Global Onshore Drilling Fluids Market

Onshore Drilling Fluids Market : Global Industry Analysis 2015-2019 and Opportunity Assessment 2020-2030

Market Overview

Global Onshore Drilling Fluids Market: Market Introduction

The production of oil and natural gas has witnessed steady growth in the recent years. In the global oil & gas industry, the hydraulic fracturing activities for the production of shale oil & gas is increasing at a significant rate. Shale gas revolution expected to increase the demand for oilfield drilling fluids and competition chemicals. There are three types of drilling fluids – oil based fluids, synthetic based fluids, and water based fluids. Among the total drilling fluids, around 70% demand generated from the onshore projects.

Oil-based mud is alternative name of onshore drilling fluids, is help to reduce overall cost of operation and environmental impact. Primary functions of onshore drilling fluids are – to reduce mud losses, maximize clay inhibition, achieve rate of penetration (ROP), minimize pore-pressure, improving cement jobs, and among others. The key additives of onshore drilling fluids include dispersants, rheology modifier, thinners, fluid loss control additives, wetting agents, protective chemicals, shale stabilizers, surfactants, and among others. The usage of onshore drilling fluids varies on the basis of basins and well types of operation. 

Global Onshore Drilling Fluids Market: Market Dynamics

The growing production of oil and natural gas is expected to boost the oil exploration, production & transportation activities, which in turn will drive the onshore drilling fluids market in the coming years. Along with this, rising awareness regarding safe operation of oilfield equipment is expected to support the demand for onshore drilling fluids market.

At a globe level, steady growth is anticipated in oil industries, owing to the demand for gasoline and fuels in the market. These products show signs of remarkable growth during the forecast period. Further, the prominent players involved in the oil and gas market are focusing on merger and acquisition activities with other players in the market to strengthen their global footprint in the market. Thus, increased production capacities expected to drive the global onshore drilling fluids market. However, the fluctuation in the crude oil or end-product prices is anticipated to hamper the global onshore drilling fluids market. 

Global Onshore Drilling Fluids Market: Regional Outlook

The significant rise in refinery projects across various countries of Middle East & Africa and Europe, such as Saudi Arabia, Russia, Kazakhstan, among others, will support the demand for onshore drilling fluids market. These countries have oil reserves, which in turn support the demand for onshore drilling fluids. Further, APAC is a major market owing to the establishment of new refineries to cater to the growing demand for onshore drilling fluids in the country. Saudi Arabia and UAE are the leading producers of oil and gas in the Middle East region and are expected to provide lucrative opportunities for the growth of the onshore drilling fluids market over the forecast period

Global Onshore Drilling Fluids Market: Industry Participants

The onshore drilling fluids market is estimated to be fairly fragmented owing to the number of players in the international market. Few of them are identified across the value chain which is –

  • Baker Hughes
  • Anchor Drilling Fluids USA, Inc.
  • Castle Harlan Inc.
  • AMC Drilling Fluids & Products (Imdex Ltd.)
  • Secure Energy Services
  • Global Drilling and Chemicals
  • Sagemines
  • Newpark Resources
  • Halliburton Company
  • Schlumberger
  • Scomi
  • National Oilwell Varco

The onshore drilling fluids market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The Onshore Drilling Fluids market report covers exhaustive analysis on:

  • Onshore Drilling Fluids market segments
  • Onshore Drilling Fluids market dynamics
  • Onshore Drilling Fluids Market Size
  • Onshore Drilling Fluids market supply & demand
  • Onshore Drilling Fluids market current trends/issues/challenges
  • Onshore Drilling Fluids Market Competition & Companies involved
  • Onshore Drilling Fluids market technology
  • Onshore Drilling Fluids market value chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Onshore Drilling Fluids market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Onshore Drilling Fluids market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Onshore Drilling Fluids market report also maps the qualitative impact of various market factors on market segments and geographies.

Global Onshore Drilling Fluids Market: Market Segmentation

On the basis of product types, the global onshore drilling fluids market can be segmented as mentioned below:

OBF (Oil Based Fluids)

  • Viscosifiers
  • Dispersants
  • Fluids Loss Control Additives
  • Protective Chemicals
  • Wetting Agents
  • Thinners
  • Lost Circulation Materials
  • Others 

SBF (Synthetic Based Fluids)

  • Rheology Modifiers
  • Fluids Loss Control Additives
  • Viscosifiers
  • Thinners
  • Surfactants
  • Wetting Agents
  • Others

WBF (Water Based Fluids)

  • Alkalinity & pH Control Materials
  • Viscosifiers
  • Shale Stabilizers
  • Fluids Loss Control Additives
  • Surfactants
  • Thinners
  • Defoamers
  • Others 

The global onshore drilling fluids market is segmented on the basis of well

On the basis of well types

  • HPHT
  • Conventional 

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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