Transparency Market Research Drilling Fluids Market - Global Industry Analysis, Size Share, Growth, Trends and Forecast, 2012 - 2018 Published Date 17-July-2013 79 Page Report Buy Now Request Sample Press Release Global Drilling Fluid Market to Exhibit 8% CAGR during 2012-2018 due to Growing Demand from Central and South America:TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Drilling Fluids Market REPORT DESCRIPTION Drilling Fluids Market - Global Industry Analysis, Size Share, Growth, Trends and Forecast, 2012 - 2018 According to a recent market research report published by Transparency Market Research, the global drilling fluid market is estimated to expand at a CAGR of 8% during the period between 2012 and 2018. The report, titled “Drilling Fluids Market - Global Industry Analysis, Size Share, Growth, Trends and Forecast, 2012 - 2018,” projects the global drilling fluid market to reach a valuation of US$12.31 bn by 2018. The overall market was worth US$7.20 bn in 2011. Complete Drilling Fluids Market Report with TOC : http://www.transparencymarketresearch.com/drilling-fluid-market.html Drilling fluids, also known as drilling mud, are extensively used during drilling oil and natural gas wells. These fluids facilitate the drilling process by controlling pressure, suspending cuttings, providing buoyancy, stabilizing exposed rock, and lubricating and cooling. Rise in oil drilling activities and focus towards deep sea reserves have propelled the growth of the global drilling fluids market. The increasing exploration of shale gas, coal bed methane, and other unconventional resources, along with the implementation of horizontal drilling, will further augment the growth of the market during the forecast period. However, the growing concerns regarding the environmental impact of drilling fluids, especially oil based fluids, will hamper the market’s growth. The emergence of nanotechnology for developing drilling fluids will open new opportunities for the growth of the market in the near future. On the basis of product type, the report segments the global drilling fluids market into synthetic based fluids (SBFs), oil based fluids (OBFs), and water based fluids (WBFs). In 2012, water based fluids emerged as the leading product segment with 55% market share. Owing to their minimum toxicity, WBFs are widely used for offshore drilling. During the forecast horizon, the WBF segment is estimated to register a CAGR of 8.5%. While OBFs operate efficiently, they carry the maximum risk of environmental hazards. Hence, the demand for SBFs is expected to surge in the near future. SBFs contain attributes of both WBFs and OBFs. The report studies the global drilling fluids market across Europe, North America, the Middle East and Africa, and Asia Pacific. In 2012, North America was the leading region in the market and accounted for over 55% of the market. The growing exploration of shale gas across Canada and the U.S. is anticipated to drive the demand from this regional market in the coming years. During the forecast horizon, Central and South America is projected to register the fastest growth in the market at a CAGR of 9.5% due to enhanced drilling activities in offshore of Venezuela and Brazil. In China and India, government support in the form of tax subsidies to E&P companies will encourage oil and gas production, thereby fuelling the demand for drilling fluids. Describing the competitive hierarchy, the report profiles some of the key players in the global drilling fluids market such as Baker Hughes, Anchor Drilling, Canadian Energy Services, Halliburton, China Oilfield Transparency Market Research 2 Drilling Fluids Market Services Limited, Schlumberger Technology Corporation, Newpark Drilling Fluids, and Weatherford International. The four leading companies held over 65% of the market in 2012.The report provides information about business strategies, financial overview, and company overview of the key players and with the help of SWOT analysis, assesses the future growth opportunities for the players. Global Drilling Fluids Market has been segmented as: Drilling Fluids Market: Product Segment Analysis • Oil Based Fluids (OBFs) • Synthetic Based Fluids (SBFs) • Water Based Fluids (WBFs) Drilling Fluids Market: Application Analysis • Offshore Oil and Gas • Onshore Oil and Gas Drilling Fluids Market: Regional Analysis • North America • Europe • Middle East and Africa • Asia Pacific • Central and South America Transparency Market Research 3 Drilling Fluids Market Enquiry Before Buying :- http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=1292 TABLE OF CONTENT Chapter 1 Preface 1.1 Report Description 1.2 Market Segmentation 1.3 Research methodology 1.4 List of abbreviation Chapter 2 Executive Summary 2.1 Global drilling fluids market snapshot Chapter 3 Drilling Fluids: Industry Analysis 3.1 Introduction 3.2 Value chain analysis 3.3 Market Drivers 3.3.1 Increasing oil drilling activities worldwide 3.3.2 Focus towards developing deep sea reserves and implementing horizontal drilling 3.3.3 Increasing exploration of shale gas, CBM and other unconventional resources 3.4 Restraints 3.4.1 Growing environmental concerns regarding the use and disposal of drilling fluids Transparency Market Research 4 Drilling Fluids Market 3.4.2 Geopolitical issues 3.5 Opportunities 3.5.1 Emergence of nanotechnology for developing drilling fluids 3.6 Porter’s five forces analysis 3.6.1 Bargaining power of suppliers 3.6.2 Bargaining power of buyers 3.6.3 Threat of new entrants 3.6.4 Threat