시추유체 시장 : 유형별(액체 기반(유성, 수성, 합성), 공압 기반), 제품별(가중제, 점도 조절제, 소포제, 윤활제), 용도별, 최종 용도별(석유 및 가스, 광업, 건설), 지역별 - 세계 시장 예측(-2031년)

Drilling Fluids Market by Type (Liquid-based [Oil, Water, Synthetic], Pneumatic-based), Product (Weighting Agents, Viscosifiers, Defoamers, Lubricants), Application, End-use (Oil & Gas, Mining, Construction), and Geography-Global Forecast to 2031

The research report titled, 'Drilling Fluids Market by Type (Liquid-based [Oil, Water, Synthetic], Pneumatic-based), Product (Weighting Agents, Viscosifiers, Defoamers, Lubricants), Application, End-use (Oil & Gas, Mining, Construction), and Geography-Global Forecast to 2031', provides in-depth analysis of the drilling fluids market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.

The drilling fluids market is projected to reach $10.7 billion by 2031, at a CAGR of 5.7% from 2024 to 2031. The market's growth is driven by the increasing demand for drilling fluids in oil extraction and refining activities, the increase in deepwater exploration, and the growing need for crude oil and gas in the industrial sector. Furthermore, the development of advanced drilling fluid chemicals is anticipated to create market growth opportunities.

However, the adverse environmental impact of drilling fluids restrains the market's growth. Additionally, the high operational costs associated with drilling processes pose significant challenges for players in this market. A prominent trend in the drilling fluids market is the increasing emphasis on environmentally friendly drilling fluids.

The global drilling fluids market is segmented by fluid type, product type, application, and end-use industry. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on fluid type, the global drilling fluids market is broadly segmented into liquid-based fluids, pneumatic-based fluids, and other drilling fluids. The liquid-based fluids segment is further sub-segmented into oil-based mud (OBM), water-based mud (WBM), and synthetic-based mud (SBM). In 2024, the liquid-based fluids segment is expected to account for the largest share of over 64.0% of the global drilling fluids market. The liquid-based fluids segment is also projected to register the highest CAGR during the forecast period. The large market share of this segment can be attributed to the growing utilization of oil-based mud (OBM) and synthetic-based mud (SBM) for oil and gas reservoirs, an increasing preference for water-based mud (WBM) due to its low environmental impact and effective cooling and lubrication properties, a rising need to enhance overall drilling safety and efficiency, improve wellbore stability, and the increasing use of SBM due to its high-temperature stability and resistance to extreme pressure conditions.

Based on product type, the global drilling fluids market is broadly segmented into weighting agents, viscosifiers, scavengers, shale control additives, biocides & corrosion inhibitors, defoamers, lubricants & surfactants, lost circulation materials (LCM), fluid loss additives, filtration control additives, and other product types. In 2024, the weighting agents segment is expected to account for the largest share of over 25.0% of the global drilling fluids market. The large market share of this segment is attributed to the growing use of weighting agents, including barite, to increase the density of drilling fluids and the growing need for proper flow and suspension of cuttings to facilitate efficient drilling, minimize fluid losses, and optimize the overall drilling process.

However, the biocides & corrosion inhibitor segment is projected to register the highest CAGR during the forecast period. This growth can be attributed to stringent government environmental regulations for drilling operations, the increasing need to protect drilling equipment and downhole tools from corrosion, the growing need to reduce downtime and maintenance costs resulting from corroded equipment in the wellbore, casing, and other components, the growing need to minimize the environmental impact of drilling fluids, and the increasing focus on environmentally friendly drilling fluids.

Based on application, the global drilling fluids market is broadly segmented into onshore drilling and offshore drilling. In 2024, the onshore drilling segment is expected to account for a larger share of over 58.0% of the global drilling fluids market. The large market share of this segment can be attributed to the accessibility and cost-effectiveness of onshore drilling compared to offshore drilling. Additionally, factors such as increasing technological advancements, including horizontal drilling and hydraulic fracturing, a growing demand for drilling fluids in onshore geothermal and other renewable energy drilling projects, and the exploration of unconventional resources such as coalbed methane (CBM) and tight oil reserves to meet growing energy needs contribute to the significant market share of this segment.

However, the offshore drilling segment is projected to register a higher CAGR during the forecast period. This growth can be attributed to the increasing exploration and development activities aimed at tapping into global oil reserves in deepwater or seabed locations, including the Gulf of Mexico, offshore Brazil, and the North Sea. Additionally, advancements in technology, such as subsea drilling, floating production storage offloading (FPSO) systems, and floating production platforms, contribute to the growth of the offshore drilling segment.

Based on end-use industry, the global drilling fluids market is broadly segmented into oil & gas, mining, construction, and other end-use industries. In 2024, the oil & gas segment is expected to account for the largest share of over 80.0% of the global drilling fluids market. The large market share of this segment is attributed to the increasing need for advanced drilling fluids in the oil & gas industry, fluctuations in oil prices globally, growing exploration and production activities in deepwater and ultra-deepwater reserves to meet the global energy demand, and stringent environmental and safety regulations.

However, the mining segment is projected to register the highest CAGR during the forecast period. This growth can be attributed to the increasing mineral exploration and extraction of rare-earth elements for various industries, the rising adoption of environmentally friendly drilling fluids to mitigate the environmental impact of mining operations, and the growing use of drilling fluids to enhance drilling and aid in the extraction of minerals.

Based on geography, the global drilling fluids market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of over 34.0% of the global drilling fluids market, followed by Asia-Pacific and Europe. North America's major market share can be attributed to the increasing exploration and production activities to meet the growing global demand for energy, stringent environmental regulations, and the increasing demand for minerals and metals for construction materials, manufacturing processes, and infrastructure development.

However, Asia-Pacific is projected to register the highest CAGR during the forecast period. The growth of this regional market is driven by the increasing demand for advanced drilling fluids, including OBM and SBM, tailored to offshore conditions. Additionally, the increasing technological advancements in drilling technologies, the growing use of specialized fluids such as lubricants and coolants for maintaining overall drill operations, and the increasing use of drilling fluids for construction projects, including foundation drilling, tunneling, and boring, are expected to support the market's growth in the Asia-Pacific region.

Key Players:

The key players operating in the drilling fluids market are Baker Hughes Company (U.S.), Halliburton Energy Services, Inc. (U.S.), CES Energy Solutions Corp. (Canada), Newpark Resources, Inc. (U.S.), Schlumberger Limited (U.S.), TETRA Technologies, Inc. (U.S.), Paragon Integrated Services Group (U.S.), SECURE Energy Services Inc. (Canada), NorthStar Fluid Solutions LLC (U.S.), Petrochem Performance Chemicals LLC (UAE), Chevron Phillips Chemical Company LLC (U.S.), Proec Energy Limited (India), United Mud-Chem Pvt. Ltd. (India), Ennor Muds & Chemicals (India), Global Drilling Fluids and Chemical Limited (India), Sagemines (DIAMOCO Group) (France), Catalyst (India), Gumpro Drilling Fluids (India), and Vink Drilling Fluid Solutions Private Limited (India).

Key questions answered in the report:

• Which are the high-growth segments in the global drilling fluids market based on fluid type, product type, application, end-use industry, and geography?
• What is the historical market size for drilling fluids across the globe?
• What are the global drilling fluids market forecasts and estimates for the period 2024-2031?
• What are the major drivers, restraints, opportunities, and challenges in the drilling fluids market?
• Who are the major players, and what shares do they hold in the global drilling fluids market?
• What is the competitive landscape like in the global drilling fluids market?
• What are the recent developments in the global drilling fluids market?
• What are the different strategies adopted by the major players in the global drilling fluids market?
• What are the key geographic trends, and which are the high-growth countries in the global drilling fluids market?
• Who are the local emerging players in the global drilling fluids market, and how do they compete with the other players?

Scope of the report:

Drilling Fluids Market Assessment-by Fluid Type

• Liquid-based Fluids
  • Oil-based Mud (OBM)
  • Water-based Mud (WBM)
  • Synthetic-based Mud (SBM)
• Pneumatic-based Fluids
• Other Drilling Fluids

Drilling Fluids Market Assessment-by Product Type

• Weighting Agents
• Viscosifiers
• Scavengers
• Shale Control Additives
• Biocides & Corrosion Inhibitors
• Defoamers
• Lubricants & Surfactants
• Lost Circulation Materials
• Fluid Loss Additives
• Filtration Control Additives
• Other Product Types

Drilling Fluids Market Assessment-by Application

• Onshore Drilling
• Offshore Drilling

Drilling Fluids Market Assessment-by End-use Industry

• Oil & Gas
• Mining
• Construction
• Other End-use industries

Drilling Fluids Market Assessment-by Geography

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Norway
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• South Korea
• Indonesia
• Malaysia
• Rest of Asia-Pacific
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• UAE
• Saudi Arabia
• Rest of Middle East & Africa

TABLE OF CONTENTS

1. Introduction

• 1.1 Market Definition & Scope
• 1.2 Market Ecosystem
• 1.3 Currency & Limitations
• 1.4 Key Stakeholders

2. Research Methodology

• 2.1 Research Approach
• 2.2 Data Collection & Validation
  • 2.2.1 Secondary Research
  • 2.2.2 Primary Research
• 2.3 Market Assessment
  • 2.3.1 Market Size Estimation
  • 2.3.2 Bottom-up Approach
  • 2.3.3 Top-down Approach
  • 2.3.4 Growth Forecast
• 2.4 Assumptions for the Study

3. Executive Summary

• 3.1 Market Overview
• 3.2 Market Analysis, by Fluid Type
• 3.3 Market Analysis, by Product Type
• 3.4 Market Analysis, by Application
• 3.5 Market Analysis, by End-use Industry
• 3.6 Market Analysis, by Geography
• 3.7 Competitive Analysis

