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Global Drilling Fluids Market Research Report 2025
Published Date: January 2025
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Report Code: QYRE-Auto-26L8657
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Global Drilling Fluids Market Insights Forecast to 2028
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Global Drilling Fluids Market Research Report 2025

Code: QYRE-Auto-26L8657
Report
January 2025
Pages:99
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Drilling Fluids Market Size

The global market for Drilling Fluids was valued at US$ 10330 million in the year 2024 and is projected to reach a revised size of US$ 12240 million by 2031, growing at a CAGR of 2.5% during the forecast period.

Drilling Fluids Market

Drilling Fluids Market

Drilling fluid is any fluid that circulated in the borehole to help in carrying out a cost-effective and efficient drilling operation resulting in stable and gauged borehole to targeted depth with minimum possible damage to prospective formations. Drilling fluid, also called drilling mud is used to aid the drilling of boreholes into the earth. Often used while drilling oil and natural gas wells and on exploration drilling rigs, drilling fluids are also used for much simpler boreholes, such as water wells. One of the functions of drilling mud is to carry cuttings out of the hole. The main functions of drilling fluids include providing hydrostatic pressure to prevent formation fluids from entering into the well bore, keeping the drill bit cool and clean during drilling, carrying out drill cuttings, and suspending the drill cuttings while drilling is paused and when the drilling assembly is brought in and out of the hole. The drilling fluid used for a particular job is selected to avoid formation damage and to limit corrosion.
The global drilling fluids market is growing steadily, driven by the expansion of oil and gas exploration activities, particularly in deepwater and unconventional reserves. As the demand for energy continues to rise globally, oil companies are increasingly exploring harder-to-reach reserves, such as shale formations and deep-sea deposits. These challenging environments require specialized drilling fluids to maintain wellbore stability, control pressure, and optimize drilling efficiency. As a result, the demand for advanced drilling fluids, including water-based, oil-based, and synthetic-based fluids, has surged, driving the overall market.
Another significant trend shaping the drilling fluids market is the growing focus on environmental sustainability. With stricter environmental regulations being enforced globally, there is a shift towards eco-friendly and biodegradable drilling fluids that minimize environmental impact. Companies are investing in the development of non-toxic water-based drilling fluids to reduce contamination risks in offshore and sensitive onshore environments. This trend is especially relevant in regions with stringent regulations, such as North America and Europe, where oil companies must comply with environmental standards while maintaining operational efficiency.
Additionally, the market is seeing technological advancements in drilling fluid formulations. Innovations in fluid technology, such as the use of nanotechnology and enhanced additives, are improving the performance of drilling fluids, leading to better drilling efficiency, reduced downtime, and cost savings. These advancements help tackle challenges such as high-temperature wells, complex formations, and unconventional drilling techniques like horizontal drilling. As oil companies seek to optimize drilling operations and reduce costs, the adoption of advanced drilling fluids is expected to continue driving market growth.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Drilling Fluids, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drilling Fluids.
The Drilling Fluids market size, estimations, and forecasts are provided in terms of output/shipments (Kilotons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Drilling Fluids market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Drilling Fluids manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Drilling Fluids Market Report

Report Metric Details
Report Name Drilling Fluids Market
Accounted market size in year US$ 10330 million
Forecasted market size in 2031 US$ 12240 million
CAGR 2.5%
Base Year year
Forecasted years 2025 - 2031
by Type
  • Oil-Based Fluids (OBF)
  • Water Based Fluids (WBF)
  • Others
by Application
  • Onshore Drilling
  • Offshore Drilling
  • Other
Production by Region
  • North America
  • Southeast Asia
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Schlumberger, Halliburton, Baker Hughes, Newpark Resources, Tetra Technologies, CES Energy Solutions, NOV Inc., Scomi Group Bhd, Secure Energy Services, Weatherford International, Q’Max Solutions, CNPC, Sinopec, CNOOC
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Drilling Fluids manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Drilling Fluids by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Drilling Fluids in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Drilling Fluids Market growing?

Ans: The Drilling Fluids Market witnessing a CAGR of 2.5% during the forecast period 2025-2031.

What is the Drilling Fluids Market size in 2031?

Ans: The Drilling Fluids Market size in 2031 will be US$ 12240 million.

Who are the main players in the Drilling Fluids Market report?

