- Water Based
- Oil Based
- Synthetic Based
The Latin America drilling fluids market estimated to be valued US$ XX Mn in 2023 and poised to grow at significant CAGR over 2024-2030. Market for Latin America drilling fluids projected to reach US$ XX Mn by 2025 due to increased application of drilling fluids in industry. Based on type, the market is segmented into water based, oil based and synthetic based. Water based segment is expected to dominate the Latin America drilling fluids market due to its low cost price, eco-friendly properties, and requires less chemical treatment. Latin America drilling fluids market is consolidating as large players complementing each others businesses by means of collaborations and acquisitions. For instance, in 2013, Newpark Mats and Integrated Services gained a stronger foothold in the UK and Europe with the acquisition of Terrafirma Roadways, a provider of temporary roadway and worksite solutions to utility, construction, and event customers. Located in Oxfordshire, England, Terrafirma had been a strategic partner with Newpark and the exclusive UK Distributor of Newparks DURA-BASE® Advanced-Composite Mat System.
This report gives comprehensive outlook on drilling fluids market across the regions with special emphasis on key countries of Latin America such as Brazil, Mexico, Argentina, Chile and rest of Latin America. This report gives historical, current, and future market sizes (US$ Mn) on the basis of type, by application type, and countries. This report studies market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Latin America drilling fluids market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Latin America drilling fluids market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities). Key stakeholders of the Latin America drilling fluids market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in Latin America drilling fluids market activities.
Latin America Drilling Fluids Market Dynamics
Development and launch of innovative drilling fluids by the market players enables surge in the drilling fluids market demand over the forecast years. For instance. In 2018, Baker Hughes Incorporated (U.S.) launched the new drilling fluids which has a wide range of application. Moreover, launch of newer products in various countries enables the growth of drilling fluids market over the forecast years.
Country Analysis
Latin America Drilling Fluids Market
Latin America drilling fluids market report analyses the market in different countries of Latin America. Argentina accounted for major revenue share in Latin America drilling fluids market owing to increased discoveries of gas and substantial oil.
Latin America
Europe
Asia Pacific
Middle East
North America
Latin America Drilling Fluids Market Segmentation
By Type
By Application
- Onshore
- Offshore
Geography
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Rest of Latin America
Frequently Asked Questions
2023 is the base year and 2030 is the forecast year.
The Latin America Drilling Fluids Market data: Latin America (Brazil, Mexico, Argentina)
The key players of Latin America Drilling Fluids Market are Schlumberger Limited Halliburton Inc. Baker Hughes Incorporated Newpark Resources Inc. National Oilwell Varco. Scomi Group Bhd TETRA Technologies, Inc. Canadian Energy Services & Technology Corp. GEO Drilling Fluids, Inc. Anchor Drilling Fluids USA, Inc.
Key Features of the Reports
- The latin america drilling fluids market report provides granular level information about the Market size, regional Market share, historic Market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.
| 1.Executive Summary |
| 2. Latin America Drilling Fluids Market Introduction |
| 2.1. Latin America Drilling Fluids Market - Taxonomy |
| 2.2. Latin America Drilling Fluids Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.Country |
| 3. Latin America Drilling Fluids Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Latin America Drilling Fluids Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Latin America Drilling Fluids Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Water Based |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Oil Based |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Synthetic Based |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Latin America Drilling Fluids Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Onshore |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Offshore |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Latin America Drilling Fluids Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Latin America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Brazil |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Mexico |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Rest of LA |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Competition Landscape |
| 8.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 8.2.1.Schlumberger Limited |
| 8.2.2.Halliburton Inc. |
| 8.2.3.Baker Hughes Incorporated |
| 8.2.4.Newpark Resources Inc. |
| 8.2.5.National Oilwell Varco. |
| 8.2.6.Scomi Group Bhd |
| 8.2.7.TETRA Technologies, Inc. |
| 8.2.8.Canadian Energy Services & Technology Corp. |
| 8.2.9.GEO Drilling Fluids, Inc. |
| 8.2.10.Anchor Drilling Fluids USA, Inc. |
| 9. Research Methodology |
| 10. Appendix and Abbreviations |
- Schlumberger Limited
- Halliburton Inc.
- Baker Hughes Incorporated
- Newpark Resources Inc.
- National Oilwell Varco.
- Scomi Group Bhd
- TETRA Technologies, Inc.
- Canadian Energy Services & Technology Corp.
- GEO Drilling Fluids, Inc.
- Anchor Drilling Fluids USA, Inc.