Browse the full Drilling Fluids Market (By Product Segment - Water-based, Oil-based and Synthetic Drilling Fluids): Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/latin-america-drilling-fluids-market.html


The drilling fluids market in Latin America has been analyzed based on product segments, namely water-based fluids (WBFs), oil-based fluids (OBFs) and synthetic-based fluids (SBFs). In terms of revenue, WBFs segment dominated the overall market, accounting for more than 58% of the drilling fluids market share in Latin America in 2013. WBFs segment is estimated to be one of the rapidly growing segments during the forecast period due to its eco-friendly nature and cheap price compared to other drilling fluids. WBFs require minimal treatment before discharge; hence, these are used widely as compared to oil and synthetic drilling fluids. In offshore regions, WBFs are dumped into the seawater after attaining a permissible toxic content level as determined by the environmental regulatory bodies. Key technology segments analyzed in this study include dispersed systems and non-dispersed systems. These are classified as sub-segments of water-based fluids. In terms of revenue, dispersed systems dominated the market, occupying more than 60% of the market share in 2013.

latin-america-drilling-fluids-market

In terms of revenue, Brazil dominated the drilling fluids market in Latin America, accounting for over 26% of the market share in 2013. High investment in deep water and ultra-deep water reserves is proving to be a boon for the market in Brazil. Increased exploration activities for other unconventional sources of energy, such as CBM (Coal Bed Methane) and shale gas, are further anticipated to drive the drilling fluids market in Latin America.

Key players in the drilling fluids market in Latin America include Baker Hughes Incorporated, Newpark Resources Inc., Halliburton Company, Schlumberger Limited, Weatherford International Limited, and Imdex Limited (AMC Oil & Gas).


Request a Sample of this Report :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3019

Latin American Drilling Fluids Market: Product Segment Analysis
Water-based fluids
Oil-based fluids
Synthetic-based fluids
Latin American Drilling Fluids Market: Technology Analysis
Dispersed systems
Non-dispersed systems
Latin American Drilling Fluids Market: Country-wise Analysis
Argentina
Brazil
Venezuela
Others (Rest of Latin America)



About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.