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Weighting Agents-Global Market Insights and Sales Trends 2024
Synopsis
Weighting agents are the additives which are added to the drilling fluids to increase the fluid density. As a result, the formation pressure is controlled, the formation caving is inhibited and the pulling of dry pipe is eased. Weighting agents are finely powdered solid. The use of weighting agent is to overbalance the fluid pressure during drilling operation which helps in preventing the fluid from exerting the hydrostatic pressure on the exposed oil and gas reserves.
The global Weighting Agents market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Weighting Agents in various end use industries. The expanding demands from the Invert Emulsion, Water Base Drilling Fluids, Completion Fluids and Others, are propelling Weighting Agents market. Barite Weighting Agents, 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 Hematite Weighting Agents segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Weighting Agents market, driven by demand from China, the second largest economy with some signs of stabilising, the Weighting Agents market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Weighting Agents, 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 Weighting Agents 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 Weighting Agents market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Weighting Agents 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 Weighting Agents covered in this report include Baroid Industrial Drilling Products, Schlumberger, Elkem ASA, Global Drilling Fluids and Chemicals, BHGE, Carmeuse, Imdex, Di-Corp and Newpark Resources, etc.
The global Weighting Agents market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Baroid Industrial Drilling Products
Schlumberger
Elkem ASA
Global Drilling Fluids and Chemicals
BHGE
Carmeuse
Imdex
Di-Corp
Newpark Resources
Geos
United Mud-Chem
Global Weighting Agents 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 Weighting Agents market, Segment by Type:
Barite Weighting Agents
Hematite Weighting Agents
Calcium Carbonate Weighting Agents
Siderite Weighting Agents
Ilmenite Weighting Agents
Others
Global Weighting Agents market, by Application
Invert Emulsion
Water Base Drilling Fluids
Completion Fluids
Others
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 Weighting Agents manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Weighting Agents 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.
Weighting agents are the additives which are added to the drilling fluids to increase the fluid density. As a result, the formation pressure is controlled, the formation caving is inhibited and the pulling of dry pipe is eased. Weighting agents are finely powdered solid. The use of weighting agent is to overbalance the fluid pressure during drilling operation which helps in preventing the fluid from exerting the hydrostatic pressure on the exposed oil and gas reserves.
The global Weighting Agents market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Weighting Agents in various end use industries. The expanding demands from the Invert Emulsion, Water Base Drilling Fluids, Completion Fluids and Others, are propelling Weighting Agents market. Barite Weighting Agents, 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 Hematite Weighting Agents segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Weighting Agents market, driven by demand from China, the second largest economy with some signs of stabilising, the Weighting Agents market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Weighting Agents, 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 Weighting Agents 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 Weighting Agents market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Weighting Agents 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 Weighting Agents covered in this report include Baroid Industrial Drilling Products, Schlumberger, Elkem ASA, Global Drilling Fluids and Chemicals, BHGE, Carmeuse, Imdex, Di-Corp and Newpark Resources, etc.
