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Global Oil-based Drilling Fluid Market Research Report 2025
Published Date: July 2025
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Report Code: QYRE-Auto-36S7199
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Global Oil based Drilling Fluid Market Insights Forecast to 2028
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Global Oil-based Drilling Fluid Market Research Report 2025

Code: QYRE-Auto-36S7199
Report
July 2025
Pages:102
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Oil-based Drilling Fluid Market Size

The global market for Oil-based Drilling Fluid was valued at US$ 4136 million in the year 2024 and is projected to reach a revised size of US$ 5792 million by 2031, growing at a CAGR of 5.0% during the forecast period.

Oil-based Drilling Fluid Market

Oil-based Drilling Fluid Market

Drilling fluids play a vital role in oil and gas exploration activities. These are a mixture of water, oil, clay, and several chemicals. Drilling fluids are also known as drilling muds.
Rising demand from Asia-Pacific region a major driver for the growth of the market.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Oil-based Drilling Fluid, 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 Oil-based Drilling Fluid.
The Oil-based Drilling Fluid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) 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 Oil-based Drilling Fluid 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 Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Market Report

Report Metric Details
Report Name Oil-based Drilling Fluid Market
Accounted market size in year US$ 4136 million
Forecasted market size in 2031 US$ 5792 million
CAGR 5.0%
Base Year year
Forecasted years 2025 - 2031
by Type
by Application
  • Onshore
  • Offshore
Production by Region
  • North America
  • Europe
  • 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 Limited, DowDuPont, Halliburton, Baker Hughes-a GE Company, Akzo Nobel NV, Weatherford International, Clariant International, Solvay, Gumpro Drilling Fluids Private, Newpark Resources, Orean Hydrocarbons Middle East, Petrochem Performance Chemicals, National Oilwell Varco, Royal Dutch Shell
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 Oil-based Drilling Fluid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Oil-based Drilling Fluid 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 Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Market growing?

Ans: The Oil-based Drilling Fluid Market witnessing a CAGR of 5.0% during the forecast period 2025-2031.

What is the Oil-based Drilling Fluid Market size in 2031?

Ans: The Oil-based Drilling Fluid Market size in 2031 will be US$ 5792 million.

Who are the main players in the Oil-based Drilling Fluid Market report?

Ans: The main players in the Oil-based Drilling Fluid Market are Schlumberger Limited, DowDuPont, Halliburton, Baker Hughes-a GE Company, Akzo Nobel NV, Weatherford International, Clariant International, Solvay, Gumpro Drilling Fluids Private, Newpark Resources, Orean Hydrocarbons Middle East, Petrochem Performance Chemicals, National Oilwell Varco, Royal Dutch Shell

What are the Application segmentation covered in the Oil-based Drilling Fluid Market report?

Ans: The Applications covered in the Oil-based Drilling Fluid Market report are Onshore, Offshore

What are the Type segmentation covered in the Oil-based Drilling Fluid Market report?

Ans: The Types covered in the Oil-based Drilling Fluid Market report are Coarse Drilling Fluid, High Quality Drilling Fluid

