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Spacer Fluid Market by Application (Onshore and Offshore) andType (Water-Based Drilling Fluid Environment and Oil-Based Drilling Fluid Environment): Global Opportunity Analysis and Industry Forecast, 2021–2030

A11858
Pages: 220
Jun 2021 | 286 Views
   
Author(s) : Snehal Mohite, Rutuja Danekar , Eswara Prasad
Tables: 147
Charts: 54
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Spacer Fluid Market Outlook-2030

The spacer fluid market size was valued at $197.1 million in 2020, and is projected to reach $323.1 million by 2030, at a CAGR of 5.1% from 2021 to 2030. Well drilling is a significant and inseparable part of spacer fluid market industry. During the drilling and completion of a well, spacers are extremely crucial. Spacers separate the drilling fluid and cement in the drilling devices. Owing to their chemical incompatibility, the possibilities of acute gelatin or flocculation are enhanced during this process. After the drilling fluid has been run down the drill string, spacer fluids are pumped down the drill string before the cement slurry is poured in.A spacer fluid is used in cementing operations to separate the cement from the drilling fluid. With the growth of the energy and natural resources industries, spacer fluid is expected to become more popular.

The worldwide lockdown has suspended the onshore and offshore drilling activities, which results in declining the demand for spacer fluid.

The increase in demand for energy has resulted in rise in exploration activities being carried out at both onshore and offshore locations in various regions of the world, which is the primary market driver for the worldwide spacer fluid market. Another reason fueling the growth of the worldwide market is the recovery of crude oil prices, which has increased upstream investment.The rising use of renewable energy sources is a major market limitation for the worldwide spacer fluid industry. The rising use of renewable energy sources lowers the need for conventional fuels, which may result in a reduction in exploration operations, thereby hampering the growth of the spacer fluid market opportunities.

Spacer-Fluid-Market

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The global spacer fluid market analysis has been done on the basis of type, application, and region. On the basis of application, the market is divided into onshore and offshore. Bytype, the market is bifurcated into water-based drilling fluid environment and oil-based drilling fluid environment. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. 

The manufacturers studied and profiled in the report include Aubin Group, Baker Hughes Incorporated, BASF SE, Chevron Phillips Chemical Company, Croda International PLC, Halliburton, Impact Fluid Solutions, M&D Industries of LA Inc., Schlumberger Limited., and Trican Well Service Ltd.

Spacer fluid market, by application

By application, the spacer fluid market share of onshore segment is expected to contribute 75.3%.Rise in oil and gas drilling activities is expected to increase the demand for oil well spacer fluids during the forecast period.

Spacer Fluid Market
By Application

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Onshore is projected as the most lucrative segment.

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Spacer fluid market, by type

By type, the oil-based drilling fluid environment is expected to contribute 71.2% share in the global market. Exploration and production of oil and gas is expanding at an exponential rate across the world. The oil and gas industry's major companies are actively spending on exploration and production projects to boost production from oil and gas reserves.These factors are expected to drive the demand for oil based spacer fluid market forecast.

Spacer Fluid Market
By Type

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Oil-Based Drilling Fluid Environment is projected as the most lucrative segment.

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Spacer fluid market, by region 

By region, North America is expected to contribute 34.8% share in the global market. The investment growth in North America is driven by shale oil exploitation, mainly in the Permian and other oil basins. 

Spacer Fluid Market
By Region

2030
North America 
Europe
Asia Pacific
Lamea

North America holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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Key benefits for stakeholders

  •  Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  •  It outlines the current spacer fluid market trends and future estimations from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
  •  The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  •  The key drivers, restraints, & opportunities and their detailed impact analysis are explained in the study.
  •  The profiles of key players and their key strategic developments are enlisted in the report.

