Drilling Fluids Market - Global Industry Analysis, Size, Share, Growth By 2013

Florida, January 29, 2018: 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 drilling fluids market is estimated to be more than US$ 8.10 billion in 2013 and is projected to register a compound annual growth rate (CAGR) of 8% during the forecast period. The growth in drilling activities, growth in increased oil production, exploration activities for shale gas, and technological developments are expected to drive the market. However, the impact of drilling fluids on the environment and surrounding ecosystem and stringent government regulations are expected to hinder the growth of the market.

A glimpse of the report structure is provided in the report description available on the website.
https://www.marketresearchengine.com/reportdetails/drilling-fluids-market

In this report, the global drilling fluids market is segmented by base fluids type, application, and region. The market on the basis of base fluids type is segmented into water-based fluids, oil-based fluids, and synthetic-based fluids. On the basis of application, the market is segmented into offshore and onshore. Onshore oil and gas dominated the drilling fluids market and accounted for 80% of the total demand in 2014.

The global drilling fluids market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The expanding onshore drilling activities in the Middle East, North America, and Asia Pacific are expected to drive the drilling fluids market in the onshore reserves. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional drilling fluids market and analyzes the variations in the growth of the industry in certain regions.

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 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 RegionalOutlook (Revenue, USD Million, 2015 - 2021)
• North America
• Europe
• Asia Pacific
• Middle
• East & Africa
• ROW (Rest ofWord)

Newpark Resources Inc., National Oilwell Varco, Schlumberger Technology Corporation, Canadian Energy Services &Technology Corp., Anchor Drilling Fluids USA Inc., and Halliburton Company are the most active players in the drilling fluids market.

This report covers the drilling fluids market, in terms of value, and forecasts the market size till 2021. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global drilling fluids market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

The deep-dive study on the drilling fluids market will help customers with the identification of new market opportunities and targeted promotional plans. The report provides global market trends, with data from 2013, estimates for 2014 and 2015, and projections of CAGRs through 2021.

Request Sample Report: https://www.marketresearchengine.com/reportdetails/drilling-fluids-market

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