Recommended Reports

Drilling Fluids Markets

Offshore Drilling Equipment

Oilfield Drilling Tools

1 Oil-based Drilling Fluid Market Overview
1.1 Product Definition
1.2 Oil-based Drilling Fluid by Type
1.2.1 Global Oil-based Drilling Fluid Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Coarse Drilling Fluid
1.2.3 High Quality Drilling Fluid
1.3 Oil-based Drilling Fluid by Application
1.3.1 Global Oil-based Drilling Fluid Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Market Growth Prospects
1.4.1 Global Oil-based Drilling Fluid Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Oil-based Drilling Fluid Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Oil-based Drilling Fluid Production Estimates and Forecasts (2020-2031)
1.4.4 Global Oil-based Drilling Fluid Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Oil-based Drilling Fluid Production Market Share by Manufacturers (2020-2025)
2.2 Global Oil-based Drilling Fluid Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Oil-based Drilling Fluid, Industry Ranking, 2023 VS 2024
2.4 Global Oil-based Drilling Fluid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Oil-based Drilling Fluid Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Oil-based Drilling Fluid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Oil-based Drilling Fluid, Product Offered and Application
2.8 Global Key Manufacturers of Oil-based Drilling Fluid, Date of Enter into This Industry
2.9 Oil-based Drilling Fluid Market Competitive Situation and Trends
2.9.1 Oil-based Drilling Fluid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Oil-based Drilling Fluid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Oil-based Drilling Fluid Production by Region
3.1 Global Oil-based Drilling Fluid Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Oil-based Drilling Fluid Production Value by Region (2020-2031)
3.2.1 Global Oil-based Drilling Fluid Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Oil-based Drilling Fluid by Region (2026-2031)
3.3 Global Oil-based Drilling Fluid Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Oil-based Drilling Fluid Production Volume by Region (2020-2031)
3.4.1 Global Oil-based Drilling Fluid Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Oil-based Drilling Fluid by Region (2026-2031)
3.5 Global Oil-based Drilling Fluid Market Price Analysis by Region (2020-2025)
3.6 Global Oil-based Drilling Fluid Production and Value, Year-over-Year Growth
3.6.1 North America Oil-based Drilling Fluid Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Oil-based Drilling Fluid Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Oil-based Drilling Fluid Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Oil-based Drilling Fluid Production Value Estimates and Forecasts (2020-2031)
4 Oil-based Drilling Fluid Consumption by Region
4.1 Global Oil-based Drilling Fluid Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Oil-based Drilling Fluid Consumption by Region (2020-2031)
4.2.1 Global Oil-based Drilling Fluid Consumption by Region (2020-2025)
4.2.2 Global Oil-based Drilling Fluid Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Oil-based Drilling Fluid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Oil-based Drilling Fluid Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Oil-based Drilling Fluid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Production by Type (2020-2031)
5.1.1 Global Oil-based Drilling Fluid Production by Type (2020-2025)
5.1.2 Global Oil-based Drilling Fluid Production by Type (2026-2031)
5.1.3 Global Oil-based Drilling Fluid Production Market Share by Type (2020-2031)
5.2 Global Oil-based Drilling Fluid Production Value by Type (2020-2031)
5.2.1 Global Oil-based Drilling Fluid Production Value by Type (2020-2025)
5.2.2 Global Oil-based Drilling Fluid Production Value by Type (2026-2031)
5.2.3 Global Oil-based Drilling Fluid Production Value Market Share by Type (2020-2031)
5.3 Global Oil-based Drilling Fluid Price by Type (2020-2031)
6 Segment by Application
6.1 Global Oil-based Drilling Fluid Production by Application (2020-2031)
6.1.1 Global Oil-based Drilling Fluid Production by Application (2020-2025)
6.1.2 Global Oil-based Drilling Fluid Production by Application (2026-2031)
6.1.3 Global Oil-based Drilling Fluid Production Market Share by Application (2020-2031)
6.2 Global Oil-based Drilling Fluid Production Value by Application (2020-2031)
