Global Drilling Fluids and Chemicals Market Size Analysis, 2018-2028

REPORT ID: BKR642Domain: ChemicalsPublished Date: April 2018

 

 

Global Drilling Fluids and Chemicals Market Size

Global drilling fluids and chemicals market size has witnessed a steep incline in its growth owing to recovering petrochemical market. The industry sales went drastically low post later half of 2014 and continued fall till 2016, before showing a sign of recovery in 2017. The drilling fluids market and chemicals market growth is not only strong in developing regions but also developed where region such as North America is expected to register double digit CAGR till first half of the forecast period (2017-2022). The recovery is likely to be uneven owing to various politico-economic situation. As such, the industry players need to pay emphasis on their operational cost and marketing structure to maintain their market presence worldwide.

Global drilling fluids and chemicals market size is estimated to be valued at nearly USD 14.5 billion in 2018.

Global Drilling Fluids and Chemicals Market Drivers and Challenges

Drilling fluids and chemicals market demand will be generated from horizontal drilling activities. Drilling finds vital role in onshore and offshore activities. It will grow at significant rate owing to rise in demand for energy worldwide. Industry players will find major scope during the forecast period. Shale boom is a major factor driving the demand for drilling fluids.

Drilling fluids and chemicals market trends will witness expansion of business operations in developing regions during the forecast period. Stringent regulations has affected the overall profitability margin of the manufacturers and suppliers.

End-use operators are preferring water based drilling fluids owing to its sustainability and lower cost. Furthermore, inclination towards horizontal drilling will allow market scope for high quality additives.

Global Drilling Fluids and Chemicals Market Regional Analysis

Globally, North America drilling fluids and chemicals market will dominate the industry, however, will lose market share to Asia Pacific and MEA during the later half of the forecast period. North America is estimated to account for nearly 53% of total share in 2017. In Asia Pacific, Indonesia and China will hold major share, while in Middle East, GCC is estimated to account for nearly 95% of total regional share.

Europe will grow at a sluggish rate with lower incremental opportunity. Companies will find maximum opportunity in Russia and Baltic Nations followed by EU. This is evident from the fact that Russia generates over 25% of its GDP from petrochemical industry.

Global Drilling Fluids and Chemicals Market Competition Scenario

Some of the key Drilling Fluids and Chemicals industry players are Halliburton Baker Hughes Inc., M-I Swaco, Tetra Technologies Inc., Canadian Energy Services & Technology Corp., Weatherford International Ltd, Anchor Drilling Fluids Usa Inc., Newpark Resources Inc., Akzonobel, National Oilwell Varco Inc., Chevron Phillips Chemical Company, Global Drilling Fluids & Chemicals Ltd., Scomi Group Bhd, Secure Energy Services Inc., Elementis, The Lubrizol Corporation, NALCO Champion, and Solvay SA. These key industry players finds an inclination towards inorganic growth strategy to strengthen their market presence.

Drilling Fluids and Chemicals Market Size TOC

  1. Report Structure
  2. Research Methodology
    • Market Engineering Factors Weightage
    • Market Share Methodology
  3. Executive Summary
    • Key Findings
    • Market Engineering Factors
    • Industry Expert Perspectives
  4. Market Definitions
  5. The Global Drilling Fluids and Chemicals Market Value
    • Overall Market Forecast
    • Drilling Fluids and Chemicals Growth Outlook, By Segments
    • Drilling Fluids and Chemicals Growth Scenario, by Region
  6. The Drilling Fluids and Chemicals Industry Ecosystem
    • Parent Market Overview
    • Industry Value Chain Analysis
    • Growth Factor Analysis
    • Key Industry Players By Region
  7. The Drilling Fluids and Chemicals Industry Dynamics
    • Drivers
    • Challenges
    • Opportunities
    • Mega Trends
    • Geographical Trends
    • Industry Experts Views
    • Merger Acquisition
    • Key Industry Developments
  8. The Drilling Fluids and Chemicals Market Pricing Analysis
    • Drilling Fluids and Chemicals Pricing Forecast
    • Pricing Analysis By Region
    • Pricing Trends
  9. Global Drilling Fluids and Chemicals Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Industry Predictive Analysis
    • Drilling Fluids and Chemicals Industry Segment Comparative Ranking Analysis
    • Key Companies Involved and Initiatives
    • Global Industry Opportunity Proposition Analysis
    • Market Share Analysis, (%)
    • Global Drilling Fluids and Chemicals Market Size and Forecast, (2017-2027)
      • Market Value Forecast (US$ Million)
      • Growth Analysis (Y-o-Y) and Forecast
  1. Global Drilling Fluids and Chemicals Industry Size and Forecast, By Segments
    • By Usage
      • Onshore
      • Offshore
    • By Fluid Type
      • Water Based
      • Oil Based
      • Synthetic
      • Other Fluid Types
  1. North America Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis
    • North America Drilling Fluids and Chemicals Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • North America Drilling Fluids and Chemicals Market, By Segments (As mentioned in section 10 of TOC)
    • S. Drilling Fluids and Chemicals Market Size and Forecast, By Segments
    • Canada Drilling Fluids and Chemicals Market Size and Forecast, By Segments
  2. Latin America Drilling Fluids and Chemicals Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Latin America (South America) Drilling Fluids and Chemicals Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • Latin America Drilling Fluids and Chemicals Market, By Segments (As mentioned in section 10 of TOC)
    • Brazil Drilling Fluids and Chemicals Market Size and Forecast, By Segments
    • Argentina
    • Mexico
    • Rest of Latin America

