Drilling And Completion Fluids Market
PUBLISHED: 2020 ID: SMRC18899
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Drilling And Completion Fluids Market

Drilling and Completion Fluids - Global Market Outlook (2018-2027)

4.5 (57 reviews)
4.5 (57 reviews)
Published: 2020 ID: SMRC18899

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Drilling and Completion Fluids Market is accounted for $9.23 billion in 2018 and is expected to reach $18.31 billion by 2027 growing at a CAGR of 7.8% during the forecast period. Increase in shale gas exploration and surge in drilling activities are the major factors driving the market growth. However, the environmental impact of drilling fluids and stringent environmental regulations are restraining market growth.

Drilling and completion fluids are used mainly in drilling tasks and to perform several activities. Often, referred to as drilling mud the drilling fluid is actually a composite fluid. The liquid mix comprises of dirt, synthetic and water. Oil is in like manner utilized as opposed to water to get adequate houses. Other than the utilization of these liquids to diminish the rubbing quit customers use boring liquids to control arrangement strain. They are mostly used to diminish the development of damage just as transport and move solids.

Based on the application, the onshore segment is likely to have a huge demand rise in demand for energy around the world, growth in drilling activities and increasing focus on unconventional resources such as coalbed methane (CBM), and tight oil reserves. By geography, North America is going to have a lucrative growth during the forecast period due to rise in shale gas exploration, increase in drilling activity for oil and gas and improved onshore activities with the exploration of vast shale gas reserves.

Some of the key players profiled in the Drilling and Completion Fluids Market include National Oilwell Varco, Weatherford International, Baker Hughes, Secure Energy Services, Halliburton, Scomi, Schlumberger, Sagemines, Tetra Technologies, Global Drilling and Chemicals, Newpark Resources, and Q’max Solutions.

Fluid Systems Covered:
• Oil-Based
• Synthetic-Based
• Gas Based 
• Water-Based

Well Types Covered:
• Conventional Wells  
• High Pressure High Temperature (HPHT) Wells    

Applications Covered:
• Offshore
• Onshore

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
           
2 Preface     
     
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions        
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Application Analysis       
 3.7 Emerging Markets        
 3.8 Futuristic Market Scenario       
           
4 Porters Five Force Analysis   
     
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Drilling and Completion Fluids Market, By Fluid System     
 5.1 Introduction        
 5.2 Oil-Based        
 5.3 Synthetic-Based        
 5.4 Gas Based         
 5.5 Water-Based        
           
6 Global Drilling and Completion Fluids Market, By Well Type     

 6.1 Introduction        
 6.2 Conventional Wells        
 6.3 High Pressure High Temperature (HPHT) Wells     
           
7 Global Drilling and Completion Fluids Market, By Application     
 7.1 Introduction        
 7.2 Offshore         
 7.3 Onshore         
           
8 Global Drilling and Completion Fluids Market, By Geography     
 8.1 Introduction        
 8.2 North America        
  8.2.1 US        
  8.2.2 Canada        
  8.2.3 Mexico        
 8.3 Europe         
  8.3.1 Germany        
  8.3.2 UK        
  8.3.3 Italy        
  8.3.4 France        
  8.3.5 Spain        
  8.3.6 Rest of Europe       
 8.4 Asia Pacific        
  8.4.1 Japan        
  8.4.2 China        
  8.4.3 India        
  8.4.4 Australia        
  8.4.5 New Zealand       
  8.4.6 South Korea       
  8.4.7 Rest of Asia Pacific       
 8.5 South America        
  8.5.1 Argentina       
  8.5.2 Brazil        
  8.5.3 Chile        
  8.5.4 Rest of South America      
 8.6 Middle East & Africa       
  8.6.1 Saudi Arabia       
  8.6.2 UAE        
  8.6.3 Qatar        
  8.6.4 South Africa       
  8.6.5 Rest of Middle East & Africa      
           
9 Key Developments         
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 9.2 Acquisitions & Mergers       
 9.3 New Product Launch       
 9.4 Expansions        
 9.5 Other Key Strategies       
           