of substitutes 3.6.5 Degree of competition 3.7 Drilling fluids: Market attractiveness analysis 3.8 Drilling Fluids: Company market share analysis, 2012 Chapter 4 Drilling Fluids: Product Segment Analysis 4.1 Global drilling fluids market, product overview 4.1.1 Global drilling fluids market share by product 2011 and 2018 4.2 Global drilling fluids market, by product 4.2.1 Oil-based fluids (OBFs) 4.2.1.1 Global market estimates and forecast for oil-based fluids, 2011 - 2018 (USD Million) 4.2.2 Synthetic-based fluids (SBFs) 4.2.2.1 Global market estimates and forecast for synthetic-based fluids, 2011 - 2018 (USD Million) 4.2.3 Water-based fluids (WBF) Transparency Market Research 5 Drilling Fluids Market 4.2.3.1 Global estimates and forecast for water-based fluids, 2011 - 2018 (USD Million) Chapter 5 Drilling Fluids: Application Segment Analysis 5.1 Global drilling fluids market: Application overview 5.1.1 Global drilling fluids market revenue share, by application, 2011-2018 5.2 Global drilling fluids market, by application 5.2.1 Offshore oil and gas 5.2.1.1 Global demand for drilling fluids from offshore oil and gas, 2011-2018 (USD Million) 5.2.2 Onshore Oil and Gas 5.2.2.1 Global demand for drilling fluids from onshore oil and gas, 2011-2018 (USD Million) Chapter 6 Drilling Fluids: Regional Analysis 6.1 Drilling fluids market: Regional overview 6.1.1 Global drilling fluids market revenue share by region, 2011 and 2018 6.2 Global drilling fluids market, by region 6.2.1 North America 6.2.1.1 North America drilling fluids market estimates and forecast, 2011-2018(USD Million) 6.2.1.2 North America drilling fluids market, by product, 2011-2018 (USD Million) 6.2.1.3 North America drilling fluids market, by application 2011-2018 (USD Million) 6.2.2 Europe 6.2.2.1 Europe drilling fluids market estimates and forecast, 2011-2018(USD Million) 6.2.2.2 Europe drilling fluids market, by product 2011-2018 (USD Million) Transparency Market Research 6 Drilling Fluids Market 6.2.2.3 Europe drilling fluids market, by application 2011-2018 (USD Million) 6.2.3 Middle East and Africa 6.2.3.1 Middle East and Africa drilling fluids market estimates and forecast, 2011-2018(USD Million) 6.2.3.2 Middle East and Africa drilling fluids market, by product 2011-2018 (USD Million) 6.2.3.3 Middle East and Africa drilling fluids market, by application 2011-2018 (USD Million) 6.2.4 Asia Pacific 6.2.4.1 Asia Pacific drilling fluids market estimates and forecast, 2011-2018(USD Million) 6.2.4.2 Asia Pacific drilling fluids market, by product 2011-2018 (USD Million) 6.2.4.3 Asia Pacific drilling fluids market, by application 2011-2018 (USD Million) 6.2.5 Central and South America 6.2.5.1 Central and South America drilling fluids market estimates and forecast, 2011-2018(USD Million) 6.2.5.2 Central and South America drilling fluids market, by product 2011-2018 (USD Million) 6.2.5.3 Central and South America drilling fluids market, by application 2011-2018 (USD Million) Chapter 7 Company Profiles 7.1 Schlumberger Technology Corporation 7.1.1 Company overview 7.1.2 Financial overview 7.1.3 Business strategies 7.1.4 SWOT analysis Transparency Market Research 7 Drilling Fluids Market 7.1.5 Recent developments 7.2 Halliburton Company 7.2.1 Company overview 7.2.2 Financial overview 7.2.3 Business strategies 7.2.4 SWOT analysis 7.2.5 Recent developments 7.3 Baker Hughes Incorporated 7.3.1 Company overview 7.3.2 Financial overview 7.3.3 Business strategies 7.3.4 SWOT analysis 7.3.5 Recent developments 7.4 Newpark Resources Inc. 7.4.1 Company overview 7.4.2 Financial overview 7.4.3 Business strategies 7.4.4 SWOT analysis 7.4.5 Recent developments 7.5 Weatherford International 7.5.1 Company overview 7.5.2 Financial overview Transparency Market Research 8 Drilling Fluids Market 7.5.3 Business strategies 7.5.4 SWOT analysis 7.5.5 Recent developments 7.6 Canadian Energy Services &Technology Corp. 7.6.1 Company overview 7.6.2 Financial overview 7.6.3 Business strategies 7.6.4 SWOT analysis 7.6.5 Recent developments 7.7 China Oilfield Services Limited 7.7.1 Company overview 7.7.2 Financial overview 7.7.3 Business strategies 7.7.4 SWOT analysis 7.8 Anchor Drilling Fluids USA Inc. 7.8.1 Company overview 7.8.2 Business strategies 7.8.3 SWOT analysis 7.8.4 Recent developments 7.9 National Oilwell Varco 7.9.1 Company overview 7.9.2 Financial overview Transparency Market Research 9 Drilling Fluids Market 7.9.3 Business strategies 7.9.4 SWOT analysis Complete Drilling Fluids Market Report with TOC : http://www.transparencymarketresearch.com/drilling-fluid-market.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 10
According to a recent market research report published by Transparency Market Research, the global drilling fluid market is estimated to expand at a CAGR of 8% during the period between 2012 and 2018. The report, titled “Drilling Fluids Market - Global Industry Analysis, Size Share, Growth, Trends and Forecast, 2012 - 2018,” projects the global drilling fluid market to reach a valuation of US$12.31 bn by 2018. The overall market was worth US$7.20 bn in 2011. Complete Drilling Fluids Market Report with TOC : http://www.transparencymarketresearch.com/drilling-fluid-market.html Drilling fluids, also known as drilling mud, are extensively used during drilling oil and natural gas wells. These fluids facilitate the drilling process by controlling pressure, suspending cuttings, providing buoyancy, stabilizing exposed rock, and lubricating and cooling.
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