The Report “North America Drilling and Completion Fluids Market by Type (Water Based, Synthetic Based, Oil Based & others), By Application (onshore & Offshore), By Countries - Regional Trend & Forecast to 2019” is estimated to reach $7,302.6 Million by 2019, at a CAGR of 4.2% from 2014 to 2019.
Browse through the TOC of the North America Drilling and Completion Fluids Market for an analysis of industry trends and segments, with the help of various tables and figures.
Early buyers will receive 10% customization on this report
The increasing energy demand, rise in population, and discovery of new shale reserves are putting pressure to drill at high depths and in deep and ultra-deep water locations. The recent increase in oilfield discoveries and rise in drilling activities, especially for those focusing on crude oil, have been the major drivers of the North America drilling and completion fluids market.
North America holds the largest market for drilling and completion fluids given the presence of half of the world's oil & gas reserves in this region. The U.S. has the maximum number of shale reserves as compared to other regions.
Offshore activities in the Gulf of Mexico are on the rise, supporting companies to expand within the region, due to which top drilling and completion fluids manufacturers are based in North America. The U.S. was the largest market in North America in 2013 and accounted for more than half of the North America drilling and completion fluids market share.
This market has been segmented and forecast on the basis of type, application, and geography. The market based on type includes water-based systems, oil-based systems, synthetic-based systems, and others. The market on the basis of application has been categorized into offshore and onshore regions. The market has been further segmented on the basis of major countries, such as the U.S. and Canada.
This report also includes market share and value chain analyses, and market metrics such as drivers and restraints. In addition, the report presents a competitive landscape and company profiles of key players in the market, including major companies which provide drilling fluids.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Contact:
Mr. Chandrasekhar K.
UNIT no 802, Tower No. 7, SEZ
Magarpatta City, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-502-0539
Email: sales@micromarketmonitor.com
