Research and Markets: Europe Drilling and Completion Fluids Market by Type (Water Based, Synthetic Based, Oil Based & others), By Application (onshore & Offshore), By Countries – Regional Trend & Forecast to 2019
May 7, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/nkhnmv/europe_drilling) has announced the addition of the “Europe Drilling and Completion Fluids Market by Type, By Application, By Countries – Regional Trend & Forecast to 2019” report to their offering.
The European drilling and completion fluids market is expected to grow at a CAGR of 6.5% from 2014 to 2019
Continuous increase in the demand for energy, growth in drilling and oil production activities, increasing advancements in technology, and rise in exploration of oil & gas reserves are the key drivers for growth of the European drilling and completion fluids market. Fall in crude oil prices, strict government & environmental policies, and high market competition are the major restraints of the drilling and completion fluids market in Europe. In 2013, Russia alone accounted for approximately 87% of the European drilling and completion fluids market. The U.K. and Norway are emerging markets for drilling and completion fluids services.
In this report, the European drilling and completion fluids market has been classified in mainly four types of segments: water-based systems, oil-based systems, synthetic-based systems, and others. In 2014, Water-based systems are estimated to account for the largest market share, followed by oil-based systems and synthetic-based systems.
Russia was estimated to be the largest market with a share of 87% in 2014, followed by Norway and the U.K. On the basis of application, the drilling and completion fluids market has been segmented into onshore and offshore.
In this, the onshore application dominated the drilling and completion fluids market. Baker Hughes (U.S.), Halliburton (U.S.), M-I Swaco (U.S.), Newpark Resource Inc. (U.S.), and Anchor Drilling Fluids USA, Inc. (U.S.) are the major players of this market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Europe Drilling and Completion Fluids Market, By Application
6 Europe Drilling and Completion Fluids Market, By Type
7 Europe Drilling and Completion Fluids Market, By Country
8 Europe Drilling and Completion Fluids Market: Competitive Landscape
9 Europe Drilling and Completion Fluids Market, By Company
– Akzonobel NV
– Baker Hughes
– Halliburton
– M-I Swaco
– National Oilwell Varco Inc.
– Newpark Resources Inc.
– Tetra Technologies Inc.
For more information visit http://www.researchandmarkets.com/research/nkhnmv/europe_drilling
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