Drilling Chemicals Market, By Chemicals, By Base Fluid Type, By Application, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

Drilling chemicals are also called drilling muds which are heavy, viscous fluid mixture that is used in oil and gas drilling operations to carry rock cuttings to the surface and also to lubricate and cool the drill bit. Drilling chemicals find application in simpler bore holes such as water wells and metal and mineral extraction. Depending on the application, drilling chemicals are classified into onshore and offshore chemicals. Therefore, increasing demand for drilling chemicals is expected to boost the drilling chemicals market growth over the forecast period.

Market Dynamics

Among applications, the onshore drilling segment is expected to witness a significant market share in the global drilling chemicals market. In 2021, the segment accounted for around 70.0% share of the global drilling chemicals market in terms of revenue. The onshore oil and natural gas industry continue to evolve, developing best practices and improving well designs. This evolution resulted in reduced drilling and completion times, lower total well costs, and increased well performance.

Asia Pacific is expected to emerge as one of the potential areas for investment by the end of 2030. This is owing to the significant growth of the oil and gas industry in India and China. According to India Brand Equity Foundation, the oil and natural gas industry in India is expected to attract US$ 25 billion investment in exploration and production projects by 2022.

Key features of the study:

This report provides in-depth analysis of drilling chemicals market and provides market size (US$ Million & KT) and Cumulative Annual Growth Rate (CAGR%) for the forecast period (2022 - 2030), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global drilling chemicals market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Anchor Drilling Fluids Inc., MB Holding Company LLC, Tetra Technologies Inc., International Drilling Fluids and Engineering Services (Idec) Ltd., Canadian Energy Services Inc., Weatherford International Ltd., Global Fluids & Chemical Co., Baker Hughes, Newpark Drilling Fluids LLC., Diamoco Group, M-I SWACO, Schlumberger, Oren Hydrocarbons, and Halliburton
Insights from this report would allow marketers and the management authorities of the companies to make an informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
The global drilling chemicals market report caters to various stakeholders in this industry including investors, suppliers, drilling chemicals manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the drilling chemicals market

Detailed Segmentation:

Global Drilling Chemicals Market, By Chemicals:
- Dispersants & Deflocculants
- Clean Up Chemicals
- Shale Stabilizers
- Drilling Mud Defoamers and Foaming Agents
- Drilling Mud Lubricants
- Drilling Mud Surfactants
- Spotting Fluids
- Fluid Loss Control Additives
- Loss Circulation Material
- Emulsifiers for Water-based and Oil-based Systems
- Drilling Polymers
- Weight Materials
- Corrosion Inhibitor
- Scavengers & Biocides
- Viscosifiers
- Adhesives & Sealants
- Commercial Chemicals
Global Drilling Chemicals Market, By Base Fluid Type:
- Oil-based Fluids
- Water-based Fluids
- Synthetic-based Drilling Fluids
- Pneumatic Drilling fluids
Global Drilling Chemicals Market, By Application:
- Onshore Drilling
- Offshore Drilling
Global Drilling Chemicals Market, By Region:
- North America
  - U.S.
  - Canada
  - Mexico
- South America
  - Brazil
  - Argentina
  - Rest of South America
- Europe
  - Germany
  - Italy
  - France
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - South Korea
  - Rest of Asia Pacific
- Middle East & Africa
  - Middle East
  - Africa
Company Profiles
- Anchor Drilling Fluids Inc.*
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- MB Holding Company LLC
- Tetra Technologies Inc.
- International Drilling Fluids and Engineering Services (Idec) Ltd.
- Canadian Energy Services Inc.
- Weatherford International Ltd.
- Global Fluids & Chemical Co.
- Baker Hughes
- Newpark Drilling Fluids LLC
- Diamoco Group
- M-I SWACO
- Schlumberger
- Oren Hydrocarbons
- Halliburton

Product Code: CMI334

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Chemicals
- Market Snippet, By Base Fluid Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Drilling Chemicals Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Drilling Chemicals Market- COVID-19
Impact Analysis