(Drilling Fluids and Chemicals industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Western Europe Drilling Fluids and Chemicals Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Western Europe Drilling Fluids and Chemicals Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Western Europe Drilling Fluids and Chemicals Market, By Segments (As mentioned in section 10 of TOC)
    • Germany Drilling Fluids and Chemicals Market Size and Forecast, By Segments
    • UK
    • France
    • Spain
    • Italy
    • NORDIC
    • Switzerland
    • Rest of Western Europe

(Drilling Fluids and Chemicals industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Central and Eastern Europe (CEE) Drilling Fluids and Chemicals Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Central and Eastern Europe Drilling Fluids and Chemicals Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Central and Eastern Europe Drilling Fluids and Chemicals Market, By Segments (As mentioned in section 10 of Drilling Fluids and Chemicals Market TOC)
    • Russia Drilling Fluids and Chemicals Market Size and Forecast, By Segments
    • Poland
    • Ukraine
    • Rest of CEE

(Drilling Fluids and Chemicals industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Asia Pacific Drilling Fluids and Chemicals Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Asia Pacific Countries
    • Asia Pacific Drilling Fluids and Chemicals Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Asia Pacific Drilling Fluids and Chemicals Market, By Segments (As mentioned in section 10 of TOC)
    • Japan Drilling Fluids and Chemicals Market Size and Forecast, By Segments
    • China
    • India
    • South Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

(Drilling Fluids and Chemicals industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Middle East Drilling Fluids and Chemicals Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Middle East Countries
    • Middle East Drilling Fluids and Chemicals Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Middle East Drilling Fluids and Chemicals Market, By Segments (As mentioned in section 10 of TOC)
    • GCC Drilling Fluids and Chemicals Market Size and Forecast, By Segments
    • Israel
    • Rest of Middle East

(Drilling Fluids and Chemicals industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Africa Drilling Fluids and Chemicals Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Africa Countries
    • Market Share Analysis, (%)
    • Africa Drilling Fluids and Chemicals Industry Size and Forecast, (2017-2027)
    • Africa Drilling Fluids and Chemicals Industry Share (%)
    • Africa Drilling Fluids and Chemicals Industry Growth Forecast (%)
    • South Africa Drilling Fluids and Chemicals Market Size and Forecast, By Segments
    • Algeria
    • Nigeria

(Drilling Fluids and Chemicals industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Drilling Fluids and Chemicals Market Competitive Landscape
    • Competition Dashboard
    • Funding and Investment
    • Company Market Positioning
    • Marketing Mix Strategies
    • Product Level Strategies
    • Go-to-Market Strategies
    • SWOT Analysis
    • Key Developments, By Companies
    • Company Profiles*
  1. Analyst Opinion
  2. Summary and Conclusion
  3. For more Information, Bekryl can help

*(SWOT, Key Developments, and Strategies are based on individual companies) To access the detailed Drilling Fluids and Chemicals industry TOC and sample research pages, download sample.   What Will You Discover in the Report?

  • An in-depth analysis of the Drilling Fluids and Chemicals market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Drilling Fluids and Chemicals market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Drilling Fluids and Chemicals market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Drilling Fluids and Chemicals industry during the forecast period
  • Who are the Drilling Fluids and Chemicals industry leaders and what are the key initiatives taken by them for long term growth

Who will benefit from the Report?

  • Drilling Fluids and Chemicals Industry Suppliers
  • Drilling Fluids and Chemicals Industry Manufacturers
  • Consultants and Analysts
  • Researchers

Analyst access with Bekryl Market Analysts Purchasing of Drilling Fluids and Chemicals market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

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Drilling Fluids and Chemicals Market Report Structure

Drilling Fluids and Chemicals Industry Dynamics

This section enables Drilling Fluids and Chemicals industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Drilling Fluids and Chemicals market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Drilling Fluids and Chemicals industry trends and keep industry leaders abreast of latest happenings.

This section includes:

  • Market Drivers
  • Market Challenges
  • Drilling Fluids and Chemicals Industry Trends
  • Drilling Fluids and Chemicals Value Chain Analysis
  • Marketing Opportunities
  • Regulatory Aspects
  • Drilling Fluids and Chemicals Industry Experts Market Opinion

Industry Analysis, By Segments

Industry stakeholders receive detailed analysis of the Drilling Fluids and Chemicals industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.

Each segment has research framework, essential to understand the market scenario in near future.

Each segment includes:

  • Market Size and Forecast
  • Annual Growth Rate Analysis (AGR)
  • Key Trends, By segments
  • Key Industry Developments
  • Investment Proposition Analysis
  • Potential Addressable Market Analysis
  • Growth Factor, By Segment Analysis

This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.

Competition Landscape

Keep abreast of key strategies of industry leaders and regional Drilling Fluids and Chemicals industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.

This section include:

  • Competition dashboard
  • SWOT Analysis by Companies
  • Go-to-market sales strategy
  • Financial performances subject to listed companies
  • Market Share Analysis
  • Analyst Recommendation

 

Regional Market Analysis

Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Drilling Fluids and Chemicals market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.

This section include:

  • Market Size by Country and Region
  • Market Opportunity, By Country and Region
  • Regional Trends
  • Growth Analysis and Forecast

Country Profiles

Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any

North America Drilling Fluids and Chemicals Market Size

  • S.
  • Canada

Latin America Drilling Fluids and Chemicals Market Size

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

(*Drilling Fluids and Chemicals Market value analyzed across each Latin America country)

Western Europe Drilling Fluids and Chemicals Market Size

  • Germany
  • UK
  • France
  • Switzerland
  • Spain
  • Italy
  • NORDIC
  • Rest of Western Europe

(*Drilling Fluids and Chemicals Market value analyzed across each Western Europe country)

Central and Eastern Europe Drilling Fluids and Chemicals Industry Analysis

  • Russia
  • Poland Meat
  • Ukraine Meat
  • Rest of Eastern Europe

(*Drilling Fluids and Chemicals Market value analyzed across each Central and Eastern Europe country)

Asia Pacific Drilling Fluids and Chemicals Industry Size

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN Meat
  • Rest of Asia Pacific

(*Drilling Fluids and Chemicals Market value analyzed across each Asia Pacific country)

Middle East Drilling Fluids and Chemicals Industry Size

  • GCC
  • Israel
  • Rest of Middle East

(*Drilling Fluids and Chemicals Market value analyzed across each Middle East country)

Africa Drilling Fluids and Chemicals Industry Size

  • South Africa
  • Algeria
  • Nigeria
  • Rest of Africa

Drilling Fluids and Chemicals Market Research Methodology

Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.

Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.

Drilling Fluids and Chemicals Market Growth Forecasting Methodology

In order to prepare historical data and analyze Drilling Fluids and Chemicals market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Drilling Fluids and Chemicals market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.

  • Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
  • The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.

With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Drilling Fluids and Chemicals industry revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.

The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries.  Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Drilling Fluids and Chemicals industry growth is nearly 3.5X to 5.5X higher than the relative GDP.

Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.

  • Base Factors Growth Analysis
  • Price Variation Analysis
  • Supply Chain Analysis
  • Potential Consumer Mapping

 

Drilling Fluids and Chemicals Industry Players: Competition Landscape Methodology

Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.

 

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