The global drilling fluid equipment market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for oil and gas exploration activities in emerging economies such as China and India, which are driving the demand for drilling fluid equipment in these regions. The global drilling fluid equipment market is segmented on the basis of type, application, and region. On the basis of type, it is classified into pumps, drilling fluid manifolds, valves, wafer type butterfly valves pressure gauges unions & air tubes. On the basis of application it includes oil & gas water well geothermal exploration etc, while on the basis of region it includes North America Latin America Europe Asia Pacific Middle East & Africa (MEA).
- The drilling fluid equipment market is expected to grow at a CAGR of 3.5% from 2017 to 2022.
- The drilling fluid equipment market is driven by the increasing demand for oil and gas exploration activities in emerging economies such as China, India, and Brazil.
- The drilling fluid equipment market is also driven by the need for more efficient and cost-effective methods of extracting oil and gas reserves.
- Increasing environmental concerns are driving the demand for more environmentally friendly methods of extraction.
- Increasing focus on safety standards in the industry.
Industry Growth Insights published a new data on “Drilling Fluid Equipment (DFE) Market”. The research report is titled “Drilling Fluid Equipment (DFE) Market research by Types (Pumps, Drilling Fluid Manifolds, Valves, Wafer Type Butterfly Valves, Pressure Gauges, Unions & Air Tubes, Others), By Applications (Oil & Gas, Water Well, Geothermal Exploration), By Players/Companies National Oilwell Varco, GN Solids Control, BETTER Drilling Fluid Equipment Industrial, OFI Testing Equipment, Gibson Energy, Hilton Instruments, SMT”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Drilling Fluid Equipment (DFE) Market Research Report
By Type
Pumps, Drilling Fluid Manifolds, Valves, Wafer Type Butterfly Valves, Pressure Gauges, Unions & Air Tubes, Others
By Application
Oil & Gas, Water Well, Geothermal Exploration
By Companies
National Oilwell Varco, GN Solids Control, BETTER Drilling Fluid Equipment Industrial, OFI Testing Equipment, Gibson Energy, Hilton Instruments, SMT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Drilling Fluid Equipment (DFE) Market Report Segments:
The global Drilling Fluid Equipment (DFE) market is segmented on the basis of:
Types
Pumps, Drilling Fluid Manifolds, Valves, Wafer Type Butterfly Valves, Pressure Gauges, Unions & Air Tubes, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Water Well, Geothermal Exploration
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- National Oilwell Varco
- GN Solids Control
- BETTER Drilling Fluid Equipment Industrial
- OFI Testing Equipment
- Gibson Energy
- Hilton Instruments
- SMT
Highlights of The Drilling Fluid Equipment (DFE) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pumps
- Drilling Fluid Manifolds
- Valves
- Wafer Type Butterfly Valves
- Pressure Gauges
- Unions & Air Tubes
- Others
- By Application:
- Oil & Gas
- Water Well
- Geothermal Exploration
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drilling Fluid Equipment (DFE) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Drilling fluid equipment is a specialized type of drilling rig that uses a variety of fluids to help drill into the ground. These fluids are used to create a hole in the ground, and they can be either water or oil-based.
Some of the major players in the drilling fluid equipment (dfe) market are National Oilwell Varco, GN Solids Control, BETTER Drilling Fluid Equipment Industrial, OFI Testing Equipment, Gibson Energy, Hilton Instruments, SMT.
The drilling fluid equipment (dfe) market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Drilling Fluid Equipment (DFE) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Drilling Fluid Equipment (DFE) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Drilling Fluid Equipment (DFE) Market - Supply Chain
4.5. Global Drilling Fluid Equipment (DFE) Market Forecast
4.5.1. Drilling Fluid Equipment (DFE) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Drilling Fluid Equipment (DFE) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Drilling Fluid Equipment (DFE) Market Absolute $ Opportunity
5. Global Drilling Fluid Equipment (DFE) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Type
5.3.1. Pumps
5.3.2. Drilling Fluid Manifolds
5.3.3. Valves
5.3.4. Wafer Type Butterfly Valves
5.3.5. Pressure Gauges
5.3.6. Unions & Air Tubes
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Drilling Fluid Equipment (DFE) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Water Well
6.3.3. Geothermal Exploration
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Drilling Fluid Equipment (DFE) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Drilling Fluid Equipment (DFE) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Drilling Fluid Equipment (DFE) Demand Share Forecast, 2019-2026
9. North America Drilling Fluid Equipment (DFE) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Water Well
9.4.3. Geothermal Exploration
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Type
9.7.1. Pumps
9.7.2. Drilling Fluid Manifolds
9.7.3. Valves
9.7.4. Wafer Type Butterfly Valves
9.7.5. Pressure Gauges
9.7.6. Unions & Air Tubes
9.7.7. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Drilling Fluid Equipment (DFE) Demand Share Forecast, 2019-2026
10. Latin America Drilling Fluid Equipment (DFE) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Water Well
10.4.3. Geothermal Exploration
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Type
10.7.1. Pumps
10.7.2. Drilling Fluid Manifolds
10.7.3. Valves
10.7.4. Wafer Type Butterfly Valves
10.7.5. Pressure Gauges
10.7.6. Unions & Air Tubes
10.7.7. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Drilling Fluid Equipment (DFE) Demand Share Forecast, 2019-2026
11. Europe Drilling Fluid Equipment (DFE) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Water Well
11.4.3. Geothermal Exploration
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Type
11.7.1. Pumps
11.7.2. Drilling Fluid Manifolds
11.7.3. Valves
11.7.4. Wafer Type Butterfly Valves
11.7.5. Pressure Gauges
11.7.6. Unions & Air Tubes
11.7.7. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Drilling Fluid Equipment (DFE) Demand Share, 2019-2026
12. Asia Pacific Drilling Fluid Equipment (DFE) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Water Well
12.4.3. Geothermal Exploration
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Type
12.7.1. Pumps
12.7.2. Drilling Fluid Manifolds
12.7.3. Valves
12.7.4. Wafer Type Butterfly Valves
12.7.5. Pressure Gauges
12.7.6. Unions & Air Tubes
12.7.7. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Drilling Fluid Equipment (DFE) Demand Share, 2019-2026
13. Middle East & Africa Drilling Fluid Equipment (DFE) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Water Well
13.4.3. Geothermal Exploration
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Drilling Fluid Equipment (DFE) Market Size and Volume Forecast by Type
13.7.1. Pumps
13.7.2. Drilling Fluid Manifolds
13.7.3. Valves
13.7.4. Wafer Type Butterfly Valves
13.7.5. Pressure Gauges
13.7.6. Unions & Air Tubes
13.7.7. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Drilling Fluid Equipment (DFE) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Drilling Fluid Equipment (DFE) Market: Market Share Analysis
14.2. Drilling Fluid Equipment (DFE) Distributors and Customers
14.3. Drilling Fluid Equipment (DFE) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. National Oilwell Varco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GN Solids Control
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BETTER Drilling Fluid Equipment Industrial
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. OFI Testing Equipment
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gibson Energy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hilton Instruments
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SMT
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook