Offshore Drilling Fluid Market by Type, Applications, End-user Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. High bargaining power of suppliers
3.3.2. Moderate bargaining power of buyers
3.3.3. Moderate threat of substitutes
3.3.4. High threat of new entrants
3.3.5. Moderate intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Growing investment to boost economy
3.4.1.2. Increased exploration activities in untapped hydrocarbon reserves
3.4.2. Restraints
3.4.2.1. Environmental threats from toxic waste
3.4.3. Opportunities
3.4.3.1. Increasing demand for primary energy
3.5. COVID-19 Impact Analysis on the market
3.6. Market Share Analysis
3.7. Patent Landscape
3.8. Value Chain Analysis

CHAPTER 4: OFFSHORE DRILLING FLUID MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Oil-Based Fluids
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Water-Based Fluids
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Synthetic-Based Fluids
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Others
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country

CHAPTER 5: OFFSHORE DRILLING FLUID MARKET, BY APPLICATIONS
5.1. Overview
5.1.1. Market size and forecast
5.2. Oil and Gas Extraction
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Maintain Wellbore Stability
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Mineral Extraction
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Others
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country

CHAPTER 6: OFFSHORE DRILLING FLUID MARKET, BY END USER INDUSTRY
6.1. Overview
6.1.1. Market size and forecast
6.2. Oil and Gas
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Energy Industry
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Others
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country

CHAPTER 7: OFFSHORE DRILLING FLUID MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key trends and opportunities
7.2.2. Market size and forecast, by Type
7.2.3. Market size and forecast, by Applications
7.2.4. Market size and forecast, by End user industry
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Key market trends, growth factors and opportunities
7.2.5.1.2. Market size and forecast, by Type
7.2.5.1.3. Market size and forecast, by Applications
7.2.5.1.4. Market size and forecast, by End user industry
7.2.5.2. Canada
7.2.5.2.1. Key market trends, growth factors and opportunities
7.2.5.2.2. Market size and forecast, by Type
7.2.5.2.3. Market size and forecast, by Applications
7.2.5.2.4. Market size and forecast, by End user industry
7.2.5.3. Mexico
7.2.5.3.1. Key market trends, growth factors and opportunities
7.2.5.3.2. Market size and forecast, by Type
7.2.5.3.3. Market size and forecast, by Applications
7.2.5.3.4. Market size and forecast, by End user industry
7.3. Europe
7.3.1. Key trends and opportunities
7.3.2. Market size and forecast, by Type
7.3.3. Market size and forecast, by Applications
7.3.4. Market size and forecast, by End user industry
7.3.5. Market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Key market trends, growth factors and opportunities
7.3.5.1.2. Market size and forecast, by Type
7.3.5.1.3. Market size and forecast, by Applications
7.3.5.1.4. Market size and forecast, by End user industry
7.3.5.2. UK
7.3.5.2.1. Key market trends, growth factors and opportunities
7.3.5.2.2. Market size and forecast, by Type
7.3.5.2.3. Market size and forecast, by Applications
7.3.5.2.4. Market size and forecast, by End user industry
7.3.5.3. France
7.3.5.3.1. Key market trends, growth factors and opportunities
7.3.5.3.2. Market size and forecast, by Type
7.3.5.3.3. Market size and forecast, by Applications
7.3.5.3.4. Market size and forecast, by End user industry
7.3.5.4. Italy
7.3.5.4.1. Key market trends, growth factors and opportunities
7.3.5.4.2. Market size and forecast, by Type
7.3.5.4.3. Market size and forecast, by Applications
7.3.5.4.4. Market size and forecast, by End user industry
7.3.5.5. Spain
7.3.5.5.1. Key market trends, growth factors and opportunities
7.3.5.5.2. Market size and forecast, by Type
7.3.5.5.3. Market size and forecast, by Applications
7.3.5.5.4. Market size and forecast, by End user industry
7.3.5.6. Russia
7.3.5.6.1. Key market trends, growth factors and opportunities
7.3.5.6.2. Market size and forecast, by Type
7.3.5.6.3. Market size and forecast, by Applications
7.3.5.6.4. Market size and forecast, by End user industry
7.3.5.7. Rest of Europe
7.3.5.7.1. Key market trends, growth factors and opportunities
7.3.5.7.2. Market size and forecast, by Type
7.3.5.7.3. Market size and forecast, by Applications
7.3.5.7.4. Market size and forecast, by End user industry
7.4. Asia-Pacific
7.4.1. Key trends and opportunities
7.4.2. Market size and forecast, by Type
7.4.3. Market size and forecast, by Applications
7.4.4. Market size and forecast, by End user industry
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Key market trends, growth factors and opportunities
7.4.5.1.2. Market size and forecast, by Type
7.4.5.1.3. Market size and forecast, by Applications
7.4.5.1.4. Market size and forecast, by End user industry
7.4.5.2. Japan
7.4.5.2.1. Key market trends, growth factors and opportunities
7.4.5.2.2. Market size and forecast, by Type
