Navigation Links
Europe Drilling Fluid & Completion Fluid Market is Expected to Reach $1.7 Billion in 2018 - New Report by MicroMarket Monitor
Date:7/23/2014

(PRWEB) July 23, 2014

The Europe Drilling fluid and Completion fluid Market Report defines and segments the drilling fluid and completion fluid market in Europe with analysis and forecast of revenue. The drilling fluid and completion fluid market in Europe is estimated to grow from around $1.3 billion in 2013 to $1.7 billion by 2018, at a CAGR of 6.1%, for the given period.

Browse through the TOC of the Europe drilling fluid and completion fluid Market Report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Europe drilling fluid and completion fluid market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-drilling-fluid-completion-fluid-9196506726.html

The increasing energy demand, rise in population, discoveries of new CBM and shale reserves are putting pressure to drill at high depths and enter deep and ultra deep waters. Recent increase in oilfield discoveries and rise in drilling activities especially for those focusing on crude oil has positively impacted the drilling fluid and completion fluid market. These factors have been major drivers for the drilling fluids and completion fluids market. The price trend of crude oil and natural gas will support remote offshore sites and shale exploration.

Early buyers will receive 10% customization on this report.
http://www.micromarketmonitor.com/contact/9196506726-request_for_customization.html

The environmental degradation in this region has been a major concern and this has resulted into stringent environmental regulations and policies which limit the discharge of harmful fluids. These regulations will boost the market for water-based and synthetic-based drilling and completion fluids.

This market is segmented and forecasted on the basis of types, application and geography. Segmentation by type of drilling fluid includes- water based, oil based, synthetic based and others. By application, the market is segmented into offshore and onshore operations. The market is further segmented and forecasted on the basis of major countries, such as Russia, Norway, U.K. and others.

Get a copy of PDF Brochure @
http://www.micromarketmonitor.com/contact/9196506726-download_pdf_brochure.html    

This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide drilling fluid.

Related Reports:

North America Drilling Fluid & Completion Fluid Market
The North American drilling and completion fluid market was valued at $4,523.7 million in 2013 and is forecasted to reach $7,679.2 million by 2018, growing at a CAGR of 7.3% from 2013 to 2018. The water-based system in drilling and completion fluids accounted for $5,276.1 million in 2013. The North American region constituted nearly 51% of the global drilling and completion fluid market in 2013.

Rise in drilling for shale oil, discoveries of coal bed methane (CBM), gas reserves and high drilling activities, and increased exploration and production activities, especially in offshore deep and ultra-deep waters in the North American region are the major reasons for the drilling and completion fluid market in North America. The lucrative and high investment areas of subsea regions in the U.S. and Canada are also driving the exponential growth of the market.
http://www.micromarketmonitor.com/market/north-america-drilling-fluid-completion-fluid-2200133703.html

Asia-Pacific Drilling Fluid & Completion Fluid Market
The Asia-Pacific drilling and completion fluid market was valued at $1,638.24 million in 2013 and is forecasted to reach $2,386.23 million by 2018, growing at a CAGR of 7.80% from 2013 to 2018. The water-based system in drilling and completion fluids accounted for $1,013.25 million in 2013. Asia-Pacific is the second-largest market in the global drilling and completion fluid market with an estimated market share of about 15% in 2013.

Rise in drilling for shale oil and gas reserves and high drilling activities in the Asia-Pacific region are the major reasons for the growth of the drilling and completion fluid market. Regions such as Australia and China have huge shale reserves where drilling activities are starting; thus, they are set to become huge markets for drilling and completion fluids in the coming years.
http://www.micromarketmonitor.com/market/asia-pacific-drilling-fluid-completion-fluid-5274629646.html

Africa Drilling Fluid & Completion Fluid Market
The African drilling and completion fluid market was valued at $729.84 million in 2013 and is forecasted to reach $1,115.61 million by 2018, growing at a CAGR of 8.90% from 2013 to 2018. The water-based system in drilling and completion fluids accounted for $438.3 million in 2013. The African region constituted nearly 7% of the global drilling and completion fluid market in the same year.

Increase in drilling and exploration activities in onshore areas form one of the reasons for the growth of the drilling and completion fluid market in Africa. Offshore activities are mostly carried out in Angola which is a part of the Golden Triangle. Increase in drilling footage is also the driving force of this market. Countries likes Egypt, Algeria, and Nigeria are leading in oil and gas production in the African region.
http://www.micromarketmonitor.com/market/africa-drilling-fluid-completion-fluid-8784254335.html

Middle East Drilling Fluid & Completion Fluid Market
The Middle East drilling and completion fluid market was valued at $560.97 million in 2013 and is forecasted to reach $738.64 million by 2018, growing at a CAGR of 5.70% from 2013 to 2018. The water-based system in drilling and completion fluids accounted for $242.3 million in 2013. The Middle Eastern region constituted nearly 5% of the global drilling and completion fluid market in 2013.

