Onshore Drilling Fluid Market in US 2024-2028

Description

List of Tables

The onshore drilling fluid market in US is forecasted to grow by USD 401.08 mn during 2023-2028, accelerating at a CAGR of 4.45% during the forecast period. The report on the onshore drilling fluid market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in demand for oil and natural gas, rise in unconventional oil and gas resources in US, and increasing demand for drilling longer lateral lengths.

Technavio's onshore drilling fluid market in US is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.25%
CAGR	4.45%
Incremental Value	$401.08mn

By Product Type

Water-based
Oil-based
Synthetic-based

By Method

HPHT
Conventional

By Type

Permian
Eagle Ford
Niobrara
Others

This study identifies the rise in demand for sustainable onshore drilling fluids as one of the prime reasons driving the onshore drilling fluid market in US growth during the next few years. Also, emergence of next-generation automated drilling rigs and continuous growth in demand for oil from Permian basin will lead to sizable demand in the market.

The report on the onshore drilling fluid market in US covers the following areas:

Onshore drilling fluid market in US sizing
Onshore drilling fluid market in US forecast
Onshore drilling fluid market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading onshore drilling fluid market in US vendors that include Active Minerals International LLC, Baker Hughes Co., CES Energy Solutions Corp., Chevron Phillips Chemical Co. LLC, Diversity Technologies Corp., Economy Polymers and Chemicals, FDF Energy, Global Drilling Fluids and Chemicals Ltd., Gumpro Drilling Fluids, Halliburton Co., HMC Fluids and Engineering, Imdex Ltd., Impact Fluid Solutions, MATRIX Construction Products LLC, Newpark Resources Inc., NOV Inc., Quaker Chemical Corp., Schlumberger Ltd., SUPREME DRILLING FLUID CHEMICALS, Weatherford International Plc, and China Petroleum and Chemical Corp.. Also, the onshore drilling fluid market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77760

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Onshore drilling fluid market in US 2018 - 2022
4.2 Product Type Segment Analysis 2018 - 2022
4.3 Method Segment Analysis 2018 - 2022
4.4 Type Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Product Type

6.1 Market segments
6.2 Comparison by Product Type
6.3 Water-based - Market size and forecast 2023-2028
6.4 Oil-based - Market size and forecast 2023-2028
6.5 Synthetic-based - Market size and forecast 2023-2028
6.6 Market opportunity by Product Type

7 Market Segmentation by Method

7.1 Market segments
7.2 Comparison by Method
7.3 HPHT - Market size and forecast 2023-2028
7.4 Conventional - Market size and forecast 2023-2028
7.5 Market opportunity by Method

8 Market Segmentation by Type

8.1 Market segments
8.2 Comparison by Type
8.3 Permian - Market size and forecast 2023-2028
8.4 Eagle Ford - Market size and forecast 2023-2028
8.5 Niobrara - Market size and forecast 2023-2028
8.6 Others - Market size and forecast 2023-2028
8.7 Market opportunity by Type

9 Customer Landscape

9.1 Customer landscape overview

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Active Minerals International LLC
12.4 Baker Hughes Co.
12.5 CES Energy Solutions Corp.
12.6 Chevron Phillips Chemical Co. LLC
12.7 China Petroleum and Chemical Corp.
12.8 FDF Energy
12.9 Global Drilling Fluids and Chemicals Ltd.
12.10 Gumpro Drilling Fluids
12.11 HMC Fluids and Engineering
12.12 Imdex Ltd.
12.13 Newpark Resources Inc.
12.14 NOV Inc.
12.15 Schlumberger Ltd.
12.16 SUPREME DRILLING FLUID CHEMICALS
12.17 Weatherford International Plc

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations