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Drilling Fluids & Completion Fluids Market (Water-Based Systems, Oil-Based Systems, Synthetic-Based Systems) Worth $15.0 Billion by 2018 - New Report by MarketsandMarkes
Date:9/17/2013

(PRWEB) September 17, 2013

The report "Drilling Fluids (Drilling Mud) Market and Completion Fluids Market: by Types (Water-Based Systems, Oil-Based Systems, Synthetic-Based Systems, Other Based Systems), Application Areas (Onshore and Offshore), & Geography - Global trends and forecast to 2018", defines and segments the global drilling fluids and completion fluids market with analysis and forecast of the revenue. The drilling fluids and completion fluids market will grow from an estimated $10.6 billion in 2013 to $15.2 billion by 2018, with a CAGR of 7.5% from 2013 to 2018.

Browse 12 market data tables and 126 figures spread through 181 slides and in-depth TOC on "Drilling Fluids (Drilling Mud) Market and Completion Fluids Market - Global trends and forecast to 2018".
http://www.marketsandmarkets.com/Market-Reports/drilling-completion-fluids-market-1241.html

Early buyers will receive 10% customization on this report.

North America: Largest Market for Drilling Fluids and Completion Fluids

North America holds the largest market for drilling fluids and completion fluids due to the presence of half of the world’s oil and gas reserves. U.S. has the maximum number of shale reserves as compared to other regions. The offshore activities in the Gulf of Mexico are on the rise which supports the companies to expand within the region due to which the top drilling and completion fluids manufacturers are based in North America. Additionally, North America is also in the forefront when it comes to laying out policies and regulations for the prevention of the degradation of the environment.

Water-based Systems: Biggest Market by Type

Water-based systems are the single largest drilling fluids and completion fluids base
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