Market revenue in 2023 | USD 135.2 million |
Market revenue in 2030 | USD 198.5 million |
Growth rate | 5.6% (CAGR from 2023 to 2030) |
Largest segment | Wbf |
Fastest growing segment | WBF |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | OBF, SBF, WBF |
Key market players worldwide | Baker Hughes Co Class A, CES Energy Solutions Corp, Halliburton Co, Newpark Resources Inc, Petronas Chemicals Group Bhd, Schlumberger Ltd, Weatherford International PLC Ordinary Shares - New |
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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 drilling fluids market will help companies and investors design strategic landscapes.
Wbf was the largest segment with a revenue share of 54.36% in 2023. Horizon Databook has segmented the Indonesia drilling fluids market based on obf, sbf, wbf covering the revenue growth of each sub-segment from 2018 to 2030.
The government in Indonesia is attempting to improve incentives to stimulate investment in oil & gas sector. It now accepts proposals for blocks through a direct bidding process in addition to the previous practice of awarding oil & gas concessions through an official tender. The government has also improved production sharing splits in recent bid rounds to increase their attractiveness. These factors are anticipated to drive market growth over the forecast period in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia drilling fluids market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia drilling fluids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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