Drilling Fluid is used to aid the drilling of boreholes into the earth,often used while drilling oil and natural gas wells and on exploration drilling rigs.
The main functions of drilling fluids include providing hydrostatic pressure to prevent formation fluids from entering into the well bore.

The global Drilling Fluid market size is projected to reach US$ 1926.2 million by 2026, from US$ 1065 million in 2020, at a CAGR of 10.4% during 2021-2026.
This report focuses on Drilling Fluid volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Drilling Fluid market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Global Drilling Fluid Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment 2, the Drilling Fluid market is segmented into
Oil-Based Fluids (OBF)
Water Based Fluids (WBF)
Others

Segment 3
Onshore Oil
Offshore Oil
Natural Gas Industry

Global Drilling Fluid Market: Regional Analysis
The Drilling Fluid market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast 2 and 3 segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Drilling Fluid market report are:
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Brazil
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa

Global Drilling Fluid Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

The major players in global Drilling Fluid market include:
Schlumberger (M-I Swaco)
Halliburton
Baker Hughes
Newpark Resources
Tetra Technologies
Canadian Energy Services & Technology
National Oilwell Varco
Scomi Group Bhd
Secure Energy Services
Weatherford International
Anchor Drilling Fluids USA
Global Drilling Fluids & Chemicals
PetroChina
Sinopec
CNOOC