The global Weighting Agents market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Baroid Industrial Drilling Products
Schlumberger
Elkem ASA
Global Drilling Fluids and Chemicals
BHGE
Carmeuse
Imdex
Di-Corp
Newpark Resources
Geos
United Mud-Chem
Global Weighting Agents 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 Weighting Agents market, Segment by Type:
Barite Weighting Agents
Hematite Weighting Agents
Calcium Carbonate Weighting Agents
Siderite Weighting Agents
Ilmenite Weighting Agents
Others
Global Weighting Agents market, by Application
Invert Emulsion
Water Base Drilling Fluids
Completion Fluids
Others
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 Weighting Agents manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Weighting Agents 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 Weighting Agents Market Overview
1.1 Weighting Agents Product Overview
1.2 Weighting Agents Market Segment by Type
1.2.1 Barite Weighting Agents
1.2.2 Hematite Weighting Agents
1.2.3 Calcium Carbonate Weighting Agents
1.2.4 Siderite Weighting Agents
1.2.5 Ilmenite Weighting Agents
1.2.6 Others
1.3 Global Weighting Agents Market Size by Type
1.3.1 Global Weighting Agents Market Size Overview by Type (2018-2029)
1.3.2 Global Weighting Agents Historic Market Size Review by Type (2018-2023)
1.3.3 Global Weighting Agents Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Weighting Agents Sales Breakdown by Type (2018-2023)
1.4.2 Europe Weighting Agents Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Weighting Agents Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Weighting Agents Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Weighting Agents Sales Breakdown by Type (2018-2023)
2 Global Weighting Agents Market Competition by Company
2.1 Global Top Players by Weighting Agents Sales (2018-2023)
2.2 Global Top Players by Weighting Agents Revenue (2018-2023)
2.3 Global Top Players by Weighting Agents Price (2018-2023)
2.4 Global Top Manufacturers Weighting Agents Manufacturing Base Distribution, Sales Area, Product Type
2.5 Weighting Agents Market Competitive Situation and Trends
2.5.1 Weighting Agents Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Weighting Agents 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 Weighting Agents as of 2022)
2.7 Date of Key Manufacturers Enter into Weighting Agents Market
2.8 Key Manufacturers Weighting Agents Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Weighting Agents Status and Outlook by Region
3.1 Global Weighting Agents Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Weighting Agents Historic Market Size by Region
3.2.1 Global Weighting Agents Sales in Volume by Region (2018-2023)
3.2.2 Global Weighting Agents Sales in Value by Region (2018-2023)
3.2.3 Global Weighting Agents Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Weighting Agents Forecasted Market Size by Region
3.3.1 Global Weighting Agents Sales in Volume by Region (2024-2029)
3.3.2 Global Weighting Agents Sales in Value by Region (2024-2029)
3.3.3 Global Weighting Agents Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Weighting Agents by Application
4.1 Weighting Agents Market Segment by Application
4.1.1 Invert Emulsion
4.1.2 Water Base Drilling Fluids
4.1.3 Completion Fluids
4.1.4 Others
4.2 Global Weighting Agents Market Size by Application
4.2.1 Global Weighting Agents Market Size Overview by Application (2018-2029)
4.2.2 Global Weighting Agents Historic Market Size Review by Application (2018-2023)
4.2.3 Global Weighting Agents Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Weighting Agents Sales Breakdown by Application (2018-2023)
4.3.2 Europe Weighting Agents Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Weighting Agents Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Weighting Agents Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Weighting Agents Sales Breakdown by Application (2018-2023)
5 North America Weighting Agents by Country
5.1 North America Weighting Agents Historic Market Size by Country
5.1.1 North America Weighting Agents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Weighting Agents Sales in Volume by Country (2018-2023)
5.1.3 North America Weighting Agents Sales in Value by Country (2018-2023)
5.2 North America Weighting Agents Forecasted Market Size by Country
5.2.1 North America Weighting Agents Sales in Volume by Country (2024-2029)
5.2.2 North America Weighting Agents Sales in Value by Country (2024-2029)
6 Europe Weighting Agents by Country
6.1 Europe Weighting Agents Historic Market Size by Country
6.1.1 Europe Weighting Agents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Weighting Agents Sales in Volume by Country (2018-2023)
6.1.3 Europe Weighting Agents Sales in Value by Country (2018-2023)
6.2 Europe Weighting Agents Forecasted Market Size by Country
6.2.1 Europe Weighting Agents Sales in Volume by Country (2024-2029)
6.2.2 Europe Weighting Agents Sales in Value by Country (2024-2029)
7 Asia-Pacific Weighting Agents by Region
7.1 Asia-Pacific Weighting Agents Historic Market Size by Region
