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Drilling & Completion Fluids-Global Market Insights and Sales Trends 2024
Synopsis
Drilling and completion fluids are most crucial for carrying out any drilling and exploration activity, and have large application in onshore as well as offshore gas & oil activities.
The global Drilling & Completion Fluids market size is expected to reach US$ 10540 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Drilling & Completion Fluids in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Drilling & Completion Fluids market. Water-based systems, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Oil-based systems segment is estimated at % CAGR for the next seven-year period.
The fluids are used for the purpose of suspending cuttings, controlling pressure, providing buoyancy, stabilizing exposed rock and cooling & lubricating. Drilling and completion fluids apply different types of fluids, such as water-based, oil-based, synthetic-based systems, and the choice of the base fluid depends on the cost, performance level, and environmental factors.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Drilling & Completion Fluids, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Drilling & Completion Fluids market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Drilling & Completion Fluids market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Drilling & Completion Fluids sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Drilling & Completion Fluids covered in this report include GE(Baker Hughes), Halliburton, Schlumberger, Newpark Resources, Tetra Technologies, CES, National Oilwell Varco, Secure Energy Services and Weatherford International, etc.
The global Drilling & Completion Fluids market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE(Baker Hughes)
Halliburton
Schlumberger
Newpark Resources
Tetra Technologies
CES
National Oilwell Varco
Secure Energy Services
Weatherford International
Q’max Solutions
Global Drilling and Chemicals
Sagemines
Scomi
Global Drilling & Completion Fluids market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Drilling & Completion Fluids market, Segment by Type:
Water-based systems
Oil-based systems
Synthetic-based systems
Others
Global Drilling & Completion Fluids market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Drilling & Completion Fluids manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Drilling & Completion Fluids in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Drilling and completion fluids are most crucial for carrying out any drilling and exploration activity, and have large application in onshore as well as offshore gas & oil activities.
The global Drilling & Completion Fluids market size is expected to reach US$ 10540 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Drilling & Completion Fluids in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Drilling & Completion Fluids market. Water-based systems, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Oil-based systems segment is estimated at % CAGR for the next seven-year period.
The fluids are used for the purpose of suspending cuttings, controlling pressure, providing buoyancy, stabilizing exposed rock and cooling & lubricating. Drilling and completion fluids apply different types of fluids, such as water-based, oil-based, synthetic-based systems, and the choice of the base fluid depends on the cost, performance level, and environmental factors.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Drilling & Completion Fluids, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Drilling & Completion Fluids market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Drilling & Completion Fluids market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Drilling & Completion Fluids sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Drilling & Completion Fluids covered in this report include GE(Baker Hughes), Halliburton, Schlumberger, Newpark Resources, Tetra Technologies, CES, National Oilwell Varco, Secure Energy Services and Weatherford International, etc.
The global Drilling & Completion Fluids market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE(Baker Hughes)
Halliburton
Schlumberger
Newpark Resources
Tetra Technologies
CES
National Oilwell Varco
Secure Energy Services
Weatherford International
Q’max Solutions
Global Drilling and Chemicals
Sagemines
Scomi
Global Drilling & Completion Fluids market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Drilling & Completion Fluids market, Segment by Type:
Water-based systems
Oil-based systems
Synthetic-based systems
Others
Global Drilling & Completion Fluids market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Drilling & Completion Fluids manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Drilling & Completion Fluids in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Drilling & Completion Fluids Market Overview
1.1 Drilling & Completion Fluids Product Overview
1.2 Drilling & Completion Fluids Market Segment by Type
1.2.1 Water-based systems
1.2.2 Oil-based systems
1.2.3 Synthetic-based systems
1.2.4 Others
1.3 Global Drilling & Completion Fluids Market Size by Type
1.3.1 Global Drilling & Completion Fluids Market Size Overview by Type (2018-2029)
1.3.2 Global Drilling & Completion Fluids Historic Market Size Review by Type (2018-2023)
