Drilling fluids are primarily composed of bentonite that is mixed in a certain concentration with water or oil, mainly serves the purpose of lubrication and cooling of the drill bit and drill string and transporting the drill cuttings to the surface.
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The Drilling and Completion Fluids Market is predicted to grow at a CAGR of 6.58% during the period 2017-2021.
Completion fluids are used during well completions in activities such as hydraulic fracturing and well stimulation.
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This report covers the present scenario and the growth prospects of the global drilling and completion fluids market for 2017-2021. To calculate the market size, the report considers the new sales value of drilling and completion fluids used in an oil well and exclude aftermarket and retrofit markets.
Drilling and Completion Fluids Market is divided into the following segments based on geography: Americas, APAC and EMEA.
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Drilling and Completion Fluids Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
Drilling and Completion Fluids Market report also includes a discussion of the key vendors operating in this market.
Key vendors are General Electric,Halliburton,Schlumberger,TETRA Technologies and Weatherford.
Other prominent vendors are AES Drilling Fluids,Akzo Nobel,Anchor Drilling Fluids,BASF,Calumet Specialty Products, CES Energy Solutions, ChemSol and more.
Market driver are Rise in unconventional oil and gas resources.
Market challenge are Decline in investments in upstream sector.
Market trend are Supercritical carbon dioxide in shale gas fracking.
List of Drilling and Completion Fluids Market Exhibits are:
Exhibit 01: Major segments of the oil and gas industry
Exhibit 02: Different drilling fluid types and their impact on different parameters
Exhibit 03: Segmentation of the global drilling and completion fluids market
Exhibit 04: Global drilling and completion fluids market 2016-2021 ($ billions)
Exhibit 05: Global liquid fuel consumption 2007-2018 (mbpd)
Exhibit 06: Five forces analysis
Exhibit 07: Global drilling and completion fluids market by application 2016 and 2021 (%)
Exhibit 08: Global drilling and completion fluids market by application 2016-2021 ($ billions)
Exhibit 09: Global onshore drilling and completion fluids market 2016-2021 ($ billions)
Exhibit 10: Global offshore drilling and completion fluids market 2016-2021 ($ billions) Continued…
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