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Global Onshore Fluids Market Size study, By Product Type (Water-Based Fluids, Oil-Based Fluids, Synthetic-Based Fluids), By Well Type (HPHT or High Pressure, High Temperature, Conventional), and Regional Forecasts 2022-2028

  • BIZ4983242
  • 200 Pages
  • June 2022
  • Energy and Power
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Global Onshore Fluids Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Onshore Fluids also known as drilling Mud can be defined as a heavy, viscous fluid mixture that is utilized in oil and gas drilling operations to carry rock cuttings to the surface. These fluids are also used to lubricate and cool the drill bit. There are three types of onshore fluids which are frequently used in drilling applications such as Water-Based Fluids, Oil-Based Fluids, and Synthetic-Based Fluids among others. The rising demand for crude oil worldwide and increasing utilization of onshore fluids in Oil and Gas Sector as well as recent acquisition activities are factors that are accelerating the global market demand. For instance, according to Statista – as of 2021, the global demand for crude oil was estimated at around 96.5 million barrels per day and as per projections the demand is likely to grow to 104.1 million barrels per day by end of 2026.Furthrermore, leading market players are working towards acquisitions activities to increase their geographical reach. For instance, in August 2021, Canada based Richardson International Limited Acquired Calgary based Control Chemical Corporation. Control Chemical corporation specializes in environmentally friendly drilling fluids and proprietary vegetable oil-based lubricants. This acquisition would help the company in strengthening its drilling fluid portfolio. Also, growing advancements in Oil and Gas Industry and surging investment towards crude oil exploration are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, rising concern over environmental impact of drilling fluids and stringent environmental regulations impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Onshore Fluids market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of collaborations between leading market players and recent development towards new oil fields. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as increasing penetration of leading market players and growing number of deep-water oil exploration in the region, would create lucrative growth prospects for the Onshore Fluids market across the Asia Pacific region.

Major market players included in this report are:

Baker Hughes Company (US)

Halliburton (US)

National Oilwell Varco (US)

Newpark Resources Inc. (US)

TETRA Technologies, Inc. (US)

Scomi Group Bhd (Malaysia)

CES Energy Solutions Corp. (Canada)

GEO Drilling Fluids, Inc. (US)

Weatherford (US)

Gumpro Drilling Fluids Pvt. Ltd. (India)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type

Water-Based Fluids

Oil-Based Fluids

Synthetic-Based Fluids

By Well Type

HPHT or High Pressure, High Temperature

Conventional

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Onshore Fluids Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Onshore Fluids Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Onshore Fluids Market, by Product Type, 2020-2028 (USD Million)

1.2.3. Global Onshore Fluids Market, by Well Type, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Onshore Fluids Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Onshore Fluids Market Dynamics

3.1. Onshore Fluids Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Rising demand for crude oil worldwide.

3.1.1.2. Increasing utilization of onshore fluids in Oil and Gas Sector.

3.1.1.3. Recent acquisition activities.

3.1.2. Market Challenges

3.1.2.1. Rising concern over environmental impact of drilling fluids

3.1.2.2. Stringent environmental regulations

3.1.3. Market Opportunities

3.1.3.1. Growing advancements in Oil and Gas Industry.

3.1.3.2. Surging investment towards crude oil exploration.

Chapter 4. Global Onshore Fluids Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Onshore Fluids Market, by Product Type

6.1. Market Snapshot

6.2. Global Onshore Fluids Market by Product Type, Performance - Potential Analysis

6.3. Global Onshore Fluids Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)

6.4. Onshore Fluids Market, Sub Segment Analysis

6.4.1. Water-Based Fluids

6.4.2. Oil-Based Fluids

6.4.3. Synthetic-Based Fluids

Chapter 7. Global Onshore Fluids Market, by Well Type

7.1. Market Snapshot

7.2. Global Onshore Fluids Market by Well Type, Performance - Potential Analysis

7.3. Global Onshore Fluids Market Estimates & Forecasts by Well Type 2018-2028 (USD Million)

7.4. Onshore Fluids Market, Sub Segment Analysis

7.4.1. HPHT or High Pressure, High Temperature

7.4.2. Conventional

Chapter 8. Global Onshore Fluids Market, Regional Analysis

8.1. Onshore Fluids Market, Regional Market Snapshot

8.2. North America Onshore Fluids Market

8.2.1. U.S. Onshore Fluids Market

8.2.1.1. Product Type estimates & forecasts, 2018-2028

8.2.1.2. Well Type estimates & forecasts, 2018-2028

8.2.2. Canada Onshore Fluids Market

8.3. Europe Onshore Fluids Market Snapshot

8.3.1. U.K. Onshore Fluids Market

8.3.2. Germany Onshore Fluids Market

8.3.3. France Onshore Fluids Market

8.3.4. Spain Onshore Fluids Market

8.3.5. Italy Onshore Fluids Market

8.3.6. Rest of Europe Onshore Fluids Market

8.4. Asia-Pacific Onshore Fluids Market Snapshot

8.4.1. China Onshore Fluids Market

8.4.2. India Onshore Fluids Market

8.4.3. Japan Onshore Fluids Market

8.4.4. Australia Onshore Fluids Market

8.4.5. South Korea Onshore Fluids Market

8.4.6. Rest of Asia Pacific Onshore Fluids Market

8.5. Latin America Onshore Fluids Market Snapshot

8.5.1. Brazil Onshore Fluids Market

8.5.2. Mexico Onshore Fluids Market

8.6. Rest of The World Onshore Fluids Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Baker Hughes Company (US)

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Halliburton (US)

9.2.3. National Oilwell Varco (US)

9.2.4. Newpark Resources Inc. (US)

9.2.5. TETRA Technologies, Inc. (US)

9.2.6. Scomi Group Bhd (Malaysia)

9.2.7. CES Energy Solutions Corp. (Canada)

9.2.8. GEO Drilling Fluids, Inc. (US)

9.2.9. Weatherford (US)

9.2.10. Gumpro Drilling Fluids Pvt. Ltd. (India)

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Onshore Fluids Market, report scope

TABLE 2. Global Onshore Fluids Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Onshore Fluids Market estimates & forecasts by Product Type 2018-2028 (USD Million)

TABLE 4. Global Onshore Fluids Market estimates & forecasts by Well Type 2018-2028 (USD Million)

TABLE 5. Global Onshore Fluids Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 6. Global Onshore Fluids Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Onshore Fluids Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Onshore Fluids Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Onshore Fluids Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Onshore Fluids Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Onshore Fluids Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Onshore Fluids Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Onshore Fluids Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Onshore Fluids Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. U.S. Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 17. U.S. Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. Canada Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 19. Canada Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. UK Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 22. UK Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. Germany Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 25. Germany Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. RoE Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 28. RoE Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. China Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 31. China Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. India Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 34. India Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. Japan Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 37. Japan Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. RoAPAC Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 40. RoAPAC Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. Brazil Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 43. Brazil Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Mexico Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 46. Mexico Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. RoLA Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 49. RoLA Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. Row Onshore Fluids Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 52. Row Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Onshore Fluids Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. List of secondary sources, used in the study of global Onshore Fluids Market

TABLE 55. List of primary sources, used in the study of global Onshore Fluids Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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