Oil & Gas Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Drilling Fluids - Water Based
Overview
Market size
$6.0B
global, USD
CAGR
4.7%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
5
tracked players
Signals
12
1 high severity
Market outlook
2031$7.5B
What changed
Demand by region
North America demand40%
Middle East & Africa demand25%
Asia Pacific demand15%
Latin America demand12%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
Weighting agents and barite inputs35%
Clays and biopolymer viscosifiers25%
Synthetic polymers and functional monomers15%
Blending manufacturing and logistics15%
Packaging and field service engineering10%
share of delivered cost (analyst estimate)