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

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

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  1. Global Drilling Fluids Market Research Report Presented By Market Research Engine http://marketresearchengine.com/

  2. Report TitleThe 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

  3. 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.

  4. 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 fluids Oil-based fluids Synthetic-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.

  5. 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 Report The 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)

  6. 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 America Europe Asia Pacific Middle East & Africa ROW (Rest of Word) Key highlights of this report:

  7. Overview of key market forces propelling and restraining business sector development Current Market Trends, Market Structure and Market Projections for the upcoming years Up-to-date analyses of business sector and technological improvements in the small servers industry Pin-point analyses of market competition dynamics to offer you a competition edge An analysis of strategies of major competitors Related Reports: Global Shale Gas Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021 http://marketresearchengine.com/reportdetails/global-shale-gas-market-research-report Analyzing the Global Market for Wind Turbine Rotor Blades The 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

  8. Table of Contents Chapter1 Preface 1.1 Report Description 1.2 Market Segmentation 1.3 Research methodology 1.4 List of abbreviation Chapter2 Executive Summary 2.1 Global drilling fluids market snapshot Chapter 3 Drilling Fluids: Industry Analysis 3.1 Introduction 3.2 Value chain analysis 3.3 Market Drivers 3.3.1 Increasing oil drilling activities worldwide 3.3.2 Focus towards developing deep sea reserves and implementing horizontal drilling 3.3.3 Increasing exploration of shale gas, CBM and other unconventional resources 3.4 Restraints

  9. 3.4.1 Growing environmental concerns regarding the use and disposal of drilling fluids 3.4.2 Geopolitical issues 3.5 Opportunities 3.5.1 Emergence of nanotechnology for developing drilling fluids 3.6 Porter’s five forces analysis 3.6.1 Bargaining power of suppliers 3.6.2 Bargaining power of buyers 3.6.3 Threat of new entrants 3.6.4 Threat of substitutes 3.6.5 Degree of competition 3.7 Drilling fluids: Market attractiveness analysis 3.8 Drilling Fluids: Company market share analysis, 2012 Chapter 4 Drilling Fluids: Product Segment Analysis 4.1 Global drilling fluids market, product overview 4.1.1 Global drilling fluids market share by product 2011 and 2018 4.2 Global drilling fluids market, by product 4.2.1 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)

  10. 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 Analysis 5.1 Global drilling fluids market: Application overview 5.1.1 Global drilling fluids market revenue share, by application, 2011-2018 5.2 Global drilling fluids market, by application 5.2.1 Offshore oil and gas 5.2.1.1 Global demand for drilling fluids from offshore oil and gas, 2011-2018 (USD Million) 5.2.2 Onshore Oil and Gas 5.2.2.1 Global demand for drilling fluids from onshore oil and gas, 2011-2018 (USD Million)

  11. 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 Bay Toll Free No.: +1-855-984-1862 Phone: +91-860-565-7204 Email:john@marketresearchengine.com Website:http://marketresearchengine.com/

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