Report cover image

Global Drilling Polymers Market Size Study, by Technique (DTH Drills, Diamond Drilling, Top Hammer Drilling), by End-Use (Oil & Gas, Mining, Construction), by Type (Polyacrylamide, Others), and Regional Forecasts 2024-2034

Publisher Factview Research
Published Aug 18, 2025
Length 285 Pages
SKU # FAVR20464282

Description

The Global Drilling Polymers Market is estimated to be valued at approximately USD 2.226 billion in 2024 and is projected to grow steadily at a (CAGR) of 3.9% over the forecast period from 2024 to 2034.Drilling polymers play a pivotal role in modern drilling operations, particularly in industries like oil & gas, mining, and construction. These polymers serve as essential additives in drilling fluids, enhancing viscosity, lubricity, and stability, which ensures efficient drilling operations even in challenging geological conditions. The evolution of drilling technologies has spurred innovations in polymer formulations, driving their demand across end-use sectors.

The market's growth trajectory is bolstered by the escalating demand for energy resources and minerals worldwide. The surge in oil and gas exploration activities, coupled with increasing investments in mining operations, has created an expansive market for drilling polymers. Additionally, advanced drilling techniques such as DTH (Down-the-Hole) drilling and diamond drilling have significantly optimized operational efficiency, further propelling the market. However, the high cost of advanced polymer formulations and environmental concerns regarding their disposal pose challenges to market expansion. Nonetheless, ongoing R&D efforts to develop eco-friendly and cost-effective polymer solutions present lucrative opportunities for stakeholders in the market.

Regionally, North America dominates the global drilling polymers market, driven by robust oil and gas exploration activities and the presence of key market players. The region's advanced drilling infrastructure and favorable regulatory framework further fuel its growth. Meanwhile, the Asia Pacific region is expected to witness the fastest growth, supported by significant mining activities in countries like China, India, and Australia. Additionally, rising construction projects in these countries enhance the demand for drilling polymers. Europe also holds a substantial market share, with increasing exploration activities and stringent environmental regulations shaping the polymer landscape.

Major market players included in this report are:
  • Schlumberger Limited
  • Halliburton Company
  • Baker Hughes Company
  • BASF SE
  • Clariant AG
  • SNF Holding Company
  • Kemira Oyj
  • Ashland Global Holdings Inc.
  • Solvay S.A.
  • Chevron Phillips Chemical Company LLC
  • Arkema S.A.
  • Dow Inc.
  • Akzo Nobel N.V.
  • Lubrizol Corporation
  • Stepan Company
The detailed segments and sub-segments of the market are explained below:

By Technique
  • DTH Drills
  • Diamond Drilling
  • Top Hammer Drilling
By End-Use
  • Oil & Gas
  • Mining
  • Construction
By Type
  • Polyacrylamide
  • Others
By Region

North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Mexico
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa
Years considered for the study are as follows:
  • Historical Year: 2023
  • Base Year: 2024
  • Forecast Period: 2024 to 2034
Key Takeaways:
  • Market Estimates & Forecast for 10 years from 2024 to 2034.
  • Annualized revenue analysis for each market segment and region.
  • Detailed geographical insights with country-specific analysis for major regions.
  • In-depth competitive landscape analysis and key business strategy recommendations.
  • Comprehensive demand-side and supply-side market dynamics analysis.

Table of Contents

285 Pages
Chapter 1. Global Drilling Polymers Market Executive Summary
1.1. Global Drilling Polymers Market Size & Forecast (2024-2034)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Technique
1.3.2. By End-Use
1.3.3. By Type
1.4. Key Trends
1.5. Recession Impact
1.6 Investment Analysis
1.7 Investment Rationale
1.8. Analyst Recommendation & Conclusion
Chapter 2. Global Drilling Polymers Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Drilling Polymers Market Dynamics
3.1. Market Drivers
3.1.1. Rising Demand in Oil & Gas Exploration
3.1.2. Technological Advancements in Drilling Techniques
3.1.3. Increasing Investments in Mining Operations
3.2. Market Challenges
3.2.1. High Cost of Advanced Polymer Formulations
3.2.2. Environmental Concerns Regarding Polymer Disposal
3.3. Market Opportunities
3.3.1. Development of Eco-Friendly Polymer Solutions
3.3.2. Expansion in Emerging Markets
3.3.3. Innovations in Cost-Effective Polymer Technologies
Chapter 4. Global Drilling Polymers 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
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Drilling Polymers Market Size & Forecasts by Technique 2022-2032
5.1. Segment Dashboard
5.2. Global Drilling Polymers Market: Technique Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. DTH Drills
5.2.2. Diamond Drilling
5.2.3. Top Hammer Drilling
Chapter 6. Global Drilling Polymers Market Size & Forecasts by End-Use 2022-2032
6.1. Segment Dashboard
6.2. Global Drilling Polymers Market: End-Use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Oil & Gas
6.2.2. Mining
6.2.3. Construction
Chapter 7. Global Drilling Polymers Market Size & Forecasts by Type 2022-2032
7.1. Segment Dashboard
7.2. Global Drilling Polymers Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.2.1. Polyacrylamide
7.2.2. Others
Chapter 8. Global Drilling Polymers Market Size & Forecasts by Region 2022-2032
8.1. North America Drilling Polymers Market
8.1.1. U.S. Drilling Polymers Market
8.1.1.1. DTH Drills Breakdown Size & Forecasts, 2022-2032
8.1.1.2. Oil & Gas Breakdown Size & Forecasts, 2022-2032
8.1.2. Canada Drilling Polymers Market
8.2. Europe Drilling Polymers Market
8.2.1. U.K. Drilling Polymers Market
8.2.2. Germany Drilling Polymers Market
8.2.3. France Drilling Polymers Market
8.2.4. Spain Drilling Polymers Market
8.2.5. Italy Drilling Polymers Market
8.2.6. Rest of Europe Drilling Polymers Market
8.3. Asia-Pacific Drilling Polymers Market
8.3.1. China Drilling Polymers Market
8.3.2. India Drilling Polymers Market
8.3.3. Japan Drilling Polymers Market
8.3.4. Australia Drilling Polymers Market
8.3.5. South Korea Drilling Polymers Market
8.3.6. Rest of Asia Pacific Drilling Polymers Market
8.4. Latin America Drilling Polymers Market
8.4.1. Brazil Drilling Polymers Market
8.4.2. Mexico Drilling Polymers Market
8.4.3. Rest of Latin America Drilling Polymers Market
8.5. Middle East & Africa Drilling Polymers Market
8.5.1. Saudi Arabia Drilling Polymers Market
8.5.2. South Africa Drilling Polymers Market
8.5.3. Rest of Middle East & Africa Drilling Polymers Market
Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Schlumberger Limited
9.1.2. Halliburton Company
9.1.3. Baker Hughes Company
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Schlumberger Limited
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Market Strategies
9.3.2. BASF SE
9.3.3. Clariant AG
9.3.4. SNF Holding Company
9.3.5. Kemira Oyj
9.3.6. Ashland Global Holdings Inc.
9.3.7. Solvay S.A.
9.3.8. Chevron Phillips Chemical Company LLC
9.3.9. Arkema S.A.
9.3.10. Dow Inc.
9.3.11. Akzo Nobel N.V.
9.3.12. Lubrizol Corporation
9.3.13. Stepan Company
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

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us