5. Global Drilling Chemicals Market, By Chemicals, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030(%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Dispersants & Deflocculants
Lignites
Lignosulfonates
Tannin
Polyacrylates
Anionic Polymer
Clean Up Chemicals
Drilling Detergent
Rig Wash Fluid
Shale Stabilizer
Sodium Sulfonated Asphalt
Potassium Sulfonated Asphalt
Oxidized Asphalt
Synthetic Gilsonite
Partially Hydrolyzed Poly Acryl amide (PHPA)
Cloud Point Glycol
Sodium Silicate
Potassium Silicate
Polyacrylate
Polyglycol
Polyacrylamide
Natural Gilsonite
Drilling Mud Defoamers and Foaming Agents
Alcohol Base Defoamer
Stearate Base Defoamer
Butyl Base Defoamer
Drilling Foamer
Silicate Base Defoamer
Drilling Mud Lubricants
Extreme Pressure Lubricant (Water Based)
Extreme Pressure Lubricant (Ester Based)
Extreme Pressure Lubricant (For Sodium Silicate Mud)
Extreme Pressure Lubricant (Environmentally Friendly Non-toxic Oil Based)
Drilling Mud Surfactants
Anionic Surfactant
Cationic Surfactant
Non Ionic Surfactant
Spotting Fluids
Asphaltic Base
Weighted
Non-weighted
Fluid Loss Control Additives
Carboxy Methyl Cellulose
Poly Anionic Cellulose
Resinated Lignite
Poly Anionic Cellulose
Pregelatinized Starch
Modified Lignite
Guar Gum
Sodium Polyacrylate
Loss Circulation Material
Walnut Shell
Mica Flakes
Blended & Fiberous LCM
Calcium Carbonate
Cotton Seed Hull
Cellophane Flakes
Emulsifiers for Water-based and Oil-based Systems
Primary Emulsifier
Secondary Emulsifier
Drilling Polymers
PHPA
Cloud Point Glycol
Xanthum Gum
Hydro Ethyl Cellulose (HEC)
Sodium Polyacrylate
Weight Materials
Barite
Calcium Carbonate
Hematite
Attapulgite Clay
Corrosion Inhibitor
Corrosion Inhibitor for Oil Line
Corrosion Inhibitor for Gas Line
Scavengers & Biocides
Oxygen Scavenger
Zinc Carbonate (H2S Scavenger)
Biocide
Amine Type
Aldehyde Type
Ammonium Type
Viscosifiers
Bentonite Extender
Carboxy Methyl Cellulose (CMC)
Poly Anionic Cellulose (PAC)
Drilling Starch
Guar Gum
Attapulgite Clay (Salt Water Clay)
Organophilic Clay
Xanthum Gum (XC Polymer)
Adhesives & Sealants
Epoxy Based Sealants
Thermo Setting Adhesives
Cold Setting Adhesives
Phenolic resins and other modified Resins
Commercial Chemicals
Potassium Chloride (KCL)
Calcium Chloride
Salt: Sodium Chloride
Calcium Bromide
Lime: Calcium Hydroxide
Potassium Sulphate
Sodium Bi-Carbonate
Potassium Hydroxide (KOH)
SAPP
Caustic Soda
Soda Ash
Soda Bi-Carbonate
Citric Acid
Caustic Soda

6. Global Drilling Chemicals Market, By Base Fluid Type, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030(%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Oil-based fluids (OBF)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million & KT)
Shale Stabilizer
Rheology Modifier
Mud thinner
Viscosifier
Flitrate Reducer
Emulsifiers
Wetting Agent
Others
Water-based Fluids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million & KT)
High Performance Water Based Fluids
Clear Brine Drilling Fluids
Synthetic-based Drilling Fluids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million & KT)
Esters
Polyalphaolefins (PAOs)
Olefin Isomers
Others
Pneumatic Drilling Fluids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million & KT)
Air/Gas
Aerated Fluids
Foam

7. Global Drilling Chemicals Market, By Application, 2017-2030 (US$ Million)

Introduction
Market Share Analysis, 2022 and 2030(%)
Y-o-Y Growth Analysis, 2019 - 2027
Segment Trends
Onshore Drilling
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million & KT)
Offshore Drilling
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million & KT)

8. Global Drilling Chemicals Market, By Region, 2017-2030 (US$ Million)

Introduction
Market Share Analysis, By Region, 2022 and 2030(%)
Y-o-Y Growth Analysis, For Regions, 2017 - 2030
North America
Market Share Analysis, By Country, 2022 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
U.S.
Canada
Mexico
Latin America
Market Share Analysis, By Country, 2022 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
Brazil
Argentina
Rest of South America
Europe
Market Share Analysis, By Country, 2022 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
Germany
Italy
France
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2022 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
China
India
Japan
South Korea
Rest of Asia Pacific
Middle East
Market Share Analysis, By Country, 2022 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
Africa
Market Share Analysis, By Country, 2022 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Anchor Drilling Fluids Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
MB Holding Company LLC
Tetra Technologies Inc.
International Drilling Fluids and Engineering Services (Idec) Ltd.
Canadian Energy Services Inc.
Weatherford International Ltd.
Global Fluids & Chemical Co.
Baker Hughes
Newpark Drilling Fluids LLC.
Diamoco Group
M-I SWACO
Schlumberger
Oren Hydrocarbons
Halliburton

10. Section

References
Research Methodology
About Us and Sales Contact

Drilling Chemicals Market, By Chemicals, By Base Fluid Type, By Application, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030