Africa Drilling and Completion Fluids Market by Type , By Application , By Countries - Regional Trend & Forecast to 2019

The drilling and completion fluid market is estimated to grow at a CAGR of 5.2% from 2014 to 2019. Although Egypt holds the largest market share among all countries, Libya is expected to grow at the highest CAGR of 7.0% among all countries during the forecast period. Extensive drilling activities, increase in production of oil and gas, technological advancements, increasing exploration for shale gas and coal bed methane, and development of advanced drilling fluid chemicals are some of the factors fuelling the growth of drilling and completion fluid market in African region. However, stringent government regulations and increasing environmental concerns are some of the key challenges faced by drilling and completion fluid market players.
The report segments the drilling and completion fluid market on the basis of types, applications, and countries. The application areas are onshore and offshore, each having different technical requirement for drilling and completion fluids. Onshore area had the larger market share of 63% market share in 2014 as most of the drilling and exploration activities are onshore. However, offshore application has a high growth potential and is expected to increase its market share rapidly in coming years. Offshore application segment is expected to grow at a CAGR of 5.4% from 2014 to 2019. The African drilling and completion fluid market is classified into five countries, namely, Egypt, Angola, Algeria, Libya, and Nigeria.
The drilling and completion fluid market is a competitive market with a number of market players. As of 2014, drilling and completion fluid market was dominated by M-I SWACO (U.S.). Other companies operating in this market include Halliburton, Baker Hughes (U.S.), New Park Resources Inc. (U.S.), Tetra Technologies Inc. (U.S.), Scomi Group BHD (Malaysia), and Weatherford International Ltd. (Switzerland). New product and technology launches, acquisitions, joint ventures, agreements, alliances, and capacity expansion are some of the key strategies adopted by key market players to accomplish growth in the drilling and completion fluid market.

Reasons to Buy the Report:
The research report focuses on various level of analysis including market share analysis of top players, industry analysis, and company profiles, which together contain and discuss the basic views on the competitive landscape, emerging and high growth segments of the drilling and completion fluid market, high growth regions and countries and their particular regulatory policies, government initiatives, drivers, restraints, and opportunities.
The report offers details on both established firms as well as new entrants, in order to measure the pulse of the market, which in turn will deliver useful insights, including the market share. Firms purchasing the report could use any one or combination of profiled strategies, that is, market penetration, product development/innovation, market development, market diversification, and competitive assessment for strengthening their market share.
The report provides insights on the following pointers:
‧ Market Penetration: Complete information on drilling and completion fluid offered by top players in the drilling and completion fluid market.

‧ Product Development/ Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the drilling and completion fluid market.

‧ Market Development: Comprehensive information about emerging markets. The report analyses the markets for various drilling and completion fluid across geographies.

‧ Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in drilling and completion fluid market.

‧ Competitive Assessment: In-depth assessment of market shares, strategies, products and manufacturing capabilities of leading players in the drilling and completion fluid market.