6.2.1 Global Oil-based Drilling Fluid Production Value by Application (2020-2025)
6.2.2 Global Oil-based Drilling Fluid Production Value by Application (2026-2031)
6.2.3 Global Oil-based Drilling Fluid Production Value Market Share by Application (2020-2031)
6.3 Global Oil-based Drilling Fluid Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Schlumberger Limited
7.1.1 Schlumberger Limited Oil-based Drilling Fluid Company Information
7.1.2 Schlumberger Limited Oil-based Drilling Fluid Product Portfolio
7.1.3 Schlumberger Limited Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Schlumberger Limited Main Business and Markets Served
7.1.5 Schlumberger Limited Recent Developments/Updates
7.2 DowDuPont
7.2.1 DowDuPont Oil-based Drilling Fluid Company Information
7.2.2 DowDuPont Oil-based Drilling Fluid Product Portfolio
7.2.3 DowDuPont Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.2.4 DowDuPont Main Business and Markets Served
7.2.5 DowDuPont Recent Developments/Updates
7.3 Halliburton
7.3.1 Halliburton Oil-based Drilling Fluid Company Information
7.3.2 Halliburton Oil-based Drilling Fluid Product Portfolio
7.3.3 Halliburton Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Halliburton Main Business and Markets Served
7.3.5 Halliburton Recent Developments/Updates
7.4 Baker Hughes-a GE Company
7.4.1 Baker Hughes-a GE Company Oil-based Drilling Fluid Company Information
7.4.2 Baker Hughes-a GE Company Oil-based Drilling Fluid Product Portfolio
7.4.3 Baker Hughes-a GE Company Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Baker Hughes-a GE Company Main Business and Markets Served
7.4.5 Baker Hughes-a GE Company Recent Developments/Updates
7.5 Akzo Nobel NV
7.5.1 Akzo Nobel NV Oil-based Drilling Fluid Company Information
7.5.2 Akzo Nobel NV Oil-based Drilling Fluid Product Portfolio
7.5.3 Akzo Nobel NV Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Akzo Nobel NV Main Business and Markets Served
7.5.5 Akzo Nobel NV Recent Developments/Updates
7.6 Weatherford International
7.6.1 Weatherford International Oil-based Drilling Fluid Company Information
7.6.2 Weatherford International Oil-based Drilling Fluid Product Portfolio
7.6.3 Weatherford International Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Weatherford International Main Business and Markets Served
7.6.5 Weatherford International Recent Developments/Updates
7.7 Clariant International
7.7.1 Clariant International Oil-based Drilling Fluid Company Information
7.7.2 Clariant International Oil-based Drilling Fluid Product Portfolio
7.7.3 Clariant International Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Clariant International Main Business and Markets Served
7.7.5 Clariant International Recent Developments/Updates
7.8 Solvay
7.8.1 Solvay Oil-based Drilling Fluid Company Information
7.8.2 Solvay Oil-based Drilling Fluid Product Portfolio
7.8.3 Solvay Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Solvay Main Business and Markets Served
7.8.5 Solvay Recent Developments/Updates
7.9 Gumpro Drilling Fluids Private
7.9.1 Gumpro Drilling Fluids Private Oil-based Drilling Fluid Company Information
7.9.2 Gumpro Drilling Fluids Private Oil-based Drilling Fluid Product Portfolio
7.9.3 Gumpro Drilling Fluids Private Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Gumpro Drilling Fluids Private Main Business and Markets Served
7.9.5 Gumpro Drilling Fluids Private Recent Developments/Updates
7.10 Newpark Resources
7.10.1 Newpark Resources Oil-based Drilling Fluid Company Information
7.10.2 Newpark Resources Oil-based Drilling Fluid Product Portfolio
7.10.3 Newpark Resources Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Newpark Resources Main Business and Markets Served
7.10.5 Newpark Resources Recent Developments/Updates
7.11 Orean Hydrocarbons Middle East
7.11.1 Orean Hydrocarbons Middle East Oil-based Drilling Fluid Company Information
7.11.2 Orean Hydrocarbons Middle East Oil-based Drilling Fluid Product Portfolio
7.11.3 Orean Hydrocarbons Middle East Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Orean Hydrocarbons Middle East Main Business and Markets Served
7.11.5 Orean Hydrocarbons Middle East Recent Developments/Updates
7.12 Petrochem Performance Chemicals
7.12.1 Petrochem Performance Chemicals Oil-based Drilling Fluid Company Information
7.12.2 Petrochem Performance Chemicals Oil-based Drilling Fluid Product Portfolio
