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Middle East Drilling Fluid & Completion Fluid Market is Expected to Reach $740 Million in 2018 - New Report by MicroMarket Monitor
Date:7/22/2014

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Middle East holds the largest oil and gas reserves across the globe.Due to the increasing demand for oil and gas, the pressure to perform enhanced oil recovery has increased tremendously in Middle East, driving the drilling fluids market in this region.

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 Oman, Saudi Arabia and others.

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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.

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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
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