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The global water-based drilling & completion fluids market report defines and segments the concerned market with analysis and forecast of revenue.
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MicroMarket Monitor World’s 1st Real Time Market Intelligence Forecasts North America Drilling Fluid & Completion Fluid Market is Expected to Reach $7,849 million in 2018. http://www.micromarketmonitor.com/market/north-america-drilling-fluid-completion-fluid-2200133703.html
The global water-based drilling & completion fluids market report defines and segments the concerned market with analysis and forecast of revenue. • The market is estimated to grow from $6,394.7 million in 2013 to $9,311.6 million by 2018, at a CAGR of 7.8% from 2013 to 2018. • Key players in the North America Drilling Fluid & Completion Fluid Market are Baker Hughes, Halliburton, Tetra Technologies, Inc., M-I SWACO, Anchor Drilling Fluids USA, Inc. & others. http://www.micromarketmonitor.com/market/north-america-drilling-fluid-completion-fluid-2200133703.html
Browse through the TOC of the global water-based drilling & completion fluids market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the market, and is supported by various tables and figures. http://www.micromarketmonitor.com/market/north-america-drilling-fluid-completion-fluid-2200133703.html Enquiry before Buying http://www.micromarketmonitor.com/market/north-america-drilling-fluid-completion-fluid-2200133703.html
Continuous rise in deep water drilling activities and increased oil production, along with technological developments are driving the market. • The economic advantage of using water-based drilling fluid is significant, as they are easily and extensively available throughout the globe. • The water-based drilling fluid reduces the environmental threats, and it is less expensive vis-a-vis oil-based and synthetic-based drilling fluids. • The market is segmented and forecast on the basis of geography, which includes North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific. http://www.micromarketmonitor.com/market/north-america-drilling-fluid-completion-fluid-2200133703.html
Europe Drilling Fluid & Completion Fluid Market : • The European drilling fluid and completion fluid market was valued at $1,313.87 million in 2013 and is forecasted to reach $1,766.42 million by 2018, growing at a CAGR of 6.10% from 2013 to 2018. • The water-based system in drilling fluid and completion fluid accounted for around $810 million in 2013. • Increase in drilling and exploration activities for shale and other resources has led to widespread consumption of drilling fluids, which forms one of the reasons for the growth of the drilling and completion fluid market in Europe. http://www.micromarketmonitor.com/market/north-america-drilling-fluid-completion-fluid-2200133703.html
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