7.12.3 Petrochem Performance Chemicals Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Petrochem Performance Chemicals Main Business and Markets Served
7.12.5 Petrochem Performance Chemicals Recent Developments/Updates
7.13 National Oilwell Varco
7.13.1 National Oilwell Varco Oil-based Drilling Fluid Company Information
7.13.2 National Oilwell Varco Oil-based Drilling Fluid Product Portfolio
7.13.3 National Oilwell Varco Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.13.4 National Oilwell Varco Main Business and Markets Served
7.13.5 National Oilwell Varco Recent Developments/Updates
7.14 Royal Dutch Shell
7.14.1 Royal Dutch Shell Oil-based Drilling Fluid Company Information
7.14.2 Royal Dutch Shell Oil-based Drilling Fluid Product Portfolio
7.14.3 Royal Dutch Shell Oil-based Drilling Fluid Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Royal Dutch Shell Main Business and Markets Served
7.14.5 Royal Dutch Shell Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Oil-based Drilling Fluid Industry Chain Analysis
8.2 Oil-based Drilling Fluid Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Oil-based Drilling Fluid Production Mode & Process Analysis
8.4 Oil-based Drilling Fluid Sales and Marketing
8.4.1 Oil-based Drilling Fluid Sales Channels
8.4.2 Oil-based Drilling Fluid Distributors
8.5 Oil-based Drilling Fluid Customer Analysis
9 Oil-based Drilling Fluid Market Dynamics
9.1 Oil-based Drilling Fluid Industry Trends
9.2 Oil-based Drilling Fluid Market Drivers
9.3 Oil-based Drilling Fluid Market Challenges
9.4 Oil-based Drilling Fluid 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 Oil-based Drilling Fluid Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Oil-based Drilling Fluid Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Oil-based Drilling Fluid Production Capacity (K MT) by Manufacturers in 2024
 Table 4. Global Oil-based Drilling Fluid Production by Manufacturers (2020-2025) & (K MT)
 Table 5. Global Oil-based Drilling Fluid Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Oil-based Drilling Fluid Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Oil-based Drilling Fluid Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Oil-based Drilling Fluid, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Oil-based Drilling Fluid as of 2024)
 Table 10. Global Market Oil-based Drilling Fluid Average Price by Manufacturers (USD/MT) & (2020-2025)
 Table 11. Global Key Manufacturers of Oil-based Drilling Fluid, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Oil-based Drilling Fluid, Product Offered and Application
 Table 13. Global Key Manufacturers of Oil-based Drilling Fluid, Date of Enter into This Industry
 Table 14. Global Oil-based Drilling Fluid Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Oil-based Drilling Fluid Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Oil-based Drilling Fluid Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Oil-based Drilling Fluid Production Value Market Share by Region (2020-2025)
 Table 19. Global Oil-based Drilling Fluid Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Oil-based Drilling Fluid Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Oil-based Drilling Fluid Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 22. Global Oil-based Drilling Fluid Production (K MT) by Region (2020-2025)
 Table 23. Global Oil-based Drilling Fluid Production Market Share by Region (2020-2025)
 Table 24. Global Oil-based Drilling Fluid Production (K MT) Forecast by Region (2026-2031)
 Table 25. Global Oil-based Drilling Fluid Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Oil-based Drilling Fluid Market Average Price (USD/MT) by Region (2020-2025)
 Table 27. Global Oil-based Drilling Fluid Market Average Price (USD/MT) by Region (2026-2031)
 Table 28. Global Oil-based Drilling Fluid Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 29. Global Oil-based Drilling Fluid Consumption by Region (2020-2025) & (K MT)
 Table 30. Global Oil-based Drilling Fluid Consumption Market Share by Region (2020-2025)
 Table 31. Global Oil-based Drilling Fluid Forecasted Consumption by Region (2026-2031) & (K MT)
 Table 32. Global Oil-based Drilling Fluid Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Oil-based Drilling Fluid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 34. North America Oil-based Drilling Fluid Consumption by Country (2020-2025) & (K MT)
