U.S. Onshore Drilling Fluids Market Is Anticipated To Reach USD 1.22 U.S. Onshore Drilling Fluids Market 2025

U.S. Onshore Drilling Fluids Market Is
Anticipated To Reach USD 1.22 billion by
2025: Radiant Insights, Inc
“Surfactants, emulsifiers, & wetting agentsegment
emerged as the fastest growing segment in synthetic
mud additivesmarket with a CAGR of 4.8% from
2017 to 2025.”
The U.S. onshore drilling fluids market is expected to reach USD 1.22 billion by 2025. Rising E&P to
enhance productivity in conventional oil & gas fields particularly in Marcellus, Eagleford, Bakken,
and Permian basins in the U.S. is expected to steer boringmud demand in the region, over the
forecast period.
OBF accounted over 27% of market in 2016 and is expected to lose share to the WBF systems over
the forecast period. Owing to its enhanced lubricity, OBF are expected to sustain its significance
over the forecast period. OBF minimizes torque and drag of drill pipes, thereby reducing corrosion
of boring tools in deviated wellbore activities.
Bakken accounted for over 44% of the U.S. proven oil reserves and over 40% of the global proven
natural gas reserves in 2014. The presence of large number of unexplored hydrocarbon rich
reserves, in onshore basins, coupled with the large dependency of the regional economy on the oil
& gas industry is expected have immense potential in the near future.
Click For Report Details @ http://www.radiantinsights.com/research/u-s-onshore-
drilling-fluids-market
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