September 29, 2020

Drilling Fluid Market Size, Opportunities and Forecast 2020 to 2027

According to the study carried out by Acumen Research & Consulting, The Drilling Fluid market expected to high revenue by 2020 to 2027.

The study primarily analyses the scale of the Drilling Fluid market, current developments and growth status as well as investment prospects, government initiatives, industry dynamics (drivers, challenges and opportunities), supply chain and competitive environment. Technological advancement and development would further improve the product’s performance and increase its use in downstream applications. Moreover, the porter five forces study provides important facts on the Drilling Fluid market (potential entrants, manufacturers, replacements, purchasers, company competitors).

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The overall size of the market is determined in accordance with primary and secondary sources. The analysis process starts with exhaustive secondary research from internal and external sources, in order to collect qualitative and quantitative market-related data. Main interviews with experts and analysts in industry have also been carried out in order to verify data and analysis. Industry professionals are usually involved in this process, including VPs, managers of corporate growth, market analysis and domestic distribution officers and outside advisers, as well as policy consultants, statistical researchers and leading opinion leaders trained in the Drilling Fluid market.

The goal of the research is to establish the global demand for Drilling Fluid market, including all stakeholders of the market, in detail. This research represented the historical and present state of the industry with the anticipated market size and innovations in simple language, with the application of quantitative statistics. In the study, the leading players, market leaders, supporters and new entrants in particular are discussed in all areas of the industry. The research is a detailed assessment of the possible business effect for microeconomic variables by PORTER, PESTEL. External and internal factors were examined that would affect the industry positively or negatively, offering decision-makers a strong future-orientated outlook on the market. This research also helps to explain the complexities of the market and the function of the global Drilling Fluid market. The research offers an summary of the strategic dynamics of leading players in the global drug market, prices, financial situation, product portfolio and growth strategies.

Market participants

Schlumberger, Chevron Phillips Chemical Company PLC, Halliburton Technology Center, Tetra Technologies, Inc., Baker Hughes, GE Company, Lubrizol, Scomi Group Bhd, Global Drilling Fluids and Chemicals Limited, and Anchor Drilling Fluid among others.

Market segmentation

Market By Type
  • Water-based fluid
  • Non-aqueous fluid
    • Oil-based fluid
    • Synthetic-based Fluid
  • Pneumatic fluid
  • Others
Market By Location
  • Onshore
  • Offshore
Market By Geography
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Norway
    • U.K.
    • Russia
    • Denmark
    • Rest of Europe
  • Asia-Pacific
    • China
    • Indonesia
    • Australia
    • Malaysia
    • India
    • Rest of Asia-Pacific
  • Middle East and Africa (MEA)
    • Kuwait
    • South Arabia
    • Nigeria
    • Algeria
    • Iran
    • Rest of Middle East and Africa (MEA)
  • Rest of the World (RoW)
    • Brazil
    • Argentina
    • Venezuela
    • Rest of rest of the World (RoW)

