Recovery in oil & gas prices, and increased capital expenditure by major oil & gas companies is projected to increase rig count and drilling activities across the globe. This is anticipated to fuel demand for drilling fluids during the forecast period. Increasing drilling activities in offshore and onshore fields is anticipated to drive demand for drilling fluids across the globe in the coming years. Increasing onshore activities can be attributed to rise in deep sea drilling, due to growing global oil demand. Growth in offshore drilling such as deep water and ultra-deep water drilling activities is also anticipated to contribute to the rising demand for drilling fluids across the globe during 2016-2021. Moreover, technological advancements and exploration activities pertaining to shale gas and coalbed methane (CBM) are also boosting global drilling fluids market. Furthermore, in line with regulations and increasing environmental concerns, drilling fluid manufacturers across the globe are focusing on production of environment friendly products.

According to Global Drilling Fluids Market By Type, By Application, By Region, Competition Forecast & Opportunities, 2011 - 2021, the global market for drilling fluids is forecast to grow at a CAGR of over 8% during 2016-2021, on account of anticipated increase in oil & gas drilling activities. In 2015, North America dominated demand for drilling fluids across the globe, followed by Asia-Pacific. Moreover, water based drilling fluids dominated global drilling fluids market, due to their environment friendly properties and cost effectiveness. High costs and environment concerns are projected to reduce demand for oil based drilling fluids and in turn boost sales of high performance aqueous drilling fluids and synthetic drilling fluids. Global Drilling Fluids Market By Type, By Application, By Region, Competition Forecast & Opportunities, 2011 - 2021 discusses the following aspects of global drilling fluids market:

  • Global Drilling Fluids Market Size, Share & Forecast
  • Segmental Analysis - By Type (Water Based Fluids, Oil Based Fluids, Synthetic Fluids and Pneumatic Fluids), By Application (Onshore & Offshore), By Region (Asia-Pacific, North America, Europe, Middle East & Africa, & South America)
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

  • To gain an in-depth understanding of global drilling fluids market.
  • To identify the on-going trends and anticipated growth in the next five years.
  • To help industry consultants and drilling fluid suppliers align their market-centric strategies
  • To obtain research based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included surveys with drilling fluid suppliers, channel partners & industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Global Drilling Fluids Market Outlook

4.1.    Global Drilling Fluids Market Overview

4.2.    Industry Structure & Stakeholders

4.3.    Global Drilling Fluids Market Size & Forecast

4.3.1.By Value

4.4.    Global Drilling Fluid Market Share & Forecast

4.4.1.By Type (Water-Based, Oil-Based, Synthetic & Pneumatic Fluids)

4.4.2.By Application (Onshore & Offshore)

4.4.3.By Region (Asia-Pacific, North America, Europe, South America & Middle East & Africa)

4.4.4.By Company

4.5.    Global Drilling Fluids Market Attractiveness Index

4.5.1.By Type (Water-Based, Oil-Based, Synthetic & Pneumatic Fluids)

4.5.2.By Application (Onshore & Offshore)

4.5.3.By Region (Asia-Pacific, North America, Europe, South America & Middle East & Africa)

5.       North America Drilling Fluids Market Outlook

5.1.    Market Size & Forecast

5.1.1.By Value

5.2.    Market Share & Forecast

5.2.1.By Type (Water-Based, Oil-Based, Synthetic & Pneumatic Fluids)

5.2.2.By Application (Onshore & Offshore)

5.2.3.By Country

5.2.3.1.   United States Drilling Fluids Market Outlook

5.2.3.2.   Canada Drilling Fluids Market Outlook

5.2.3.3.   Mexico Drilling Fluids Market Outlook

5.2.3.4.   Rest of North America Drilling Fluids Market Outlook

6.       Asia-Pacific Drilling Fluids Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value

6.2.    Market Share & Forecast

6.2.1.By Type (Water-Based, Oil-Based, Synthetic & Pneumatic Fluids)

6.2.2.By Application (Onshore & Offshore)

6.2.3.By Country

6.2.3.1.   China Drilling Fluids Market Outlook

6.2.3.2.   India Drilling Fluids Market Outlook

6.2.3.3.   Indonesia Drilling Fluids Market Outlook

6.2.3.4.   Thailand Drilling Fluids Market Outlook

6.2.3.5.   Australia Drilling Fluids Market Outlook

6.2.3.6.   Rest of Asia-Pacific Drilling Fluids Market Outlook

7.       Middle East & Africa Drilling Fluids Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value

7.2.    Market Share & Forecast

7.2.1.By Type (Water-Based, Oil-Based, Synthetic & Pneumatic Fluids)

7.2.2.By Application (Onshore & Offshore)

