Drilling Fluids Market for Oil & Gas Industry – Growth, Future Prospects, Competitive Analysis, and Forecast 2017 – 2025, the Global Drilling Fluids Market is expected to reach US$ 16.9 Bn by 2025, expanding at a CAGR of 5.1% during the forecast period (2017-2025).
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. Drilling fluids are generally classified as water based, oil based and synthetic fluids.
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Global drilling fluids market for oil & gas industry is segmented on the basis of product type, reserve type and geography. By product type, water based fluids segment is projected to be the most dominant and fastest growing segment as water based fluids are cost effective and environmental friendly.
• Merger & Acquisition
• Development of products
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global Drilling Fluids Market for Oil & Gas Industry Snapshot
2.1.1. Global Drilling Fluids Market for Oil & Gas Industry by Product Type, 2016
2.1.2. Global Drilling Fluids Market for Oil & Gas Industry by Application, 2016
2.1.3. Global Drilling Fluids Market for Oil & Gas Industry by Geography, 2016
2.1.4. Market Drivers, Challenges and Trends
3. Global Drilling Fluids Market for Oil & Gas Industry Market Dynamics
3.1. Market Overview
3.2. Revenue Chain Analysis
3.5. Future Prospects
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