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Global Water-based Drilling Fluid Market Research Report 2025
Synopsis
Drilling fluids play a vital role in oil and gas exploration activities. These are a mixture of water, oil, clay, and several chemicals. Drilling fluids are also known as drilling muds.
The global Water-based Drilling Fluid market was valued at US$ 4952.6 million in 2023 and is anticipated to reach US$ 5872.7 million by 2030, witnessing a CAGR of 2.5% during the forecast period 2024-2030.
Rising demand from Asia-Pacific region a major driver for the growth of the market.
This report aims to provide a comprehensive presentation of the global market for Water-based Drilling Fluid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Water-based Drilling Fluid.
Report Scope
The Water-based Drilling Fluid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Water-based Drilling Fluid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Water-based Drilling Fluid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schlumberger Limited
DowDuPont
Halliburton
Baker Hughes-a GE Company
Akzo Nobel NV
Weatherford International
Clariant International
Solvay
Gumpro Drilling Fluids Private
Newpark Resources
Orean Hydrocarbons Middle East
Petrochem Performance Chemicals
National Oilwell Varco
Royal Dutch Shell
Segment by Type
Fresh Water Drilling Fluid
Brine Drilling Fluid
Other
Segment by Application
Onshore
Offshore
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Water-based Drilling Fluid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Water-based Drilling Fluid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Water-based Drilling Fluid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Drilling fluids play a vital role in oil and gas exploration activities. These are a mixture of water, oil, clay, and several chemicals. Drilling fluids are also known as drilling muds.
The global Water-based Drilling Fluid market was valued at US$ 4952.6 million in 2023 and is anticipated to reach US$ 5872.7 million by 2030, witnessing a CAGR of 2.5% during the forecast period 2024-2030.
Rising demand from Asia-Pacific region a major driver for the growth of the market.
This report aims to provide a comprehensive presentation of the global market for Water-based Drilling Fluid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Water-based Drilling Fluid.
Report Scope
The Water-based Drilling Fluid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Water-based Drilling Fluid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Water-based Drilling Fluid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Schlumberger Limited
DowDuPont
Halliburton
Baker Hughes-a GE Company
Akzo Nobel NV
Weatherford International
Clariant International
Solvay
Gumpro Drilling Fluids Private
Newpark Resources
Orean Hydrocarbons Middle East
Petrochem Performance Chemicals
National Oilwell Varco
Royal Dutch Shell
Segment by Type
Fresh Water Drilling Fluid
Brine Drilling Fluid
Other
Segment by Application
Onshore
Offshore
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Water-based Drilling Fluid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Water-based Drilling Fluid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Water-based Drilling Fluid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Water-based Drilling Fluid Market Overview
1.1 Product Definition
1.2 Water-based Drilling Fluid Segment by Type
1.2.1 Global Water-based Drilling Fluid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Fresh Water Drilling Fluid
1.2.3 Brine Drilling Fluid
1.2.4 Other
1.3 Water-based Drilling Fluid Segment by Application
1.3.1 Global Water-based Drilling Fluid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Market Growth Prospects
1.4.1 Global Water-based Drilling Fluid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Water-based Drilling Fluid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Water-based Drilling Fluid Production Estimates and Forecasts (2019-2030)
1.4.4 Global Water-based Drilling Fluid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Water-based Drilling Fluid Production Market Share by Manufacturers (2019-2024)
2.2 Global Water-based Drilling Fluid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Water-based Drilling Fluid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Water-based Drilling Fluid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Water-based Drilling Fluid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Water-based Drilling Fluid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Water-based Drilling Fluid, Product Offered and Application
2.8 Global Key Manufacturers of Water-based Drilling Fluid, Date of Enter into This Industry
2.9 Water-based Drilling Fluid Market Competitive Situation and Trends
