Middle East Drilling Fluid & Completion Fluid Market is Expected to Reach $740 Million in 2018 The Middle East Drilling fluid and Completion fluid Market report defines and segments the drilling fluid and completion fluid market in Middle East with analysis and forecast of revenue. The drilling fluid and completion fluid market in Middle East is estimated to grow from around $560 million in 2013 to $740 million by 2018, at a CAGR of 5.7%, for the given period. The increasing energy demand, rise in population, discoveries of new CBM and shale reserves are putting pressure to drill at high depths and enter deep and ultra deep waters. Recent increase in oilfield discoveries and rise in drilling activities especially for those focusing on crude oil has positively impacted the drilling fluid and completion fluid market. These factors have been major drivers for the drilling fluids and completion fluids market. The price trend of crude oil and natural gas will support remote offshore sites and shale exploration. Browse through the TOC of the Middle East drilling fluid and completion fluid Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Middle East drilling fluid and Completion fluid market, and is supported by various tables and figures. Get Free 10% Customization in This Report
Middle East holds the largest oil and gas reserves across the globe.Due to the increasing demand for oil and gas, the pressure to perform enhanced oil recovery has increased tremendously in Middle East, driving the drilling fluids market in this region. This market is segmented and forecasted on the basis of types, application and geography. Segmentation by type of drilling fluid includes- water based, oil based, synthetic based and others. By application the market is segmented into offshore and onshore operations. The market Email: sales@micromarketmonitor.com
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is further segmented and forecasted on the basis of major countries, such as Oman, Saudi Arabia and others. Get a copy of PDF Brochure @ http://www.micromarketmonitor.com/contact/3201014125download_pdf_brochure.html This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide drilling fluid.
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Email: sales@micromarketmonitor.com
Tel: +1-888-502-0539