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Market Research Report
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1045581

Global Offshore Drilling Fluid Market Size study, by Product (Oil-Based Fluids (OBF), Water-Based Fluids (WBF), Synthetic-Based Fluids), by Application (Shallow Water, Deepwater, Ultra-Deepwater) and Regional Forecasts 2021-2027

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Offshore Drilling Fluid Market Size study, by Product (Oil-Based Fluids (OBF), Water-Based Fluids (WBF), Synthetic-Based Fluids), by Application (Shallow Water, Deepwater, Ultra-Deepwater) and Regional Forecasts 2021-2027
Published: January 5, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
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  • Table of Contents
Description

Global Offshore Drilling Fluid Market is valued at approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.10 % over the forecast period 2021-2027. Offshore Drilling Fluid is also known as drilling mud, assume an important part in drilling activities in oil and gas extraction, mineral extraction and bore wells. These drilling fluids are used to relinquish cuttings, grease up and cool the drilling bits, control the configuration pressure and keep up the constancy of the well. Growing government spending for improvement in oil and gas sector, fast expansion of the oil & gas sector in emerging nations has led to the adoption of Offshore Drilling Fluid across the forecast period. For Instance: as per the IBEF, in FY20, crude oil production in India stood at 32.2 MMT. Crude oil production stood at 4.9 MMT in FY22 (April-May 2021) and was 30.5 MMT for FY21. In FY20, crude oil import increased to 4.54 mbpd from 4.53 mbpd in FY19. Natural Gas consumption is forecast to reach 143.08 million tonnes (MT) by 2040. India's LNG import stood at 33.68 bcm during FY20. Also, with the increasing demand for crude oil and natural gas, the adoption & demand for Offshore Drilling Fluid is likely to increase the market growth during the forecast period. However, high investment costs for drilling and rising concerns regarding environment impede the growth of the market over the forecast period of 2021-2027.

Global Offshore Drilling Fluid Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the shale boom and increasing offshore drilling activities within this region. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as growing government spending in oil and gas sector would create profitable growth prospects for the Offshore Drilling Fluid market across Asia-Pacific region.

Major market players included in this report are:

Gumpro Drilling Fluids Pvt. Ltd.

Schlumberger Limited

Halliburton

Baker Hughes Company

National Oilwell Varco

Newpark Resources Inc.

TETRA Technologies

Weatherford

Scomi Group Bhd

GENERAL ELECTRIC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Oil-Based Fluids (OBF)

Water-Based Fluids (WBF)

Synthetic-Based Fluids (SBF)

By Application:

Shallow Water,

Deepwater

Ultra-Deepwater

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Offshore Drilling Fluid Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Global Offshore Drilling Fluid Market, by Region, 2019-2027 (USD Billion)
    • 1.2.2. Global Offshore Drilling Fluid Market, by Product, 2019-2027 (USD Billion)
    • 1.2.3. Global Offshore Drilling Fluid Market, by Application, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Offshore Drilling Fluid Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Offshore Drilling Fluid Market Dynamics

  • 3.1. Offshore Drilling Fluid Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Growing government spending for improvement in oil and gas sector
      • 3.1.1.2. Fast expansion of the oil & gas sectors in emerging nations
    • 3.1.2. Market Challenges
      • 3.1.2.1. High investment costs for drilling and rising concerns regarding environment
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Increasing demand for crude oil and natural gas

Chapter 4. Global Offshore Drilling Fluid Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Offshore Drilling Fluid Market, by Product

  • 6.1. Market Snapshot
  • 6.2. Global Offshore Drilling Fluid Market by Product, Performance - Potential Analysis
  • 6.3. Global Offshore Drilling Fluid Market Estimates & Forecasts by Product, 2018-2027 (USD Billion)
  • 6.4. Offshore Drilling Fluid Market, Sub Segment Analysis
    • 6.4.1. Oil-Based Fluids (OBF)
    • 6.4.2. Water-Based Fluids (WBF)
    • 6.4.3. Synthetic-Based Fluids (SBF)

Chapter 7. Global Offshore Drilling Fluid Market, by Application

  • 7.1. Market Snapshot
  • 7.2. Global Offshore Drilling Fluid Market by Application, Performance - Potential Analysis
  • 7.3. Global Offshore Drilling Fluid Market Estimates & Forecasts by Application, 2018-2027 (USD Billion)
  • 7.4. Offshore Drilling Fluid Market, Sub Segment Analysis
    • 7.4.1. Shallow Water
    • 7.4.2. Deepwater
    • 7.4.3. Ultra-Deepwater

