Asia Pacific Drilling and Completion Fluid Market is Estimated to Reach $2,223.5 Million By 2019 – A Market Report By MicroMarket Monitor

Share Article

The Asia Pacific Drilling and Completion Fluid Market is expected to reach $2,223.5 million by 2019, driven by the increasing drilling activities in the region.

MicroMarket Monitor

MicroMarket Monitor

The Key Players of the Asia Pacific Drilling & Completion Fluid Market include Schlumberger Ltd., Halliburton Co., Baker Hughes Inc., and Weatherford International Ltd., among others.

The drilling and completion fluid market, by application in Asia-Pacific is estimated to grow from $1,633.4 million in 2013 to $2,223.5 million by 2019, at a CAGR of 4.7% from 2014 to 2019

Browse through the TOC of Asia-Pacific Drilling & Completion Fluid Market for an analysis of industry trends, segments and forecasts.

The increasing energy demand, rise in population, and the discovery of new shale reserves are driving oil & gas companies to drill at increased depths in deep and ultra-deep water areas. The recent increase in oilfield discoveries and rise in drilling activities, especially for those focusing on crude oil, has positively impacted the drilling and completion fluid market in the Asia-Pacific region. The price trends of crude oil and natural gas are supporting drilling and exploration in remote offshore reserves.

Ask for Discount @

Asia-Pacific is one of the largest markets for drilling and completion fluids, due to the increased exploration and production activities in the region. China has the maximum number of shale reserves as compared to other regions in Asia-Pacific. Moreover, China is the biggest market in Asia-Pacific, and as of 2013, contributed a major share of over 50.0% in the drilling and completion fluid market in Asia-Pacific.

Speak to Analyst @

The Asia-Pacific drilling and completion fluid market has been segmented and forecast on the basis of base fluid, application, and geography. Water-based, oil-based, and synthetic-based systems are the key types of drilling and completion fluids, depending on the type of base fluid used. In terms of application, the market has been segmented into offshore and onshore segments. China, Australia, Thailand, India, and Indonesia, are among the key countries considered for the geographic analysis of the Asia-Pacific market for drilling and completion fluids.

M-I SWACO (a part of Schlumberger Ltd.), Halliburton Co., and Baker Hughes Inc., are among the key companies operational in the Asia-Pacific drilling and completion fluid market. The leading companies of the market have been comprehensively profiled in the report, with emphasis on their financials, and growth strategies, including mergers & acquisitions, joint ventures, partnerships, and agreements.

Related Report:

North America Drilling and Completion Fluids Market

North America Drilling Fluid and Completion Fluid Market Forecast, 2013-2018’ analyzes the drilling fluids market by base fluid type, application, and geography. In terms of geography, the report is segmented into countries such as the U.S. and Canada. Types of drilling and completion fluid markets include water-based systems, oil-based systems, synthetic-based systems, and others (aerated foam, gaseous agents, and air as a base fluid mixed with various additives). The application areas covered are onshore and offshore areas.

Report Subscription:

MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Oil and Gas Industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Oil and Gas Industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Mr. Chandrasekhar K.
5601 Bridge Street
Suite 300
Fort Worth, TX 76112
Tel: +1-888-502-0539
Email: sales(at)micromarketmonitor(dot)com
Connect with us on LinkedIn at

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Mr. Chandrasekhar K.
Follow >
Micro Market Monitor
Like >
Visit website