4. Market Insights

• 4.1 Overview
• 4.2 Factors Affecting Market Growth
  • 4.2.1 Drivers
    • 4.2.1.1 Growing Demand for Drilling Fluids in Oil Extraction & Refining Activities
    • 4.2.1.2 Increase in Deepwater Exploration
    • 4.2.1.3 Growing Need for Crude Oil & Gas in the Industrial Sector
  • 4.2.2 Restraints
    • 4.2.2.1 Adverse Environmental Impact of Drilling Fluids
  • 4.2.3 Opportunities
    • 4.2.3.1 Development of Advanced Drilling Fluid Chemicals
  • 4.2.4 Challenges
    • 4.2.4.1 High Operational Costs of Drilling Processes
  • 4.2.5 Trends
    • 4.2.5.1 Increasing Emphasis on Environmentally Friendly Drilling Fluids
• 4.3 Porter's Five Forces Analysis
  • 4.3.1 Bargaining Power of Buyers
  • 4.3.2 Bargaining Power of Suppliers
  • 4.3.3 Threat of Substitutes
  • 4.3.4 Threat of New Entrants
  • 4.3.5 Degree of Competition

5. Global Drilling Fluids Market Assessment-by Fluid Type

• 5.1 Overview
• 5.2 Liquid-based fluids
  • 5.2.1 Oil-based mud (OBM)
  • 5.2.2 Water-based Mud (WBM)
  • 5.2.3 Synthetic-based Mud (SBM)
• 5.3 Pneumatic-based fluids
• 5.4 Other Drilling Fluids

6. Global Drilling Fluids Market Assessment-by Product Type

• 6.1 Overview
• 6.2 Weighting Agents
• 6.3 Viscosifiers
• 6.4 Scavengers
• 6.5 Shale Control Additives
• 6.6 Biocides & Corrosion Inhibitors
• 6.7 Defoamers
• 6.8 Lubricants & Surfactants
• 6.9 Lost Circulation Materials
• 6.10 Fluid Loss Additives
• 6.11 Filtration Control Additives
• 6.12 Other Product Types

7. Global Drilling Fluids Market Assessment-by Application

• 7.1 Overview
• 7.2 Onshore Drilling
• 7.3 Offshore Drilling

8. Global Drilling Fluids Market Assessment-by End-use Industry

• 8.1 Overview
• 8.2 Oil & Gas
• 8.3 Mining
• 8.4 Construction
• 8.5 Other End-use Industries

9. Drilling Fluids Market Assessment-by Geography

• 9.1 Overview
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 U.K.
  • 9.3.3 France
  • 9.3.4 Italy
  • 9.3.5 Spain
  • 9.3.6 Russia
  • 9.3.7 Norway
  • 9.3.8 Rest of Europe
• 9.4 Asia-Pacific
  • 9.4.1 China
  • 9.4.2 Japan
  • 9.4.3 India
  • 9.4.4 South Korea
  • 9.4.5 Indonesia
  • 9.4.6 Malaysia
  • 9.4.7 Rest of Asia-Pacific
• 9.5 Latin America
  • 9.5.1 Mexico
  • 9.5.2 Brazil
  • 9.5.3 Rest of Latin America
• 9.6 Middle East & Africa
  • 9.6.1 UAE
  • 9.6.2 Saudi Arabia
  • 9.6.3 Rest of Middle East & Africa

10. Global Drilling Fluids Market Assessment-Competitive Analysis

• 10.1 Overview
• 10.2 Key Growth Strategies
• 10.3 Competitive Benchmarking
• 10.4 Competitive Dashboard
  • 10.4.1 Industry Leaders
  • 10.4.2 Market differentiators
  • 10.4.3 Vanguards
  • 10.4.4 Emerging Companies
• 10.5 Market Ranking, by Key Players

11. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Recent Developments)

• 11.1 Baker Hughes Company (U.S.)
• 11.2 Halliburton Energy Services, Inc. (U.S.)
• 11.3 CES Energy Solutions Corp. (Canada)
• 11.4 Newpark Resources, Inc. (U.S.)
• 11.5 TETRA Technologies, Inc. (U.S.)
• 11.6 Paragon Integrated Services Group (U.S.)
• 11.7 SECURE Energy Services Inc. (Canada)
• 11.8 NorthStar Fluid Solutions LLC (U.S.)
• 11.9 Schlumberger Limited (U.S.)
• 11.10 Petrochem Performance Chemicals LLC (UAE)
• 11.11 Chevron Phillips Chemical Company LLC (U.S.)
• 11.12 Proec Energy Limited (India)
• 11.13 United Mud-Chem Pvt. Ltd. (India)
• 11.14 Ennor Muds & Chemicals (India)
• 11.15 Global Drilling Fluids and Chemical Limited (India)
• 11.16 Sagemines (DIAMOCO Group) (France)
• 11.17 Catalyst (India)
• 11.18 Gumpro Drilling Fluids (India)
• 11.19 Vink Drilling Fluid Solutions Private Limited (India)

(Note: SWOT Analysis of the Top 5 Companies will be Provided)

12. Appendix

• 12.1 Available Customization
• 12.2 Related Reports