Chapter 8. Global Offshore Drilling Fluid Market, Regional Analysis

  • 8.1. Offshore Drilling Fluid Market, Regional Market Snapshot
  • 8.2. North America Offshore Drilling Fluid Market
    • 8.2.1. U.S. Offshore Drilling Fluid Market
      • 8.2.1.1. Product breakdown estimates & forecasts, 2018-2027
      • 8.2.1.2. Application breakdown estimates & forecasts, 2018-2027
    • 8.2.2. Canada Offshore Drilling Fluid Market
  • 8.3. Europe Offshore Drilling Fluid Market Snapshot
    • 8.3.1. U.K. Offshore Drilling Fluid Market
    • 8.3.2. Germany Offshore Drilling Fluid Market
    • 8.3.3. France Offshore Drilling Fluid Market
    • 8.3.4. Spain Offshore Drilling Fluid Market
    • 8.3.5. Italy Offshore Drilling Fluid Market
    • 8.3.6. Rest of Europe Offshore Drilling Fluid Market
  • 8.4. Asia-Pacific Offshore Drilling Fluid Market Snapshot
    • 8.4.1. China Offshore Drilling Fluid Market
    • 8.4.2. India Offshore Drilling Fluid Market
    • 8.4.3. Japan Offshore Drilling Fluid Market
    • 8.4.4. Australia Offshore Drilling Fluid Market
    • 8.4.5. South Korea Offshore Drilling Fluid Market
    • 8.4.6. Rest of Asia Pacific Offshore Drilling Fluid Market
  • 8.5. Latin America Offshore Drilling Fluid Market Snapshot
    • 8.5.1. Brazil Offshore Drilling Fluid Market
    • 8.5.2. Mexico Offshore Drilling Fluid Market
  • 8.6. Rest of The World Offshore Drilling Fluid Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Gumpro Drilling Fluids Pvt. Ltd.
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Schlumberger Limited
    • 9.2.3. Halliburton
    • 9.2.4. Baker Hughes Company
    • 9.2.5. National Oilwell Varco
    • 9.2.6. Newpark Resources Inc.
    • 9.2.7. TETRA Technologies
    • 9.2.8. Weatherford
    • 9.2.9. Scomi Group Bhd
    • 9.2.10. GENERAL ELECTRIC,

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Offshore Drilling Fluid market, report scope
  • TABLE 2. Global Offshore Drilling Fluid market estimates & forecasts by Region 2018-2027 (USD Billion)
  • TABLE 3. Global Offshore Drilling Fluid market estimates & forecasts by Product 2018-2027 (USD Billion)
  • TABLE 4. Global Offshore Drilling Fluid market estimates & forecasts by Application 2018-2027 (USD Billion)
  • TABLE 5. Global Offshore Drilling Fluid market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 6. Global Offshore Drilling Fluid market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Global Offshore Drilling Fluid market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Offshore Drilling Fluid market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Offshore Drilling Fluid market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Offshore Drilling Fluid market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Offshore Drilling Fluid market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Offshore Drilling Fluid market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Offshore Drilling Fluid market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Offshore Drilling Fluid market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. U.S. Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. U.S. Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 17. U.S. Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 18. Canada Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. Canada Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 20. Canada Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 21. UK Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 22. UK Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 23. UK Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 24. Germany Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 25. Germany Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. Germany Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 27. RoE Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 28. RoE Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. RoE Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 30. China Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 31. China Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. China Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 33. India Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 34. India Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. India Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 36. Japan Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 37. Japan Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. Japan Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 39. RoAPAC Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 40. RoAPAC Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. RoAPAC Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 42. Brazil Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 43. Brazil Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. Brazil Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 45. Mexico Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 46. Mexico Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. Mexico Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 48. RoLA Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 49. RoLA Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. RoLA Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 51. Row Offshore Drilling Fluid market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 52. Row Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. Row Offshore Drilling Fluid market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 54. List of secondary sources, used in the study of global Offshore Drilling Fluid market
  • TABLE 55. List of primary sources, used in the study of global Offshore Drilling Fluid market
  • TABLE 56. Years considered for the study
  • TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Offshore Drilling Fluid market, research methodology
  • FIG 2. Global Offshore Drilling Fluid market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Offshore Drilling Fluid market, key trends 2020
  • FIG 5. Global Offshore Drilling Fluid market, growth prospects 2021-2027
  • FIG 6. Global Offshore Drilling Fluid market, porters 5 force model
  • FIG 7. Global Offshore Drilling Fluid market, pest analysis
  • FIG 8. Global Offshore Drilling Fluid market, value chain analysis
  • FIG 9. Global Offshore Drilling Fluid market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Offshore Drilling Fluid market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Offshore Drilling Fluid market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Offshore Drilling Fluid market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Offshore Drilling Fluid market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Offshore Drilling Fluid market, regional snapshot 2018 & 2027
  • FIG 15. North America Offshore Drilling Fluid market 2018 & 2027 (USD Billion)
  • FIG 16. Europe Offshore Drilling Fluid market 2018 & 2027 (USD Billion)
  • FIG 17. Asia pacific Offshore Drilling Fluid market 2018 & 2027 (USD Billion)
  • FIG 18. Latin America Offshore Drilling Fluid market 2018 & 2027 (USD Billion)
  • FIG 19. Global Offshore Drilling Fluid market, company market share analysis (2020)