Increase in drilling and exploration activities form one of the key reasons for the growth of the drilling and completion fluid market in the Middle East. Major investments made for drilling in Oman and Saudi Arabia are helping to increase the number of wells drilled and thus driving the growth of the market in the region. The Middle East is one of the stable markets for drilling and completion fluids and is expected to remain so in the coming years.
http://www.micromarketmonitor.com/market/middle-east-drilling-fluid-completion-fluid-3201014125.html

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.

Contact:
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 http://www.linkedin.com/company/micromarketmonitor.

Read the full story at http://www.prweb.com/releases/drilling-fluid-completion/market/prweb12040477.htm.


'/>"/>
Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related medicine news :

1. Europe Vitamins (Nutraceuticals) Market is Expected to Reach $1,202.08 Million in 2018 - New Report by MicroMarket Monitor
2. Europe Bio Fertilizer Market is Expected to Reach $4,582.2 Million in 2017 - New Report by MicroMarket Monitor
3. Europe Bio Stimulants Market is Expected to Reach $940.6 Million in 2018 - New Report by MicroMarket Monitor
4. Kyowa Hakko’s Citicoline Obtains Novel Food Registration status in Europe
5. U.S and European Video, High – Tech and Integrated Operating Room Market Outlook to 2019: Led by STERIS, Stryker and Karl Storz
6. Europe Cardiac Surgery Device Market Value to Go Beyond USD 3.4 Bn by 2020, According to iData Research Study Available at MarketPublishers.com
7. The Lecithin Market in Europe is Expected to Reach $315.9 Million by 2019 - New Report by MicroMarket Monitor
8. The Lancet Oncology: Differences in treatment likely to be behind differing survival rates for blood cancers between regions within Europe
9. Europe Well Intervention Services Market is Expected to Reach $3.4 Billion by 2018 - New Report by MicroMarket Monitor
10. Europe Micro Irrigation System Market Driven by Growing Environmental Concerns and Decreasing Water Availability - New Report by MicroMarket Monitor
11. EORTC presents European solution for effective cancer drug development
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/10/2016)... ... February 10, 2016 , ... ... Guard, to associations of medical professionals throughout the country. The Guard was specifically ... assessments, policies and procedures, employee training, regulatory updates, and compliance coaching. , In ...
(Date:2/10/2016)... ... ... Emergency rooms provide emergency care to stabilize critical health issues, but emergency dental ... at risk of losing a tooth or their smiles. Dr. Marine Martirosyan, dentist ... include:, , Avulsed or knocked-out teeth , Dislodged ...
(Date:2/10/2016)... ... February 10, 2016 , ... Dr. Peyman Ghasri, ... now offering a variety of comprehensive procedures for facial enhancement. The treatments now ... restoration, lip enhancement and nasal reshaping. , As a result, patients can ...
(Date:2/10/2016)... ... ... Ongoing news of the ravages of traumatic brain injury (TBI) among former NFL ... a closer look at cases of TBI being managed by their members. The survey ... aging population, and identifies the challenges associated with their care. , During the week ...
(Date:2/10/2016)... ... 10, 2016 , ... United Benefit Advisors (UBA), the nation’s ... to its growing list of Partner Firms. S.S. Nesbitt is headquartered in ... Huntsville and in between. , Harnessing the experience and insights of the agency’s ...
Breaking Medicine News(10 mins):
(Date:2/10/2016)... ATLANTA , Feb. 10, 2016  LexisNexis® ... and technology, today announced the launch of ... analytics solution that helps improve and optimize the ... evaluation of performance using severity-adjusted scores. By measuring ... a critical solution to deliver better outcomes, improve ...
(Date:2/10/2016)... and OR AKIVA, Israel , February ... Ltd., a leader in the field of cartilage ... round on February 5, 2016. The $15 million investment ... a leading Chinese pharmaceutical manufacturer, and was joined by ... Generali Financial Holdings and both the Technion Research & ...
(Date:2/10/2016)... KANSAS CITY, Mo. , Feb. 10, 2016 ... the pharmaceutical industry, recently identified an industry-wide trend ... a tool that allows organizations to efficiently deliver ... surveys, one in 2011 and another in 2015, ... are armed with tablet devices and DSAs, many ...
Breaking Medicine Technology: