1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends

Africa Drilling and Completion Fluids Market by Type, By Application, By Countries - Regional Trend & Forecast to 2019

  • April 2015
  • 87 pages
  • Micro Market Monitor
Report ID: 2851981

Summary

Table of Contents

Search Inside

The drilling and completion fluid market is estimated to grow at a CAGR of 5.2% from 2014 to 2019. Although Egypt holds the largest market share among all countries, Libya is expected to grow at the highest CAGR of 7.0% among all countries during the forecast period. Extensive drilling activities, increase in production of oil and gas, technological advancements, increasing exploration for shale gas and coal bed methane, and development of advanced drilling fluid chemicals are some of the factors fuelling the growth of drilling and completion fluid market in African region. However, stringent government regulations and increasing environmental concerns are some of the key challenges faced by drilling and completion fluid market players.

The report segments the drilling and completion fluid market on the basis of types, applications, and countries. The application areas are onshore and offshore, each having different technical requirement for drilling and completion fluids. Onshore area had the larger market share of 63% market share in 2014 as most of the drilling and exploration activities are onshore. However, offshore application has a high growth potential and is expected to increase its market share rapidly in coming years. Offshore application segment is expected to grow at a CAGR of 5.4% from 2014 to 2019. The African drilling and completion fluid market is classified into five countries, namely, Egypt, Angola, Algeria, Libya, and Nigeria.

The drilling and completion fluid market is a competitive market with a number of market players. As of 2014, drilling and completion fluid market was dominated by M-I SWACO (U.S.). Other companies operating in this market include Halliburton, Baker Hughes (U.S.), New Park Resources Inc. (U.S.), Tetra Technologies Inc. (U.S.), Scomi Group BHD (Malaysia), and Weatherford International Ltd. (Switzerland). New product and technology launches, acquisitions, joint ventures, agreements, alliances, and capacity expansion are some of the key strategies adopted by key market players to accomplish growth in the drilling and completion fluid market.

Reasons to Buy the Report:
The research report focuses on various level of analysis including market share analysis of top players, industry analysis, and company profiles, which together contain and discuss the basic views on the competitive landscape, emerging and high growth segments of the drilling and completion fluid market, high growth regions and countries and their particular regulatory policies, government initiatives, drivers, restraints, and opportunities.

The report offers details on both established firms as well as new entrants, in order to measure the pulse of the market, which in turn will deliver useful insights, including the market share. Firms purchasing the report could use any one or combination of profiled strategies, that is, market penetration, product development/innovation, market development, market diversification, and competitive assessment for strengthening their market share.

The report provides insights on the following pointers:
- Market Penetration: Complete information on drilling and completion fluid offered by top players in the drilling and completion fluid market.

- Product Development/ Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the drilling and completion fluid market.

- Market Development: Comprehensive information about emerging markets. The report analyses the markets for various drilling and completion fluid across geographies.

- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in drilling and completion fluid market.

- Competitive Assessment: In-depth assessment of market shares, strategies, products and manufacturing capabilities of leading players in the drilling and completion fluid market.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Q1 2017 Production and Capital Expenditure Outlook for Key Planned Upstream Projects in Global Offshore Industry - Petrobras Leads Globally with Most Offshore Planned Oil and Gas Projects

  • $ 1500
  • Industry report
  • March 2017
  • by GlobalData

Q1 2017 Production and Capital Expenditure Outlook for Key Planned Upstream Projects in Global Offshore Industry - Petrobras Leads Globally with Most Offshore Planned Oil and Gas Projects Summary Globally, ...

Multi-Well Drilling Market Forecast 2017-2027

  • $ 3247
  • Industry report
  • May 2017
  • by Visiongain

Report Details The latest research report from business intelligence provider visiongain offers comprehensive analysis of the Multi-Well Drilling market. Visiongain assesses that this market will generate ...

Global Jack-Up Rig Market: Industry Analysis & Outlook (2017-2021)

  • $ 800
  • Industry report
  • April 2017
  • by Koncept Analytics

Rigs are giant structures or machines consisting of mud tanks, mud pumps, derrick or mast, draw works, rotary table, drill string, power generation equipments and auxiliary equipments. Rigs are used in ...


Download Unlimited Documents from Trusted Public Sources

The future of the Natural Gas Transportation Industry in India

  • June 2017
    9 pages
  • Natural Gas Tra...  

    Oil Extraction  

  • India  

    United States  

    Norway  

View report >

Global Crude Oil Statistics, Monthly Update

  • June 2017
    104 pages
  • Crude Oil  

    Oil  

    Gasoline  

  • Asia  

    World  

    OECD  

View report >

Global Crude Oil Statistics, Monthly Update

  • June 2017
    104 pages
  • Crude Oil  

    Oil  

    Gasoline  

  • Asia  

    World  

    OECD  

View report >

Global Oil Supply

1 month ago

Related Market Segments :

Offshore Drilling

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.