Increasing drilling activities mainly in South America and Asia Pacific is expected to drive the market for drilling fluids. Grand View Research also observes that depleting natural has been prompting industry players to shift their focus towards exploring and developing unconventional gas reserves which promotes the use of horizontal drilling and is expected to translate into enhanced fluid demand.
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Drilling Fluids Market Trends, Share To 2020: Grand View Resaerch, Inc.
1. Global Drilling Fluids Market Analysis By Product (OBF,
SBF, WBF) By Application (Offshore, Onshore) Expected to
Reach USD 14.92 Billion by 2020: Grand View Research, Inc
The global market for drilling fluids is expected to reach USD 14.92 billion by 2020, according
to a new study by Grand View Research, Inc. Increasing drilling activities mainly in South
America and Asia Pacific is expected to drive the market for drilling fluids. Grand View
Research also observes that depleting natural has been prompting industry players to shift their
focus towards exploring and developing unconventional gas reserves which promotes the use of
horizontal drilling and is expected to translate into enhanced fluid demand.
Water based fluids (WBF) were the most consumed drilling fluids around the world and
accounted for 56% of the total market revenue in 2013. WBFs are also expected to be the fastest
growing drilling fluid products, at an estimated CAGR of 8.8% from 2014 to 2020. WBFs were
followed by oil-based fluids (OBF) which accounted for just over 30% of the total market for the
same year. However, the growing environmental concerns regarding the use of OBFs in drilling
activities is expected to hamper its market growth over the forecast period.
View summary of this report @ http://www.grandviewresearch.com/industry-
analysis/drilling-fluids-market-analysis
2. Table of Contents
Chapter 1 Executive Summary
1.1 Drilling Fluids – Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Drilling Fluids Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Drilling Fluids Value Chain Analysis
2.4 Drilling Fluids Market Dynamics
2.4.1 Market driver analysis
2.4.1.1 Increasing global drilling activities
2.4.1.2 Shift towards developing unconventional gases
2.4.1.3 Increasing use of horizontal drilling techniques
2.4.2 Market restraint analysis
2.4.2.1 Stringent environmental regulations
2.4.2.2. Political unrest in natural resource rich countries
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Drilling Fluids - Company Market Share Analysis
2.8 Drilling Fluids - PESTEL Analysis
Chapter 3 Drilling Fluids Product Outlook
3.1 Oil-Based Fluids (OBF)
3.1.1. Global oil-based drilling fluids market revenue, 2012-2020, (USD million)
3. 3.2 Water-Based Fluids (WBF)
3.2.1 Global water-based drilling fluids market revenue, 2012-2020, (USD million))
3.3 Synthetics-Based Fluids
3.3.1 Global synthetics-based drilling fluids market revenue, 2012-2020, (USD
million)
Chapter 4 Drilling Fluids Application Outlook
4.1 Onshore Oil & Gas
4.1.1 Global drilling fluids market revenue from onshore oil & gas, 2012-2020,
(USD million)
4.2 Offshore Oil & Gas
4.2.1 Global drilling fluids market revenue from onshore oil & gas, 2012-2020,
(USD million)
Chapter 5 Drilling Fluids Regional Outlook
5.1 North America
5.1.1 North America drilling fluids market revenue, 2012-2020, (USD million)
5.1.2 North America drilling fluids market revenue by product, 2012-2020, (USD
million)
5.1.3 North America drilling fluids market revenue by application, 2012-2020,
(USD million)
5.2 Europe
5.2.1 Europe drilling fluids market revenue, 2012-2020, (USD million)
5.2.2 Europe drilling fluids market revenue by product, 2012-2020, (USD million)
5.2.3 Europe drilling fluids market revenue by application, 2012-2020, (USD
million)
5.3 Asia Pacific
4. 5.3.1 Asia Pacific drilling fluids market revenue, 2012-2020, (USD million)
5.3.2 Asia Pacific drilling fluids market revenue by product, 2012-2020, (USD
million)
5.3.3 Asia Pacific drilling fluids market revenue by application, 2012-2020, (USD
million)
5.4 Middle East & Africa
5.4.1 Middle East & Africa drilling fluids market revenue, 2012-2020, (USD
million)
5.4.2 Middle East & Africa drilling fluids market revenue by product, 2012-2020,
(USD million))
5.4.3 Middle East & Africa drilling fluids market revenue by application, 2012-
2020, (USD million)
5.5 Central & South America
5.5.1 Central & South America drilling fluids market revenue, 2012-2020, (USD
million)
5.5.2 Central & South America drilling fluids market revenue by product, 2012-
2020, (USD million))
5.5.3 Central & South America drilling fluids market revenue by application, 2012-
2020, (USD million)
Chapter 6 Drilling Fluids Competitive Landscape
6.1 Anchor Drilling Fluids USA Inc.
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Baker Hughes
5. 6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Canadian Energy Services & Technology Corp
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 China Oilfield Services Limited
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Global Drilling Fluids & Chemicals Ltd.
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Halliburton Company
6.6.1 Company Overview
6.6.2 Financial Performance
6. 6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 M-I Swaco
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 National Oilwell Varco Inc.
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Newpark Resources Inc.
