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Global Drilling Fluids Market Research Report-Trends & Forecast, 2017-2023

Global Drilling Fluids Market Research Report-Trends & Forecast, 2017-2023

Report Description
Introduction
Drilling fluids plays a very important role in oil and gas drilling exploration activities. It is also called drilling mud. Drilling fluid is the mixture of water, oil, clay, & various chemicals. While drilling it perform numerous functions. For example, the drilling mud cools the drill bit and lubricate its teeth, it carries the drill cuttings to surface and reduce the drill pipe stuck problem. Mud maintain the hydrostatic pressure slightly above the formation pressure to prevent formation fluids from entering into the wellbore.

The drilling fluid market is driven by a number of factors. New oil reserves discoveries across the globe, growing investment in oil exploration activities, and swelling shale gas activities in U.S., are some of them. In major countries such the U.S., Russia, and Canada, the oil and gas industry is determined to install many rigs for exploration, and these are expected to drive the market for drilling fluids in near future.

In recent years, it has been seen that, exploration activities in the Gulf of Mexico region and other regions around the world are progressively moving towards deepwater ocean regions. The deepwater oil field development generally arises in the form of high-risk, and long-duration drilling project, which make them highly expensive. Water depth, well depth, reservoir pressure and temperature, field size, and distance from shore are the major cost drivers of offshore drilling. It is estimated that for such deepwater activities, drilling cost typically represent about 30% to 40% of total well costs. Therefore, the high cost for drilling activities may hurdle the growth of the market.

Key Players
Schlumberger Limited (France), Halliburton Inc. (U.S.), Baker Hughes Incorporated (U.S.), Newpark Resources Inc. (U.S.), National Oilwell Varco. (USA), Scomi Group Bhd (Malaysia), TETRA Technologies, Inc. (U.S.), Canadian Energy Services & Technology Corp. (Canada), GEO Drilling Fluids, Inc. (U.S.) and Anchor Drilling Fluids USA, Inc. (U.S.).

Objective of Global Drilling Fluids Market Analysis & Forecast, from 2017 to 2023
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments included in global offshore wind market (for the next five to ten years), with the analysis of its development and demand in the market
• To identify high growth regions and countries
• To study regional and country-specific demand and forecast for global offshore wind market
• To cover the key segments of type, application and region
• To finalize unit breakdown for all different classifications required for forecasting, considering various factors
• To identify forecast demand for all probable segments for all the regions, and to collect the historical figure, data through primary and annual reports to derive the regional and country level market size
• To identify historical trends so as to forecast and estimate the future value data

Target Audience
• Manufactures
• Oil & Gas Service Providers
• Research Institutes & education institute
• Potential investors
• Key executive (CEO and COO) and strategy growth manager

Key Findings
• Global Drilling Fluids market is expected to reach USD 13,454.5 million by 2023.
• By type, water-based fluid accounted for the largest market share of 55.90% in 2016, and is projected to grow at the highest CAGR of 7.52% during the forecast period.
• By application, onshore accounted for the largest market share of 69.40% in 2016, and is projected to grow at a CAGR of 6.80% during the forecast period.
• North America, of all regions accounted for the largest market share of 35.10% in 2016 and is projected to grow at a CAGR of 7.47% during the forecast period.

Regional and Country Analysis of global Drilling Fluids market Estimation and Forecast

Geographically, the global drilling fluids market has been divided into North America, Europe, Asia Pacific and Rest of the World. North America holds the largest market share in drilling fluids market. U.S. accounts for the largest market share in the North America. Huge hydrocarbon resources in the U.S. Shale basins, and continuous offshore drilling in the Gulf of Mexico region, are driving the demand of the market.

Asia Pacific is projected to show a high rate of growth in drilling fluid market over the coming years. There is an increase in the demand for energy due to the growing population and upsurge the drilling & exploration activities in the region.