10 Company Profiling         
 10.1 National Oilwell Varco       
 10.2 Weatherford International       
 10.3 Baker Hughes        
 10.4 Secure Energy Services       
 10.5 Halliburton        
 10.6 Scomi         
 10.7 Schlumberger        
 10.8 Sagemines        
 10.9 Tetra Technologies        
 10.10 Global Drilling and Chemicals       
 10.11 Newpark Resources        
 10.12 Q’max Solutions        


List of Tables          
1 Global Drilling and Completion Fluids Market Outlook, By Region (2017-2027) (US $MN)   
2 Global Drilling and Completion Fluids Market Outlook, By Fluid System (2017-2027) (US $MN)  
3 Global Drilling and Completion Fluids Market Outlook, By Oil-Based (2017-2027) (US $MN)  
4 Global Drilling and Completion Fluids Market Outlook, By Synthetic-Based (2017-2027) (US $MN) 
5 Global Drilling and Completion Fluids Market Outlook, By Gas Based (2017-2027) (US $MN)  
6 Global Drilling and Completion Fluids Market Outlook, By Water-Based (2017-2027) (US $MN)  
7 Global Drilling and Completion Fluids Market Outlook, By Well Type (2017-2027) (US $MN)  
8 Global Drilling and Completion Fluids Market Outlook, By Conventional Wells (2017-2027) (US $MN) 
9 Global Drilling and Completion Fluids Market Outlook, By High Pressure High Temperature (HPHT) Wells (2017-2027) (US $MN)
10 Global Drilling and Completion Fluids Market Outlook, By Application (2017-2027) (US $MN)  
11 Global Drilling and Completion Fluids Market Outlook, By Offshore (2017-2027) (US $MN)  
12 Global Drilling and Completion Fluids Market Outlook, By Onshore (2017-2027) (US $MN)  
13 North America Drilling and Completion Fluids Market Outlook, By Country (2017-2027) (US $MN)  
14 North America Drilling and Completion Fluids Market Outlook, By Fluid System (2017-2027) (US $MN) 
15 North America Drilling and Completion Fluids Market Outlook, By Oil-Based (2017-2027) (US $MN) 
16 North America Drilling and Completion Fluids Market Outlook, By Synthetic-Based (2017-2027) (US $MN)
17 North America Drilling and Completion Fluids Market Outlook, By Gas Based (2017-2027) (US $MN) 
18 North America Drilling and Completion Fluids Market Outlook, By Water-Based (2017-2027) (US $MN) 
19 North America Drilling and Completion Fluids Market Outlook, By Well Type (2017-2027) (US $MN) 
20 North America Drilling and Completion Fluids Market Outlook, By Conventional Wells (2017-2027) (US $MN)
21 North America Drilling and Completion Fluids Market Outlook, By High Pressure High Temperature (HPHT) Wells (2017-2027) (US $MN)
22 North America Drilling and Completion Fluids Market Outlook, By Application (2017-2027) (US $MN) 
23 North America Drilling and Completion Fluids Market Outlook, By Offshore (2017-2027) (US $MN) 
24 North America Drilling and Completion Fluids Market Outlook, By Onshore (2017-2027) (US $MN) 
25 Europe Drilling and Completion Fluids Market Outlook, By Country (2017-2027) (US $MN)   
26 Europe Drilling and Completion Fluids Market Outlook, By Fluid System (2017-2027) (US $MN) 
27 Europe Drilling and Completion Fluids Market Outlook, By Oil-Based (2017-2027) (US $MN)  
28 Europe Drilling and Completion Fluids Market Outlook, By Synthetic-Based (2017-2027) (US $MN) 
29 Europe Drilling and Completion Fluids Market Outlook, By Gas Based (2017-2027) (US $MN)  
30 Europe Drilling and Completion Fluids Market Outlook, By Water-Based (2017-2027) (US $MN) 
31 Europe Drilling and Completion Fluids Market Outlook, By Well Type (2017-2027) (US $MN)  
32 Europe Drilling and Completion Fluids Market Outlook, By Conventional Wells (2017-2027) (US $MN) 
33 Europe Drilling and Completion Fluids Market Outlook, By High Pressure High Temperature (HPHT) Wells (2017-2027) (US $MN)
34 Europe Drilling and Completion Fluids Market Outlook, By Application (2017-2027) (US $MN)  