1.3.3 Global Drilling & Completion Fluids Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Drilling & Completion Fluids Sales Breakdown by Type (2018-2023)
1.4.2 Europe Drilling & Completion Fluids Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Drilling & Completion Fluids Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Drilling & Completion Fluids Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Drilling & Completion Fluids Sales Breakdown by Type (2018-2023)
2 Global Drilling & Completion Fluids Market Competition by Company
2.1 Global Top Players by Drilling & Completion Fluids Sales (2018-2023)
2.2 Global Top Players by Drilling & Completion Fluids Revenue (2018-2023)
2.3 Global Top Players by Drilling & Completion Fluids Price (2018-2023)
2.4 Global Top Manufacturers Drilling & Completion Fluids Manufacturing Base Distribution, Sales Area, Product Type
2.5 Drilling & Completion Fluids Market Competitive Situation and Trends
2.5.1 Drilling & Completion Fluids Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Drilling & Completion Fluids Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Drilling & Completion Fluids as of 2022)
2.7 Date of Key Manufacturers Enter into Drilling & Completion Fluids Market
2.8 Key Manufacturers Drilling & Completion Fluids Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Drilling & Completion Fluids Status and Outlook by Region
3.1 Global Drilling & Completion Fluids Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Drilling & Completion Fluids Historic Market Size by Region
3.2.1 Global Drilling & Completion Fluids Sales in Volume by Region (2018-2023)
3.2.2 Global Drilling & Completion Fluids Sales in Value by Region (2018-2023)
3.2.3 Global Drilling & Completion Fluids Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Drilling & Completion Fluids Forecasted Market Size by Region
3.3.1 Global Drilling & Completion Fluids Sales in Volume by Region (2024-2029)
3.3.2 Global Drilling & Completion Fluids Sales in Value by Region (2024-2029)
3.3.3 Global Drilling & Completion Fluids Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Drilling & Completion Fluids by Application
4.1 Drilling & Completion Fluids Market Segment by Application
4.1.1 Onshore
4.1.2 Offshore
4.2 Global Drilling & Completion Fluids Market Size by Application
4.2.1 Global Drilling & Completion Fluids Market Size Overview by Application (2018-2029)
4.2.2 Global Drilling & Completion Fluids Historic Market Size Review by Application (2018-2023)
4.2.3 Global Drilling & Completion Fluids Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Drilling & Completion Fluids Sales Breakdown by Application (2018-2023)
4.3.2 Europe Drilling & Completion Fluids Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Drilling & Completion Fluids Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Drilling & Completion Fluids Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Drilling & Completion Fluids Sales Breakdown by Application (2018-2023)
5 North America Drilling & Completion Fluids by Country
5.1 North America Drilling & Completion Fluids Historic Market Size by Country
5.1.1 North America Drilling & Completion Fluids Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Drilling & Completion Fluids Sales in Volume by Country (2018-2023)
5.1.3 North America Drilling & Completion Fluids Sales in Value by Country (2018-2023)
5.2 North America Drilling & Completion Fluids Forecasted Market Size by Country
5.2.1 North America Drilling & Completion Fluids Sales in Volume by Country (2024-2029)
5.2.2 North America Drilling & Completion Fluids Sales in Value by Country (2024-2029)
6 Europe Drilling & Completion Fluids by Country
6.1 Europe Drilling & Completion Fluids Historic Market Size by Country
6.1.1 Europe Drilling & Completion Fluids Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Drilling & Completion Fluids Sales in Volume by Country (2018-2023)
6.1.3 Europe Drilling & Completion Fluids Sales in Value by Country (2018-2023)
6.2 Europe Drilling & Completion Fluids Forecasted Market Size by Country
6.2.1 Europe Drilling & Completion Fluids Sales in Volume by Country (2024-2029)
6.2.2 Europe Drilling & Completion Fluids Sales in Value by Country (2024-2029)
7 Asia-Pacific Drilling & Completion Fluids by Region
7.1 Asia-Pacific Drilling & Completion Fluids Historic Market Size by Region
7.1.1 Asia-Pacific Drilling & Completion Fluids Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Drilling & Completion Fluids Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Drilling & Completion Fluids Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Drilling & Completion Fluids Forecasted Market Size by Region
7.2.1 Asia-Pacific Drilling & Completion Fluids Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Drilling & Completion Fluids Sales in Value by Region (2024-2029)
8 Latin America Drilling & Completion Fluids by Country
8.1 Latin America Drilling & Completion Fluids Historic Market Size by Country
8.1.1 Latin America Drilling & Completion Fluids Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Drilling & Completion Fluids Sales in Volume by Country (2018-2023)
8.1.3 Latin America Drilling & Completion Fluids Sales in Value by Country (2018-2023)
8.2 Latin America Drilling & Completion Fluids Forecasted Market Size by Country
8.2.1 Latin America Drilling & Completion Fluids Sales in Volume by Country (2024-2029)