The reports also cover country-level analysis:
North America
US
Canada

Europe
Russia
U.K
Norway
Rest of Europe

Asia Pacific
China
Indonesia
India
Australia
Rest of Asia Pacific

Middle East & Africa
Saudi Arabia
UAE
Nigeria
Rest Middle East & Africa

Latin America
Brazil
Venezuela
Argentina
Rest Latin America


1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Drivers
4.1.1 New Oil Reserves Discovery
4.1.2 Increasing Investment In Oil Exploration Activities
4.1.3 Increasing Shale Gas Activities In U.S.
4.2 Restraints
4.2.1 High Capital Cost For Drilling
4.2.2 Stringent Government Regulations
4.3 Opportunities
4.3.1 Increased Demand For Oil In Asia-pacific Region
5 Market Factor Analysis
5.1 Porter's Five Forces Analysis
5.1.1 Threat Of New Entrants
5.1.2 Bargaining Power Of Suppliers
5.1.3 Threat Of Substitutes
5.1.4 Bargaining Power Of Buyers
5.1.5 Segment Rivalry
5.2 Supply Chain Analysis
6 Global Drilling Fluids Market, By Type
6.1 Overview
6.1.1 Water Based Drilling Fluid
6.1.2 Oil-based Drilling Fluid
6.1.3 Synthetic Based Fluid
7 Global Drilling Fluids Market, By Application
7.1 Overview
7.1.1 Onshore
7.1.2 Offshore
8 Global Drilling Fluids Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 Russia
8.3.2 Norway
8.3.3 U.K.
8.3.4 Rest Of Europe
8.4 Asia-pacific
8.4.1 China
8.4.2 Indonesia
8.4.3 India
8.4.4 Australia
8.4.5 Rest Of Asia-pacific
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.2 Uae
8.5.3 Nigeria
8.5.4 Rest Of Middle East & Africa
8.6 Latin America
8.6.1 Brazil
8.6.2 Venezuela
8.6.3 Argentina
8.6.4 Rest Of Latin America
9 Competitive Scenario
9.1 Competitive Landscape
10 Company Profiles
10.1 Schlumberger Limited
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Product/Service Offering
10.1.4 Strategy
10.1.5 Key Developments
10.1.6 Swot Analysis
10.2 Halliburton Inc.
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Product/Service Offering
10.2.4 Strategy
10.2.5 Key Development
10.2.6 Swot Analysis
10.3 Baker Hughes Incorporated
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Product/Service Offering
10.3.4 Strategy
10.3.5 Key Developments
10.3.6 Swot Analysis
10.4 National Oilwell Varco Usa
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Product/Service Offering
10.4.4 Strategy
10.4.5 Key Developments
10.4.6 Swot Analysis
10.5 Newpark Resources Inc.
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Product/Service Offering
10.5.4 Strategy
10.5.5 Key Developments
10.5.6 Swot Analysis
10.6 Tetra Technologies, Inc.
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Product/Service Offering
10.6.4 Strategy
10.7 Scomi Group Bhd
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Product/Service Offering
10.7.4 Strategy
10.7.5 Key Development
10.8 Canadian Energy Services & Technology Corp.
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Product/Service Offering
10.8.4 Strategy
10.8.5 Key Developments
10.9 Anchor Drilling Fluids Usa, Inc.
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Product/Service Offering
10.9.4 Strategy
10.10 Geo Drilling Fluids, Inc.
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Product/Service Offering
10.10.4 Strategy
10.10.5 Key Developments
List Of Tables
Table 1 Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 2 Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 3 Global Drilling Fluids Market, By Region, 2015-2023 (Usd Million)
Table 4 North America: Global Drilling Fluids Market, By Country, 2015-2023 (Usd Million)
Table 5 North America: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 6 North America: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 7 U.S.: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 8 U.S.: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 9 Canada: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 10 Canada: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 11 Europe: Global Drilling Fluids Market, By Country, 2015-2023 (Usd Million)
Table 12 Europe: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 13 Europe: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 14 Russia: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 15 Russia: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 16 Norway: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 17 Norway: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 18 U.K.: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 19 U.K.: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 20 Rest Of Europe:: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 21 Rest Of Europe:: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 22 Asia-pacific: Global Drilling Fluids Market, By Country, 2015-2023 (Usd Million)
Table 23 Asia-pacific: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 24 Asia-pacific: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 25 China: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 26 China: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 27 Indonesia: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 28 Indonesia: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 29 India: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 30 India: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 31 Australia: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 32 Australia: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 33 Rest Of Asia-pacific: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 34 Rest Of Asia-pacific: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 35 Middle East & Africa: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 36 Middle East & Africa: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 37 Saudi Arabia: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 38 Saudi Arabia: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 39 Uae: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 40 Uae: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 41 Nigeria: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 42 Nigeria: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 43 Rest Of Middle East & Africa: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 44 Rest Of Middle East & Africa: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 45 Latin America: Global Drilling Fluids Market, By Country, 2015-2023 (Usd Million)