 Table 35. North America Oil-based Drilling Fluid Consumption by Country (2026-2031) & (K MT)
 Table 36. Europe Oil-based Drilling Fluid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 37. Europe Oil-based Drilling Fluid Consumption by Country (2020-2025) & (K MT)
 Table 38. Europe Oil-based Drilling Fluid Consumption by Country (2026-2031) & (K MT)
 Table 39. Asia Pacific Oil-based Drilling Fluid Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 40. Asia Pacific Oil-based Drilling Fluid Consumption by Region (2020-2025) & (K MT)
 Table 41. Asia Pacific Oil-based Drilling Fluid Consumption by Region (2026-2031) & (K MT)
 Table 42. Latin America, Middle East & Africa Oil-based Drilling Fluid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 43. Latin America, Middle East & Africa Oil-based Drilling Fluid Consumption by Country (2020-2025) & (K MT)
 Table 44. Latin America, Middle East & Africa Oil-based Drilling Fluid Consumption by Country (2026-2031) & (K MT)
 Table 45. Global Oil-based Drilling Fluid Production (K MT) by Type (2020-2025)
 Table 46. Global Oil-based Drilling Fluid Production (K MT) by Type (2026-2031)
 Table 47. Global Oil-based Drilling Fluid Production Market Share by Type (2020-2025)
 Table 48. Global Oil-based Drilling Fluid Production Market Share by Type (2026-2031)
 Table 49. Global Oil-based Drilling Fluid Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Oil-based Drilling Fluid Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Oil-based Drilling Fluid Production Value Market Share by Type (2020-2025)
 Table 52. Global Oil-based Drilling Fluid Production Value Market Share by Type (2026-2031)
 Table 53. Global Oil-based Drilling Fluid Price (USD/MT) by Type (2020-2025)
 Table 54. Global Oil-based Drilling Fluid Price (USD/MT) by Type (2026-2031)
 Table 55. Global Oil-based Drilling Fluid Production (K MT) by Application (2020-2025)
 Table 56. Global Oil-based Drilling Fluid Production (K MT) by Application (2026-2031)
 Table 57. Global Oil-based Drilling Fluid Production Market Share by Application (2020-2025)
 Table 58. Global Oil-based Drilling Fluid Production Market Share by Application (2026-2031)
 Table 59. Global Oil-based Drilling Fluid Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Oil-based Drilling Fluid Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Oil-based Drilling Fluid Production Value Market Share by Application (2020-2025)
 Table 62. Global Oil-based Drilling Fluid Production Value Market Share by Application (2026-2031)
 Table 63. Global Oil-based Drilling Fluid Price (USD/MT) by Application (2020-2025)
 Table 64. Global Oil-based Drilling Fluid Price (USD/MT) by Application (2026-2031)
 Table 65. Schlumberger Limited Oil-based Drilling Fluid Company Information
 Table 66. Schlumberger Limited Oil-based Drilling Fluid Specification and Application
 Table 67. Schlumberger Limited Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 68. Schlumberger Limited Main Business and Markets Served
 Table 69. Schlumberger Limited Recent Developments/Updates
 Table 70. DowDuPont Oil-based Drilling Fluid Company Information
 Table 71. DowDuPont Oil-based Drilling Fluid Specification and Application
 Table 72. DowDuPont Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 73. DowDuPont Main Business and Markets Served
 Table 74. DowDuPont Recent Developments/Updates
 Table 75. Halliburton Oil-based Drilling Fluid Company Information
 Table 76. Halliburton Oil-based Drilling Fluid Specification and Application
 Table 77. Halliburton Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 78. Halliburton Main Business and Markets Served
 Table 79. Halliburton Recent Developments/Updates
 Table 80. Baker Hughes-a GE Company Oil-based Drilling Fluid Company Information
 Table 81. Baker Hughes-a GE Company Oil-based Drilling Fluid Specification and Application
 Table 82. Baker Hughes-a GE Company Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 83. Baker Hughes-a GE Company Main Business and Markets Served
 Table 84. Baker Hughes-a GE Company Recent Developments/Updates
 Table 85. Akzo Nobel NV Oil-based Drilling Fluid Company Information
 Table 86. Akzo Nobel NV Oil-based Drilling Fluid Specification and Application
 Table 87. Akzo Nobel NV Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 88. Akzo Nobel NV Main Business and Markets Served
 Table 89. Akzo Nobel NV Recent Developments/Updates
