Global Drilling Fluids (Oil-Based, Synthetics-Based, Water-Based) Market Size, Share & Trends Analysis Report 2019-2025 -

The "Drilling Fluids Market Size, Share & Trends Analysis Report By Product (Oil-Based, Synthetics-Based, Water-Based), By Application (Onshore, Offshore), By Region, And Segment Forecasts, 2019 - 2025" report has been added to's offering.

The global drilling fluids market size is projected to reach USD 10.12 billion by 2025

The market is projected to witness a moderate CAGR of 3.8% over the forecast period, from 2019 to 2025. Revival of new E&P projects along with several upcoming exploration and production bids over the next few years is predicted to spur the market growth over the forecast period.

Development of advanced formulations and performance additives mainly for wells where horizontal or directional drilling is required is projected to create huge opportunities for the industry expansion. Strict regulatory mandates by government regulatory bodies are expected to alter the growth owing to the potential environmental risk associated with upstream operations.

Governments of various countries including U.S, China, India, Australia, and G20 nations, support development of natural gas resources and have undertaken several favorable initiatives to extract hydrocarbons from conventional as well as unconventional sources, such as shale, CBM, and tight gas. Re-initiation of various offshore as well as shale gas basin operations post recovery of crude oil prices during 2017 to 2018 is also anticipated to drive the demand for drilling fluid significantly.

Water based fluids was the most prominent product segment and accounted for over 51% of the total market share in terms of revenue in 2018. The oil-based muds segment has been projected to expand to over USD 2.60 billion by 2025, at CAGR of 2.6% from 2019 to 2025.

Further key findings from the report suggest:

  • Onshore segment is anticipated to increase the revenue up to USD 6.01 billion by 2025, at a CAGR of 3.5% over the forecast period
  • In 2018, North America held approximately 25% of the global drilling fluids market share owing to favorable government initiatives in U.S. and Canada
  • U.S. drilling mud industry has been predicted to capture over 77% of North American market by 2025, expanding at a CAGR of 3.8% over the next seven years
  • Asia Pacific is expected to reach USD 1.50 Billion by 2025 owing to growing E&P activities in countries such as China and Indonesia
  • Large unexplored shale reserves along with anticipated project initiation in several offshore basins in the South China Sea offers lucrative opportunities for market expansion in China in the forthcoming years
  • Russia was valued at USD 1.06 billion in 2018 and is estimated to expand at a CAGR of 3.5% from 2019 to 2025
  • Major market players include Weatherford International, Baker Hughes, Halliburton, National Oilwell Varco, and Schlumberger

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Market Variables, Trends, and Scope

3.1 Market lineage outlook

3.1.1 global drilling industry

3.2 Penetration & Growth Prospect Mapping

3.3 Industry Value Chain Analysis

3.3.1 Raw material trends Major Raw Materials Analysis Procurement Best Practices

3.3.2 Manufacturing Trends Technology Trends Outsourcing & Contract Manufacturing Trends Cost Structure Analysis

3.3.3 Sales Channel Analysis

3.3.4 Vendor Selection Criteria Analysis

3.3.5 Profit Margin Analysis

3.3.6 List of Key End-Users by Region/by Product/ by Country

3.4 Technological Overview

3.5 Regulatory Framework

3.5.1 Product Classification Codes

3.5.2 Standard & Compliances

3.5.3 Safety

3.6 Drilling Fluids Market Dynamics

3.6.1 Market Driver Analysis Rising global hydrocarbon E & P Shift in trend toward developing unconventional resources Increasing offshore production

3.6.2 Market Restraint Analysis Crude oil price slump Adverse environmental impact of OBF

3.6.3 Industry Challenges

3.7 Key opportunities - Prioritized

3.8 Business Environment Analysis

3.8.1 Porter's Five Forces

3.8.2 PESTEL Analysis

Chapter 4 Drilling Fluids: Product Estimates & Trend Analysis

4.1 Definition & Scope

4.2 Global Drilling Fluids Market: Source Movement Analysis, 2018 & 2025

4.2.1 Oil based fluids (OBF)

4.2.2 Synthetic based fluids (SBF)

4.2.3 Water based fluids (WBF)

4.2.4 Others

Chapter 5 Drilling Fluids: Application Estimates & Trend Analysis

5.1 Definition & Scope

5.2 Global Drilling Fluids Market: Application Movement Analysis, 2018 & 2025

5.2.1 Onshore

5.2.2 Offshore

Chapter 6 Drilling Fluids: Regional Estimates & Trend Analysis

6.1 Global drilling fluids market: Regional movement analysis, 2018 & 2025

Chapter 7 Competitive & Vendor Landscape

7.1 Key 5 global players & recent developments & their impact on the industry

7.2 Vendor Landscape

7.2.1 List of key distributors and channel partners

7.2.2 Key company market share analysis, 2018

7.3 Major Market Players Overview

7.4 Competitive Environment

7.5 Strategic Framework

Chapter 8 Company Profiles

  • Baker Hughes, Inc.
  • Halliburton, Inc.
  • Weatherford International.
  • Schlumberger Limited.
  • Newpark Resources, Inc.
  • Anchor Drilling Fluids USA, LLC.
  • TETRA Technologies, Inc.
  • Petrochem Performance Chemicals Ltd. LLC.
  • Canadian Energy Services & Technology Corporation.
  • International Drilling Fluids and Engineering Services (IDEC) Ltd.
  • China Oilfield Services Limited.
  • Flotek Industries, Inc.
  • Global Drilling Fluids and Chemicals Limited.
  • National Oilwell Varco (NOV)
  • Scomi Group Bhd
  • Catalyst LLC.
  • QMax

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