7.4.5.2.3. Market size and forecast, by Applications
7.4.5.2.4. Market size and forecast, by End user industry
7.4.5.3. India
7.4.5.3.1. Key market trends, growth factors and opportunities
7.4.5.3.2. Market size and forecast, by Type
7.4.5.3.3. Market size and forecast, by Applications
7.4.5.3.4. Market size and forecast, by End user industry
7.4.5.4. South Korea
7.4.5.4.1. Key market trends, growth factors and opportunities
7.4.5.4.2. Market size and forecast, by Type
7.4.5.4.3. Market size and forecast, by Applications
7.4.5.4.4. Market size and forecast, by End user industry
7.4.5.5. Australia
7.4.5.5.1. Key market trends, growth factors and opportunities
7.4.5.5.2. Market size and forecast, by Type
7.4.5.5.3. Market size and forecast, by Applications
7.4.5.5.4. Market size and forecast, by End user industry
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Key market trends, growth factors and opportunities
7.4.5.6.2. Market size and forecast, by Type
7.4.5.6.3. Market size and forecast, by Applications
7.4.5.6.4. Market size and forecast, by End user industry
7.5. LAMEA
7.5.1. Key trends and opportunities
7.5.2. Market size and forecast, by Type
7.5.3. Market size and forecast, by Applications
7.5.4. Market size and forecast, by End user industry
7.5.5. Market size and forecast, by country
7.5.5.1. Brazil
7.5.5.1.1. Key market trends, growth factors and opportunities
7.5.5.1.2. Market size and forecast, by Type
7.5.5.1.3. Market size and forecast, by Applications
7.5.5.1.4. Market size and forecast, by End user industry
7.5.5.2. Saudi Arabia
7.5.5.2.1. Key market trends, growth factors and opportunities
7.5.5.2.2. Market size and forecast, by Type
7.5.5.2.3. Market size and forecast, by Applications
7.5.5.2.4. Market size and forecast, by End user industry
7.5.5.3. UAE
7.5.5.3.1. Key market trends, growth factors and opportunities
7.5.5.3.2. Market size and forecast, by Type
7.5.5.3.3. Market size and forecast, by Applications
7.5.5.3.4. Market size and forecast, by End user industry
7.5.5.4. Iran, Islamic Republic Of
7.5.5.4.1. Key market trends, growth factors and opportunities
7.5.5.4.2. Market size and forecast, by Type
7.5.5.4.3. Market size and forecast, by Applications
7.5.5.4.4. Market size and forecast, by End user industry
7.5.5.5. Rest of LAMEA
7.5.5.5.1. Key market trends, growth factors and opportunities
7.5.5.5.2. Market size and forecast, by Type
7.5.5.5.3. Market size and forecast, by Applications
7.5.5.5.4. Market size and forecast, by End user industry

CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021

CHAPTER 9: COMPANY PROFILES
9.1. Halliburton Company
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Business performance
9.2. Baker Hughes Inc.
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.3. National Oilwell Varco, Inc.
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.4. Shell Plc.
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Business performance
9.5. General Electric
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.6. Akzo Nobel N.V.
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.7. Gumpro Drilling Fluids Pvt. Ltd
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.8. China Oilfield Services Limited
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.9. Weatherford International Ltd.
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.10. National Energy Services Reunited Corp.
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance

