Market Synopsis of Drilling and Completion Fluids

Market Scenario
Being an essential for the drilling and exploration activities the Drilling and Completion Fluids market is heavily dependent on the Oil and Gas industry. Drilling fluids are used to provide lubrication, avoid friction during drilling activities. Considering the oil and gas industry is recovering from the recent price crisis, the growth in the oil and gas ... Read more

Pune, India, May, 2018, /MRFR Press Release/- The growth in the oil and gas industry is imminent which would result in a complimentary increase in the demand in the Drilling and Completion Fluids market.

Some of the key players in the Drilling and Completion Fluids market are Baker Hughes Inc. (U.S.), Weatherford International (U.S.), Halliburton Company (U.S.), M-I Swaco (U.S.), AkzoNobel N.V. (Netherlands), National Oilwell Varco (U.S.), Chevron Phillips Chemical Company (U.S.), ... Read more

The report "Drilling and Completion Fluids Market by Application (Onshore and Offshore), Fluid System (Water-Based System, Oil-Based System, Synthetic-Based System), Well Type (Conventional and HPHT), and Region - Global Forecast to 2023", the global drilling & completion fluids market is projected to reach USD 12. ... Read more

The report "Drilling and Completion Fluids Market by Application (Onshore and Offshore), Fluid System (Water-Based System, Oil-Based System, Synthetic-Based System), Well Type (Conventional and HPHT), and Region - Global Forecast to 2023", the The global drilling & completion fluids market is projected to reach a market size of USD 12.76 Billion in 2023 from an estimated USD 9.62 Billion in 2018, at a CAGR of 5.82% during the forecast ... Read more

The Drilling and Completion Fluids Market is expected to grow from an estimated USD 9.62 Billion in 2018 to USD 12.76 Billion by 2023, registering a CAGR of 5.82% during the forecast period. This growth can be attributed to the increased drilling activities for oil and gas production and rise in the exploration of shale gas.

The growth of the drilling and completion fluids market is directly proportional to the ongoing drilling activities around the world. On the basis of various ... Read more