Pakistan Drilling Fluids Market Size & Outlook, 2023-2030
Pakistan drilling fluids market, 2018-2030 (US$M)
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Pakistan drilling fluids market highlights
- The Pakistan drilling fluids market generated a revenue of USD 29.1 million in 2023 and is expected to reach USD 36.9 million by 2030.
- The Pakistan market is expected to grow at a CAGR of 3.4% 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 2023 | USD 29.1 million |
| Market revenue in 2030 | USD 36.9 million |
| Growth rate | 3.4% (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 |
Other key industry trends
- In terms of revenue, Pakistan accounted for 0.4% 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.
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Drilling Fluids Market Scope
Drilling Fluids Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Pakistan 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 54.3% in 2023. Horizon Databook has segmented the Pakistan drilling fluids market based on obf, sbf, wbf covering the revenue growth of each sub-segment from 2018 to 2030.
The country’s gas production reached the highest point of 4.3 BCFD in 2012 and has since been showing a sluggish movement. The domestic condensate & crude production is expected to reach around 100 MBPD in 2016.
However, would follow a similar trend as natural gas thereafter With the constant number of active rigs in the region, the authorities have managed to keep the production of oil and natural gas moving at a steady pace. While domestic condensate and oil production have increased abruptly in recent years, the growth of natural gas volumes is still 6 times more than oil, is not upbeat.
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Our clientele includes a mix of drilling fluids market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Pakistan drilling fluids market , including forecasts for subscribers. This country databook contains high-level insights into Pakistan drilling fluids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Pakistan drilling fluids market size, by product, 2018-2030 (US$M)
Pakistan Drilling Fluids Market Outlook Share, 2023 & 2030 (US$M)
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