Drilling Fluids and Chemicals Market By Product Type (Oil Based Fluids, Water Based Fluids, Synthetic Fluids); By Additive Type (Polymer Viscosifiers, Barite, Bentonite, Lost Circulation Materials, Shale Inhibitors and Others); By Regions, Segments & Forecast, 2018 - 2026

Report Summary

预计2018年至2026年间，全球钻井液和化学品市场的复合年增长率将达到5.0%。

Recovery in drilling operations after the steep downturn in 2015 and 2016 owing to crashing of the oil prices is the major factor that is driving demand for drilling chemicals. Even though the rebound in drilling operations and recovery in demand for these products are getting stronger it is not anticipated to touch peak levels by 2021 and only after that period till 2026 the market is projected to grow significantly faster. Crude oil prices are expected to remain considerably below the water marks experienced in the past ten years limiting any further advances. Increasing use of horizontal drilling activity especially in the U.S. and Middle East countries is yet another driving factor for these products. Exploration and drilling of unconventional wells along with increasing emphasis on horizontal drilling where requirement of drilling fluids are significantly high owing to the addition of lateral lengths in the wellbore compared to for conventional wells or vertical drilling processes.

Moreover, with increasing complexity for oil exploration, as operators examine the limits of this technology to recover more and more crude for a single well, lateral length of the well increases making additional use of drilling fluids. Depletion of easy oil reserves, it is projected that the proportion of horizontal wells and their average total depth will continue to increase over the forecast period, hence boosting demand for these products. In consequence of the constraints owing to the current benchmark price era, operators have been dealing with several economical restrictions that substantially limit the potential profitability mainly in some certain plays. The E&P companies are facing breakeven cost, which only provide them with the capacity to pursue reserves in the most economical drilling opportunities. The operators seek out the plays that have higher geological advantages or for the other cost saving opportunities such as pre-existing infrastructure.

2017-2026年按产品类型划分的钻井液和化学品市场份额

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Segment Analysis:

全球钻井液和化学品行业分为产品类型、添加剂类型和地区。产品细分为油基钻井液、水基钻井液和合成液。添加剂细分为聚合物增粘剂、聚合物增粘剂、重晶石、膨润土、堵漏剂、页岩抑制剂等。由于在配方开发方面取得了相当大的技术进步，自过去五到六年以来，司钻一直青睐于某些特定的配方。水基钻井液和化学品是需求量最大的产品，因其成本较低且对环境友好。

此外，水平钻井的日益普及以及非常规储量勘探和生产的不断增加，继续增加了油井的复杂性，并为钻井作业创造了具有挑战性的条件。因此，司钻青睐高附加值的添加剂，这些添加剂也是多功能的，适用于这些复杂的钻井环境。由于水基液体的低成本和清洁性质也受到原油价格下跌的支持。然而，较低基准原油价格市场的限制预计不会推迟向价值较高或成本较高的钻井液添加剂的转变。

Regional Segments:

2017年，北美是领先的区域市场。北美的上游产业，特别是美国的上游产业预计在未来几年将经历健康的增长，克服价格下跌的影响。美国非常规钻探的增加是全球石油工业的主要发展，成功地改变了全球范围的供需平衡，并最终促成了近期油价的崩溃和控制。同时，非常规油气储量钻井作业的增加是油田化学品市场发生巨大变化的主要原因，因为与每口钻井相关的更高复杂性水平和成本增加最终导致该地区对这些产品的需求快速增长。

亚太地区将成为一个of the potential areas of investment by the initial period of 2021, owing to development of new shale gas wells which are expected to get ready for drilling by that period.

竞争分析：

Some of the leading industry participants currently operating in the industry include Clariant, Solvay, NALCO, Croda International Plc, Baker Hughes, Kemira, Halliburton, Schlumberger Limited, Stepan Company, Akzo Nobel N.V., The Lubrizol Corporation, BASF SE and Dow Chemical Company.