Ans: The main players in the Drilling Fluids Market are Schlumberger, Halliburton, Baker Hughes, Newpark Resources, Tetra Technologies, CES Energy Solutions, NOV Inc., Scomi Group Bhd, Secure Energy Services, Weatherford International, Q’Max Solutions, CNPC, Sinopec, CNOOC

What are the Application segmentation covered in the Drilling Fluids Market report?

Ans: The Applications covered in the Drilling Fluids Market report are Onshore Drilling, Offshore Drilling, Other

What are the Type segmentation covered in the Drilling Fluids Market report?

Ans: The Types covered in the Drilling Fluids Market report are Oil-Based Fluids (OBF), Water Based Fluids (WBF), Others

1 Drilling Fluids Market Overview
1.1 Product Definition
1.2 Drilling Fluids by Type
1.2.1 Global Drilling Fluids Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Oil-Based Fluids (OBF)
1.2.3 Water Based Fluids (WBF)
1.2.4 Others
1.3 Drilling Fluids by Application
1.3.1 Global Drilling Fluids Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Onshore Drilling
1.3.3 Offshore Drilling
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Drilling Fluids Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Drilling Fluids Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Drilling Fluids Production Estimates and Forecasts (2020-2031)
1.4.4 Global Drilling Fluids Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Drilling Fluids Production Market Share by Manufacturers (2020-2025)
2.2 Global Drilling Fluids Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Drilling Fluids, Industry Ranking, 2023 VS 2024
2.4 Global Drilling Fluids Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Drilling Fluids Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Drilling Fluids, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Drilling Fluids, Product Offered and Application
2.8 Global Key Manufacturers of Drilling Fluids, Date of Enter into This Industry
2.9 Drilling Fluids Market Competitive Situation and Trends
2.9.1 Drilling Fluids Market Concentration Rate
2.9.2 Global 5 and 10 Largest Drilling Fluids Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Drilling Fluids Production by Region
3.1 Global Drilling Fluids Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Drilling Fluids Production Value by Region (2020-2031)
3.2.1 Global Drilling Fluids Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Drilling Fluids by Region (2026-2031)
3.3 Global Drilling Fluids Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Drilling Fluids Production Volume by Region (2020-2031)
3.4.1 Global Drilling Fluids Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Drilling Fluids by Region (2026-2031)
3.5 Global Drilling Fluids Market Price Analysis by Region (2020-2025)
3.6 Global Drilling Fluids Production and Value, Year-over-Year Growth
3.6.1 North America Drilling Fluids Production Value Estimates and Forecasts (2020-2031)
3.6.2 Southeast Asia Drilling Fluids Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Drilling Fluids Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Drilling Fluids Production Value Estimates and Forecasts (2020-2031)
4 Drilling Fluids Consumption by Region
4.1 Global Drilling Fluids Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Drilling Fluids Consumption by Region (2020-2031)
4.2.1 Global Drilling Fluids Consumption by Region (2020-2025)
4.2.2 Global Drilling Fluids Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Drilling Fluids Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Drilling Fluids Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Drilling Fluids Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Drilling Fluids Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Drilling Fluids Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Drilling Fluids Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Drilling Fluids Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Drilling Fluids Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Drilling Fluids Production by Type (2020-2031)
5.1.1 Global Drilling Fluids Production by Type (2020-2025)
5.1.2 Global Drilling Fluids Production by Type (2026-2031)
5.1.3 Global Drilling Fluids Production Market Share by Type (2020-2031)
5.2 Global Drilling Fluids Production Value by Type (2020-2031)
5.2.1 Global Drilling Fluids Production Value by Type (2020-2025)
5.2.2 Global Drilling Fluids Production Value by Type (2026-2031)
5.2.3 Global Drilling Fluids Production Value Market Share by Type (2020-2031)
5.3 Global Drilling Fluids Price by Type (2020-2031)
6 Segment by Application
6.1 Global Drilling Fluids Production by Application (2020-2031)
6.1.1 Global Drilling Fluids Production by Application (2020-2025)
6.1.2 Global Drilling Fluids Production by Application (2026-2031)
6.1.3 Global Drilling Fluids Production Market Share by Application (2020-2031)
6.2 Global Drilling Fluids Production Value by Application (2020-2031)