2.9.1 Water-based Drilling Fluid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Water-based Drilling Fluid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Water-based Drilling Fluid Production by Region
3.1 Global Water-based Drilling Fluid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Water-based Drilling Fluid Production Value by Region (2019-2030)
3.2.1 Global Water-based Drilling Fluid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Water-based Drilling Fluid by Region (2025-2030)
3.3 Global Water-based Drilling Fluid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Water-based Drilling Fluid Production by Region (2019-2030)
3.4.1 Global Water-based Drilling Fluid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Water-based Drilling Fluid by Region (2025-2030)
3.5 Global Water-based Drilling Fluid Market Price Analysis by Region (2019-2024)
3.6 Global Water-based Drilling Fluid Production and Value, Year-over-Year Growth
3.6.1 North America Water-based Drilling Fluid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Water-based Drilling Fluid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Water-based Drilling Fluid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Water-based Drilling Fluid Production Value Estimates and Forecasts (2019-2030)
4 Water-based Drilling Fluid Consumption by Region
4.1 Global Water-based Drilling Fluid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Water-based Drilling Fluid Consumption by Region (2019-2030)
4.2.1 Global Water-based Drilling Fluid Consumption by Region (2019-2024)
4.2.2 Global Water-based Drilling Fluid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Water-based Drilling Fluid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Water-based Drilling Fluid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Water-based Drilling Fluid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Water-based Drilling Fluid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Water-based Drilling Fluid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Water-based Drilling Fluid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Water-based Drilling Fluid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Water-based Drilling Fluid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Water-based Drilling Fluid Production by Type (2019-2030)
5.1.1 Global Water-based Drilling Fluid Production by Type (2019-2024)
5.1.2 Global Water-based Drilling Fluid Production by Type (2025-2030)
5.1.3 Global Water-based Drilling Fluid Production Market Share by Type (2019-2030)
5.2 Global Water-based Drilling Fluid Production Value by Type (2019-2030)
5.2.1 Global Water-based Drilling Fluid Production Value by Type (2019-2024)
5.2.2 Global Water-based Drilling Fluid Production Value by Type (2025-2030)
5.2.3 Global Water-based Drilling Fluid Production Value Market Share by Type (2019-2030)
5.3 Global Water-based Drilling Fluid Price by Type (2019-2030)
6 Segment by Application
6.1 Global Water-based Drilling Fluid Production by Application (2019-2030)
6.1.1 Global Water-based Drilling Fluid Production by Application (2019-2024)
6.1.2 Global Water-based Drilling Fluid Production by Application (2025-2030)
6.1.3 Global Water-based Drilling Fluid Production Market Share by Application (2019-2030)
6.2 Global Water-based Drilling Fluid Production Value by Application (2019-2030)
6.2.1 Global Water-based Drilling Fluid Production Value by Application (2019-2024)
6.2.2 Global Water-based Drilling Fluid Production Value by Application (2025-2030)
6.2.3 Global Water-based Drilling Fluid Production Value Market Share by Application (2019-2030)
6.3 Global Water-based Drilling Fluid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Schlumberger Limited
7.1.1 Schlumberger Limited Water-based Drilling Fluid Corporation Information
7.1.2 Schlumberger Limited Water-based Drilling Fluid Product Portfolio
7.1.3 Schlumberger Limited Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Schlumberger Limited Main Business and Markets Served
7.1.5 Schlumberger Limited Recent Developments/Updates
7.2 DowDuPont
7.2.1 DowDuPont Water-based Drilling Fluid Corporation Information
7.2.2 DowDuPont Water-based Drilling Fluid Product Portfolio
7.2.3 DowDuPont Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 DowDuPont Main Business and Markets Served
7.2.5 DowDuPont Recent Developments/Updates
7.3 Halliburton
7.3.1 Halliburton Water-based Drilling Fluid Corporation Information
7.3.2 Halliburton Water-based Drilling Fluid Product Portfolio
7.3.3 Halliburton Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Halliburton Main Business and Markets Served
7.3.5 Halliburton Recent Developments/Updates
7.4 Baker Hughes-a GE Company