 Table 90. Weatherford International Oil-based Drilling Fluid Company Information
 Table 91. Weatherford International Oil-based Drilling Fluid Specification and Application
 Table 92. Weatherford International Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 93. Weatherford International Main Business and Markets Served
 Table 94. Weatherford International Recent Developments/Updates
 Table 95. Clariant International Oil-based Drilling Fluid Company Information
 Table 96. Clariant International Oil-based Drilling Fluid Specification and Application
 Table 97. Clariant International Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 98. Clariant International Main Business and Markets Served
 Table 99. Clariant International Recent Developments/Updates
 Table 100. Solvay Oil-based Drilling Fluid Company Information
 Table 101. Solvay Oil-based Drilling Fluid Specification and Application
 Table 102. Solvay Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 103. Solvay Main Business and Markets Served
 Table 104. Solvay Recent Developments/Updates
 Table 105. Gumpro Drilling Fluids Private Oil-based Drilling Fluid Company Information
 Table 106. Gumpro Drilling Fluids Private Oil-based Drilling Fluid Specification and Application
 Table 107. Gumpro Drilling Fluids Private Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 108. Gumpro Drilling Fluids Private Main Business and Markets Served
 Table 109. Gumpro Drilling Fluids Private Recent Developments/Updates
 Table 110. Newpark Resources Oil-based Drilling Fluid Company Information
 Table 111. Newpark Resources Oil-based Drilling Fluid Specification and Application
 Table 112. Newpark Resources Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 113. Newpark Resources Main Business and Markets Served
 Table 114. Newpark Resources Recent Developments/Updates
 Table 115. Orean Hydrocarbons Middle East Oil-based Drilling Fluid Company Information
 Table 116. Orean Hydrocarbons Middle East Oil-based Drilling Fluid Specification and Application
 Table 117. Orean Hydrocarbons Middle East Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 118. Orean Hydrocarbons Middle East Main Business and Markets Served
 Table 119. Orean Hydrocarbons Middle East Recent Developments/Updates
 Table 120. Petrochem Performance Chemicals Oil-based Drilling Fluid Company Information
 Table 121. Petrochem Performance Chemicals Oil-based Drilling Fluid Specification and Application
 Table 122. Petrochem Performance Chemicals Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 123. Petrochem Performance Chemicals Main Business and Markets Served
 Table 124. Petrochem Performance Chemicals Recent Developments/Updates
 Table 125. National Oilwell Varco Oil-based Drilling Fluid Company Information
 Table 126. National Oilwell Varco Oil-based Drilling Fluid Specification and Application
 Table 127. National Oilwell Varco Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 128. National Oilwell Varco Main Business and Markets Served
 Table 129. National Oilwell Varco Recent Developments/Updates
 Table 130. Royal Dutch Shell Oil-based Drilling Fluid Company Information
 Table 131. Royal Dutch Shell Oil-based Drilling Fluid Specification and Application
 Table 132. Royal Dutch Shell Oil-based Drilling Fluid Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 133. Royal Dutch Shell Main Business and Markets Served
 Table 134. Royal Dutch Shell Recent Developments/Updates
 Table 135. Key Raw Materials Lists
 Table 136. Raw Materials Key Suppliers Lists
 Table 137. Oil-based Drilling Fluid Distributors List
 Table 138. Oil-based Drilling Fluid Customers List
 Table 139. Oil-based Drilling Fluid Market Trends
 Table 140. Oil-based Drilling Fluid Market Drivers
 Table 141. Oil-based Drilling Fluid Market Challenges
 Table 142. Oil-based Drilling Fluid 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 Oil-based Drilling Fluid
 Figure 2. Global Oil-based Drilling Fluid Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Oil-based Drilling Fluid Market Share by Type: 2024 VS 2031
 Figure 4. Coarse Drilling Fluid Product Picture
 Figure 5. High Quality Drilling Fluid Product Picture
 Figure 6. Global Oil-based Drilling Fluid Market Value by Application, (US$ Million) & (2020-2031)
 Figure 7. Global Oil-based Drilling Fluid Market Share by Application: 2024 VS 2031
 Figure 8. Onshore
