Welcome!

News Feed Item

Latin America Drilling Fluids Market is Expected to Reach USD 1,161.1 Million by 2020: Transparency Market Research

ALBANY, New York, September 1, 2014 /PRNewswire/ --


Transparency Market Research has released a new market report titled "Drilling Fluids Market (By Product Segment - Water-based, Oil-based and Synthetic Drilling Fluids): Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020." According to the report, the drilling fluids market in Latin America was valued at USD 608.7 million in 2013 and is anticipate to reach USD 1,161.1 million by 2019, expanding at a CAGR of 9.63% from 2014 to 2020.

Browse the full Latin America Drilling Fluids Market Report at http://www.transparencymarketresearch.com/latin-america-drilling-fluids-market.html

The drilling fluids market in Latin America has been analyzed based on product segments, namely water-based fluids (WBFs), oil-based fluids (OBFs) and synthetic-based fluids (SBFs). In terms of revenue, WBFs segment dominated the overall market, accounting for more than 58% of the drilling fluids market share in Latin America in 2013. WBFs segment is estimated to be one of the rapidly growing segments during the forecast period due to its eco-friendly nature and cheap price compared to other drilling fluids. WBFs require minimal treatment before discharge; hence, these are used widely as compared to oil and synthetic drilling fluids. In offshore regions, WBFs are dumped into the seawater after attaining a permissible toxic content level as determined by the environmental regulatory bodies. Key technology segments analyzed in this study include dispersed systems and non-dispersed systems. These are classified as sub-segments of water-based fluids. In terms of revenue, dispersed systems dominated the market, occupying more than 60% of the market share in 2013.

In terms of revenue, Brazil dominated the drilling fluids market in Latin America, accounting for over 26% of the market share in 2013. High investment in deep water and ultra-deep water reserves is proving to be a boon for the market in Brazil. Increased exploration activities for other unconventional sources of energy, such as CBM (Coal Bed Methane) and shale gas, are further anticipated to drive the drilling fluids market in Latin America.

Related & Recently Published Reports by Transparency Market Research 

Key players in the drilling fluids market in Latin America include Baker Hughes Incorporated, Newpark Resources Inc., Halliburton Company, Schlumberger Limited, Weatherford International Limited, and Imdex Limited (AMC Oil & Gas).

Latin American Drilling Fluids Market: Product Segment Analysis 

  • Water-based fluids
  • Oil-based fluids
  • Synthetic-based fluids

Latin American Drilling Fluids Market: Technology Analysis 

  • Dispersed systems
  • Non-dispersed systems

Get Request Sample of Latin America Drilling Fluids Market at http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3019

Latin American Drilling Fluids Market: Country-wise Analysis 

  • Argentina
  • Brazil
  • Venezuela
  • Others (Rest of Latin America)

Browse All Energy & Mining Market Research Reports @ http://www.transparencymarketresearch.com/energy-market-reports-3.html

About Us  

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Website: http://www.transparencymarketresearch.com/

Company Blog: http://www.tmrblog.com/

Browse All PR: http://www.transparencymarketresearch.com/press-releases.htm

Browse All Articles: http://www.transparencymarketresearch.com/articles.htm

Browse Press Release "Latin America Drilling Fluids Market"

 at @ http://www.transparencymarketresearch.com/pressrelease/latin-america-drilling-fluids-market.htm

Contact
Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]


SOURCE Transparency Market Research

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and 21st International Cloud Expo, which will take place in November in Silicon Valley, California.
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain.
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTred processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Did you know that you can develop for mainframes in Java? Or that the testing and deployment can be automated across mobile to mainframe? In his session at @DevOpsSummit at 20th Cloud Expo, Vaughn Marshall, Sr. Principal Product Owner at CA Technologies, will discuss and demo how increasingly teams are developing with agile methodologies using modern development environments and automating testing and deployments, mobile to mainframe.
Developers want to create better apps faster. Static clouds are giving way to scalable systems, with dynamic resource allocation and application monitoring. You won't hear that chant from users on any picket line, but helping developers to create better apps faster is the mission of Lee Atchison, principal cloud architect and advocate at New Relic Inc., based in San Francisco. His singular job is to understand and drive the industry in the areas of cloud architecture, microservices, scalability ...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.