8.2.2 Latin America Drilling & Completion Fluids Sales in Value by Country (2024-2029)
9 Middle East and Africa Drilling & Completion Fluids by Country
9.1 Middle East and Africa Drilling & Completion Fluids Historic Market Size by Country
9.1.1 Middle East and Africa Drilling & Completion Fluids Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Drilling & Completion Fluids Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Drilling & Completion Fluids Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Drilling & Completion Fluids Forecasted Market Size by Country
9.2.1 Middle East and Africa Drilling & Completion Fluids Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Drilling & Completion Fluids Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GE(Baker Hughes)
10.1.1 GE(Baker Hughes) Company Information
10.1.2 GE(Baker Hughes) Introduction and Business Overview
10.1.3 GE(Baker Hughes) Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GE(Baker Hughes) Drilling & Completion Fluids Products Offered
10.1.5 GE(Baker Hughes) Recent Development
10.2 Halliburton
10.2.1 Halliburton Company Information
10.2.2 Halliburton Introduction and Business Overview
10.2.3 Halliburton Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Halliburton Drilling & Completion Fluids Products Offered
10.2.5 Halliburton Recent Development
10.3 Schlumberger
10.3.1 Schlumberger Company Information
10.3.2 Schlumberger Introduction and Business Overview
10.3.3 Schlumberger Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Schlumberger Drilling & Completion Fluids Products Offered
10.3.5 Schlumberger Recent Development
10.4 Newpark Resources
10.4.1 Newpark Resources Company Information
10.4.2 Newpark Resources Introduction and Business Overview
10.4.3 Newpark Resources Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Newpark Resources Drilling & Completion Fluids Products Offered
10.4.5 Newpark Resources Recent Development
10.5 Tetra Technologies
10.5.1 Tetra Technologies Company Information
10.5.2 Tetra Technologies Introduction and Business Overview
10.5.3 Tetra Technologies Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Tetra Technologies Drilling & Completion Fluids Products Offered
10.5.5 Tetra Technologies Recent Development
10.6 CES
10.6.1 CES Company Information
10.6.2 CES Introduction and Business Overview
10.6.3 CES Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.6.4 CES Drilling & Completion Fluids Products Offered
10.6.5 CES Recent Development
10.7 National Oilwell Varco
10.7.1 National Oilwell Varco Company Information
10.7.2 National Oilwell Varco Introduction and Business Overview
10.7.3 National Oilwell Varco Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.7.4 National Oilwell Varco Drilling & Completion Fluids Products Offered
10.7.5 National Oilwell Varco Recent Development
10.8 Secure Energy Services
10.8.1 Secure Energy Services Company Information
10.8.2 Secure Energy Services Introduction and Business Overview
10.8.3 Secure Energy Services Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Secure Energy Services Drilling & Completion Fluids Products Offered
10.8.5 Secure Energy Services Recent Development
10.9 Weatherford International
10.9.1 Weatherford International Company Information
10.9.2 Weatherford International Introduction and Business Overview
10.9.3 Weatherford International Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Weatherford International Drilling & Completion Fluids Products Offered
10.9.5 Weatherford International Recent Development
10.10 Q’max Solutions
10.10.1 Q’max Solutions Company Information
10.10.2 Q’max Solutions Introduction and Business Overview
10.10.3 Q’max Solutions Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Q’max Solutions Drilling & Completion Fluids Products Offered
10.10.5 Q’max Solutions Recent Development
10.11 Global Drilling and Chemicals
10.11.1 Global Drilling and Chemicals Company Information
10.11.2 Global Drilling and Chemicals Introduction and Business Overview
10.11.3 Global Drilling and Chemicals Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Global Drilling and Chemicals Drilling & Completion Fluids Products Offered
10.11.5 Global Drilling and Chemicals Recent Development
10.12 Sagemines
10.12.1 Sagemines Company Information
10.12.2 Sagemines Introduction and Business Overview
10.12.3 Sagemines Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Sagemines Drilling & Completion Fluids Products Offered
10.12.5 Sagemines Recent Development
10.13 Scomi
10.13.1 Scomi Company Information
10.13.2 Scomi Introduction and Business Overview
10.13.3 Scomi Drilling & Completion Fluids Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Scomi Drilling & Completion Fluids Products Offered
10.13.5 Scomi Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Drilling & Completion Fluids Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Drilling & Completion Fluids Industrial Chain Analysis
11.4 Drilling & Completion Fluids Market Dynamics
11.4.1 Drilling & Completion Fluids Industry Trends
11.4.2 Drilling & Completion Fluids Market Drivers
11.4.3 Drilling & Completion Fluids Market Challenges
11.4.4 Drilling & Completion Fluids Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Drilling & Completion Fluids Distributors
12.3 Drilling & Completion Fluids Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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