List of Tables
Table 01. Global Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 02. Offshore Drilling Fluid Market for Oil-Based Fluids, by Region, 2021-2031 (Revenue, $Million)
Table 03. Offshore Drilling Fluid Market for Water-Based Fluids, by Region, 2021-2031 (Revenue, $Million)
Table 04. Offshore Drilling Fluid Market for Synthetic-Based Fluids, by Region, 2021-2031 (Revenue, $Million)
Table 05. Offshore Drilling Fluid Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 06. Global Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 07. Offshore Drilling Fluid Market for Oil and Gas Extraction, by Region, 2021-2031 (Revenue, $Million)
Table 08. Offshore Drilling Fluid Market for Maintain Wellbore Stability, by Region, 2021-2031 (Revenue, $Million)
Table 09. Offshore Drilling Fluid Market for Mineral Extraction, by Region, 2021-2031 (Revenue, $Million)
Table 10. Offshore Drilling Fluid Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 11. Global Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 12. Offshore Drilling Fluid Market for Oil and Gas, by Region, 2021-2031 (Revenue, $Million)
Table 13. Offshore Drilling Fluid Market for Energy Industry, by Region, 2021-2031 (Revenue, $Million)
Table 14. Offshore Drilling Fluid Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 15. Offshore Drilling Fluid Market, by Region, 2021-2031 (Revenue, $Million)
Table 16. North America Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 17. North America Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 18. North America Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 19. North America Offshore Drilling Fluid Market, by Country, 2021-2031 (Revenue, $Million)
Table 20. U.S. Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 21. U.S. Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 22. U.S. Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 23. Canada Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 24. Canada Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 25. Canada Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 26. Mexico Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 27. Mexico Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 28. Mexico Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 29. Europe Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 30. Europe Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 31. Europe Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 32. Europe Offshore Drilling Fluid Market, by Country, 2021-2031 (Revenue, $Million)
Table 33. Germany Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 34. Germany Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 35. Germany Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 36. UK Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 37. UK Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 38. UK Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 39. France Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 40. France Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 41. France Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 42. Italy Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 43. Italy Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 44. Italy Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 45. Spain Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 46. Spain Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 47. Spain Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 48. Russia Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 49. Russia Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 50. Russia Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 51. Rest of Europe Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 52. Rest of Europe Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 53. Rest of Europe Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 54. Asia-Pacific Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 55. Asia-Pacific Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 56. Asia-Pacific Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 57. Asia-Pacific Offshore Drilling Fluid Market, by Country, 2021-2031 (Revenue, $Million)
Table 58. China Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 59. China Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 60. China Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 61. Japan Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 62. Japan Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 63. Japan Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 64. India Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 65. India Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 66. India Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 67. South Korea Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 68. South Korea Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 69. South Korea Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 70. Australia Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 71. Australia Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 72. Australia Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 73. Rest of Asia-Pacific Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 74. Rest of Asia-Pacific Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 75. Rest of Asia-Pacific Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 76. LAMEA Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 77. LAMEA Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 78. LAMEA Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 79. LAMEA Offshore Drilling Fluid Market, by Country, 2021-2031 (Revenue, $Million)
Table 80. Brazil Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 81. Brazil Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 82. Brazil Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 83. Saudi Arabia Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 84. Saudi Arabia Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 85. Saudi Arabia Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 86. Uae Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 87. Uae Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 88. Uae Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 89. Iran, Islamic Republic of Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 90. Iran, Islamic Republic of Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 91. Iran, Islamic Republic of Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 92. Rest of LAMEA Offshore Drilling Fluid Market, by Type, 2021-2031 (Revenue, $Million)
Table 93. Rest of LAMEA Offshore Drilling Fluid Market, by Applications, 2021-2031 (Revenue, $Million)
Table 94. Rest of LAMEA Offshore Drilling Fluid Market, by End-user Industry, 2021-2031 (Revenue, $Million)
Table 95. Halliburton Company: Key Executives
Table 96. Halliburton Company: Company Snapshot
Table 97. Halliburton Company: Product Segments
Table 98. Halliburton Company: Product Portfolio
Table 99. Baker Hughes Inc.: Key Executives
Table 100. Baker Hughes Inc.: Company Snapshot
Table 101. Baker Hughes Inc.: Product Segments
Table 102. Baker Hughes Inc.: Product Portfolio
Table 103. National Oilwell Varco, Inc.: Key Executives
Table 104. National Oilwell Varco, Inc.: Company Snapshot
Table 105. National Oilwell Varco, Inc.: Product Segments
Table 106. National Oilwell Varco, Inc.: Product Portfolio
Table 107. Shell plc.: Key Executives
Table 108. Shell plc.: Company Snapshot
Table 109. Shell plc.: Product Segments
Table 110. Shell plc.: Product Portfolio
Table 111. General Electric: Key Executives
Table 112. General Electric: Company Snapshot
Table 113. General Electric: Service Segments
Table 114. General Electric: Product Portfolio
Table 115. Akzo Nobel N.V.: Key Executives
Table 116. Akzo Nobel N.V.: Company Snapshot
Table 117. Akzo Nobel N.V.: Service Segments
Table 118. Akzo Nobel N.V.: Product Portfolio
Table 119. Gumpro Drilling Fluids Pvt. Ltd: Key Executives
Table 120. Gumpro Drilling Fluids Pvt. Ltd: Company Snapshot
Table 121. Gumpro Drilling Fluids Pvt. Ltd: Product Segments
Table 122. Gumpro Drilling Fluids Pvt. Ltd: Product Portfolio
Table 123. China Oilfield Services Limited: Key Executives
Table 124. China Oilfield Services Limited: Company Snapshot
Table 125. China Oilfield Services Limited: Service Segments
Table 126. China Oilfield Services Limited: Product Portfolio
Table 127. Weatherford International Ltd.: Key Executives
Table 128. Weatherford International Ltd.: Company Snapshot
Table 129. Weatherford International Ltd.: Product Segments
Table 130. Weatherford International Ltd.: Product Portfolio
Table 131. National Energy Services Reunited Corp.: Key Executives
Table 132. National Energy Services Reunited Corp.: Company Snapshot
Table 133. National Energy Services Reunited Corp.: Service Segments
Table 134. National Energy Services Reunited Corp.: Product Portfolio

