Global Underbalanced Drilling Market Size & Outlook
Global underbalanced drilling market, 2018-2030 (US$M)
Related Markets
Global underbalanced drilling market highlights
- The global underbalanced drilling market generated a revenue of USD 4,099.9 million in 2024 and is expected to reach USD 5,832.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.2% by 2030.
- In terms of segment, gas injection accounted for a revenue of USD 2,019.5 million in 2024.
- Aerated Fluid Injection is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 4,099.9 million |
| Market revenue in 2030 | USD 5,832.1 million |
| Growth rate | 6.2% (CAGR from 2025 to 2030) |
| Largest segment | Gas injection |
| Fastest growing segment | Aerated Fluid Injection |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas Injection, Foam Injection, Aerated Fluid Injection, Mist Drilling |
Other key industry trends
- In terms of revenue, the North America accounted for 36.9% of the global underbalanced drilling market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 478.2 million by 2030.
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Underbalanced Drilling Market outlook Scope
Underbalanced Drilling Market outlook Companies
| Name | Profile | # Employees | HQ | Website |
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Global underbalanced drilling market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to underbalanced drilling market will help companies and investors design strategic landscapes.
Gas injection was the largest segment with a revenue share of 49.26% in 2024. Horizon Databook has segmented the Global underbalanced drilling market based on gas injection, foam injection, aerated fluid injection, mist drilling covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Underbalanced Drilling Technology Outlook (Revenue, USD Million, 2018-2030)
- Gas Injection
- Foam Injection
- Aerated Fluid Injection
- Mist Drilling
- Global Underbalanced Drilling Application Outlook (Revenue, USD Million, 2018-2030)
- Onshore
- Offshore
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Our clientele includes a mix of underbalanced drilling market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global underbalanced drilling market , including forecasts for subscribers. This global databook contains high-level insights into Global underbalanced drilling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global underbalanced drilling market size, by regions, 2018-2030 (US$M)
Top 10 countries: Underbalanced drilling market size, 2024 (US$M)
Global underbalanced drilling market share, by technology, 2024 & 2030 (%, US$M)
Underbalanced drilling market: Opportunity assessment by country
Global underbalanced drilling market, by region, 2024 (US$M)
Related regional statistics
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