Drilling Fluid Industry Production, Consumption, Growth Rate and Outlook by 2025
The Drilling Fluid Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market.
Los Angeles, USA – September 12, 2018 /MarketersMedia/ —
This study focuses on the production side and consumption side of Drilling Fluid, presents the global Drilling Fluid market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Drilling Fluid capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Drilling Fluid by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Drilling Fluid is used to aid the drilling of boreholes into the earth,often used while drilling oil and natural gas wells and on exploration drilling rigs.
The main functions of drilling fluids include providing hydrostatic pressure to prevent formation fluids from entering into the well bore. The Drilling Fluid market was valued at 1070 Million US$ in 2017 and is projected to reach 2350 Million US$ by 2025, at a CAGR of 10.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Drilling Fluid.
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This report includes the following manufacturers; we can also add the other companies as you want.
Baker Hughes
Newpark Resources
Halliburton
Weatherford International
Schlumberger
Market Segment by Product Type
Oil-Based Fluids (OBF)
Water Based Fluids (WBF)
Market Segment by Application
Onshore Oil
Offshore Oil
Natural Gas Industry
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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