35 Europe Drilling and Completion Fluids Market Outlook, By Offshore (2017-2027) (US $MN)  
36 Europe Drilling and Completion Fluids Market Outlook, By Onshore (2017-2027) (US $MN)  
37 Asia Pacific Drilling and Completion Fluids Market Outlook, By Country (2017-2027) (US $MN)   
38 Asia Pacific Drilling and Completion Fluids Market Outlook, By Fluid System (2017-2027) (US $MN) 
39 Asia Pacific Drilling and Completion Fluids Market Outlook, By Oil-Based (2017-2027) (US $MN) 
40 Asia Pacific Drilling and Completion Fluids Market Outlook, By Synthetic-Based (2017-2027) (US $MN) 
41 Asia Pacific Drilling and Completion Fluids Market Outlook, By Gas Based (2017-2027) (US $MN) 
42 Asia Pacific Drilling and Completion Fluids Market Outlook, By Water-Based (2017-2027) (US $MN) 
43 Asia Pacific Drilling and Completion Fluids Market Outlook, By Well Type (2017-2027) (US $MN) 
44 Asia Pacific Drilling and Completion Fluids Market Outlook, By Conventional Wells (2017-2027) (US $MN)
45 Asia Pacific Drilling and Completion Fluids Market Outlook, By High Pressure High Temperature (HPHT) Wells (2017-2027) (US $MN)
46 Asia Pacific Drilling and Completion Fluids Market Outlook, By Application (2017-2027) (US $MN) 
47 Asia Pacific Drilling and Completion Fluids Market Outlook, By Offshore (2017-2027) (US $MN) 
48 Asia Pacific Drilling and Completion Fluids Market Outlook, By Onshore (2017-2027) (US $MN) 
49 South America Drilling and Completion Fluids Market Outlook, By Country (2017-2027) (US $MN)  
50 South America Drilling and Completion Fluids Market Outlook, By Fluid System (2017-2027) (US $MN) 
51 South America Drilling and Completion Fluids Market Outlook, By Oil-Based (2017-2027) (US $MN) 
52 South America Drilling and Completion Fluids Market Outlook, By Synthetic-Based (2017-2027) (US $MN)
53 South America Drilling and Completion Fluids Market Outlook, By Gas Based (2017-2027) (US $MN) 
54 South America Drilling and Completion Fluids Market Outlook, By Water-Based (2017-2027) (US $MN) 
55 South America Drilling and Completion Fluids Market Outlook, By Well Type (2017-2027) (US $MN) 
56 South America Drilling and Completion Fluids Market Outlook, By Conventional Wells (2017-2027) (US $MN)
57 South America Drilling and Completion Fluids Market Outlook, By High Pressure High Temperature (HPHT) Wells (2017-2027) (US $MN)
58 South America Drilling and Completion Fluids Market Outlook, By Application (2017-2027) (US $MN) 
59 South America Drilling and Completion Fluids Market Outlook, By Offshore (2017-2027) (US $MN) 
60 South America Drilling and Completion Fluids Market Outlook, By Onshore (2017-2027) (US $MN) 
61 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Country (2017-2027) (US $MN)  
62 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Fluid System (2017-2027) (US $MN)
63 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Oil-Based (2017-2027) (US $MN) 
64 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Synthetic-Based (2017-2027) (US $MN)
65 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Gas Based (2017-2027) (US $MN)
66 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Water-Based (2017-2027) (US $MN)
67 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Well Type (2017-2027) (US $MN)
68 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Conventional Wells (2017-2027) (US $MN)
69 Middle East & Africa Drilling and Completion Fluids Market Outlook, By High Pressure High Temperature (HPHT) Wells (2017-2027) (US $MN)
70 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Application (2017-2027) (US $MN)
71 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Offshore (2017-2027) (US $MN) 
72 Middle East & Africa Drilling and Completion Fluids Market Outlook, By Onshore (2017-2027) (US $MN) 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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