Indonesia Drilling Fluids Market Size & Outlook, 2023-2030

The drilling fluids market in Indonesia is expected to reach a projected revenue of US$ 198.5 million by 2030. A compound annual growth rate of 5.6% is expected of Indonesia drilling fluids market from 2024 to 2030.
Revenue, 2023 (US$M)
$135.2
Forecast, 2030 (US$M)
$198.5
CAGR, 2024 - 2030
5.6%
Report Coverage
Indonesia

Indonesia drilling fluids market, 2018-2030 (US$M)

Indonesia

Indonesia drilling fluids market highlights

  • The Indonesia drilling fluids market generated a revenue of USD 135.2 million in 2023 and is expected to reach USD 198.5 million by 2030.
  • The Indonesia market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
  • In terms of segment, wbf was the largest revenue generating product in 2023.
  • WBF is the most lucrative product segment registering the fastest growth during the forecast period.


Drilling fluids market data book summary

Market revenue in 2023USD 135.2 million
Market revenue in 2030USD 198.5 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentWbf
Fastest growing segmentWBF
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOBF, SBF, WBF
Key market players worldwideBaker 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


Other key industry trends

  • In terms of revenue, Indonesia accounted for 1.6% of the global drilling fluids market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China drilling fluids market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 927.7 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Drilling Fluids Market Companies

Name Profile # Employees HQ Website

Indonesia drilling fluids 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 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.

Reasons to subscribe to Indonesia drilling fluids market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Indonesia drilling fluids market databook

  • Our clientele includes a mix of drilling fluids market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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.

Partial client list

  • logo

Indonesia drilling fluids market size, by product, 2018-2030 (US$M)

Indonesia Drilling Fluids Market Outlook Share, 2023 & 2030 (US$M)

Indonesia drilling fluids market size, by product, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more