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Synopsis
Drilling fluid is any fluid that circulated in the borehole to help in carrying out a cost-effective and efficient drilling operation resulting in stable and gauged borehole to targeted depth with minimum possible damage to prospective formations.
Drilling fluid, also called drilling mud is used to aid the drilling of boreholes into the earth. Often used while drilling oil and natural gas wells and on exploration drilling rigs, drilling fluids are also used for much simpler boreholes, such as water wells. One of the functions of drilling mud is to carry cuttings out of the hole.
The main functions of drilling fluids include providing hydrostatic pressure to prevent formation fluids from entering into the well bore, keeping the drill bit cool and clean during drilling, carrying out drill cuttings, and suspending the drill cuttings while drilling is paused and when the drilling assembly is brought in and out of the hole. The drilling fluid used for a particular job is selected to avoid formation damage and to limit corrosion.
The global Drilling Fluids market was valued at US$ 9711 million in 2023 and is anticipated to reach US$ 11970 million by 2030, witnessing a CAGR of 2.5% during the forecast period 2024-2030.
Global key players of drilling fluids include Schlumberger, Halliburton, Baker Hughes, etc. America is the largest producer of semiconductor sealing products, holds a share over 50%, followed by Asia-Pacific, and Europe. In terms of product, water based fluids (WBF) is the largest segment, with a share about 50%. And in terms of application, the largest segment is onshore drilling, with a share about 75%.
This report aims to provide a comprehensive presentation of the global market for Drilling Fluids, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drilling Fluids.
Report Scope
The Drilling Fluids market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Drilling Fluids market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Drilling Fluids manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Segment by Type
Segment by Application
Production by Region
Consumption by Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Drilling Fluids manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Drilling Fluids by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Drilling Fluids in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Drilling Fluids Market Overview
1.1 Product Definition
1.2 Drilling Fluids Segment by Type
1.2.1 Global Drilling Fluids Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Oil-Based Fluids (OBF)
1.2.3 Water Based Fluids (WBF)
1.2.4 Others
1.3 Drilling Fluids Segment by Application
1.3.1 Global Drilling Fluids Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Onshore Drilling
1.3.3 Offshore Drilling
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Drilling Fluids Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Drilling Fluids Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Drilling Fluids Production Estimates and Forecasts (2019-2030)
1.4.4 Global Drilling Fluids Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Drilling Fluids Production Market Share by Manufacturers (2019-2024)
2.2 Global Drilling Fluids Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Drilling Fluids, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Drilling Fluids Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Drilling Fluids Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Drilling Fluids, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Drilling Fluids, Product Offered and Application
2.8 Global Key Manufacturers of Drilling Fluids, Date of Enter into This Industry
2.9 Drilling Fluids Market Competitive Situation and Trends
2.9.1 Drilling Fluids Market Concentration Rate
2.9.2 Global 5 and 10 Largest Drilling Fluids Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Drilling Fluids Production by Region
3.1 Global Drilling Fluids Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Drilling Fluids Production Value by Region (2019-2030)
3.2.1 Global Drilling Fluids Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Drilling Fluids by Region (2025-2030)
3.3 Global Drilling Fluids Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Drilling Fluids Production by Region (2019-2030)
3.4.1 Global Drilling Fluids Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Drilling Fluids by Region (2025-2030)
3.5 Global Drilling Fluids Market Price Analysis by Region (2019-2024)
3.6 Global Drilling Fluids Production and Value, Year-over-Year Growth
3.6.1 North America Drilling Fluids Production Value Estimates and Forecasts (2019-2030)
3.6.2 Southeast Asia Drilling Fluids Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Drilling Fluids Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Drilling Fluids Production Value Estimates and Forecasts (2019-2030)
4 Drilling Fluids Consumption by Region
4.1 Global Drilling Fluids Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Drilling Fluids Consumption by Region (2019-2030)
4.2.1 Global Drilling Fluids Consumption by Region (2019-2024)
4.2.2 Global Drilling Fluids Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Drilling Fluids Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Drilling Fluids Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Drilling Fluids Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Drilling Fluids Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Drilling Fluids Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Drilling Fluids Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Drilling Fluids Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Drilling Fluids Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Drilling Fluids Production by Type (2019-2030)
5.1.1 Global Drilling Fluids Production by Type (2019-2024)
5.1.2 Global Drilling Fluids Production by Type (2025-2030)
