Hyderabad, India, March 21, 2017 (GLOBE NEWSWIRE) -- The report “Oilfield Drilling Fluid Additives Market: Fluid Viscosifiers (Cellulosics, Others) Corrosion Inhibitors (Oxides, Others) Dispersants (Ionic, Non Ionic) Biocides (Glutaraldehyde, Others) By Defoamers; By Formulation (Water, Oil, Synthetic) - Forecast (2017-2022)”, published by IndustryARC, estimates that with the emerging oilfield activities, the market shows rapid growth most notably, in China, Saudi Arabia, UAE and Russia.
Browse 90 Market Tables, 20 Figures spread through 179 Pages and an in-depth TOC on “Oilfield Drilling Fluid Additives Market 2017 – 2022”.
http://industryarc.com/Report/6356/Oilfield-Drilling-Fluid-Additives-Market-Research-Report.html
Scope & Regional Forecast of the Oilfield Drilling Fluid Additives Market:
Oilfield drilling fluid additives are chemical formulations which are used for multiple functions in oil processing. The additive technologies excel with emulsification and thinning/dispersion of oil-based muds. They help to create proper fluid weighting to balance pressure formation and optimize fluid flow. Other functions include maintaining strong boundary lubrication films in silicate-based mud systems specialized for shale drilling, which is done by lubricating agents. Among the other functions are wettability, detergency and clay stabilization. Selection of drilling fluid additives requires careful consideration of several criteria, such as; well design, rock composition, potential formation pressures and temperatures, reservoir chemistry, protection of the producing zone, and environmental regulations.
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Growth in the industry is not uniform acrosss the regions. Developed regions such as Europe and North America are estimated to exhibit sluggish growth. On the contrary, APAC and Middle East are poised to exhibit the fastest growth due to the favorable macroeconomic factors and strong demand for oil. China, Saudi Arabia, UAE and Russia are the growth frontiers for the Oilfield Drilling Fluid additives manufacturers, providing a huge market to be tapped. China’s vast demand for energy will continue to drive the country’s exploration and development of its significant unconventional resource potential, with a particular emphasis on natural gas, and hence increasing the additives market.
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Prominent Segmentations Involved in the Oilfield Drilling Fluid Additives Market:
The Oilfield Drilling Fluid Additives Market can be broken down into various segmentations on the basis of:
- Fluid Formulation: Water Based (Water-Based Fluids Are Used To Drill More Than 60% of All Well), Oil Based (Shale Inhibition is one of The Key Benefits of Using an Oil-Based System), Synthetic Based(Due To High Biodegradability and Low Toxicity, Esters are Universally Recognized as the Best Base Fluid for Environmental Performance).
- Type: Fluid Viscosifiers (Barite and Specially-Treated Organophilic Bentonite are Primary Viscosifiers in Most Oil-Based Systems), Corrosion Inhibitors, Dispersants (Ionic , Non Ionic), Surface Modifiers, Defoamers (Water Based, Oil Based, Silicone Based, Polymer Based, Alkyl Polyacrylates Based), Biocides [Gluteraldehyde, Chlorine, Tetrakis Hydroxymethyl Phosphonium Sulfate (THPS)] and Others.
- Geographic Regions: North America, Europe, APAC, Middle East and ROW.
Some of the sample companies profiled in the Oilfield Drilling Fluid Additives Market report are as follows:
- CP Kelco Oil Field Group
- Croda International PLC
- Dow Chemical Company
- E. I. du Pont de Nemours and Company
- Enviro Fluid
- Evonik Industries AG
- Flotek Industries
- FQS, Inc.
- Gemtek Products, Llc
- GEO Drilling fluids
- Pilot Chemical Company
- Quat-chem Ltd.
- Rig oil and services
- Shanghai Rich Chemicals Co., Ltd.
- Sichem LLC
- Solvay SA
- SOYAC Industrial
Why buy this report?
- Get a detailed picture of the Oilfield Drilling Fluid Additives Market.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the market’s major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
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