6.2.1 Global Drilling Fluids Production Value by Application (2020-2025)
6.2.2 Global Drilling Fluids Production Value by Application (2026-2031)
6.2.3 Global Drilling Fluids Production Value Market Share by Application (2020-2031)
6.3 Global Drilling Fluids Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Schlumberger
7.1.1 Schlumberger Drilling Fluids Company Information
7.1.2 Schlumberger Drilling Fluids Product Portfolio
7.1.3 Schlumberger Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Schlumberger Main Business and Markets Served
7.1.5 Schlumberger Recent Developments/Updates
7.2 Halliburton
7.2.1 Halliburton Drilling Fluids Company Information
7.2.2 Halliburton Drilling Fluids Product Portfolio
7.2.3 Halliburton Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Halliburton Main Business and Markets Served
7.2.5 Halliburton Recent Developments/Updates
7.3 Baker Hughes
7.3.1 Baker Hughes Drilling Fluids Company Information
7.3.2 Baker Hughes Drilling Fluids Product Portfolio
7.3.3 Baker Hughes Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Baker Hughes Main Business and Markets Served
7.3.5 Baker Hughes Recent Developments/Updates
7.4 Newpark Resources
7.4.1 Newpark Resources Drilling Fluids Company Information
7.4.2 Newpark Resources Drilling Fluids Product Portfolio
7.4.3 Newpark Resources Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Newpark Resources Main Business and Markets Served
7.4.5 Newpark Resources Recent Developments/Updates
7.5 Tetra Technologies
7.5.1 Tetra Technologies Drilling Fluids Company Information
7.5.2 Tetra Technologies Drilling Fluids Product Portfolio
7.5.3 Tetra Technologies Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Tetra Technologies Main Business and Markets Served
7.5.5 Tetra Technologies Recent Developments/Updates
7.6 CES Energy Solutions
7.6.1 CES Energy Solutions Drilling Fluids Company Information
7.6.2 CES Energy Solutions Drilling Fluids Product Portfolio
7.6.3 CES Energy Solutions Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.6.4 CES Energy Solutions Main Business and Markets Served
7.6.5 CES Energy Solutions Recent Developments/Updates
7.7 NOV Inc.
7.7.1 NOV Inc. Drilling Fluids Company Information
7.7.2 NOV Inc. Drilling Fluids Product Portfolio
7.7.3 NOV Inc. Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.7.4 NOV Inc. Main Business and Markets Served
7.7.5 NOV Inc. Recent Developments/Updates
7.8 Scomi Group Bhd
7.8.1 Scomi Group Bhd Drilling Fluids Company Information
7.8.2 Scomi Group Bhd Drilling Fluids Product Portfolio
7.8.3 Scomi Group Bhd Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Scomi Group Bhd Main Business and Markets Served
7.8.5 Scomi Group Bhd Recent Developments/Updates
7.9 Secure Energy Services
7.9.1 Secure Energy Services Drilling Fluids Company Information
7.9.2 Secure Energy Services Drilling Fluids Product Portfolio
7.9.3 Secure Energy Services Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Secure Energy Services Main Business and Markets Served
7.9.5 Secure Energy Services Recent Developments/Updates
7.10 Weatherford International
7.10.1 Weatherford International Drilling Fluids Company Information
7.10.2 Weatherford International Drilling Fluids Product Portfolio
7.10.3 Weatherford International Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Weatherford International Main Business and Markets Served
7.10.5 Weatherford International Recent Developments/Updates
7.11 Q’Max Solutions
7.11.1 Q’Max Solutions Drilling Fluids Company Information
7.11.2 Q’Max Solutions Drilling Fluids Product Portfolio
7.11.3 Q’Max Solutions Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Q’Max Solutions Main Business and Markets Served
7.11.5 Q’Max Solutions Recent Developments/Updates
7.12 CNPC
7.12.1 CNPC Drilling Fluids Company Information
7.12.2 CNPC Drilling Fluids Product Portfolio
7.12.3 CNPC Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.12.4 CNPC Main Business and Markets Served
7.12.5 CNPC Recent Developments/Updates
7.13 Sinopec
7.13.1 Sinopec Drilling Fluids Company Information
7.13.2 Sinopec Drilling Fluids Product Portfolio
7.13.3 Sinopec Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Sinopec Main Business and Markets Served
7.13.5 Sinopec Recent Developments/Updates
7.14 CNOOC
7.14.1 CNOOC Drilling Fluids Company Information
7.14.2 CNOOC Drilling Fluids Product Portfolio
7.14.3 CNOOC Drilling Fluids Production, Value, Price and Gross Margin (2020-2025)
7.14.4 CNOOC Main Business and Markets Served
7.14.5 CNOOC Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Drilling Fluids Industry Chain Analysis
8.2 Drilling Fluids Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Drilling Fluids Production Mode & Process Analysis
8.4 Drilling Fluids Sales and Marketing
8.4.1 Drilling Fluids Sales Channels
8.4.2 Drilling Fluids Distributors
8.5 Drilling Fluids Customer Analysis
9 Drilling Fluids Market Dynamics
9.1 Drilling Fluids Industry Trends