List of Figures
Figure 01. Offshore Drilling Fluid Market, 2021-2031
Figure 02. Segmentation of Offshore Drilling Fluid Market, 2021-2031
Figure 03. Top Investment Pockets in Offshore Drilling Fluid Market (2022-2031)
Figure 04. High Bargaining Power of Suppliers
Figure 05. Moderate Bargaining Power of Buyers
Figure 06. Moderate Threat of Substitutes
Figure 07. High Threat of New Entrants
Figure 08. Moderate Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globaloffshore Drilling Fluid Market
Figure 10. Market Share Analysis: Offshore Drilling Fluid Market
Figure 11. Patent Analysis by Company
Figure 12. Patent Analysis by Country
Figure 13. Value Chain Analysis: Offshore Drilling Fluid Market
Figure 14. Offshore Drilling Fluid Market, by Type, 2021 (%)
Figure 15. Comparative Share Analysis of Offshore Drilling Fluid Market for Oil-Based Fluids, by Country 2021-2031 (%)
Figure 16. Comparative Share Analysis of Offshore Drilling Fluid Market for Water-Based Fluids, by Country 2021-2031 (%)
Figure 17. Comparative Share Analysis of Offshore Drilling Fluid Market for Synthetic-Based Fluids, by Country 2021-2031 (%)
Figure 18. Comparative Share Analysis of Offshore Drilling Fluid Market for Others, by Country 2021-2031 (%)
Figure 19. Offshore Drilling Fluid Market, by Applications, 2021 (%)
Figure 20. Comparative Share Analysis of Offshore Drilling Fluid Market for Oil and Gas Extraction, by Country 2021-2031 (%)
Figure 21. Comparative Share Analysis of Offshore Drilling Fluid Market for Maintain Wellbore Stability, by Country 2021-2031 (%)
Figure 22. Comparative Share Analysis of Offshore Drilling Fluid Market for Mineral Extraction, by Country 2021-2031 (%)
Figure 23. Comparative Share Analysis of Offshore Drilling Fluid Market for Others, by Country 2021-2031 (%)
Figure 24. Offshore Drilling Fluid Market, by End-user Industry, 2021 (%)
Figure 25. Comparative Share Analysis of Offshore Drilling Fluid Market for Oil and Gas, by Country 2021-2031 (%)
Figure 26. Comparative Share Analysis of Offshore Drilling Fluid Market for Energy Industry, by Country 2021-2031 (%)
Figure 27. Comparative Share Analysis of Offshore Drilling Fluid Market for Others, by Country 2021-2031 (%)
Figure 28. Offshore Drilling Fluid Market by Region, 2021
Figure 29. U.S. Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 30. Canada Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 31. Mexico Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 32. Germany Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 33. UK Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 34. France Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 35. Italy Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 36. Spain Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 37. Russia Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 38. Rest of Europe Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 39. China Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 40. Japan Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 41. India Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 42. South Korea Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 43. Australia Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 44. Rest of Asia-Pacific Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 45. Brazil Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 46. Saudi Arabia Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 47. Uae Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 48. Iran, Islamic Republic of Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 49. Rest of LAMEA Offshore Drilling Fluid Market, 2021-2031 ($Million)
Figure 50. Top Winning Strategies, by Year
Figure 51. Top Winning Strategies, by Development
Figure 52. Top Winning Strategies, by Company
Figure 53. Product Mapping of Top 10 Players
Figure 54. Competitive Dashboard
Figure 55. Competitive Heatmap: Offshore Drilling Fluid Market
Figure 56. Top Player Positioning, 2021
Figure 57. Halliburton Company: Net Revenue, 2019-2021 ($Million)
Figure 58. Halliburton Company: Research & Development Expenditure, 2019-2021
Figure 59. Halliburton Company: Revenue Share by Segment, 2021 (%)
Figure 60. Halliburton Company: Revenue Share by Region, 2021 (%)
Figure 61. Baker Hughes Inc.: Net Revenue, 2019-2021 ($Million)
Figure 62. Baker Hughes Inc.: Research & Development Expenditure, 2019-2021
Figure 63. Baker Hughes Inc.: Revenue Share by Segment, 2021 (%)
Figure 64. Baker Hughes Inc.: Revenue Share by Region, 2021 (%)
Figure 65. National Oilwell Varco, Inc.: Net Revenue, 2019-2021 ($Million)
Figure 66. National Oilwell Varco, Inc.: Revenue Share by Segment, 2021 (%)
Figure 67. National Oilwell Varco, Inc.: Revenue Share by Region, 2021 (%)
Figure 68. Shell plc.: Net Revenue, 2019-2021 ($Million)
Figure 69. Shell plc.: Revenue Share by Segment, 2021 (%)
Figure 70. General Electric: Net Revenue, 2019-2021 ($Million)
Figure 71. General Electric: Research & Development Expenditure, 2019-2021
Figure 72. General Electric: Revenue Share by Segment, 2021 (%)
Figure 73. General Electric: Revenue Share by Region, 2021 (%)
Figure 74. Akzo Nobel N.V.: Net Revenue, 2019-2021 ($Million)
Figure 75. Akzo Nobel N.V.: Revenue Share by Segment, 2021 (%)
Figure 76. Akzo Nobel N.V.: Revenue Share by Region, 2021 (%)
Figure 77. China Oilfield Services Limited: Net Revenue, 2019-2021 ($Million)
Figure 78. China Oilfield Services Limited: Revenue Share by Segment, 2021 (%)
Figure 79. Weatherford International Ltd.: Net Sales, 2019-2021 ($Million)
Figure 80. Weatherford International Ltd.: Revenue Share by Segment, 2021 (%)
Figure 81. Weatherford International Ltd.: Revenue Share by Region, 2021 (%)
Figure 82. National Energy Services Reunited Corp.: Net Revenue, 2018-2020 ($Million)

