The Report “Latin America Drilling and Completion Fluids Market by Type (Water Based, Synthetic Based, Oil Based & others), By Application (Onshore & Offshore), By Countries - Regional Trend & Forecast to 2019” is estimated to reach $1,398.7 million by 2019, at a CAGR of 6.6% from 2014 to 2019.
Browse through the TOC of the Latin America Drilling and Completion Fluids Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Increasing energy demand and discoveries of new coalbed methane, and shale reserves are augmenting the rapid growth in drilling activities, especially in the deep and ultra-deep waters. Rise in oilfield discoveries and drilling activities have positively impacted the drilling fluid and completion fluid market. Among all the above mentioned factors, growth in offshore exploration activities is also driving the drilling fluid and completion fluid market in Latin America.
The drilling fluid and completion fluid market is segmented on the basis of type, application, and geography. According to type, the market is segmented into water-based, oil-based, and synthetic-based among others. With respect to application, this market is classified into offshore and onshore operations. The market is further segmented into countries, such as the Mexico, Brazil, Venezuela, and Argentina others.
This report includes market share, value chain analysis, and market metrics such as drivers and restraints. In addition to this, it also presents competitive landscape and company profiles of key players thriving in the drilling fluid and completion fluid market in Latin America.
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