9.2 Drilling Fluids Market Drivers
9.3 Drilling Fluids Market Challenges
9.4 Drilling Fluids Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global Drilling Fluids Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Drilling Fluids Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Drilling Fluids Production Capacity (Kilotons) by Manufacturers in 2024
 Table 4. Global Drilling Fluids Production by Manufacturers (2020-2025) & (Kilotons)
 Table 5. Global Drilling Fluids Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Drilling Fluids Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Drilling Fluids Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Drilling Fluids, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Drilling Fluids as of 2024)
 Table 10. Global Market Drilling Fluids Average Price by Manufacturers (US$/Ton) & (2020-2025)
 Table 11. Global Key Manufacturers of Drilling Fluids, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Drilling Fluids, Product Offered and Application
 Table 13. Global Key Manufacturers of Drilling Fluids, Date of Enter into This Industry
 Table 14. Global Drilling Fluids Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Drilling Fluids Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Drilling Fluids Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Drilling Fluids Production Value Market Share by Region (2020-2025)
 Table 19. Global Drilling Fluids Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Drilling Fluids Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Drilling Fluids Production Comparison by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 22. Global Drilling Fluids Production (Kilotons) by Region (2020-2025)
 Table 23. Global Drilling Fluids Production Market Share by Region (2020-2025)
 Table 24. Global Drilling Fluids Production (Kilotons) Forecast by Region (2026-2031)
 Table 25. Global Drilling Fluids Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Drilling Fluids Market Average Price (US$/Ton) by Region (2020-2025)
 Table 27. Global Drilling Fluids Market Average Price (US$/Ton) by Region (2026-2031)
 Table 28. Global Drilling Fluids Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 29. Global Drilling Fluids Consumption by Region (2020-2025) & (Kilotons)
 Table 30. Global Drilling Fluids Consumption Market Share by Region (2020-2025)
 Table 31. Global Drilling Fluids Forecasted Consumption by Region (2026-2031) & (Kilotons)
 Table 32. Global Drilling Fluids Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Drilling Fluids Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 34. North America Drilling Fluids Consumption by Country (2020-2025) & (Kilotons)
 Table 35. North America Drilling Fluids Consumption by Country (2026-2031) & (Kilotons)
 Table 36. Europe Drilling Fluids Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 37. Europe Drilling Fluids Consumption by Country (2020-2025) & (Kilotons)
 Table 38. Europe Drilling Fluids Consumption by Country (2026-2031) & (Kilotons)
 Table 39. Asia Pacific Drilling Fluids Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 40. Asia Pacific Drilling Fluids Consumption by Region (2020-2025) & (Kilotons)
 Table 41. Asia Pacific Drilling Fluids Consumption by Region (2026-2031) & (Kilotons)
 Table 42. Latin America, Middle East & Africa Drilling Fluids Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 43. Latin America, Middle East & Africa Drilling Fluids Consumption by Country (2020-2025) & (Kilotons)
 Table 44. Latin America, Middle East & Africa Drilling Fluids Consumption by Country (2026-2031) & (Kilotons)
 Table 45. Global Drilling Fluids Production (Kilotons) by Type (2020-2025)
 Table 46. Global Drilling Fluids Production (Kilotons) by Type (2026-2031)
 Table 47. Global Drilling Fluids Production Market Share by Type (2020-2025)
 Table 48. Global Drilling Fluids Production Market Share by Type (2026-2031)
 Table 49. Global Drilling Fluids Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Drilling Fluids Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Drilling Fluids Production Value Market Share by Type (2020-2025)
 Table 52. Global Drilling Fluids Production Value Market Share by Type (2026-2031)
 Table 53. Global Drilling Fluids Price (US$/Ton) by Type (2020-2025)
 Table 54. Global Drilling Fluids Price (US$/Ton) by Type (2026-2031)
 Table 55. Global Drilling Fluids Production (Kilotons) by Application (2020-2025)
 Table 56. Global Drilling Fluids Production (Kilotons) by Application (2026-2031)
 Table 57. Global Drilling Fluids Production Market Share by Application (2020-2025)
 Table 58. Global Drilling Fluids Production Market Share by Application (2026-2031)
 Table 59. Global Drilling Fluids Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Drilling Fluids Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Drilling Fluids Production Value Market Share by Application (2020-2025)
