Global Oilfield Drilling Fluid Additives Market is figured out to grow at a CAGR of 2.85% of $1838.50 million by 2023. - PowerPoint PPT Presentation

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Global Oilfield Drilling Fluid Additives Market is figured out to grow at a CAGR of 2.85% of $1838.50 million by 2023.

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The report predicts the Oilfields Drilling Fluids Additives Market to grow with a CAGR of 2.56 % over the forecast period of 2018 - 2023. The Global Oilfields Drilling Fluids Additives Market size at $1575.10 million in 2017 is anticipated to grow extensively in 2023. – PowerPoint PPT presentation

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Title: Global Oilfield Drilling Fluid Additives Market is figured out to grow at a CAGR of 2.85% of $1838.50 million by 2023.


1
Global Oilfield Drilling Fluid Additives Market
is figured out to grow at a CAGR of 2.85 of
1838.50 million by 2023.
2
North America is expected to get a significant
amount of growth in Oilfield Drilling Fluid
Additives Market. The market has been gaining
more than 50 of rising share in 2017 due to
growing drilling activities in the areas of
Mexico, and finding possible opportunities in oil
and gas services. North America holds the
dominant position due to the increasing U.S. oil
sands extraction market. The market is estimated
to grow at a CAGR of 2.48 to reach revenue of
942.18 million by 2023 from 824.88 million in
2017.
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3
Selected Analysis Done in the Full Report
Water based fluids, oil based fluids and
synthetic based fluids are the segments of type
fluid formulation in Oilfield Drilling Fluid
Additives Market.Among all,water based fluids
generated the highest revenue of 757.07 million
in 2017 in the global market.Findingssay water
based fluids segment is estimated to grow at a
CAGR of 3.52 to reach a revenue of 918.74
million in 2023.
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4
Excerpts on Market Growth Factors Mentioned in
the Full Report
  • Bentonite and attapulgiteare the drilling mud
    additives used to control the fluid-loss and
    cleaning effectiveness in the drilling process.
    The characters such as low colloidal content,
    effective inhibition, shear-thinning behavior and
    non-dispersed system in order to get the maximum
    drilling performance is helping to lead in the
    market.
  • Recent development of deep water and ultra-deep
    water operations will bring significant new and
    more technical complex to harsh conditions. In
    order to overcome the challenges, the
    biopolymerfluid viscofiers will play an important
    role with respect to its environmental based
    advantage.

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5
Key Players of the Oilfield Drilling Fluid
Additives Market
  • BASF
  • Chevron Philips
  • Akzo Nobel
  • DoW Chemical
  • Innospec Inc.
  • Tetra Technologies
  • And 15 more

Download Sample Report
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6
You Can Customize the Report as Per Your Need. We
have included Some Customization Options
Company Profile
Analyst Briefing
Data Tables
Key Contacts
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7
About IndustryARC
IndustryARC is a research and consulting firm
that publishes more than 500 reports annually in
various industries, such as Agriculture,
Automotive, Automation Instrumentation,
Chemicals and Materials, Energy and Power,
Electronics, Food Beverages, Information
Technology, Life sciences Healthcare. IndustryA
RC primarily focuses on Cutting Edge Technologies
and Newer Applications of the Market. Our Custom
Research Services are designed to provide
insights on the constant flux in the global
demand-supply gap of markets. Our strong analyst
team enables us to meet the client research needs
at a very quick speed with a variety of options
for your business.
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