Market research Future Drilling and Completion Fluids Market 2018. | Page 2
Drilling and Completion Fluids Market Research Report- Forecast to 2027
1 Summary
Being an essential for the drilling and exploration activities the Drilling and Completion Fluids market is
heavily dependent on the Oil and Gas industry. Drilling fluids are used to provide lubrication, avoid friction
during drilling activities. Considering the oil and gas industry is recovering from the recent price crisis, the
growth in the oil and gas industry is imminent which would result in a complimentary increase in the
demand in the Drilling and Completion Fluids market.
Market Research Analysis: -
Regional Analysis of Drilling and Completion Fluids Market
North America is the leading region for this market mainly due to the increased exploration activities in
USA and Canada. Huge shale gas reserves in the North America region are also resulting in increased
offshore activities in this region resulting in boosting the Drilling and Completion Fluids market. The
market has also been categorized on the basis of application into drilling, completion, and workover
operations.
Segments
The Drilling and Completion Fluids market has been segmented in the basis of Well type as Land and
offshore. On the basis of type, the market has been segmented as water-based systems, oil-based systems,
synthetic-based systems, foams, and other fluids.
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