Global Oilfield Drilling Fluids Market 2018-2022
- Published: Mar 2018
- Pages: 109
- SKU: IRTNTR21009
Enjoy complimentary customisation on priority with our Enterprise License!
Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
This industry research report presents a comprehensive analysis of the oilfield drilling fluids market by product type (water-based fluids, oil-based fluids, synthetic-based fluids, and others) and by application (onshore and offshore). The report also presents a detailed analysis of the market’s growth prospects across regions such as the Americas, APAC, and EMEA.
Overview of the global oilfield drilling fluids market
Technavio’s market research analysts have identified the increasing demand for energy as one of the primary factors that will trigger the growth of the oilfield drilling fluids market in the coming years. The onshore and offshore oil exploration activities are increasing owing to the increasing demand for energy across the world. The growing oil demand for energy purpose is leading exploration and extraction activities and this, in turn, increases the demand for oilfield drilling fluids. Several emerging economies such as China, India, and Brazil have huge energy demand owing to their rising population and improved standard of living of consumers. All the countries are aiming for self-reliability in terms of energy generation by investing heavily in new offshore and offshore reserves. Our market research analysts estimate that this market will grow steadily at a CAGR of more than 6% by 2022.
The growing demand for water-based fluids (WBFs) is one of the key trends in the oilfield drilling fluids market. Several players are focusing on offering high-performance products to the oil and gas market to sustain the competition. WBFs are gaining traction among the drilling fluids owing to their low toxicity and cost-effectiveness as compared with other drilling chemicals. Moreover, WBFs can be used in extreme drilling conditions where other oil-based fluids (OBFs) cannot function properly.
Companies covered
The oilfield drilling fluids market appears to be marginally fragmented due to the presence of several vendors. This industry research report offers in-depth analysis of the competitive strategies adopted by the vendors to sustain among the competitors in the drilling fluids market. Technavio’s analysts also study the key market areas along with the product offerings of the drilling companies in the market.
The report includes an analysis of a number of companies in this marketspace including -
- BASF
- GENERAL ELECTRIC
- Halliburton
- Newpark Resources
- Schlumberger
Segmentation by product type and analysis of the oilfield drilling fluids market
- Water-based fluids
- Oil-based fluids
- Synthetic-based fluids
The water-based fluids segment accounted for the major share of the drilling fluids market during 2017. They are inexpensive and require less maintenance as compared with OBFs. Our analysts predicted that this segment will perform well in the forthcoming years.
Geographical segmentation and analysis of the oilfield drilling fluids market
- Americas
- APAC
- EMEA
In terms of geography, the Americas accounted for the majority of shares in the drilling fluids market during 2017. The market is experiencing high growth due to a large number of oilfields and shale resources in the region and rising investments in the oil and gas industries.
Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global oilfield drilling fluids market?
- What are the key market trends impacting the growth of the global oilfield drilling fluids market?
- What are the challenges to market growth?
- Who are the key vendors in the global oilfield drilling fluids market?
- What are the market opportunities and threats faced by the vendors in the global oilfield drilling fluids market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global oilfield drilling fluids market?
Technavio also offers customization on reports based on specific client requirement.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT TYPE
- Segmentation by product type
PART 08: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Onshore – Market size and forecast 2017-2022
- Offshore – Market size and forecast 2017-2022
- Market opportunity by application
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: MARKET TRENDS
- Growing demand for WBFs
- Biofuels competing with conventional forms of fuel
- Growing horizontal drilling activities
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
- Key market vendors
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- BASF
- GENERAL ELECTRIC
- Halliburton
- Newpark Resources
- Schlumberger
PART 16: APPENDIX
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
Certified ISO 9001 : 2015

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
2500 USD
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
- Our analysts will work directly with you and understand your needs
- Get data on specified regions or segments, competitor and Vendors
- Data will be formatted and presented as per your requirements
- We offer $1000 worth of FREE customization at the time of purchase
Let us help you make report more suited to your requirements.
- Get a competitive breakdown as per your niche industry
- Customize the data with various metrics that meet your business prerequisite
- Understand Revenue Sources, Customers and many more
- Details on Market Share
- These customizations are done in a short amount of time by our analysts and industry experts
