Oilfield Drilling Fluids Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.
Los Angeles, CA -- (SBWIRE) -- 05/20/2019 -- Drilling fluids, also known as drilling mud, plays an important role in facilitating the drilling process by suspending cuttings, controlling pressure, stabilizing exposed rock, providing buoyancy, cooling and lubricating. Every drilling activity requires drilling fluids and they are used extensively across the globe. Drilling fluids are water, oil or synthetic-based, and each composition provides different solutions in the well.
Drilling fluids are essential to drilling success, as it maximizes recovery and minimizes the amount of time taken to achieve the required goal. Drilling deeper, longer and more challenging wells being practiced has been made possible by improvements in drilling technologies, including more efficient and effective drilling fluids.
The global Oilfield Drilling Fluids market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025. This report studies the Oilfield Drilling Fluids market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Oilfield Drilling Fluids in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
BASF
GENERAL ELECTRIC
Halliburton
Newpark Resources
Schlumberger
Baker Hughes (GE)
Halliburton
Weatherford
Schlumberger
Newpark Resources
Anchor Drilling Fluids
TETRA Technologies
By the product type, the market is primarily split into
Water-based fluids
Oil-based fluids
Synthetic-based fluids
By the end users/application, this report covers the following segments
Onshore
Offshore
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