Table of content

CHAPTER 1. Market Scope and Methodology
1.1. Market Definition
1.2. Market Segmentation
     1.2.1. Market Breakdown, By Type
     1.2.2. Market Breakdown, By Location
     1.2.3. Market Breakdown, By Region
1.3. Research Methodology
1.4. Executive Summary
CHAPTER 2. Market Outlook
2.1. Introduction
2.2. Value Chain Analysis
2.3. Landscape
     2.3.1. Market Share
     2.3.2. Opportunities
              2.3.2.1. Development of biodegradable drilling fluids
              2.3.2.2. Development of advanced drilling fluid additives
     2.3.3. Trends
               2.3.3.1. Reuse of drilling fluids
               2.3.3.2. Reduction of non-production time
     2.3.4. Growth Drivers
               2.3.4.1. Increase in oil and gas exploration activities
               2.3.4.2. Development of drilling fluids for HPHT and ultra-deep wells
               2.3.4.3. Development of drilling fluid support system
               2.3.4.4. Drilling of unconventional hydrocarbon reserves
     2.3.5. Impact Analysis of Drivers on Future Forecast of the Market
     2.3.6. Restraints of the Market
               2.3.6.1. Drilling fluid impacts on environment
               2.3.6.2. Strict government regulation
     2.3.7 Impact Analysis of Restraints on Future Forecast of the Market
CHAPTER 3. Market Entry Strategy
3.1. Regional Regulatory Affairs
3.2. Competitive Analysis
3.3. Investment Analysis
3.4. Recommendation
CHAPTER 4. Global Drilling fluid Market Size and Forecast (2013 – 2023)
4.1. Global Drilling Fluid Market, By Type
     4.1.1. Water-based fluid
     4.1.2. Non-Aqueous Fluid
               4.1.2.1. Oil-based fluid
               4.1.2.2. Synthetic-based fluid
     4.1.3. Pneumatic Fluid
     4.1.4. Others
4.2. Global Drilling Fluid Market, By Location
     4.2.1. Onshore
     4.2.2. Offshore
4.3. Global Drilling Fluid Market, By Region
     4.3.1. North America
     4.3.2. Europe
     4.3.3. Asia-Pacific
     4.3.4. Middle East and Africa (MEA)
     4.3.5. Rest of the World (RoW)
CHAPTER 5. Global Drilling fluid Market, By Geography
5.1. North America Drilling fluid Market
     5.1.1. North America Drilling fluid Market, By Type
     5.1.2. North America Drilling fluid Market, By Location
     5.1.3. North America Drilling fluid Market, By Country
               5.1.3.1. The U.S.
               5.1.3.2. Canada
               5.1.3.3. Mexico
5.2. Europe Drilling fluid Market
     5.2.1. Europe Drilling fluid Market, By Type
     5.2.2. Europe Drilling fluid Market, By Location
     5.2.3. Europe Drilling fluid Market, By Country
               5.2.3.1. Norway
               5.2.3.2. UK
               5.2.3.3. Russia
               5.2.3.4. Denmark
               5.2.3.5. Rest of the Europe
5.3. Asia-Pacific Drilling Fluid Market
     5.3.1. Asia-Pacific Drilling Fluid Market, By Type
     5.3.2. Asia-Pacific Drilling Fluid Market, By Location
     5.3.3. Asia-Pacific Drilling Fluid Market, By Country
               5.3.3.1. China
               5.3.3.2. Indonesia
               5.3.3.3. Malaysia
               5.3.3.4. Australia
               5.3.3.5. India
               5.3.3.6. Rest of Asia-Pacific
5.4. Middle East and Africa (MEA) Drilling Fluid Market
     5.4.1. Middle East and Africa (MEA) Drilling Fluid Market, By Type
     5.4.2. Middle East and Africa (MEA) Drilling Fluid Market, By Location
     5.4.3. Middle East and Africa (MEA) Drilling Fluid Market, By Country
               5.4.3.1. Kuwait
               5.4.3.2. Saudi Arabia
               5.4.3.3. Iran
               5.4.3.4. Nigeria
               5.4.3.5. Algeria
               5.4.3.6. Rest of Middle East and Africa (MEA)
5.5. Rest of the World (RoW) Drilling Fluid Market
     5.5.1. Rest of the World (RoW) Drilling Fluid Market, By Type
     5.5.2. Rest of the World (RoW) Drilling Fluid Market, By Location
     5.5.3. Rest of the World (RoW) Drilling Fluid Market, By Country
               5.5.3.1. Brazil
               5.5.3.2. Argentina
               5.5.3.3. Venezuela
               5.5.3.4. Rest of Rest of World (RoW)
CHAPTER 6. Competitive Analysis
6.1. Company Market Share Analysis (2016)
6.2. Porters Five Forces Analysis
     6.2.1. Bargaining Power of Buyers
     6.2.2. Bargaining Power of Suppliers
     6.2.3. Threat of New Entrants
     6.2.4. Intensity of Rivalry
     6.2.5. Threat of Substitutes
CHAPTER 7. Key Players and Strategic Developments
7.1. Schlumberger
     7.1.1. Business Overview
     7.1.2. Product and Service Offering
     7.1.3. Financial Overview
     7.1.4. Strategic Developments
7.2. Halliburton
     7.2.1. Business Overview
     7.2.2. Product and Service Offering
     7.2.3. Financial Overview
     7.2.4. Strategic Developments
7.3. Baker Hughes
     7.3.1. Business Overview
     7.3.2. Product and Service Offering
     7.3.3. Financial Overview
     7.3.4. Strategic Developments
7.4. Newpark
     7.4.1. Business Overview
     7.4.2. Product and Service Offering
     7.4.3. Financial Overview
     7.4.4. Strategic Developments
7.5. Tetra Technologies Inc.
     7.5.1. Business Overview
     7.5.2. Product and Service Offering
     7.5.3. Financial Overview
     7.5.4. Strategic Developments
7.6. Lubrizol
     7.6.1. Business Overview
     7.6.2. Product and Service Offering
     7.6.3. Financial Overview
     7.6.4. Strategic Developments
7.7. Canadian Energy Services & Technology Corp
     7.7.1. Business Overview
     7.7.2. Product and Service Offering
     7.7.3. Financial Overview
     7.7.4. Strategic Developments
7.8. Global Drilling Fluid & Chemical Ltd
     7.8.1. Business Overview
     7.8.2. Product and Service Offering
     7.8.3. Financial Overview
     7.8.4. Strategic Developments
7.9. Chevron Phillips Chemical Company LLC
     7.9.1. Business Overview
     7.9.2. Product and Service Offering
     7.9.3. Financial Overview
     7.9.4. Strategic Developments
7.10. Scomi Group Bhd
     7.10.1. Business Overview
     7.10.2. Product and Service Offering
     7.10.3. Financial Overview
     7.10.4. Strategic Developments
7.11. Anchor Drilling Fluids
     7.11.1. Business Overview
     7.11.2. Product and Service Offering
     7.11.3. Financial Overview
     7.11.4. Strategic Developments
CHAPTER 8. RESEARCH APPROACH
8.1. Initial Data Search
8.2. Secondary Research
8.3. Primary Research
8.4. Scope and Assumptions

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THOMAS ROBBINS

is a freelancer, a graduate of the University of Pennsylvania with a BA in English, he studied accounting at the Wharton School of Business, and currently lives in Staten Island has been covering business and technology for a variety of publications since 1989. He worked for Red Herring, Beyond Computing & Accounting Technolgy. He covers accounting, taxes, finance, government news & technology for the site Mail me

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