Table 46 Latin America: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 47 Latin America: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 48 Brazil: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 49 Brazil: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 50 Venezuela: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 51 Venezuela: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 52 Argentina: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 53 Argentina: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 54 Rest Of Latin America: Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Table 55 Rest Of Latin America: Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Table 56 Schlumberger Limited: Key Developments, 2014-2016.
Table 57 Halliburton Inc: Key Developments, 2014-2016.
Table 58 Baker Hughes Incorporated: Key Development, 2014-2016.
Table 59 Scomi Group Bhd: Key Development, 2014-2016.
Table 60 Ces: Key Development, 2014-2016.
List Of Figures
Figure 1 Market Synopsis
Figure 2 Research Process Of Mrfr
Figure 3 Top Down & Bottom Up Approach
Figure 4 Drivers, Restraints, And Opportunities: Global Drilling Fluids Market
Figure 5 Porter's Five Forces Analysis Of Global Drilling Fluids Market
Figure 6 Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 7 Global Drilling Fluids Market, By Type, 2015-2023 (Usd Million)
Figure 8 Global Drilling Fluids Market Share, By Application, 2016 (%)
Figure 9 Global Drilling Fluids Market, By Application, 2015-2023 (Usd Million)
Figure 10 Global Drilling Fluids Market Share, By Region, 2016 (%)
Figure 11 North America: Global Drilling Fluids Market Share, By Country, 2016 (%)
Figure 12 North America: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 13 U.S.: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 14 Canada: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 15 Europe: Global Drilling Fluids Market Share, By Country, 2016 (%)
Figure 16 Europe: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 17 Russia: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 18 Norway: Global Drilling Fluids Market Shrae, By Type, 2016 (%)
Figure 19 U.K.: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 20 Rest Of Europe: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 21 Asia-pacific: Global Drilling Fluids Market Share, By Country, 2016 (%)
Figure 22 Asia-pacific: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 23 China: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 24 Indonesia: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 25 India: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 26 Australia: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 27 Rest Of Asia-pacific: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 28 Middle East & Africa: Global Drilling Fluids Market Share, By Country, 2016 (%)
Figure 29 Middle East & Africa: Global Drilling Fluids Market, By Country, 2015-2023 (Usd Million)
Figure 30 Middle East & Africa: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 31 Saudi Arabia: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 32 Uae: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 33 Nigeria: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 34 Rest Of Middle East & Africa: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 35 Latin America: Global Drilling Fluids Market Share, By Country, 2016 (%)
Figure 36 Latin America: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 37 Brazil: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 38 Venezuela: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 39 Argentina: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 40 Rest Of Latin America: Global Drilling Fluids Market Share, By Type, 2016 (%)
Figure 41 Growth Strategies Adopted By Key Players In Global Drilling Fluids Market, 2014-2017, (%)
Figure 42 Schlumberger Limited: Total Revenue Vs Segmental Revenue (Drilling Group)
Figure 43 Schlumberger Limited: Geographic Revenue Mix, 2016 (%)
Figure 44 Schlumberger Limited: Swot Analysis.
Figure 45 Halliburton Inc: Total Revenue Vs Segmental Revenue (Drilling And Evaluation)
Figure 46 Halliburton Inc: Geographic Revenue Mix, 2016 (%)
Figure 47 Halliburton Inc: Swot Analysis
Figure 48 Baker Hughes Incorporated: Total Revenue
Figure 49 Baker Hughes Incorporated: Geographic Revenue Mix, 2016 (%)
Figure 50 Baker Hughes Incorporated: Swot Analysis.
Figure 51 Nov: Total Revenue Vs Segmental Revenue (Wellbore Technologies)
Figure 52 Nov: Geographical Revenue Mix, 2016 (%)
Figure 53 Nov: Swot Analysis
Figure 54 Newpark Resources Inc.: Total Revenue Vs Segmental Revenue (Fluid System)
Figure 55 Newpark Resources Inc.: Geographic Revenue Mix, 2016 (%)
Figure 56 Newpark Resources Inc.: Key Developments, 2014-2016 (%)
Figure 57 Newpark Resources Inc.: Swot Analysis
Figure 58 Tetra Technologies, Inc.: Total Revenue Vs Segmental Revenue (Fluids)
Figure 59 Tetra Technologies, Inc.: Geographic Revenue Mix, 2016 (%)
Figure 60 Scomi Group Bhd: Total Revenue Vs Segmental Revenue (Oilfield Services)
Figure 61 Ces: Total Revenue
Figure 62 Ces: Geographical Revenue Mix, 2016 (In %)
Figure 63 Calumet Specialty Products Partners, L.P. (Parent Company): Total Revenue

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