7.2.3.By Country

7.2.3.1.   Saudi Arabia Drilling Fluids Market Outlook

7.2.3.2.   Iran Drilling Fluids Market Outlook

7.2.3.3.   Egypt Drilling Fluids Market Outlook

7.2.3.4.   Iraq Drilling Fluids Market Outlook

7.2.3.5.   Oman Drilling Fluids Market Outlook

7.2.3.6.   Algeria Drilling Fluids Market Outlook

7.2.3.7.   Nigeria Drilling Fluids Market Outlook

7.2.3.8.   Rest of Middle East & Africa Drilling Fluids Market Outlook

8.       Europe Drilling Fluids Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value

8.2.    Market Share & Forecast

8.2.1.By Type (Water-Based, Oil-Based, Synthetic & Pneumatic Fluids)

8.2.2.By Application (Onshore & Offshore)

8.2.3.By Country

8.2.3.1.   Russia Drilling Fluids Market Outlook

8.2.3.2.   Kazakhstan Drilling Fluids Market Outlook

8.2.3.3.   Norway Drilling Fluids Market Outlook

8.2.3.4.   United Kingdom Drilling Fluids Market Outlook

8.2.3.5.   Turkey Drilling Fluids Market Outlook

8.2.3.6.   Rest of Europe Drilling Fluids Market Outlook

9.       South America Drilling Fluids Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value

9.2.    Market Share & Forecast           

9.2.1.By Type (Water-Based, Oil-Based, Synthetic & Pneumatic Fluids)

9.2.2.By Application (Onshore & Offshore)

9.2.3.By Country

9.2.3.1.   Brazil Drilling Fluids Market Outlook

9.2.3.2.   Venezuela Drilling Fluids Market Outlook

9.2.3.3.   Argentina Drilling Fluids Market Outlook

9.2.3.4.   Colombia Drilling Fluids Market Outlook

9.2.3.5.   Rest of South America Drilling Fluids Market Outlook

10.   Market Dynamics

10.1.  Drivers

10.2.  Challenges

11.   Market Trends & Developments

11.1.  Increasing Merger & Acquisition Activities

11.2.  Reusing Water based Drilling Fluids

11.3.  Increasing Research & Development Initiatives

11.4.  Growing Demand for Nanomaterials based Drilling Fluids

11.5.  Shift to Deep Water Drilling

11.6.  Contract Based Demand for Drilling Fluids

11.7.  Increasing Trend of Horizontal Drilling

11.8.  Increasing Demand for Drilling Fluids with Lower Environmental Impacts

12.   Competitive Landscape

12.1.  Competition Matrix

12.2.  Company Profiles

12.2.1.    Schlumberger (M-I Swaco)

12.2.2.    Halliburton (Baroid)

12.2.3.    Baker Hughes

12.2.4.    Newpark Resources, Inc.

12.2.5.    Canadian Energy Services (CES)

12.2.6.    National Oil Varco

12.2.7.    Scomi Oil Tools

12.2.8.    Anchor Drilling Fluids USA LLC

12.2.9.    Secure Energy Services

12.2.10.    Imdex Limited

12.2.11.    Geo Drilling Fluids

12.2.12.    Lubrizol

12.2.13.    Oil Recovery Services (ORS)

12.2.14.    Q Max Solutions Inc.

12.2.15.    Egyptian Mud Engineering & Chemicals Company

12.2.16.    Asia Pacific Drilling Fluid Co. Ltd

12.2.17.    Conquest Drilling Fluids

12.2.18.    Hitech Drilling Fluids

12.2.19.    AES Drilling Fluids

12.2.20.    MB Petroleum Services LLC (MBPS)

12.2.21.    Global Drilling Fluids & Chemicals Limited

13.   Strategic Recommendations

  • List of Figures

    Figure 1: Global Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 2: Global Upstream Capex Spending (by Public Companies), 2010-2016E (USD Billion)

    Figure 3: Global Drilling Fluids Market Share, By Type, By Value, 2015 & 2021F

    Figure 4: Global Drilling Fluids Market Share, By Application, By Value, 2015 & 2021F

    Figure 5: Global Number of Offshore Drilling Rigs – Marketed & Contract, 2015

    Figure 6: Global Drilling Fluids Market Share, By Region, By Value, 2015 & 2021F

    Figure 7: Global Drilling Fluids Market Share, By Company, By Value, 2015 & 2021F

    Figure 8: Global Drilling Fluids Market Attractive Index, By Type, By Value, 2015-2021F

    Figure 9: Global Drilling Fluids Market Attractive Index, By Application, By Value, 2015-2021F

    Figure 10: Global Drilling Fluids Market Attractive Index, By Region, By Value, 2015-2021F

    Figure 11: North America Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 12: North America Active Onshore & Offshore Rig Count, 2011-2015

    Figure 13: North America Drilling Fluids Market Share, By Type, By Value, 2015 & 2021F

    Figure 14: North America Drilling Fluids Market Share, By Application, By Value, 2015 & 2021F

    Figure 15: North America Drilling Fluids Market Share, By Country, By Value, 2015 & 2021F

    Figure 16: United States Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 17: United States Average WTI Oil Price per Shale Play (USD/BBL)

    Figure 18: United States Active Onshore & Offshore Rig Count, 2011-2015

    Figure 19: Canada Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 20: Canada Active Onshore & Offshore Rig Count, 2011-2015

