Report Detail

Energy Global Water-based Drilling and Completion Fluids Market 2019-2023

  • RnM2956111
  • |
  • 16 February, 2019
  • |
  • Global
  • |
  • 131 pages
  • |
  • Technavio
  • |
  • Energy

Global Water-based Drilling and Completion Fluids Market 2019-2023

PART 01: EXECUTIVE SUMMARY

    PART 02: SCOPE OF THE REPORT

    • 2.1 Preface
    • 2.2 Preface
    • 2.3 Currency conversion rates for US$

    PART 03: MARKET LANDSCAPE

      Market ecosystem

        Market characteristics

          Market segmentation analysis

            PART 04: MARKET SIZING

              Market definition

                Market sizing 2018

                  Market size and forecast 2018-2023

                    PART 05: FIVE FORCES ANALYSIS

                      Bargaining power of buyers

                        Bargaining power of suppliers

                          Threat of new entrants

                            Threat of substitutes

                              Threat of rivalry

                                Market condition

                                  PART 06: MARKET SEGMENTATION BY APPLICATION

                                    Market segmentation by application

                                      Comparison by application

                                        Onshore - Market size and forecast 2018-2023

                                          Offshore - Market size and forecast 2018-2023

                                            Market opportunity by application

                                              PART 07: CUSTOMER LANDSCAPE

                                                PART 08: GEOGRAPHIC LANDSCAPE

                                                  Geographic segmentation

                                                    Geographic comparison

                                                      North America - Market size and forecast 2018-2023

                                                        Middle East and Africa - Market size and forecast 2018-2023

                                                          APAC - Market size and forecast 2018-2023

                                                            Europe - Market size and forecast 2018-2023

                                                              South America - Market size and forecast 2018-2023

                                                                Key leading countries

                                                                  Market opportunity

                                                                    PART 09: DRIVERS AND CHALLENGES

                                                                      Market drivers

                                                                        Market challenges

                                                                          PART 10: MARKET TRENDS

                                                                            Increase in deepwater and ultra-deepwater upstream projects

                                                                              Nanotechnology for oilfield applications

                                                                                Qatar’s exit from OPEC

                                                                                  PART 11: VENDOR LANDSCAPE

                                                                                    Overview

                                                                                      Landscape disruption

                                                                                        Competitive scenario

                                                                                          PART 12: VENDOR ANALYSIS

                                                                                            Vendors covered

                                                                                              Vendor classification

                                                                                                Market positioning of vendors

                                                                                                  Baker Hughes

                                                                                                    Halliburton

                                                                                                      National Oilwell Varco

                                                                                                        Newpark Resources 

                                                                                                          Schlumberger

                                                                                                            Weatherford

                                                                                                              PART 13: APPENDIX

                                                                                                                Research methodology

                                                                                                                  List of abbreviations

                                                                                                                  The water-based drilling and completion fluids market size will grow by USD 1.95 billion during 2019-2023. This report offers an analysis of the market by application (onshore and offshore) and geography (APAC, Europe, Middle East and Africa, North America, and South America). The water-based drilling and completion fluids market research report analyzes the market’s competitive landscape and offers information on several companies including Baker Hughes, Halliburton, National Oilwell Varco, Newpark Resources, Schlumberger, and Weatherford.

                                                                                                                  Global water-based drilling and completion fluids industry overview

                                                                                                                  The increase in global rig activity is one of the critical factors that will drive market growth in the forthcoming years. With the fluctuating global crude oil prices, there has been a significant increase in drilling projects as companies are increasingly investing in oil and gas projects to increase profit margins. Because of the continuously rising drilling operations, the demand for water-based drilling and completion fluids will increase as they form a crucial component for the drilling of oil and gas wells. Moreover, the rise in the number of active rigs for both onshore and offshore oil and gas drilling because of the surging collaborations among the major oil and gas suppliers will also accelerate water-based drilling and completion fluids market growth.

                                                                                                                  The emergence of nanotechnology for oilfield applications is one of the key trends expected to gain traction in the market. Nanoparticles are often used for enhancing and stabilizing well drilling as they increase the rate of penetration, reduce the cost of drilling, and minimize the environmental impact of the drilling process. The increased adoption of nanoparticles owing to their unique properties for improving the efficiency of drilling, mining, and other industrial operations will accelerate the market growth. The increasing global rig activity coupled with the emergence of nanotechnology for oil field applications will drive the water-based drilling and completion fluids market growth at a CAGR of close to 6%.

                                                                                                                  Top water-based drilling and completion fluids companies covered in this market research report

                                                                                                                  The water-based drilling and completion fluids market is moderately fragmented with companies focusing on leveraging advanced technologies to offer high-quality products. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this water-based drilling and completion fluids industry analysis report will help the clients in assessing the market potential and strengthening their position in the market.

                                                                                                                  The report offers a complete analysis of various companies including:

                                                                                                                  Baker Hughes

                                                                                                                  Halliburton

                                                                                                                  National Oilwell Varco

                                                                                                                  Newpark Resources 

                                                                                                                  Schlumberger

                                                                                                                  Weatherford

                                                                                                                  Water-based drilling and completion fluids market segmentation based on geographic regions

                                                                                                                  North America

                                                                                                                  Middle East and Africa

                                                                                                                  APAC

                                                                                                                  Europe

                                                                                                                  South America

                                                                                                                  The North America region will account for the highest growth of this market throughout the forecast period owing to the rising number of active rigs. The increasing E&P activities and significant investments made toward such activities will further lead the region to contribute the largest share in the forthcoming years.

                                                                                                                  Water-based drilling and completion fluids market segmentation based on application

                                                                                                                  Onshore

                                                                                                                  Offshore

                                                                                                                  The onshore application segment will account for the highest growth in the market owing to the increase in both conventional and unconventional oil and gas activities. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the water-based drilling and completion fluids market size.

                                                                                                                  Key highlights of the global water-based drilling and completion fluids market for the forecast years 2019-2023:

                                                                                                                  CAGR of the market during the forecast period 2019-2023

                                                                                                                  Detailed information on factors that will accelerate the growth of the water-based drilling and completion fluids market during the next five years

                                                                                                                  Precise estimation of the global water-based drilling and completion fluids market size and its contribution to the parent market

                                                                                                                  Accurate predictions on upcoming trends and changes in consumer behavior

                                                                                                                  The growth of the water-based drilling and completion fluids industry across the Americas, APAC, and EMEA

                                                                                                                  A thorough analysis of the market’s competitive landscape and detailed information on several vendors

                                                                                                                  Comprehensive details on the factors that will challenge the growth of water-based drilling and completion fluids companies 



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