7.4.1 Baker Hughes-a GE Company Water-based Drilling Fluid Corporation Information
7.4.2 Baker Hughes-a GE Company Water-based Drilling Fluid Product Portfolio
7.4.3 Baker Hughes-a GE Company Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Baker Hughes-a GE Company Main Business and Markets Served
7.4.5 Baker Hughes-a GE Company Recent Developments/Updates
7.5 Akzo Nobel NV
7.5.1 Akzo Nobel NV Water-based Drilling Fluid Corporation Information
7.5.2 Akzo Nobel NV Water-based Drilling Fluid Product Portfolio
7.5.3 Akzo Nobel NV Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Akzo Nobel NV Main Business and Markets Served
7.5.5 Akzo Nobel NV Recent Developments/Updates
7.6 Weatherford International
7.6.1 Weatherford International Water-based Drilling Fluid Corporation Information
7.6.2 Weatherford International Water-based Drilling Fluid Product Portfolio
7.6.3 Weatherford International Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Weatherford International Main Business and Markets Served
7.6.5 Weatherford International Recent Developments/Updates
7.7 Clariant International
7.7.1 Clariant International Water-based Drilling Fluid Corporation Information
7.7.2 Clariant International Water-based Drilling Fluid Product Portfolio
7.7.3 Clariant International Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Clariant International Main Business and Markets Served
7.7.5 Clariant International Recent Developments/Updates
7.8 Solvay
7.8.1 Solvay Water-based Drilling Fluid Corporation Information
7.8.2 Solvay Water-based Drilling Fluid Product Portfolio
7.8.3 Solvay Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Solvay Main Business and Markets Served
7.7.5 Solvay Recent Developments/Updates
7.9 Gumpro Drilling Fluids Private
7.9.1 Gumpro Drilling Fluids Private Water-based Drilling Fluid Corporation Information
7.9.2 Gumpro Drilling Fluids Private Water-based Drilling Fluid Product Portfolio
7.9.3 Gumpro Drilling Fluids Private Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Gumpro Drilling Fluids Private Main Business and Markets Served
7.9.5 Gumpro Drilling Fluids Private Recent Developments/Updates
7.10 Newpark Resources
7.10.1 Newpark Resources Water-based Drilling Fluid Corporation Information
7.10.2 Newpark Resources Water-based Drilling Fluid Product Portfolio
7.10.3 Newpark Resources Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Newpark Resources Main Business and Markets Served
7.10.5 Newpark Resources Recent Developments/Updates
7.11 Orean Hydrocarbons Middle East
7.11.1 Orean Hydrocarbons Middle East Water-based Drilling Fluid Corporation Information
7.11.2 Orean Hydrocarbons Middle East Water-based Drilling Fluid Product Portfolio
7.11.3 Orean Hydrocarbons Middle East Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Orean Hydrocarbons Middle East Main Business and Markets Served
7.11.5 Orean Hydrocarbons Middle East Recent Developments/Updates
7.12 Petrochem Performance Chemicals
7.12.1 Petrochem Performance Chemicals Water-based Drilling Fluid Corporation Information
7.12.2 Petrochem Performance Chemicals Water-based Drilling Fluid Product Portfolio
7.12.3 Petrochem Performance Chemicals Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Petrochem Performance Chemicals Main Business and Markets Served
7.12.5 Petrochem Performance Chemicals Recent Developments/Updates
7.13 National Oilwell Varco
7.13.1 National Oilwell Varco Water-based Drilling Fluid Corporation Information
7.13.2 National Oilwell Varco Water-based Drilling Fluid Product Portfolio
7.13.3 National Oilwell Varco Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.13.4 National Oilwell Varco Main Business and Markets Served
7.13.5 National Oilwell Varco Recent Developments/Updates
7.14 Royal Dutch Shell
7.14.1 Royal Dutch Shell Water-based Drilling Fluid Corporation Information
7.14.2 Royal Dutch Shell Water-based Drilling Fluid Product Portfolio
7.14.3 Royal Dutch Shell Water-based Drilling Fluid Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Royal Dutch Shell Main Business and Markets Served
7.14.5 Royal Dutch Shell Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Water-based Drilling Fluid Industry Chain Analysis
8.2 Water-based Drilling Fluid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Water-based Drilling Fluid Production Mode & Process
8.4 Water-based Drilling Fluid Sales and Marketing
8.4.1 Water-based Drilling Fluid Sales Channels
8.4.2 Water-based Drilling Fluid Distributors
8.5 Water-based Drilling Fluid Customers
9 Water-based Drilling Fluid Market Dynamics
9.1 Water-based Drilling Fluid Industry Trends
9.2 Water-based Drilling Fluid Market Drivers
9.3 Water-based Drilling Fluid Market Challenges
9.4 Water-based Drilling Fluid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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