 Table 62. Global Drilling Fluids Production Value Market Share by Application (2026-2031)
 Table 63. Global Drilling Fluids Price (US$/Ton) by Application (2020-2025)
 Table 64. Global Drilling Fluids Price (US$/Ton) by Application (2026-2031)
 Table 65. Schlumberger Drilling Fluids Company Information
 Table 66. Schlumberger Drilling Fluids Specification and Application
 Table 67. Schlumberger Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 68. Schlumberger Main Business and Markets Served
 Table 69. Schlumberger Recent Developments/Updates
 Table 70. Halliburton Drilling Fluids Company Information
 Table 71. Halliburton Drilling Fluids Specification and Application
 Table 72. Halliburton Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 73. Halliburton Main Business and Markets Served
 Table 74. Halliburton Recent Developments/Updates
 Table 75. Baker Hughes Drilling Fluids Company Information
 Table 76. Baker Hughes Drilling Fluids Specification and Application
 Table 77. Baker Hughes Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 78. Baker Hughes Main Business and Markets Served
 Table 79. Baker Hughes Recent Developments/Updates
 Table 80. Newpark Resources Drilling Fluids Company Information
 Table 81. Newpark Resources Drilling Fluids Specification and Application
 Table 82. Newpark Resources Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 83. Newpark Resources Main Business and Markets Served
 Table 84. Newpark Resources Recent Developments/Updates
 Table 85. Tetra Technologies Drilling Fluids Company Information
 Table 86. Tetra Technologies Drilling Fluids Specification and Application
 Table 87. Tetra Technologies Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 88. Tetra Technologies Main Business and Markets Served
 Table 89. Tetra Technologies Recent Developments/Updates
 Table 90. CES Energy Solutions Drilling Fluids Company Information
 Table 91. CES Energy Solutions Drilling Fluids Specification and Application
 Table 92. CES Energy Solutions Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 93. CES Energy Solutions Main Business and Markets Served
 Table 94. CES Energy Solutions Recent Developments/Updates
 Table 95. NOV Inc. Drilling Fluids Company Information
 Table 96. NOV Inc. Drilling Fluids Specification and Application
 Table 97. NOV Inc. Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 98. NOV Inc. Main Business and Markets Served
 Table 99. NOV Inc. Recent Developments/Updates
 Table 100. Scomi Group Bhd Drilling Fluids Company Information
 Table 101. Scomi Group Bhd Drilling Fluids Specification and Application
 Table 102. Scomi Group Bhd Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 103. Scomi Group Bhd Main Business and Markets Served
 Table 104. Scomi Group Bhd Recent Developments/Updates
 Table 105. Secure Energy Services Drilling Fluids Company Information
 Table 106. Secure Energy Services Drilling Fluids Specification and Application
 Table 107. Secure Energy Services Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 108. Secure Energy Services Main Business and Markets Served
 Table 109. Secure Energy Services Recent Developments/Updates
 Table 110. Weatherford International Drilling Fluids Company Information
 Table 111. Weatherford International Drilling Fluids Specification and Application
 Table 112. Weatherford International Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 113. Weatherford International Main Business and Markets Served
 Table 114. Weatherford International Recent Developments/Updates
 Table 115. Q’Max Solutions Drilling Fluids Company Information
 Table 116. Q’Max Solutions Drilling Fluids Specification and Application
 Table 117. Q’Max Solutions Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 118. Q’Max Solutions Main Business and Markets Served
 Table 119. Q’Max Solutions Recent Developments/Updates
 Table 120. CNPC Drilling Fluids Company Information
 Table 121. CNPC Drilling Fluids Specification and Application
 Table 122. CNPC Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 123. CNPC Main Business and Markets Served
 Table 124. CNPC Recent Developments/Updates
 Table 125. Sinopec Drilling Fluids Company Information
 Table 126. Sinopec Drilling Fluids Specification and Application
 Table 127. Sinopec Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 128. Sinopec Main Business and Markets Served
 Table 129. Sinopec Recent Developments/Updates
 Table 130. CNOOC Drilling Fluids Company Information
 Table 131. CNOOC Drilling Fluids Specification and Application
 Table 132. CNOOC Drilling Fluids Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 133. CNOOC Main Business and Markets Served
 Table 134. CNOOC Recent Developments/Updates
 Table 135. Key Raw Materials Lists
 Table 136. Raw Materials Key Suppliers Lists
 Table 137. Drilling Fluids Distributors List
 Table 138. Drilling Fluids Customers List
 Table 139. Drilling Fluids Market Trends
 Table 140. Drilling Fluids Market Drivers
