Title: North America Drilling Fluid & Completion Fluid Market is Expected to Reach $7,849 million in 2018.
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- North America Drilling Fluid Completion Fluid
Market is Expected to Reach 7,849 million in
2018.
2- The global water-based drilling completion
fluids market report defines and segments the
concerned market with analysis and forecast of
revenue. - The market is estimated to grow from 6,394.7
million in 2013 to 9,311.6 million by 2018, at a
CAGR of 7.8 from 2013 to 2018. - Key players in the North America Drilling Fluid
Completion Fluid Market are Baker Hughes,
Halliburton, Tetra Technologies, Inc., M-I SWACO,
Anchor Drilling Fluids USA, Inc. others.
3 Browse through the TOC of the global water-based
drilling completion fluids market report, to
get an idea of the in-depth analysis provided.
This also provides a glimpse of the segmentation
in the market, and is supported by various tables
and figures. http//www.micromarketmonitor.com/mar
ket/north-america-drilling-fluid-completion-fluid-
2200133703.html
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4 - Continuous rise in deep water drilling activities
and increased oil production, along with
technological developments are driving the
market. - The economic advantage of using water-based
drilling fluid is significant, as they are easily
and extensively available throughout the globe. - The water-based drilling fluid reduces the
environmental threats, and it is less expensive
vis-a-vis oil-based and synthetic-based drilling
fluids. - The market is segmented and forecast on the basis
of geography, which includes North America, Latin
America, Europe, the Middle East, Africa, and
Asia-Pacific.
5 - Europe Drilling Fluid Completion Fluid Market
- The European drilling fluid and completion fluid
market was valued at 1,313.87 million in 2013
and is forecasted to reach 1,766.42 million by
2018, growing at a CAGR of 6.10 from 2013 to
2018. - The water-based system in drilling fluid and
completion fluid accounted for around 810
million in 2013. - Increase in drilling and exploration activities
for shale and other resources has led to
widespread consumption of drilling fluids, which
forms one of the reasons for the growth of the
drilling and completion fluid market in Europe.
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