Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Oil-based Drilling Fluid Market by Type (Coarse Drilling Fluid, High Quality Drilling Fluid), By Application (Onshore, Offshore) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Oil-based Drilling Fluid Market by Type (Coarse Drilling Fluid, High Quality Drilling Fluid), By Application (Onshore, Offshore) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 204316 3300 Chemical & Material 377 232 Pages 4.6 (39)
                                          

The global drilling fluid market is expected to grow at a CAGR of 4.5% from 2021 to 2030. The growth in the market can be attributed to the increasing demand for drilling fluids in offshore and onshore applications, which is expected to drive the demand for high quality drilling fluids. The high quality drilling fluids are used in offshore applications, where they are required for maintaining a stable pressure gradient and preventing formation damage. In addition, these fluids are also used as an alternative to water-based muds that have been found to cause corrosion of metal surfaces due to their acidic nature. The coarse drilling fluid segment accounted for over 50% of the total market share in 2018 and is expected to continue its dominance throughout the forecast period owing primarily due its low cost and ease of use. High quality drill fluids accounted for over 30% of the total market share in 2018 and is projected grow at a CAGR of 5% during 2019-2030 owing primarily due its use as an alternative water-based muds that have been found cause corrosion of metal surfaces due their acidic nature.

Some Of The Growth Factors Of This Market:

  1. The increasing demand for shale gas exploration activities in North America is also expected to fuel the growth of this market over the forecast period.
  2. Increasing environmental concerns related with hydraulic fracturing are likely to restrain this market's growth over the forecast period as these fluids are known for their high toxicity levels and can contaminate ground water sources if not disposed off properly after use in hydraulic fracturing operations.

Industry Growth Insights published a new data on “Oil-based Drilling Fluid Market”. The research report is titled “Oil-based Drilling Fluid Market research by Types (Coarse Drilling Fluid, High Quality Drilling Fluid), By Applications (Onshore, Offshore), By Players/Companies 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”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Oil-based Drilling Fluid Market Research Report

By Type

Coarse Drilling Fluid, High Quality Drilling Fluid

By Application

Onshore, Offshore

By Companies

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

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

232

Number of Tables & Figures

163

Customization Available

Yes, the report can be customized as per your need.


Global Oil-based Drilling Fluid Industry Outlook


Global Oil-based Drilling Fluid Market Report Segments:

The global Oil-based Drilling Fluid market is segmented on the basis of:

Types

Coarse Drilling Fluid, High Quality Drilling Fluid

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

Onshore, Offshore

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:

  1. Schlumberger Limited
  2. DowDuPont
  3. Halliburton
  4. Baker Hughes-a GE Company
  5. Akzo Nobel NV
  6. Weatherford International
  7. Clariant International
  8. Solvay
  9. Gumpro Drilling Fluids Private
  10. Newpark Resources
  11. Orean Hydrocarbons Middle East
  12. Petrochem Performance Chemicals
  13. National Oilwell Varco
  14. Royal Dutch Shell

Global Oil-based Drilling Fluid Market Overview


Highlights of The Oil-based Drilling Fluid Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Coarse Drilling Fluid
    2. High Quality Drilling Fluid
  1. By Application:

    1. Onshore
    2. Offshore
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Oil-based Drilling Fluid 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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Global Oil-based Drilling Fluid Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Oil-based drilling fluid is a type of hydraulic fracturing fluid that is made up of oil and water. It is used to break up rock formations so that gas can be extracted from the ground.

Some of the major companies in the oil-based drilling fluid market are 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.

The oil-based drilling fluid market is expected to register a CAGR of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Oil-based Drilling Fluid 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. Oil-based Drilling Fluid Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Oil-based Drilling Fluid Market - Supply Chain
   4.5. Global Oil-based Drilling Fluid Market Forecast
      4.5.1. Oil-based Drilling Fluid Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Oil-based Drilling Fluid Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Oil-based Drilling Fluid Market Absolute $ Opportunity

5. Global Oil-based Drilling Fluid 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. Oil-based Drilling Fluid Market Size and Volume Forecast by Type
      5.3.1. Coarse Drilling Fluid
      5.3.2. High Quality Drilling Fluid
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Oil-based Drilling Fluid 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. Oil-based Drilling Fluid Market Size and Volume Forecast by Application
      6.3.1. Onshore
      6.3.2. Offshore
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Oil-based Drilling Fluid 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. Oil-based Drilling Fluid 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 Oil-based Drilling Fluid 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. Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Demand Share Forecast, 2019-2026

9. North America Oil-based Drilling Fluid 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 Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Market Size and Volume Forecast by Application
      9.4.1. Onshore
      9.4.2. Offshore
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Oil-based Drilling Fluid Market Size and Volume Forecast by Type
      9.7.1. Coarse Drilling Fluid
      9.7.2. High Quality Drilling Fluid
   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 Oil-based Drilling Fluid Demand Share Forecast, 2019-2026

10. Latin America Oil-based Drilling Fluid 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 Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Market Size and Volume Forecast by Application
      10.4.1. Onshore
      10.4.2. Offshore
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Oil-based Drilling Fluid Market Size and Volume Forecast by Type
      10.7.1. Coarse Drilling Fluid
      10.7.2. High Quality Drilling Fluid
   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 Oil-based Drilling Fluid Demand Share Forecast, 2019-2026

11. Europe Oil-based Drilling Fluid 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 Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Market Size and Volume Forecast by Application
      11.4.1. Onshore
      11.4.2. Offshore
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Oil-based Drilling Fluid Market Size and Volume Forecast by Type
      11.7.1. Coarse Drilling Fluid
      11.7.2. High Quality Drilling Fluid
   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 Oil-based Drilling Fluid Demand Share, 2019-2026

12. Asia Pacific Oil-based Drilling Fluid 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 Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Market Size and Volume Forecast by Application
      12.4.1. Onshore
      12.4.2. Offshore
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Oil-based Drilling Fluid Market Size and Volume Forecast by Type
      12.7.1. Coarse Drilling Fluid
      12.7.2. High Quality Drilling Fluid
   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 Oil-based Drilling Fluid Demand Share, 2019-2026

13. Middle East & Africa Oil-based Drilling Fluid 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 Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Market Size and Volume Forecast by Application
      13.4.1. Onshore
      13.4.2. Offshore
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Oil-based Drilling Fluid Market Size and Volume Forecast by Type
      13.7.1. Coarse Drilling Fluid
      13.7.2. High Quality Drilling Fluid
   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 Oil-based Drilling Fluid Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Oil-based Drilling Fluid Market: Market Share Analysis
   14.2. Oil-based Drilling Fluid Distributors and Customers
   14.3. Oil-based Drilling Fluid Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Schlumberger Limited
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. DowDuPont
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Halliburton
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Baker Hughes-a GE Company
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Akzo Nobel NV
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Weatherford International
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Clariant International
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Solvay
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Gumpro Drilling Fluids Private
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Newpark Resources
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Orean Hydrocarbons Middle East
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Petrochem Performance Chemicals
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. National Oilwell Varco
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Royal Dutch Shell
         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

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