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Scomi Group Bhd
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
7. 6.11 Schlumberger Technology Corporation
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 Weatherford International
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
Chapter 7 Methodology & Scope
7.1 Research Methodology
7.2 Research Scope & Assumptions
7.3 List of Data Sources
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market-analysis
List of Tables
1. Drilling Fluids – Industry Summary & Critical Success Factors (CSFs)
2. Global drilling fluids market revenue, 2012 - 2020
3. Drilling fluids – Key driver analysis
4. Drilling fluids – Key restraint analysis
5. Global oil based drilling fluids market revenue estimates and forecast, 2012-2020
6. Global oil based drilling fluids market revenue estimates and forecast by region, , 2012-
2020
8. 7. Global water based drilling fluids market revenue estimates and forecast, 2012-2020
8. Global water based drilling fluids market revenue estimates and forecast by region, 2012-
2020
9. Global synthetics based drilling fluids market revenue estimates and forecast, 2012-2020
10. Global synthetics based drilling fluids market revenue estimates and forecast by region,
2012-2020
11. Global drilling fluids market revenue estimates and forecast from onshore oil & gas,
2012-2020
12. Global drilling fluids market revenue estimates and forecast from onshore oil & gas, by
region, 2012-2020
13. Global drilling fluids market revenue estimates and forecast from offshore oil & gas,
2012-2020
14. Global drilling fluids market revenue estimates and forecast from offshore oil & gas, by
region, 2012-2020
15. North America drilling fluids market revenue, by product, 2012 - 2020 (USD
Million)
16. North America drilling fluids market revenue, by application, 2012 - 2020 (USD Million)
17. Europe drilling fluids market revenue, by product, 2012 - 2020 (USD Million)
18. Europe drilling fluids market revenue, by application, 2012 - 2020 (USD Million)
19. Asia Pacific drilling fluids market revenue, by product, 2012 - 2020 (USD Million)
20. Asia Pacific drilling fluids market revenue, by application, 2012 - 2020 (USD Million)
21. Middle East & Africa drilling fluids market revenue, by product, 2012 - 2020 (USD
Million)
22. Middle East & Africa drilling fluids market revenue, by application, 2012 - 2020 (USD
Million)
23. Central & South America drilling fluids market revenue, by product, 2012 - 2020 (USD
Million)
24. Central & South America drilling fluids market revenue, by application, 2012 - 2020
(USD Million)
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fluids-market-analysis
List of Figures
1. Drilling fluids market segmentation
2. Global drilling fluids market revenue estimates and forecast, 2012 – 2020 (USD million)
3. Drilling fluids - Value chain analysis
4. Drilling fluids - Market dynamics
5. Drilling fluids - Company market share analysis, 2013
9. 6. Key opportunities prioritized
7. Industry analysis - Porter's
8. Drilling fluids PESTEL analysis, 2013
9. Global drilling fluids market revenue share, by product, 2013 & 2020
10. Global oil based drilling fluids revenue estimates and forecast, 2012-2020
11. Global water based drilling fluids revenue estimates and forecast, 2012-2020
12. Global synthetics based drilling fluids revenue estimates and forecast, 2012-2020
13. Global drilling fluids market revenue share, by application, 2013 & 2020
14. Global drilling fluids demand from onshore oil & gas, (revenue), 2012-2020
15. Global drilling fluids demand from offshore oil & gas, (revenue), 2012-2020
16. Global drilling fluids market revenue share, by region, 2013 & 2020
17. North America drilling fluids market revenue estimates and forecast, 2012-2020, (USD
million)
18. Europe drilling fluids market revenue estimates and forecast, 2012-2020, (USD million)
19. Asia Pacific drilling fluids market revenue estimates and forecast, 2012-2020, (USD
million)
20. Middle East & Africa drilling fluids market revenue estimates and forecast, 2012-2020,
(USD million)
21. Central & South America drilling fluids market revenue estimates and forecast, 2012-
2020, (USD million)
Further key findings from the study suggest:
The global market for drilling fluids was estimated to be USD 8.16 billion in 2013, and is
expected to grow at a CAGR of 8.2% from 2014 to 2020.
North America continued its dominance in the global market and accounted for 55.5% of
total market revenue in 2013. However, increasing drilling activities in Latin America
and Asia Pacific is expected to boost the demand for drilling fluids in these two regions
over the next six years. The demand for drilling fluids in Central and South America is
expected to grow at an estimated CAGR of 10.3% from 2014 to 2020.
Drilling fluids are majorly used for onshore oil & gas drilling owing to large number of
onshore oil and gas reserves around the world. Onshore oil & gas accounted for 71.6% of
total market revenue in 2013. Increasing deep sea drilling activities in Gulf of Mexico,
Brazil offshore and West Africa is expected to boost the demand for drilling fluids in
offshore applications.
The global market for drilling fluids is highly concentrated as top four companies
including Schlumberger, Halliburton, Baker Hughes and Newpark accounted for over
70% of the total market in 2013. Weatherford International, Tetra Tech, Canadian Energy
Services, China Oilfield and Anchor Drilling were amongst other significant market
participants.
10. Request free sample of this Report @ http://www.grandviewresearch.com/industry-
analysis/drilling-fluids-market-analysis/request
For the purpose of this study, Grand View Research has segmented the global drilling fluids
market on the basis of product, application and region:
Global Drilling Fluids Product Outlook (Revenue, USD Million, 2012 - 2020)
• Oil-Based Fluids (OBF)
• Water-Based Fluids (WBF)
• Synthetics-Based Fluids (SBF)
• Global Drilling Fluids Application Outlook (Revenue, USD Million, 2012 - 2020)
• Onshore
• Offshore
Drilling Fluids Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Central & South America
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11. About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-
shelf, customized research reports and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and energy. With a deep-
seated understanding of varied business environments, Grand View Research provides strategic
objective insights.
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