Drilling Fluids Market, By Application, By Product (Water-Based Drilling Fluids, Oil-Based Drilling Fluids, Synthetic-Based Drilling Fluids, and Others ), By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

Drilling Fluids are mud mixtures used to aid in drilling oil and gas wells. These muds carry rock cuttings to the surface and lubricate and cool the drill bit. They also help avoid the collapse of unstable strata into the borehole and the intrusion of water from water-bearing formations. A well-prepared mud can also prevent contamination of the surrounding environment. Waste mud is typically stored in a dedicated pit, which can be lined with brick or pressure treated wood. A separate storage pit may be used to hold drilling fluid that is not being used or pumped at a particular time, such as after a rig has been shut in for a workover or completion operation.

Market Dynamics:

The significant increase in the number of shale gas drilling operations taking place across North America and other regions driving the demand for drilling muds with higher viscosity. This in turn is expected to propel growth of the global drilling fluids market over the forecast period.

However, a major restraint in the market is the environmental impact of using drilling fluids. These fluids contain toxic chemicals that are discharged into the groundwater during the down-hole injection and onshore disposal processes. This factor in turn is expected to hinder growth of the global drilling fluids market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global drilling fluids market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global drilling fluids market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Baker Hughes Company, Schlumberger Limited, Weatherford, DIAMOCO Group, Conquest Drilling, QMax, ChemFor, Dynamic Drilling Fluids, Halliburton, Newpark Resources Inc., AES Drilling Fluids, NOV Inc., Stellar Drilling Fluids. LLC, Secure Energy, Total Energies, and Valence Drilling Fluids, LLC
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global drilling fluids market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global drilling fluids market

Detailed Segmentation:

Global Drilling Fluids Market, By Application:
- Onshore
- Offshore
Global Drilling Fluids Market, By Product:
- Water-Based Drilling Fluids
- Oil-Based Drilling Fluids
- Synthetic-Based Drilling Fluids
- Others (Foams, Mist, Gas, Dust, Aerated Liquid)
Global Drilling Fluids Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Baker Hughes Company
- Schlumberger Limited
- Weatherford
- DIAMOCO Group
- Conquest Drilling
- QMax
- ChemFor
- Dynamic Drilling Fluids
- Halliburton
- Newpark Resources Inc.
- AES Drilling Fluids
- NOV Inc.
- Stellar Drilling Fluids. LLC
- Secure Energy
- Total Energies
- Valence Drilling Fluids, LLC

Product Code: CMI6014

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Application
- Market Snapshot, By Product
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Rise in onshore and offshore drilling activities
Growing demand for shale gas
- Restraints
Changing prices of crude oil
High cost of deepwater and ultra-deepwater drilling
- Opportunities
Rise in oil demand in Asia Pacific region
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

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

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Drilling Fluids Market, By Application, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Onshore
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Offshore
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

6. Global Drilling Fluids Market, By Product, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
Water-Based Drilling Fluids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Oil-Based Drilling Fluids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Synthetic-Based Drilling Fluids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others (Foams, Mist, Gas, Dust, Aerated Liquid)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

7. Global Drilling Fluids Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2028
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2023-2030,(US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2023-2030,(US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2023-2030,(US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2023-2030,(US$ Bn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2023-2030,(US$ Bn)

8. Competitive Landscape

Baker Hughes Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Schlumberger Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Schlumberger Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Weatherford
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
DIAMOCO Group
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Conquest Drilling
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
QMax
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
ChemFor
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Dynamic Drilling Fluids
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Halliburton
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Newpark Resources Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
AES Drilling Fluids
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
NOV Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Stellar Drilling Fluids. LLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Secure Energy
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Total Energies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Valence Drilling Fluids, LLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

9. Section

Research Methodology
About us

Drilling Fluids Market, By Application, By Product (Water-Based Drilling Fluids, Oil-Based Drilling Fluids, Synthetic-Based Drilling Fluids, and Others ), By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030