Drilling Fluids Market Global Market Share, Industry Trends, Market Size, Strategies and Forecast 2018| Credence Research

The Drilling Fluids market report provides separate complete analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2018 through 2023.Market data and analytics are derived from primary and secondary research.
Market Insights
Drilling Fluids refers to the liquid and gaseous fluid or mixtures of fluids and solids used in drilling operations. They are widely used to provide lubrication, cooling to the drill bit, remove cuttings from the well, control formation pressure, seal permeable formations, and maintain wellbore stability in drilling operation for extraction of hydrocarbons from the earth surface. Drilling fluids are also known as drilling mud.
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Drilling fluids are generally classified as water based, oil based and synthetic fluids.

Drilling fluids market for oil & gas industry is expected to gain significant growth with increasing drilling activities for the production of hydrocarbons.
Growing energy demand from various industries such as power, manufacturing and transportation is projected to augment the growth of drilling fluids during the forecast period. Moreover, growing drilling activities on offshore reserve along with growing exploration of non-conventional shale gas reserves is expected to fuel the demand for drilling fluids over the forecast period (2016-2023). 
However, slowdown oil and gas industry, increasing use of alternative energy sources such as solar, wind along with environmental concerns over usage and disposal of drilling fluids is anticipated to restrain the growth of drilling fluids market during the forecast period (2016-2023).
Leading Players:
Competitive Dashboard
Key Players
Anchor Drilling Fluids Inc
Business Description
Financial Information
Product Positions/Portfolio
Key Developments
AkzoNobel N.V
BP PLC
Baker Hughes Incorporated
Canadian Energy Services
Halliburton
Schlumberger
Royal Dutch Shell Inc.
TETRA Technologies
Weatherford
Other Notable Players
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology including extensive secondary research, accurate primary interviews with industry stakeholders and validation and triangulation with Research’s internal database and statistical tools. More than 2,000 authenticated secondary sources, such as company’s annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. More than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts have been executed to obtain both the qualitative and quantitative insights. 
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Research Coverage:
The report defines, describes, and forecasts the global Drilling Fluids market by type, application, gas, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also includes various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market surveys in terms of value, and future trends in the Drilling Fluids market.
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Report Features:
This report presents market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
•    Drilling Fluids Market structure: Overview, industry life cycle analysis, supply chain analysis
•    Drilling Fluids Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
•    Drilling Fluids Market trend and forecast analysis
•    Drilling Fluids Market segment trend and forecast
•    Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
•    Drilling Fluids market segments and associated growth opportunities
•    Emerging trends
•    Strategic growth opportunities for the existing and new players
•    Key success factors
Why buy this report?
1. The report identifies and addresses key markets for Drilling Fluids, which would help manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provide insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.
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