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Europe Drilling & Completion Fluids Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773065
  • Report
  • Region: Europe
  • Allied Analytics LLP
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Drilling and completion fluids are most crucial for carrying out any drilling and exploration activity, and have large application in onshore as well as offshore gas & oil activities. The fluids are used for the purpose of suspending cuttings, controlling pressure, providing buoyancy, stabilizing exposed rock and cooling & lubricating. Drilling and completion fluids apply different types of fluids, such as water-based, oil-based, synthetic-based systems, and the choice of the base fluid depends on the cost, performance level, and environmental factors.

The European drilling & completion fluids market is driven by rapid growing drilling activities coupled with increasing volumes of oil & gas production. Concerns regarding environmental impact of drilling fluids is a key restraining factor that is expected to hinder the growth of the market. Development of advanced drilling fluid chemicals and focus on deep & ultra-deepwater reserves are key factors that would offer abundant growth opportunities in the market.

The report segments the European drilling and completion fluids market on the basis of types, application and countries. On the basis of types, the market is segmented into water-based, synthetic-based, oil-based and others. On the basis of applications, the market is segmented into onshore and offshore. On the basis of countries, the market is segmented into Russia, Norway and U.K.

Key industry players operating in this region are Baker Hughes, Halliburto, M-I Swaco, Newpark Resources Inc, Tetra Technologies Inc., AkzoNobel NV and National Oilwell Varco Inc.

KEY BENEFITS FOR STAKEHOLDERS:

The report provides a comprehensive analysis of current & future market trends and emerging avenues for the growth of the market across Europe.
The report offers an overview of changing market dynamics in terms of fast turn-around analysis of stakeholders responses to recent industry policy changes and market trends.
The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
This report involves the detailed quantitative analysis of the current market and estimations through 2014 and 2020, which assists in identifying the prevailing market opportunities.
The report offers comprehensive coverage of product approvals, pipeline products, and product recalls.
The report offers strategic analysis of financial status of key players, and highlights market share of key vendors.
The report offers information on the status of new projects along with offering investment feasibility analysis of the same.
Tools such as Porters Five Forces model help in understanding the potentiality of key buyers and sellers.

EUROPE DRILLING AND COMPLETION FLUIDS MARKET KEY SEGMENTS:

Europe Drilling & Completion Fluids Market By Type

Water-based systems
Oil-based systems
Synthetic-based systems
Others

Europe Drilling & Completion Fluids Market By Application

Onshore
Offshore

Europe Drilling & Completion Fluids Market By Country

Russia
Norway
U.K.

Key Company Profile

Baker Hughes
Halliburto
M-I Swaco
Newpark Resources Inc
Tetra Technologies Inc.
AkzoNobel NV
National Oilwell Varco Inc.



* This report will be delivered in 12 Business Days. *
Note: Product cover images may vary from those shown
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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.

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