    Figure 21: Mexico Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 22: Mexico Active Onshore & Offshore Rig Count, 2011-2015

    Figure 23: Rest of North America Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 24: Asia-Pacific Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 25: Asia-Pacific Drilling Rig Count, 2011-2015

    Figure 26: Asia-Pacific Drilling Fluids Market Share, By Type, By Value, 2015 & 2021F

    Figure 27: Asia-Pacific Fluids Market Share, By Application, By Value, 2015 & 2021F

    Figure 28: Asia-Pacific Offshore Prospects

    Figure 29: Asia-Pacific Drilling Fluids Market Share, By Country, By Value, 2015 & 2021F

    Figure 30: China Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 31: China Active Drilling Rig Count, 2011-2015

    Figure 32: India Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 33: India Active Onshore & Offshore Drilling Rig Count, 2011-2015

    Figure 34: Indonesia Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 35: Indonesia Active Drilling Rig Count, 2011-2015

    Figure 36: Thailand Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 37: Thailand Active Onshore & Offshore Drilling Rig Count, 2011-2015

    Figure 38: Australia Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 39: Australia Active Onshore & Offshore Drilling Rig Count, 2011-2015

    Figure 40: Rest of Asia-Pacific Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 41: Pakistan Active Drilling Rig Count, 2011-2015

    Figure 42: Middle East & Africa Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 43: Middle East & Africa Active Drilling Rig Count, 2011-2015

    Figure 44: Middle East & Africa Drilling Fluids Market Share, By Type, By Value, 2015 & 2021F

    Figure 45: Middle East & Africa Drilling Fluids Market Share, By Application, By Value, 2015 & 2021F

    Figure 46: Middle East & Africa Drilling Fluids Market Share, By Country, By Value, 2015 & 2021F

    Figure 47: Saudi Arabia Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 48: Saudi Arabia Active Drilling Rig Count, 2011-2015

    Figure 49: Iran Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 50: Middle East & Africa Crude Oil Production Cost, By Major Country (USD per Barrel)

    Figure 51: Iran Active Rig Count, 2011-2021F

    Figure 52: Iran Drilling Fluids Market Share, By Application, By Value, 2015

    Figure 53: Global Natural Gas Proved Reserves, By Select Country, 2015 (Trillion Cubic Meters)

    Figure 54: Egypt Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 55: Egypt Active Onshore & Offshore Drilling Rig Count, 2011-2015

    Figure 56: Iraq Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 57: Iraq Active Drilling Rig Count, 2012-2015

    Figure 58: Oman Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 59: Oman Active Drilling Rig Count, 2011-2015

    Figure 50: Algeria Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 61: Algeria Active Drilling Rig Count, 2011-2015

    Figure 62: Nigeria Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 63: Nigeria Active Drilling Rig Count, 2011-2015

    Figure 64: Rest of Middle East & Africa Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 65: Europe Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 66: Europe Drilling Fluids Market Share, By Type, By Value, 2015 & 2021F

    Figure 67: Europe Drilling Fluids Market Share, By Application, By Value, 2015 & 2021F

    Figure 68: Europe Drilling Fluids Market Share, By Country, By Value, 2015 & 2021F

    Figure 69: Russia Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 70: Russia Active Drilling Rig Count, 2011- 2015

    Figure 71: Russia Average Annual Meterage Drilled, 2011- 2015 (Million Meter)

    Figure 72: Kazakhstan Drilling Fluids Market Size, By Value 2011-2021F (USD Billion)

    Figure 73: Kazakhstan Drilling Rig Count, 2011- 2015

    Figure 74: Norway Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 75: Norway Onshore & Offshore Drilling Rig Count, 2011-2015

    Figure 76: United Kingdom Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 77: United Kingdom Onshore & Offshore Drilling Rig Count, 2011-2015

    Figure 78: Turkey Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 79: Turkey Onshore & Offshore Drilling Rig Count, 2011- 2015

    Figure 80: Rest of Europe Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 81:  Rest of Europe Rig Count, By Country, 2011-2015

    Figure 82: South America Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 83: South America Drilling Fluids Market Share, By Type, By Value, 2015 & 2021F

    Figure 84: South America Drilling Fluids Market Share, By Application, By Value, 2015 & 2021F

    Figure 85: South America Drilling Fluids Market Share, By Country, By Value, 2015 & 2021F

    Figure 86: Brazil Drilling Fluids Market Size, By Value (USD Billion), 2011-2021F

    Figure 87: Brazil Onshore & Offshore Drilling Rig Count, 2011-2015

    Figure 88: Venezuela Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 89: Venezuela Onshore & Offshore Drilling Rig Count, 2011-2015

    Figure 90: Argentina Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 91: Argentina Drilling Rig Count, 2011- 2015

    Figure 92: Colombia Drilling Fluid Market Size, By Value, 2011-2021F (USD Billion)

    Figure 93: Colombia Drilling Rig Count, 2011-2015

    Figure 94: Rest of South America Drilling Fluids Market Size, By Value, 2011-2021F (USD Billion)

    Figure 95: Ecuador & Bolivia Drilling Rig Count, 2011-2015