Oil), BP, Fuchs, Yushiro Chemical, Quaker and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
Onshore Drilling Fluids Market forecast 2018 to 2022 Scope & Share of Key Manufa …
Worldwide Market Reports has announced the addition of the “Global Onshore Drilling Fluids Market Size Status and Forecast 2022”, The report classifies the global Onshore Drilling Fluids Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Onshore Drilling Fluids market, analyzes and researches the Onshore Drilling Fluids development status and forecast in…
Onshore Drilling Fluids Market Top Key Players: AMC - Drilling Fluids & Products …
Onshore Drilling Fluids Market provides information on current trends and developments, and focuses on markets and materials, capacities and demand, and on the changing structure of the global industry. The global Onshore Drilling Fluids Industry report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated by…
Metal Working Fluids Market Report 2018: Segmentation by Product (Metal Removal …
Global Metal Working Fluids market research report provides company profile for ExxonMobil, Henkel, Chevron, PETROFER, Master Chemical, Buhmwoo Chemical, JX MOE, Blaser, Houghton, BP, Quaker, FUCHS, Yushiro Chemical and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018…
Drilling Fluids (Oil-Based Fluids, Synthetic-Based Fluids and Water-Based Fluids …
Ever-increasing drilling activities coupled with a shift towards developing deep sea reserves across the world is expected to drive the global market for drilling fluids. Nanotechnology holds the future of drilling fluids as investment continues to grow in developing drilling fluids using nanotechnology.
This report analyzes, estimates and forecasts the global drilling fluids market in terms of revenue (USD million) from 2011 to 2018. In addition, the report analyzes…
