Allied Market Research
Loading...
0
Upcoming Allied Market Research
2021
Offshore Drilling Fluid Market

Offshore Drilling Fluid Market by Type (Oil-Based Fluids, Water-Based Fluids, Synthetic-Based Fluids, and Others), Application (Maintain Wellbore Stability, Oil & Gas Extraction, Mineral Extraction, and Others), and End-user Industry (Automotive, Energy Industry, Oil & Gas, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

A13812
Pages: NA
Dec 2021 | 61 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Offshore Drilling Fluid Market

Request Now !

Drilling fluids, commonly known as drilling mud, play a crucial role in oil & gas extraction, mineral extraction, and bore well drilling. These drilling fluids are used to remove cuttings, lubricate and cool drilling tools, maintain well consistency, and regulate configuration pressure. Offshore oil rigs have grown in size and complexity in recent years, becoming massive constructions that can accommodate hundreds of employees at a time. Drilling for oil and natural gas beneath the water is far more difficult than drilling on land. Offshore drilling is more challenging than regular wells in terms of extraction, transportation, and environmental protection. Petroleum firms have constructed offshore oil platforms to help in the extraction process in an attempt to make it easier. Offshore drilling has grown in popularity because of the huge amount of oil and other petroleum products utilized every day across the world.

Market Scope and Structure Analysis

Report Metric

Details

  Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD) and Volume (Kilo Tons)

  Segments Covered

  Type, Application, End user industry, and Region

  Regions Covered

  North America, Europe, Asia-Pacific, LAMEA

  Companies Covered

Schlumberger Limited, Halliburton, Baker Hughes Company, National Oilwell Varco, Newpark Resources Inc., TETRA Technologies, Inc., Weatherford, Scomi Group Bhd, GENERAL ELECTRIC, Gumpro Drilling Fluids Pvt. Ltd., Akzo Nobel N.V., National Energy Services Reunited Corp., Shell, TRANSOCEAN LTD., Valaris plc, SECURE ENERGY, CES, Yara, China Oilfield Services Limited and ASAP Fluids Pvt. Ltd.

 

COVID-19 Impact analysis

  • The current coronavirus outbreak has had a significant impact on several economies throughout the world, including the offshore drilling fluid market. Due to the epidemic, several countries were forced to go into lockdown, resulting in the closure of manufacturing facilities in nearly every industry throughout the world for an extended period of time.
  • During the COVID-19 epidemic, there was a severe shortage of resources, workforces, and raw supplies due to tactics such as social distance and lockdowns. This has had an impact on the global market for offshore drilling fluid.

Top Impacting Factors


The rise in desire to increase production rates, efficiency, and reduce gas-related capital expenditures has had a significant impact on the expansion of the offshore drilling fluid industry. As a result, increase in demand for crude oil and natural gas in energy-intensive industries like manufacturing, power generation, and transportation has prompted exploration and production companies to increase their investments in offshore drilling activities, which is also a key determinant favoring the growth of the offshore drilling fluid market. The fast expansion of the oil & gas sectors in emerging nations is also helping to propel the offshore drilling fluid market forward. The increase in government investment for the upgrading of the oil and gas sector is a key driver in the market's growth. In addition, the increased effort required to meet growing energy demand is fueling the growth of the offshore drilling fluid market. However, the high cost of drilling and rise in worries about the environmental effect of waste drilling fluid disposal serves as a major restriction for the market growth.

Market Trends

  • At the 2017 Offshore Technology Conference, Schlumberger unveiled its new SpectraSphere* fluid mapping-while-drilling service. The SpectraSphere service enables real-time fluid mapping while drilling by giving important fluid characteristics such as fluid composition, fluid type, fluid fractions, and gas/oil ratio. Estimating reserves, planning completions, building surface facilities, and reaching production targets all need accurate evaluation of these characteristics.
  • Baker Hughes has introduced the NSURE oil-based drilling fluid, which can be utilized in high-risk locations including Norway, the UK, the Gulf of Mexico, and West Africa.

Key Segments Covered

Segment

Sub-segment

  Type

  • Oil-Based Fluids
  • Water-Based Fluids
  • Synthetic-Based Fluids
  • Others

  Applications

  • Maintain Wellbore Stability
  • Oil And Gas Extraction
  • Mineral Extraction
  • Others

  End user industry

  • Automotive
  • Energy Industry
  • Oil & Gas
  • Others

  Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

 

Key Benefits of the Report

  • This study presents the analytical depiction of the offshore drilling fluid industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Offshore drilling fluid market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the offshore drilling fluid market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
     

 

 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Offshore Drilling Fluid Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995  $8,996
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers