Drilling Fluids Market: Global Industry growing at a CAGR of 10.1% during the forecast period 2017-2026
Global Drilling Fluids Market latest research report offers a complete analysis of the industry influencing driving factors, impacting trends and demand , competitive landscape and factors restraining the growth of the market.
(EMAILWIRE.COM, August 12, 2018 ) The report analyzes and presents an overview of Drilling Fluids - Global Market Outlook (2017-2026)' is a professional analysis, drivers, constraints, opportunities, threats, challenges, investment opportunities, and recommendations and in-depth research & with a focus on the current state of the global industry.
Global Drilling Fluids Market is expected to grow at a CAGR of 10.1% during the forecast period. Increasing crude oil & natural gas demand in various energy-intensive industries and growing demand for increasing production rates, efficiency and mitigating gas related capital expenditures are some of the key factors fueling the market growth. However, rising environmental, health and safety concerns regarding mud discharge and disposal of cuttings are hindering the growth of the market. One of major opportunities in the market is technological developments to modify the fluid rheology for efficient extraction in various formations.
Drilling Fluids refers to the liquid and gaseous fluid or mixtures of fluids and solids used in drilling operations. Drilling fluids aids to control pressure in a well by equalizing the pressure of the rock formations and the hydrocarbons. It is used for a particular task to avoid formation damage and to limit corrosion. It is also known as drilling mud. It is generally classified as water based, oil based and synthetic fluids.
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The Report on the Drilling Fluids market offers explain knowledge on the market parts like dominating players, Regions Covered (North America, Europe, Asia Pacific, South America and Middle East & Africa), Products Covered (Water based fluids (WBF), Oil based fluids (OBF), Synthetic based fluids (SBF), Pneumatic Fluid and Other Products)
SOME OF THE KEY PLAYERS IN GLOBAL DRILLING FLUIDS MARKET INCLUDE
Weatherford International
Anchor Drilling Fluids USA
LLC
China Oilfield Services Limited
Baker Hughes, Inc.
Catalyst LLC
Halliburton, Inc.
Schlumberger Limited
Petrochem Performance Chemicals Ltd. LLC
International Drilling Fluids and Engineering Services (IDEC) Ltd
Flotek Industries, Inc.
Global Drilling Fluids and Chemicals Limited
Scomi Group Berhad
Newpark Resources, Inc.
TETRA Technologies, Inc.
National Oilwell Varco
Browse Full Report with TOC @ https://www.researchformarkets.com/reports/drilling-fluids-global-market-130790
By product, Water-based mud (WBF) segment is anticipated to grow the market owing to possess high penetration and expansion rate on account of cost-effectiveness and reduce environmental impacts of the discharged cuttings and mud. Common categories of water-base muds are fresh water, seawater, salt water, lime, potassium and silicate.
Applications Covered:
Offshore oil & gas
Onshore oil & gas
By geography, North America is anticipated to dominate the market due to growth of drilling technologies such as horizontal drilling and hydraulic fracturing have unlocked vast hydrocarbon reserves in this region. Asia Pacific is the fastest growing market owing to rise in the demand for energy due to the growing population and expansion of drilling & exploration activities in this region.
WHAT OUR REPORT OFFERS:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Place a Purchase Order for Drilling Fluids Market@ https://www.researchformarkets.com/buy-now/drilling-fluids-global-market-130790/one
Note: Any special requirements about this report, please let us know and we can provide custom report.
About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Global Drilling Fluids Market is expected to grow at a CAGR of 10.1% during the forecast period. Increasing crude oil & natural gas demand in various energy-intensive industries and growing demand for increasing production rates, efficiency and mitigating gas related capital expenditures are some of the key factors fueling the market growth. However, rising environmental, health and safety concerns regarding mud discharge and disposal of cuttings are hindering the growth of the market. One of major opportunities in the market is technological developments to modify the fluid rheology for efficient extraction in various formations.
Drilling Fluids refers to the liquid and gaseous fluid or mixtures of fluids and solids used in drilling operations. Drilling fluids aids to control pressure in a well by equalizing the pressure of the rock formations and the hydrocarbons. It is used for a particular task to avoid formation damage and to limit corrosion. It is also known as drilling mud. It is generally classified as water based, oil based and synthetic fluids.
Request Free Sample Copy of the Report @ https://www.researchformarkets.com/sample/drilling-fluids-global-market-130790
The Report on the Drilling Fluids market offers explain knowledge on the market parts like dominating players, Regions Covered (North America, Europe, Asia Pacific, South America and Middle East & Africa), Products Covered (Water based fluids (WBF), Oil based fluids (OBF), Synthetic based fluids (SBF), Pneumatic Fluid and Other Products)
SOME OF THE KEY PLAYERS IN GLOBAL DRILLING FLUIDS MARKET INCLUDE
Weatherford International
Anchor Drilling Fluids USA
LLC
China Oilfield Services Limited
Baker Hughes, Inc.
Catalyst LLC
Halliburton, Inc.
Schlumberger Limited
Petrochem Performance Chemicals Ltd. LLC
International Drilling Fluids and Engineering Services (IDEC) Ltd
Flotek Industries, Inc.
Global Drilling Fluids and Chemicals Limited
Scomi Group Berhad
Newpark Resources, Inc.
TETRA Technologies, Inc.
National Oilwell Varco
Browse Full Report with TOC @ https://www.researchformarkets.com/reports/drilling-fluids-global-market-130790
By product, Water-based mud (WBF) segment is anticipated to grow the market owing to possess high penetration and expansion rate on account of cost-effectiveness and reduce environmental impacts of the discharged cuttings and mud. Common categories of water-base muds are fresh water, seawater, salt water, lime, potassium and silicate.
Applications Covered:
Offshore oil & gas
Onshore oil & gas
By geography, North America is anticipated to dominate the market due to growth of drilling technologies such as horizontal drilling and hydraulic fracturing have unlocked vast hydrocarbon reserves in this region. Asia Pacific is the fastest growing market owing to rise in the demand for energy due to the growing population and expansion of drilling & exploration activities in this region.
WHAT OUR REPORT OFFERS:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Place a Purchase Order for Drilling Fluids Market@ https://www.researchformarkets.com/buy-now/drilling-fluids-global-market-130790/one
Note: Any special requirements about this report, please let us know and we can provide custom report.
About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Contact Information:
Research For Markets
Mr. A Naidu
Tel: +448000418237
Email us
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Research For Markets
Mr. A Naidu
Tel: +448000418237
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results