7.1.1 Asia-Pacific Weighting Agents Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Weighting Agents Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Weighting Agents Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Weighting Agents Forecasted Market Size by Region
7.2.1 Asia-Pacific Weighting Agents Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Weighting Agents Sales in Value by Region (2024-2029)
8 Latin America Weighting Agents by Country
8.1 Latin America Weighting Agents Historic Market Size by Country
8.1.1 Latin America Weighting Agents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Weighting Agents Sales in Volume by Country (2018-2023)
8.1.3 Latin America Weighting Agents Sales in Value by Country (2018-2023)
8.2 Latin America Weighting Agents Forecasted Market Size by Country
8.2.1 Latin America Weighting Agents Sales in Volume by Country (2024-2029)
8.2.2 Latin America Weighting Agents Sales in Value by Country (2024-2029)
9 Middle East and Africa Weighting Agents by Country
9.1 Middle East and Africa Weighting Agents Historic Market Size by Country
9.1.1 Middle East and Africa Weighting Agents Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Weighting Agents Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Weighting Agents Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Weighting Agents Forecasted Market Size by Country
9.2.1 Middle East and Africa Weighting Agents Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Weighting Agents Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Baroid Industrial Drilling Products
10.1.1 Baroid Industrial Drilling Products Company Information
10.1.2 Baroid Industrial Drilling Products Introduction and Business Overview
10.1.3 Baroid Industrial Drilling Products Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Baroid Industrial Drilling Products Weighting Agents Products Offered
10.1.5 Baroid Industrial Drilling Products Recent Development
10.2 Schlumberger
10.2.1 Schlumberger Company Information
10.2.2 Schlumberger Introduction and Business Overview
10.2.3 Schlumberger Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Schlumberger Weighting Agents Products Offered
10.2.5 Schlumberger Recent Development
10.3 Elkem ASA
10.3.1 Elkem ASA Company Information
10.3.2 Elkem ASA Introduction and Business Overview
10.3.3 Elkem ASA Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Elkem ASA Weighting Agents Products Offered
10.3.5 Elkem ASA Recent Development
10.4 Global Drilling Fluids and Chemicals
10.4.1 Global Drilling Fluids and Chemicals Company Information
10.4.2 Global Drilling Fluids and Chemicals Introduction and Business Overview
10.4.3 Global Drilling Fluids and Chemicals Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Global Drilling Fluids and Chemicals Weighting Agents Products Offered
10.4.5 Global Drilling Fluids and Chemicals Recent Development
10.5 BHGE
10.5.1 BHGE Company Information
10.5.2 BHGE Introduction and Business Overview
10.5.3 BHGE Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.5.4 BHGE Weighting Agents Products Offered
10.5.5 BHGE Recent Development
10.6 Carmeuse
10.6.1 Carmeuse Company Information
10.6.2 Carmeuse Introduction and Business Overview
10.6.3 Carmeuse Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Carmeuse Weighting Agents Products Offered
10.6.5 Carmeuse Recent Development
10.7 Imdex
10.7.1 Imdex Company Information
10.7.2 Imdex Introduction and Business Overview
10.7.3 Imdex Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Imdex Weighting Agents Products Offered
10.7.5 Imdex Recent Development
10.8 Di-Corp
10.8.1 Di-Corp Company Information
10.8.2 Di-Corp Introduction and Business Overview
10.8.3 Di-Corp Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Di-Corp Weighting Agents Products Offered
10.8.5 Di-Corp Recent Development
10.9 Newpark Resources
10.9.1 Newpark Resources Company Information
10.9.2 Newpark Resources Introduction and Business Overview
10.9.3 Newpark Resources Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Newpark Resources Weighting Agents Products Offered
10.9.5 Newpark Resources Recent Development
10.10 Geos
10.10.1 Geos Company Information
10.10.2 Geos Introduction and Business Overview
10.10.3 Geos Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Geos Weighting Agents Products Offered
10.10.5 Geos Recent Development
10.11 United Mud-Chem
10.11.1 United Mud-Chem Company Information
10.11.2 United Mud-Chem Introduction and Business Overview
10.11.3 United Mud-Chem Weighting Agents Sales, Revenue and Gross Margin (2018-2023)
10.11.4 United Mud-Chem Weighting Agents Products Offered
10.11.5 United Mud-Chem Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Weighting Agents 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 Weighting Agents Industrial Chain Analysis
11.4 Weighting Agents Market Dynamics
11.4.1 Weighting Agents Industry Trends
11.4.2 Weighting Agents Market Drivers
11.4.3 Weighting Agents Market Challenges
11.4.4 Weighting Agents Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Weighting Agents Distributors
12.3 Weighting Agents 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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