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, dispersancy, 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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Oilfield Drilling Fluid Additives Market, Download Free Sample Brochure:
Compact Outlook of
the Market:
While North America will remain by far the largest
regional market for oilfield chemicals, the Asia/Pacific region, led
by China, will overtake North America as the fastest
growing. China's vast demand for energy will continue to drive the
country's exploration and development of its significant unconventional
resource potential. Africa, the Middle East, and North
America are also expected to register above average growth,
while Europe and Central and South America trail the world
average.
Drilling fluids will continue to account for the largest
share of the market and will grow at a healthy pace. Offshore drilling, tight
and shale drilling, and the need to optimize costs and productivity have all
led to the use of more advanced and higher value oil- and water-based drilling
fluids along with well stimulation chemicals. These factors are clearly
expected to continue to contribute to the growth of the market.
Know More about Oilfield
Drilling Additives:
REPORT SCOPE:
Driving Factors:
The increasing demand from the energy sectors is creating an
increasing thrust for drilling deeper to extract more crude oil. This whole
process in turn acts as a key driving factor of the Drilling Fluids Industry.
Another important factor acting as a propellant for the
Oilfield Drilling Additives Market is the growing need for protection of oil
from various harmful organisms.
Segmentation:
The Oilfield Drilling Fluid Additives Market is broadly
divided into types based on numerous factors:
1.
By Fluid
Formulation: Water Based, Oil Based and Synthetic Based.
2.
By Type:
Dispersants, Defoamers, Surface Modifiers, Corrosion Inhibitors, Fluid
Viscosifiers and Biocides.
3.
By
Geography: North America, Europe, Middle East, APAC and RoW.
Each segment along with the sub segments is considered with
all aspects, studied and noted in detail in the report by IndustryARC.
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as per Your Requirements:
Key Players:
·
AES
Drilling Fluids, LLC
·
AkzoNobel
NV
·
Ashland,
Inc.
·
BASF
SE
·
Cargill,
Inc.
·
Chemiphase
Ltd
·
Chevron
Phillips Chemical Company LP
·
Clariant
AG
·
CP
Kelco Oil Field Group
·
Croda
International PLC
·
EI
DuPont de Nemours & Co
To mention one of the latest happenings, the growth of CnF
sales may also be compounded by the exploration of additional utilization. As a
leading provider of environmentally-friendly oilfield chemistries, the company
has also partnered with another leader in green oilfield solutions. In April
2015, Flotek and Solazyme,
Inc. (SZYM) announced a global commercial effort to market a jointly
developed product line called FLOCAPSO.
Speak to our Analyst
@ http://industryarc.com/inquiry-before-buying.aspx?id=6356
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