Impact of COVID-19 on the global spacer fluid market

  • Some of the major economies suffering from the COVID-19 crisis include Germany, France, Italy, Spain, the UK, Norway, and others. Many industries have been shut down due to lack of raw material availability and disruptions in the supply chain, owing to the virus outbreak. The worldwide lockdown has suspended the onshore and offshore drilling activities, which results in declining demand for spacer fluid.
  • Manufacture of oil and gas and other products across the globe came to a halt due to unavailability of raw materials, shortage of labor, and others. This is expected to hamper the spacer fluid market growth.
  • Gaps in demand-supply, price volatility, and change in government policy are expected to affect the growth of various end-use industries. In terms of its immediate and long-term effect on industry and consumers, the COVID-19 pandemic has outpaced any headwind ever encountered. The world economy of spacer fluid industries has been experiencing a rapid slowdown due to constraints of the COVID-19 pandemic on economic activity. 
  • Owing to COVID-19, the market witnessed significant dip due to closure of several rigs, however, the market is projected to witness strong growth in the next couple of years as situation continues to ease down in the North America and Asia-Pacific regions.

Key Market Segments

By Application

  •  Onshore 
  •  Offshore  

By Type 

  •  Water-Based Drilling Fluid Environment
  •  Oil-Based Drilling Fluid Environment

By Region

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

Key players in the global Spacer fluidmarket are:

  • Aubin Group
  • Baker Hughes Incorporated
  • BASF SE
  • Chevron Phillips Chemical Company
  • Croda International PLC
  • Halliburton
  • Impact Fluid Solutions
  • M&D Industries of LA Inc.
  • Schlumberger Limited.
  • Trican Well Service Ltd.
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.5. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the study
2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets

3.3. Porter’s five forces analysis
3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Technological advances in cementing

3.4.2. Restraint

3.4.2.1. Volatility in prices of crude oil affect the drilling fluids consumption

3.4.3. Opportunity

3.4.3.1. India to witness increased demand

3.5. Patent analysis, 2015–2020

3.5.1. Patent analysis, by country

3.6. Impact of government rules and regulations
3.7. Impact of Corona (COVID-19) outbreak on the spacer fluid market
3.8. Pricing analysis

CHAPTER 4: SPACER FLUID MARKET, BY APPLICATION

4.1. Overview

4.1.1. Market size and forecast

4.2. Onshore

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis, by country

4.3. Offshore

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis, by country

CHAPTER 5: SPACER FLUID MARKET, BY TYPE

5.1. Overview

5.1.1. Market size and forecast

5.2. Water-based drilling fluid environment

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis, by country

5.3. Oil-based drilling fluid environment

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis, by country

CHAPTER 6: SPACER FLUID MARKET, BY REGION

6.1. Overview
6.1.1. Market size and forecast, by region

6.2. North America

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by application
6.2.3. Market size and forecast, by type
6.2.4. Market size and forecast, by country

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast, by application
6.2.4.1.2. Market size and forecast, by type

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast, by application
6.2.4.2.2. Market size and forecast, by type

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast, by application
6.2.4.3.2. Market size and forecast, by type

6.3. Europe

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by application
6.3.3. Market size and forecast, by type
6.3.4. Market size and forecast, by country

6.3.4.1. Germany

6.3.4.1.1. Market size and forecast, by application
6.3.4.1.2. Market size and forecast, by type

6.3.4.2. UK

6.3.4.2.1. Market size and forecast, by application
6.3.4.2.2. Market size and forecast, by type

6.3.4.3. France

6.3.4.3.1. Market size and forecast, by application
6.3.4.3.2. Market size and forecast, by type

6.3.4.4. Spain

6.3.4.4.1. Market size and forecast, by application
6.3.4.4.2. Market size and forecast, by type

6.3.4.5. Rest of Europe

6.3.4.5.1. Market size and forecast, by application
6.3.4.5.2. Market size and forecast, by type

6.4. Asia-Pacific

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by application
6.4.3. Market size and forecast, by type
6.4.4. Market size and forecast, by country

