the global market for drilling fluids is expected to increase at a cagr of more than 8.0% from 2015...

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The global market for drilling fluids was estimated to be USD 8.10 billion in 2013, and is expected to increase at a CAGR of more than 8.0% from 2015 to 2021.

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  • Global Drilling Fluids Market Research ReportPresented ByMarket Research Enginehttp://marketresearchengine.com/

  • Report Title

    The Global Market for Drilling Fluids is Expected to Increase at a CAGR of More Than 8.0% from 2015 to 2021 by Market Research Engine

  • Market Research Engine has published a new report titles as Global Drilling Fluids Market (Water-Based Fluids, Oil-Based Fluids and Synthetic-Based Fluids) for Oil and Gas (Offshore & Onshore) - Application Analysis, and Forecasts 2015 2021.

    The global market for drilling fluids was estimated to be USD 8.10 billion in 2013, and is expected to increase at a CAGR of more than 8.0% from 2015 to 2021.

    Browse the full report here http://marketresearchengine.com/reportdetails/drilling-fluids-market

    Drilling deeper, longer and more challenging wells has been made possible by improvements in drilling technologies, including more efficient and effective drilling fluids. Drilling fluids, also referred to as drilling mud, are added to the wellbore to facilitate the drilling process by suspending cuttings, controlling pressure, stabilizing exposed rock, providing buoyancy, and cooling and lubricating.

    Due to the increasing innovation in the nanotechnology in the exploration of oil and gas industry has spurred the growth of the drilling fluids market, with major companies investing huge amounts in developing the technology.

  • The report on the global drilling fluids market is a blueprint for the companies in this industry to improve their businesses.

    Drilling fluids market is classified as below:Water-based fluidsOil-based fluidsSynthetic-based fluids

    The report additionally provides qualitative analysis of the leading players, with clear insight and analysis on the development strategies adopted by the market players.

    The expanding onshore drilling activities in the Middle East, North America and Asia Pacific are expected to drive the demand for drilling fluids in the onshore reserves. Onshore oil and gas dominated the drilling fluids market represented 80% of the total demand in 2014.

  • Additionally, presence of large natural resources in the Golden Triangle (Gulf of Mexico, offshore Brazil and offshore West Africa) is promising to high investment in the regions, which is further expected to drive the drilling fluids market over the given forecast period. U.S, Gulf of Mexico, offshore Brazil and offshore West Africa accounted for approximately 87% of the total investment made in developing offshore oil and gas reserves in 2014.

    Companies mentioned in the research report are as below:The players mentioned and evaluated in the drilling fluids market report are New park Resources Inc., National Oilwell Varco, Schlumberger Technology Corporation, Canadian Energy Services &Technology Corp., Anchor Drilling Fluids USA Inc., Halliburton Company etc..

    Scope of the ReportThe report focuses on drilling fluids used in onshore and offshore application areas. The segmentation followed in the report has been listed below.

    Global Drilling Fluids Product Outlook (Revenue, USD Million, 2015 - 2021)

  • Oil-Based Fluids (OBF)Water-Based Fluids (WBF)Synthetics-Based Fluids (SBF)

    Global Drilling Fluids Application Outlook (Revenue, USD Million, 2015 - 2021)

    Onshore Offshore Drilling Fluids Regional Outlook (Revenue, USD Million, 2015 - 2021)North AmericaEuropeAsia PacificMiddleEast & AfricaROW (Rest of Word)

    Key highlights of this report:

  • Overview of key market forces propelling and restraining business sector developmentCurrent Market Trends, Market Structure and Market Projections for the upcoming yearsUp-to-date analyses of business sector and technological improvements in the small servers industryPin-point analyses of market competition dynamics to offer you a competition edgeAn analysis of strategies of major competitors

    Related Reports:Global Shale Gas Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021http://marketresearchengine.com/reportdetails/global-shale-gas-market-research-reportAnalyzing the Global Market for Wind Turbine Rotor BladesThe wind turbine rotor blade market is developing in sync with the growing demand for turbines used to produce wind energy. The global wind energy market has been developing gradually due to a rise in energy demand, raising concerns over environmental impact of power generation through fossil fuel as a result of the Production Tax Credit (PTC) policy expiring in the United States and low investments in Europe respectively.http://marketresearchengine.com/reportdetails/analyzing-the-global-market-for-wind-turbine-rotor-blades-publisher-aruvians-rsearch

  • Table of ContentsChapter1 Preface1.1 Report Description1.2 Market Segmentation1.3 Research methodology1.4 List of abbreviation

    Chapter2 Executive Summary2.1 Global drilling fluids market snapshot

    Chapter 3 Drilling Fluids: Industry Analysis3.1 Introduction3.2 Value chain analysis3.3 Market Drivers3.3.1 Increasing oil drilling activities worldwide3.3.2 Focus towards developing deep sea reserves and implementing horizontal drilling3.3.3 Increasing exploration of shale gas, CBM and other unconventional resources3.4 Restraints

  • 3.4.1 Growing environmental concerns regarding the use and disposal of drilling fluids3.4.2 Geopolitical issues3.5 Opportunities3.5.1 Emergence of nanotechnology for developing drilling fluids3.6 Porters five forces analysis3.6.1 Bargaining power of suppliers3.6.2 Bargaining power of buyers3.6.3 Threat of new entrants3.6.4 Threat of substitutes3.6.5 Degree of competition3.7 Drilling fluids: Market attractiveness analysis3.8 Drilling Fluids: Company market share analysis, 2012

    Chapter 4 Drilling Fluids: Product Segment Analysis4.1 Global drilling fluids market, product overview4.1.1 Global drilling fluids market share by product 2011 and 20184.2 Global drilling fluids market, by product4.2.1 Oil-based fluids (OBFs)4.2.1.1 Global market estimates and forecast for oil-based fluids, 2011 - 2018 (USD Million)4.2.2 Synthetic-based fluids (SBFs)

  • 4.2.2.1 Global market estimates and forecast for synthetic-based fluids, 2011 - 2018 (USD Million)4.2.3 Water-based fluids (WBF)4.2.3.1 Global estimates and forecast for water-based fluids, 2011 - 2018 (USD Million)

    Chapter 5 Drilling Fluids: Application Segment Analysis5.1 Global drilling fluids market: Application overview5.1.1 Global drilling fluids market revenue share, by application, 2011-20185.2 Global drilling fluids market, by application5.2.1 Offshore oil and gas5.2.1.1 Global demand for drilling fluids from offshore oil and gas, 2011-2018 (USD Million)5.2.2 Onshore Oil and Gas5.2.2.1 Global demand for drilling fluids from onshore oil and gas, 2011-2018 (USD Million)

  • About Market Research Engine

    Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.More info: http://marketresearchengine.com/

    Media Contact:Name: John BayToll Free No.: +1-855-984-1862Phone: +91-860-565-7204Email: [email protected]: http://marketresearchengine.com/