TABLE OF CONTENTS

1 INTRODUCTION 9
1.1 OBJECTIVES OF THE STUDY 9
1.2 MARKET SEGMENTATION AND COVERAGE 9
1.3 STAKEHOLDERS 10
2 RESEARCH METHODOLOGY 11
2.1 INTEGRATED ECOSYSTEM OF AFRICA DRILLING AND COMPLETION FLUIDS MARKET 11
2.2 ARRIVING AT THE AFRICA DRILLING AND COMPLETION FLUIDS MARKET 12
2.2.1 TOP-DOWN APPROACH 13
2.2.2 BOTTOM-UP APPROACH 14
2.2.3 DEMAND SIDE APPROACH 14
2.2.4 MACRO INDICATOR-BASED APPROACH 15
2.3 ASSUMPTIONS 17
3 EXECUTIVE SUMMARY 18
4 MARKET OVERVIEW 20
4.1 INTRODUCTION 20
4.2 AFRICA DRILLING AND COMPLETION FLUIDS MARKET: COMPARISON WITH PARENT MARKET (USD MN) 21
4.3 MARKET DRIVERS AND INHIBITORS 22
4.4 KEY MARKET DYNAMICS 24
4.5 DEMAND SIDE ANALYSIS 25
5 AFRICA DRILLING AND COMPLETION FLUIDS MARKET, BY APPLICATION 26
5.1 INTRODUCTION 26
5.2 AFRICA DRILLING AND COMPLETION FLUIDS MARKET, BY APPLICATION 27
5.3 AFRICA ONSHORE DRILLING AND COMPLETION FLUIDS MARKET, BY COUNTRY 28
5.4 AFRICA OFFSHORE DRILLING AND COMPLETION FLUIDS MARKET, BY COUNTRY 29
5.5 SNEAK VIEW: AFRICA DRILLING AND COMPLETION FLUIDS MARKET, BY APPLICATION 30
6 AFRICA DRILLING AND COMPLETION FLUIDS MARKET, BY TYPE 32
6.1 INTRODUCTION 32
6.2 AFRICA DRILLING AND COMPLETION FLUIDS MARKET, BY COUNTRY 33
6.3 AFRICA OIL-BASED SYSTEM MARKET, BY COUNTRY 34
6.4 AFRICA SYNTHETIC-BASED SYSTEM MARKET, BY COUNTRY 35
6.5 SNEAK VIEW: AFRICA DRILLING AND COMPLETION FLUIDS MARKET, BY TYPE (2013) 36
7 AFRICA DRILLING AND COMPLETION FLUIDS MARKET, BY COUNTRY 37
7.1 INTRODUCTION 37
7.2 EGYPT DRILLING AND COMPLETION FLUIDS MARKET 38
7.2.1 EGYPT DRILLING AND COMPLETION FLUIDS MARKET, BY APPLICATION 39
7.2.2 EGYPT DRILLING AND COMPLETION FLUIDS MARKET, BY TYPE 40
7.3 ALGERIA DRILLING AND COMPLETION FLUIDS MARKET 42
7.3.1 ALGERIA DRILLING AND COMPLETION FLUIDS MARKET, BY APPLICATION 42
7.3.2 ALGERIA DRILLING AND COMPLETION FLUIDS MARKET, BY TYPE 44
7.4 ANGOLA DRILLING AND COMPLETION FLUIDS MARKET 45
7.4.1 ANGOLA DRILLING AND COMPLETION FLUIDS MARKET, BY APPLICATION 46
7.4.2 ANGOLA DRILLING AND COMPLETION FLUIDS MARKET, BY TYPE 47
7.5 LIBYA DRILLING AND COMPLETION FLUIDS MARKET 49
7.5.1 LIBYA DRILLING AND COMPLETION FLUIDS MARKET, BY APPLICATION 49
7.5.2 LIBYA DRILLING AND COMPLETION FLUIDS MARKET, BY TYPE 51
7.6 NIGERIA DRILLING AND COMPLETION FLUIDS MARKET 52
7.6.1 NIGERIA DRILLING AND COMPLETION FLUIDS MARKET, BY APPLICATION 53
7.6.2 NIGERIA DRILLING AND COMPLETION FLUIDS MARKET, BY TYPE 54
8 AFRICA DRILLING AND COMPLETION FLUIDS MARKET: COMPETITIVE LANDSCAPE 56
8.1 AFRICA DRILLING AND COMPLETION FLUIDS MARKET: COMPANY SHARE ANALYSIS 56
8.2 COMPETITIVE LANDSCAPE 57
8.3 CONTRACTS & AGREEMENTS 57
8.4 NEW TECHNOLOGY DEVELOPMENTS 58
8.5 NEW PRODUCT DEVELOPMENTS 59
8.6 OTHER DEVELOPMENTS 60
9 AFRICA DRILLING AND COMPLETION FLUIDS MARKET, BY COMPANY 61
(Overview, Products & Services, Strategies & Insights, Developments and MMM View)*
9.1 M-I SWACO 61
9.2 HALLIBURTON 65
9.3 BAKER HUGHES INC. 69
9.4 NEWPARK RESOURCES INC. 73
9.5 TETRA TECHNOLOGIES INC. 76
9.6 WEATHERFORD INTERNATIONAL 79
9.7 SCOMI GROUP BHD 82
*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View might not be captured in case of unlisted companies.
10 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 85
10.1 RT SNAPSHOTS 86