6.4.4.1. China

6.4.4.1.1. Market size and forecast, by application
6.4.4.1.2. Market size and forecast, by type

6.4.4.2. Japan

6.4.4.2.1. Market size and forecast, by application
6.4.4.2.2. Market size and forecast, by type

6.4.4.3. India

6.4.4.3.1. Market size and forecast, by application
6.4.4.3.2. Market size and forecast, by type

6.4.4.4. South Korea

6.4.4.4.1. Market size and forecast, by application
6.4.4.4.2. Market size and forecast, by type

6.4.4.5. Rest of Asia-Pacific

6.4.4.5.1. Market size and forecast, by application
6.4.4.5.2. Market size and forecast, by type

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by application
6.5.3. Market size and forecast, by type
6.5.4. Market size and forecast, by country

6.5.4.1. Brazil

6.5.4.1.1. Market size and forecast, by application
6.5.4.1.2. Market size and forecast, by type

6.5.4.2. Saudi Arabia

6.5.4.2.1. Market size and forecast, by application
6.5.4.2.2. Market size and forecast, by type

6.5.4.3. South Africa

6.5.4.3.1. Market size and forecast, by application
6.5.4.3.2. Market size and forecast, by type

6.5.4.4. Rest of LAMEA

6.5.4.4.1. Market size and forecast, by application
6.5.4.4.2. Market size and forecast, by type

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. INTRODUCTION

7.1.1. MARKET PLAYER POSITIONING, 2020

7.2. TOP WINNING STRATEGIES

7.2.1. Top winning strategies, by year
7.2.2. Top winning strategies, by development
7.2.3. Top winning strategies, by company

7.3. PRODUCT MAPPING OF TOP 10 PLAYER
7.4. COMPETITIVE HEATMAP
7.5. KEY DEVELOPMENTS

7.5.1. New product launches
7.5.2. Expansions
7.5.3. Mergers and acquisition
7.5.4. Other developments

CHAPTER 8: COMPANY PROFILES:

8.1. AubinGroup

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Product portfolio

8.2. BAKER HUGHES COMPANY

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key strategic moves and developments

8.3. BASF SE

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Business performance

8.4. Chevron Phillips Chemical Company

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Product portfolio

8.5. Croda International Plc.

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance

8.6. HALLIBURTON COMPANY

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance

8.7. IMPACT FLUID SOLUTIONS

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Product portfolio

8.8. M&D Industries of LA, Inc.

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio

8.9. Schlumberger Limited.

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.9.6. Key strategic moves and developments