 Figure 9. Offshore
 Figure 10. Global Oil-based Drilling Fluid Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 11. Global Oil-based Drilling Fluid Production Value (US$ Million) & (2020-2031)
 Figure 12. Global Oil-based Drilling Fluid Production Capacity (K MT) & (2020-2031)
 Figure 13. Global Oil-based Drilling Fluid Production (K MT) & (2020-2031)
 Figure 14. Global Oil-based Drilling Fluid Average Price (USD/MT) & (2020-2031)
 Figure 15. Oil-based Drilling Fluid Report Years Considered
 Figure 16. Oil-based Drilling Fluid Production Share by Manufacturers in 2024
 Figure 17. Global Oil-based Drilling Fluid Production Value Share by Manufacturers (2024)
 Figure 18. Oil-based Drilling Fluid Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 19. The Global 5 and 10 Largest Players: Market Share by Oil-based Drilling Fluid Revenue in 2024
 Figure 20. Global Oil-based Drilling Fluid Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 21. Global Oil-based Drilling Fluid Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 22. Global Oil-based Drilling Fluid Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)
 Figure 23. Global Oil-based Drilling Fluid Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 24. North America Oil-based Drilling Fluid Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 25. Europe Oil-based Drilling Fluid Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 26. China Oil-based Drilling Fluid Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. Japan Oil-based Drilling Fluid Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. Global Oil-based Drilling Fluid Consumption by Region: 2020 VS 2024 VS 2031 (K MT)
 Figure 29. Global Oil-based Drilling Fluid Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 30. North America Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 31. North America Oil-based Drilling Fluid Consumption Market Share by Country (2020-2031)
 Figure 32. U.S. Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 33. Canada Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 34. Europe Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 35. Europe Oil-based Drilling Fluid Consumption Market Share by Country (2020-2031)
 Figure 36. Germany Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 37. France Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 38. U.K. Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 39. Italy Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 40. Russia Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 41. Asia Pacific Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 42. Asia Pacific Oil-based Drilling Fluid Consumption Market Share by Region (2020-2031)
 Figure 43. China Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 44. Japan Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 45. South Korea Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 46. China Taiwan Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 47. Southeast Asia Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 48. India Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 49. Latin America, Middle East & Africa Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 50. Latin America, Middle East & Africa Oil-based Drilling Fluid Consumption Market Share by Country (2020-2031)
 Figure 51. Mexico Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 52. Brazil Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 53. Turkey Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 54. GCC Countries Oil-based Drilling Fluid Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 55. Global Production Market Share of Oil-based Drilling Fluid by Type (2020-2031)
 Figure 56. Global Production Value Market Share of Oil-based Drilling Fluid by Type (2020-2031)
 Figure 57. Global Oil-based Drilling Fluid Price (USD/MT) by Type (2020-2031)
 Figure 58. Global Production Market Share of Oil-based Drilling Fluid by Application (2020-2031)
 Figure 59. Global Production Value Market Share of Oil-based Drilling Fluid by Application (2020-2031)
 Figure 60. Global Oil-based Drilling Fluid Price (USD/MT) by Application (2020-2031)
 Figure 61. Oil-based Drilling Fluid Value Chain
 Figure 62. Channels of Distribution (Direct Vs Distribution)
 Figure 63. Bottom-up and Top-down Approaches for This Report
 Figure 64. Data Triangulation
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