 Table 141. Drilling Fluids Market Challenges
 Table 142. Drilling Fluids Market Restraints
 Table 143. Research Programs/Design for This Report
 Table 144. Key Data Information from Secondary Sources
 Table 145. Key Data Information from Primary Sources
 Table 146. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Drilling Fluids
 Figure 2. Global Drilling Fluids Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Drilling Fluids Market Share by Type: 2024 VS 2031
 Figure 4. Oil-Based Fluids (OBF) Product Picture
 Figure 5. Water Based Fluids (WBF) Product Picture
 Figure 6. Others Product Picture
 Figure 7. Global Drilling Fluids Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Drilling Fluids Market Share by Application: 2024 VS 2031
 Figure 9. Onshore Drilling
 Figure 10. Offshore Drilling
 Figure 11. Other
 Figure 12. Global Drilling Fluids Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 13. Global Drilling Fluids Production Value (US$ Million) & (2020-2031)
 Figure 14. Global Drilling Fluids Production Capacity (Kilotons) & (2020-2031)
 Figure 15. Global Drilling Fluids Production (Kilotons) & (2020-2031)
 Figure 16. Global Drilling Fluids Average Price (US$/Ton) & (2020-2031)
 Figure 17. Drilling Fluids Report Years Considered
 Figure 18. Drilling Fluids Production Share by Manufacturers in 2024
 Figure 19. Global Drilling Fluids Production Value Share by Manufacturers (2024)
 Figure 20. Drilling Fluids Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 21. The Global 5 and 10 Largest Players: Market Share by Drilling Fluids Revenue in 2024
 Figure 22. Global Drilling Fluids Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 23. Global Drilling Fluids Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 24. Global Drilling Fluids Production Comparison by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Figure 25. Global Drilling Fluids Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 26. North America Drilling Fluids Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. Southeast Asia Drilling Fluids Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. China Drilling Fluids Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Japan Drilling Fluids Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Global Drilling Fluids Consumption by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Figure 31. Global Drilling Fluids Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 32. North America Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 33. North America Drilling Fluids Consumption Market Share by Country (2020-2031)
 Figure 34. U.S. Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 35. Canada Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 36. Europe Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 37. Europe Drilling Fluids Consumption Market Share by Country (2020-2031)
 Figure 38. Germany Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 39. France Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 40. U.K. Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 41. Italy Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 42. Russia Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 43. Asia Pacific Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 44. Asia Pacific Drilling Fluids Consumption Market Share by Region (2020-2031)
 Figure 45. China Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 46. Japan Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 47. South Korea Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 48. China Taiwan Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 49. Southeast Asia Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 50. India Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 51. Latin America, Middle East & Africa Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 52. Latin America, Middle East & Africa Drilling Fluids Consumption Market Share by Country (2020-2031)
 Figure 53. Mexico Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 54. Brazil Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 55. Turkey Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 56. GCC Countries Drilling Fluids Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 57. Global Production Market Share of Drilling Fluids by Type (2020-2031)
 Figure 58. Global Production Value Market Share of Drilling Fluids by Type (2020-2031)
 Figure 59. Global Drilling Fluids Price (US$/Ton) by Type (2020-2031)
 Figure 60. Global Production Market Share of Drilling Fluids by Application (2020-2031)
 Figure 61. Global Production Value Market Share of Drilling Fluids by Application (2020-2031)
 Figure 62. Global Drilling Fluids Price (US$/Ton) by Application (2020-2031)
 Figure 63. Drilling Fluids Value Chain
 Figure 64. Channels of Distribution (Direct Vs Distribution)
 Figure 65. Bottom-up and Top-down Approaches for This Report
 Figure 66. Data Triangulation
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