8.10. Trican Well Service Ltd.

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves and developments

LIST OF TABLES

TABLE 01. SPACER FLUID PRICING FORECAST, BY APPLICATION,2020-2030 ($/KILOTON)
TABLE 02. SPACER FLUID PRICING FORECAST, BY REGION,2020-2030 ($/KILOTON)
TABLE 03. SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 04. SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 05. SPACER FLUID MARKET FOR ONSHORE, BY REGION, 2020-2030(KILOTON)
TABLE 06. SPACER FLUID MARKET FOR ONSHORE, BY REGION, 2020-2030 ($MILLION)
TABLE 07. SPACER FLUID MARKET FOR OFFSHORE, BY REGION, 2020-2030(KILOTON)
TABLE 08. SPACER FLUID MARKET FOR OFFSHORE, BY REGION, 2020-2030 ($MILLION)
TABLE 09. SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 10. SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 11. SPACER FLUID MARKET FOR WATER-BASED DRILLING FLUID ENVIRONMENT, BY REGION, 2020-2030(KILOTON)
TABLE 12. SPACER FLUID MARKET FOR WATER-BASED DRILLING FLUID ENVIRONMENT, BY REGION, 2020-2030 ($MILLION)
TABLE 13. SPACER FLUID MARKET FOR OIL-BASED DRILLING FLUID ENVIRONMENT, BY REGION, 2020-2030(KILOTON)
TABLE 14. SPACER FLUID MARKET FOR OIL-BASED DRILLING FLUID ENVIRONMENT, BY REGION, 2020-2030 ($MILLION)
TABLE 15. SPACER FLUID MARKET, BY REGION 2020-2030(KILOTON)
TABLE 16. SPACER FLUID MARKET, BY REGION 2020-2030 ($MILLION)
TABLE 17. NORTH AMERICA SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 18. NORTH AMERICA SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 19. NORTH AMERICA SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 20. NORTH AMERICA SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 21. NORTH AMERICA SPACER FLUID MARKET, BY COUNTRY 2020-2030(KILOTON)
TABLE 22. NORTH AMERICA SPACER FLUID MARKET, BY COUNTRY 2020-2030 ($MILLION)
TABLE 23. U.S. SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 24. U.S. SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 25. U.S. SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 26. U.S. SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 27. CANADA SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 28. CANADA SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 29. CANADA SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 30. CANADA SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 31. MEXICO SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 32. MEXICO SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 33. MEXICO SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 34. MEXICO SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 35. EUROPE SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 36. EUROPE SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 37. EUROPE SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 38. EUROPE SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 39. EUROPE SPACER FLUID MARKET, BY COUNTRY 2020-2030(KILOTON)
TABLE 40. EUROPE SPACER FLUID MARKET, BY COUNTRY 2020-2030 ($MILLION)
TABLE 41. GERMANY SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 42. GERMANY SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 43. GERMANY SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 44. GERMANY SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 45. UK SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 46. UK SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 47. UK SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 48. UK SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 49. FRANCE SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 50. FRANCE SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 51. FRANCE SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 52. FRANCE SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 53. SPAIN SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 54. SPAIN SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 55. SPAIN SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 56. SPAIN SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 57. REST OF EUROPE SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 58. REST OF EUROPE SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 59. REST OF EUROPE SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 60. REST OF EUROPE SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 61. ASIA-PACIFIC SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 62. ASIA-PACIFIC SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 63. ASIA-PACIFIC SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 64. ASIA-PACIFIC SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 65. ASIA-PACIFIC SPACER FLUID MARKET, BY COUNTRY 2020-2030(KILOTON)
TABLE 66. ASIA-PACIFIC SPACER FLUID MARKET, BY COUNTRY 2020-2030 ($MILLION)
TABLE 67. CHINA SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 68. CHINA SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 69. CHINA SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 70. CHINA SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 71. JAPAN SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 72. JAPAN SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 73. JAPAN SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 74. JAPAN SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 75. INDIA SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 76. INDIA SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 77. INDIA SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 78. INDIA SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 79. SOUTH KOREA SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 80. SOUTH KOREA SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 81. SOUTH KOREA SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 82. SOUTH KOREA SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 83. REST OF ASIA-PACIFIC SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 84. REST OF ASIA-PACIFIC SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 85. REST OF ASIA-PACIFIC SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 86. REST OF ASIA-PACIFIC SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 87. LAMEA SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 88. ASIA-PACIFIC SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 89. LAMEA SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 90. LAMEA SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 91. LAMEA SPACER FLUID MARKET, BY COUNTRY 2020-2030(KILOTON)
TABLE 92. LAMEA SPACER FLUID MARKET, BY COUNTRY 2020-2030 ($MILLION)