Executive Summary

According to the report titled, “Offshore Drilling Fluid Market," The offshore drilling fluid market was valued at $3.2 billion in 2021, and is estimated to reach $4.8 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.

Drilling fluids are also known as drilling muds. They are a significant part of drilling activities that takes place in industries such as mineral extraction, oil & gas extraction, and bore wells. The main purpose of the drilling fluids is to grease up and cool the drilling bits, evacuate cuttings, control the formation pressure and keep up the stability of the well. The drilling fluids are majorly used as shale inhibitors, corrosion inhibitors, defoamers, emulsifiers, filtration reducers, breakers, biocides, and weighting operators, with particular additives.

Expanding support to manage the energy demand predominantly from North America and Europe is expected to drive market growth during the projection years. Moreover, a developing number of profound water discoveries in the Persian Gulf and Pacific areas is also anticipated to further boost the demand for the offshore drilling fluid market during the estimation period. Several manufacturing companies are now emphasizing developing new solutions. This is being practiced owing to the advantages and benefits of nanotechnology which are far greater in competing with mechanical and natural challenges. In addition, the increased maintenance costs have also prompted companies to look for cost-effective measures for drilling.

Furthermore, environmental dangers related to offshore areas have also encouraged companies to deploy mud for efficient exploration activities. Meanwhile, growing interests in maximizing production rates for the purpose of enhancing productivity is expected to boost the market growth for offshore drilling fluids. Mitigating gas-related capital expenditures is also required to drive the market for offshore drilling fluids in the near future. The Middle East and Africa including, Maydan Mahzam and Bul Hanine fields are anticipated to drive the demand throughout the forecast period. This is owed to increased activities in the LAMEA region in addition to it being the largest reserve for fossil fuels.

The offshore drilling market size is studied on the basis of type, application, end user industry, and region. Based on type it is categorized into oil-based fluids (OBF), water-based fluids (WBF), synthetic-based fluids (SBF), and others. Oil-based fluid segment dominate the market share for 2021 owing to increased drilling activities in the oil and gas exploration and extraction industry. Water-based fluid is the second-largest segment in the global market in 2021. Water-based fluids are majorly used in operations that are largely dependent on the condition of the well. It comprises formate brine or saturated brine and fresh water. The rising concerns regarding the toxic nature of the drilling fluids are raising restraints on market growth. Moreover, the biodegradation of other drilling fluids is also expected to play a vital role in rising product demand during the projected period. Water-based oil is expected to gain significance in the projection period owing to its ease of use and discharge feature in offshore activities. The rise in demand for an efficient fluid system in high-pressure and high-temperature wells is anticipated to trigger the demand for water-based oils.

Depending on the application, the market bifurcation is done into oil and gas extraction, maintaining wellbore stability, mineral extraction, and others. The oil and gas extraction application garnered the highest market share. This was owed to the increased exploration and extraction activities that require the drilling of new wells and offshore sites. Mineral extraction application was the second highest contributor in the market revenue for 2021. After that, wellbore stability was the third largest contributor to the market. With wells becoming ever more challenging, tight holes, caving, pack-offs, and losses can impact the company’s variable costs. Wellbore instability is one of the major issues that are faced during the drilling process. They can be caused by mechanical (for example, failure of the rock around the hole. because of high stresses, and low rock strength) or improper drilling actions. To prevent any loss that may be incurred during the drilling exercise, proper drilling fluids are used. They are used in a mandatory composition according to weather and extraction conditions. This acts as a driving factor for the offshore drilling fluid market.
- On the basis of end user industry, the market segmentation is done into oil and gas, energy industry, and others. The oil and gas industry was the major shareholder of the market revenue for 2021. It was the major consumer driving the demand for drilling fluids, especially for offshore activities. This was owed to the increased dependence on fossil fuels which has in turn led to investments pouring in for exploration and extraction activities. The market growth was also driven by the energy sector owing to increased demand for primary energy. To meet the ever-rising energy demand, the supply side of the energy sector is exploring exploration activities that require applications of drilling fluids. Region-wise, the offshore drilling fluid market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the market for 2021 in terms of revenue. The major contribution to this was due to the presence of the largest proven oil and natural gas reserves. Economies like the U.S. and Canada held the majority of the share in the region due to the advantage of holding fossil reserves. These geographies are further sub-categorized into countries to cover offshore drilling fluid market scenarios across in respective regions. Asia Pacific is expected to witness growth due to the exploration of deep waters and tight oil reserves in the region. Implementation of advanced technologies to reduce production costs and enhance efficiency is playing an important role in the growth of the market in the region and is expected to expand further in the coming years.
- The key players operating in the offshore drilling fluid industry are Halliburton Company, Aker Hughes Inc., General Electric, Akzo Nobel N.V., China Oilfield Services Limited, National Energy Services Reunited Corp., National Oilwell Varco, Inc., Shell Plc., Gumpro Drilling Fluids Pvt. Ltd, and Weatherford International Ltd. The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investments. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain the intense competition in the industry.

Companies Mentioned

• Halliburton Company
• Baker Hughes Inc.
• General Electric
• Akzo Nobel N.V.
• China Oilfield Services Limited
• National Energy Services Reunited Corp.
• National Oilwell Varco, Inc.
• Shell Plc.
• Gumpro Drilling Fluids Pvt. Ltd
• Weatherford International Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.