5.1.3 Global Drilling Fluids Production Market Share by Type (2019-2030)
5.2 Global Drilling Fluids Production Value by Type (2019-2030)
5.2.1 Global Drilling Fluids Production Value by Type (2019-2024)
5.2.2 Global Drilling Fluids Production Value by Type (2025-2030)
5.2.3 Global Drilling Fluids Production Value Market Share by Type (2019-2030)
5.3 Global Drilling Fluids Price by Type (2019-2030)
6 Segment by Application
6.1 Global Drilling Fluids Production by Application (2019-2030)
6.1.1 Global Drilling Fluids Production by Application (2019-2024)
6.1.2 Global Drilling Fluids Production by Application (2025-2030)
6.1.3 Global Drilling Fluids Production Market Share by Application (2019-2030)
6.2 Global Drilling Fluids Production Value by Application (2019-2030)
6.2.1 Global Drilling Fluids Production Value by Application (2019-2024)
6.2.2 Global Drilling Fluids Production Value by Application (2025-2030)
6.2.3 Global Drilling Fluids Production Value Market Share by Application (2019-2030)
6.3 Global Drilling Fluids Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Schlumberger
7.1.1 Schlumberger Drilling Fluids Corporation Information
7.1.2 Schlumberger Drilling Fluids Product Portfolio
7.1.3 Schlumberger Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Schlumberger Main Business and Markets Served
7.1.5 Schlumberger Recent Developments/Updates
7.2 Halliburton
7.2.1 Halliburton Drilling Fluids Corporation Information
7.2.2 Halliburton Drilling Fluids Product Portfolio
7.2.3 Halliburton Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Halliburton Main Business and Markets Served
7.2.5 Halliburton Recent Developments/Updates
7.3 Baker Hughes
7.3.1 Baker Hughes Drilling Fluids Corporation Information
7.3.2 Baker Hughes Drilling Fluids Product Portfolio
7.3.3 Baker Hughes Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Baker Hughes Main Business and Markets Served
7.3.5 Baker Hughes Recent Developments/Updates
7.4 Newpark Resources
7.4.1 Newpark Resources Drilling Fluids Corporation Information
7.4.2 Newpark Resources Drilling Fluids Product Portfolio
7.4.3 Newpark Resources Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Newpark Resources Main Business and Markets Served
7.4.5 Newpark Resources Recent Developments/Updates
7.5 Tetra Technologies
7.5.1 Tetra Technologies Drilling Fluids Corporation Information
7.5.2 Tetra Technologies Drilling Fluids Product Portfolio
7.5.3 Tetra Technologies Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Tetra Technologies Main Business and Markets Served
7.5.5 Tetra Technologies Recent Developments/Updates
7.6 CES Energy Solutions
7.6.1 CES Energy Solutions Drilling Fluids Corporation Information
7.6.2 CES Energy Solutions Drilling Fluids Product Portfolio
7.6.3 CES Energy Solutions Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.6.4 CES Energy Solutions Main Business and Markets Served
7.6.5 CES Energy Solutions Recent Developments/Updates
7.7 NOV Inc.
7.7.1 NOV Inc. Drilling Fluids Corporation Information
7.7.2 NOV Inc. Drilling Fluids Product Portfolio
7.7.3 NOV Inc. Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.7.4 NOV Inc. Main Business and Markets Served
7.7.5 NOV Inc. Recent Developments/Updates
7.8 Scomi Group Bhd
7.8.1 Scomi Group Bhd Drilling Fluids Corporation Information
7.8.2 Scomi Group Bhd Drilling Fluids Product Portfolio
7.8.3 Scomi Group Bhd Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Scomi Group Bhd Main Business and Markets Served
7.7.5 Scomi Group Bhd Recent Developments/Updates
7.9 Secure Energy Services
7.9.1 Secure Energy Services Drilling Fluids Corporation Information
7.9.2 Secure Energy Services Drilling Fluids Product Portfolio
7.9.3 Secure Energy Services Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Secure Energy Services Main Business and Markets Served
7.9.5 Secure Energy Services Recent Developments/Updates
7.10 Weatherford International
7.10.1 Weatherford International Drilling Fluids Corporation Information
7.10.2 Weatherford International Drilling Fluids Product Portfolio
7.10.3 Weatherford International Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Weatherford International Main Business and Markets Served
7.10.5 Weatherford International Recent Developments/Updates
7.11 Q’Max Solutions
7.11.1 Q’Max Solutions Drilling Fluids Corporation Information
7.11.2 Q’Max Solutions Drilling Fluids Product Portfolio
7.11.3 Q’Max Solutions Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Q’Max Solutions Main Business and Markets Served
7.11.5 Q’Max Solutions Recent Developments/Updates
7.12 CNPC
7.12.1 CNPC Drilling Fluids Corporation Information
7.12.2 CNPC Drilling Fluids Product Portfolio
7.12.3 CNPC Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.12.4 CNPC Main Business and Markets Served
7.12.5 CNPC Recent Developments/Updates
7.13 Sinopec
7.13.1 Sinopec Drilling Fluids Corporation Information
7.13.2 Sinopec Drilling Fluids Product Portfolio
7.13.3 Sinopec Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Sinopec Main Business and Markets Served
7.13.5 Sinopec Recent Developments/Updates
7.14 CNOOC
7.14.1 CNOOC Drilling Fluids Corporation Information
7.14.2 CNOOC Drilling Fluids Product Portfolio
7.14.3 CNOOC Drilling Fluids Production, Value, Price and Gross Margin (2019-2024)
7.14.4 CNOOC Main Business and Markets Served
7.14.5 CNOOC Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Drilling Fluids Industry Chain Analysis
8.2 Drilling Fluids Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Drilling Fluids Production Mode & Process
8.4 Drilling Fluids Sales and Marketing
8.4.1 Drilling Fluids Sales Channels
8.4.2 Drilling Fluids Distributors
8.5 Drilling Fluids Customers
9 Drilling Fluids Market Dynamics
9.1 Drilling Fluids Industry Trends
9.2 Drilling Fluids Market Drivers
9.3 Drilling Fluids Market Challenges
9.4 Drilling Fluids Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research