TABLE 93. BRAZIL SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 94. BRAZIL SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 95. BRAZIL SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 96. BRAZIL SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 97. SAUDI ARABIA SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 98. SAUDI ARABIA SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 99. SAUDI ARABIA SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 100. SAUDI ARABIA SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 101. SOUTH AFRICA SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 102. SOUTH AFRICA SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 103. SOUTH AFRICA SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 104. SOUTH AFRICA SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 105. REST OF LAMEA SPACER FLUID MARKET, BY APPLICATION, 2020-2030(KILOTON)
TABLE 106. REST OF LAMEA SPACER FLUID MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 107. REST OF LAMEA SPACER FLUID MARKET, BY TYPE, 2020-2030(KILOTON)
TABLE 108. REST OF LAMEA SPACER FLUID MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 109. KEY NEW PRODUCT LAUNCHES (2017–2021)
TABLE 110. KEY EXPANSIONS (2017–2021)
TABLE 111. KEY MERGERS AND ACQUISITION (2017–2021)
TABLE 112. OTHER KEY DEVELOPMENTS (2017–2021)
TABLE 113. AUBINGROUP: COMPANY SNAPSHOT
TABLE 114. AUBINGROUP: PRODUCT PORTFOLIO
TABLE 115. BAKER HUGHES COMPANY: COMPANY SNAPSHOT
TABLE 116. BAKER HUGHES COMPANY: OPERATING SEGMENTS
TABLE 117. BAKER HUGHES COMPANY: PRODUCT PORTFOLIO
TABLE 118. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 119. BAKER HUGHES COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 120. BASF SE: COMPANY SNAPSHOT
TABLE 121. BASF SE: OPERATING SEGMENTS
TABLE 122. BASF: PRODUCT PORTFOLIO
TABLE 123. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 124. CHEVRON PHILLIPS CHEMICAL COMPANY: COMPANY SNAPSHOT
TABLE 125. CHEVRON PHILLIPS CHEMICAL COMPANY: PRODUCT PORTFOLIO
TABLE 126. CRODA: COMPANY SNAPSHOT
TABLE 127. CRODA: OPERATING SEGMENTS
TABLE 128. CRODA: PRODUCT PORTFOLIO
TABLE 129. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 130. HALLIBURTON COMPANY: COMPANY SNAPSHOT
TABLE 131. HALLIBURTON COMPANY: OPERATING SEGMENTS
TABLE 132. HALLIBURTON COMPANY: PRODUCT PORTFOLIO
TABLE 133. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 134. IMPACT FLUID SOLUTIONS: COMPANY SNAPSHOT
TABLE 135. IMPACT FLUID SOLUTIONS: PRODUCT PORTFOLIO
TABLE 136. M&D INDUSTRIES OF LA, INC.: COMPANY SNAPSHOT
TABLE 137. M&D INDUSTRIES OF LA, INC.: PRODUCT PORTFOLIO
TABLE 138. SCHLUMBERGER LIMITED: COMPANY SNAPSHOT
TABLE 139. SCHLUMBERGER LIMITED.: OPERATING SEGMENTS
TABLE 140. SCHLUMBERGER LIMITED: PRODUCT PORTFOLIO
TABLE 141. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 142. SCHLUMBERGER LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 143. TRICAN WELL SERVICE LTD.: COMPANY SNAPSHOT
TABLE 144. TRICAN WELL SERVICE LTD: OPERATING SEGMENTS
TABLE 145. TRICAN WELL SERVICE LTD.: PRODUCT PORTFOLIO
TABLE 146. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 147. TRICAN WELL SERVICE LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01. SPACER FLUID MARKET SEGMENTATION             
FIGURE 02. TOP INVESTMENT POCKETS, BY APPLICATION (2020) 
FIGURE 03. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 04. LOW BARGAINING POWER OF BUYERS
FIGURE 05. LOW THREAT OF NEW ENTRANTS
FIGURE 06. LOW THREAT OF SUBSTITUTES
FIGURE 07. HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 08. SPACER FLUID MARKET DYNAMICS
FIGURE 09. PATENT ANALYSIS, BY COUNTRY
FIGURE 10. SPACER FLUID MARKET REVENUE, BY APPLICATION, 2020-2030($MILLION) 
FIGURE 11. COMPARATIVE ANALYSIS OF SPACER FLUID MARKET FOR ONSHORE, BY COUNTRY, 2020-2030($MILLION)
 FIGURE 12. COMPARATIVE ANALYSIS OF SPACER FLUID MARKET FOR OFFSHORE, BY COUNTRY, 2020-2030($MILLION) 
FIGURE 13. SPACER FLUID MARKET REVENUE, BY TYPE 2020-2030, ($MILLION)
FIGURE 14. COMPARATIVE ANALYSIS OF SPACER FLUID MARKET FOR WATER-BASED DRILLING FLUID ENVIRONMENT, BY COUNTRY, 2020-2030($MILLION) 
FIGURE 15. COMPARATIVE ANALYSIS OF SPACER FLUID MARKET FOR OIL-BASED DRILLING FLUID ENVIRONMENT, BY COUNTRY, 2020-2030($MILLION) 
FIGURE 16. U.S. REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 17. CANADA REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 18. MEXICO REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 19. GERMANY REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 20. UK REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 21. FRANCE REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 22. SPAIN REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 23. REST OF EUROPE REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 24. CHINA REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 25. JAPAN REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 26. INDIA REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 27. SOUTH KOREA REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 28. REST OF ASIA-PACIFIC REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 29. BRAZIL REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 30. SAUDI ARABIA REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 31. SOUTH AFRICA REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 32. REST OF LAMEA REVENUE FOR SPACER FLUID 2020-2030, ($MILLION) 
FIGURE 33. MARKET PLAYER POSITIONING, 2020
FIGURE 34. TOP WINNING STRATEGIES, BY YEAR, 2017–2021
FIGURE 35. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2021 (%)
FIGURE 36. TOP WINNING STRATEGIES, BY COMPANY, 2017–2021
FIGURE 37. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 38. COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 39. BAKER HUGHES COMPANY: NET SALES, 2018–2020 ($MILLION) 
FIGURE 40. BASF: REVENUE, 2018–2020 ($MILLION) 
FIGURE 41. BASF: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 42. BASF: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 43. CRODA: NET SALES, 2018-2020 ($MILLION) 
FIGURE 44. CRODA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 45. CRODA: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 46. HALLIBURTON COMPANY: NET SALE, 2018-2020 ($ MILLION) 
FIGURE 47. HALLIBURTON COMPANY: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 48. HALLIBURTON COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 49. SCHLUMBERGER LIMITED.: REVENUE, 2018–2020 ($MILLION) 
FIGURE 50. SCHLUMBERGER LIMITED.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51. SCHLUMBERGER LIMITED.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52. TRICAN WELL SERVICE LTD.: REVENUE, 2018–2020 ($MILLION) 
FIGURE 53. TRICAN WELL SERVICE LTD.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 54. TRICAN WELL SERVICE LTD.: REVENUE SHARE BY REGION, 2020 (%)

 
 

As per the CXO of the leading companies, the global spacer fluid market is moving toward growth stabilization phase in its industry life cycle. Growth in demand from water-based drilling fluid environment and oil-based drilling fluid environment and increase in investments in onshore oil and gas activities will play a significant role in the onshore segment to maintain its market position. The increase in energy demand has impacted the growth in the exploration activities being carried out. The drilling of new wells has increased substantially, which can be seen from the increase in the number of active wells present around the world. In addition, oil-based drilling fluid environment is the largest revenue-generating segment for spacer fluid and is expected to maintain its dominance during the forecast period. Furthermore, region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest share of the market, followed by Asia-Pacific and Europe. However, the impact of the COVID-19 epidemic on the oilfield services sector is predicted to be significant, as large businesses are decreasing capital spending in order to remain competitive.

 

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FREQUENTLY ASKED QUESTIONS?
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A. The major drivers of the market, such as technological improvements in cementing, simultaneous use of both oilwell spacer fluids and revolutionary cement, and favourable government initiatives, are expected to aid the industry growth.

A. The enhancing oil and gas drilling activities is expected to define the market growth in the coming years.

A. The report sample for global spacer fluid market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

A. The market players are adopting various growth strategies and also investing in R&D extensively to develop technically advanced unique products which are expected to drive the market size.

A. Asia-Pacific region will provide more business opportunities for spacer fluid market in coming years

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. Application segment holds the maximum share of the spacer fluid market

A. AubinGroup, Baker Hughes Incorporated, BASF SE, Chevron Phillips Chemical Company, Croda International PLC, Halliburton, Impact Fluid Solutions, M&DIndustries of LA Inc., Schlumberger Limited are the top players in spacer fluid market.

A. Oil and gas industry are the potential customers of spacer fluid industry

A. The global spacer fluid market was valued at $ 323.1 Million in 2028

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