beroe-ai

Drilling Chemicals
Market, Supplier, Risk and
Competitive Intelligence

best-value

No Additional Benefits

Manage Drilling Chemicals Category with Ai powered
Procurement Productivity Suite

Meet Abi

Abi will answer all Drilling Chemicals related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover

Discover Market Info

Get up-to-date market and supplier info on Drilling Chemicals to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Manage Risk

Assess Supplier Risk based on key risk and compliance parameters

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

performance

Find Suppliers

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

suppliers

Assess Category Performance

Benchmark your category performance against peers and the market

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

indices

Source Market Indices

Get information on key factors affecting your supply

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

Meet Abi

discover

Discover Market Info

manage-risk

Manage Risk

performance

Find Suppliers

suppliers

Assess Category Performance

indices

Source Market Indices

Abi will answer all Drilling Chemicals related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

Get up-to-date market and supplier info on Drilling Chemicals to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

Assess Supplier Risk based on key risk and compliance parameters

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

Benchmark your category performance against peers and the market

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

Get information on key factors affecting your supply

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

Get Beroe LiVE.Ai subscription for your team

GET A DEMO

Request Access

17k + companies trust Beroe for their supply market intelligence needs

Check out what’s included in market information for Drilling Chemicals on Beroe LiVE.Ai

Learn More about Beroe LiVE.Ai

Drilling Chemicals Category Intelligence

Report Coverage

Global Market Outlook
Market Analysis
Market Drivers and Constraints
Sustainability

Drilling Chemicals Market Trends

Category Intelligence on Drilling Chemicals covers the following

Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice

Table of Contents

Executive Summary
Category Landscape
Global Market Outlook
COVID-19 Impact on Directional Drilling Market

Market Analysis
Global Market Overview for Directional Drilling
Classification of Directional Drilling Regional Market Outlook: North America
Market Drivers and Constraints
Porter’s Five Forces Analysis: Global
Innovation
Sustainability

Cost Analysis and Breakup
Cost Analysis
Price Breakup

Engagement and Contract Practices
Types of Engagement
Contract Practices

Supply Analysis
Supply Market Outlook

Want a more detailed personalised report?

Industry Outlook & Drivers

Drilling Chemicals Global Market Outlook:

MARKET OVERVIEW

Global market size:
About $6.91 billion (2020 E)
Expected to grow at a CAGR of about 7.1 percent to $8.49 billion by 2023.

MAJOR MARKET DRIVERS
• Rise in drilling activities
• Increase in CAPEX spending on offshore activities

Porter's Analysis on Drilling Chemicals

Supplier Power

Drilling fluids are mandatory requirement during drilling operation. However, there are many regional and global providers present in the market, except for proprietary products
Supply chain management skills are critical in handling bulk orders
Some of the oilfield service companies are struggling to change onerous contracts signed with E&P companies
Therefore, the supplier power is lower to medium for drilling fluids

Barriers to New Entrants

Drilling fluids are commodity based and can be easily manufactured with right technology. Capex requirement for drilling fluids manufacturing is low. However, suppliers requires oil & gas expertise for entering into the business
The market is highly competitive with many players, acquiring a steady contract would be a challenge for new entrants
Therefore, the barriers to new entrants are low to medium

Intensity of Rivalry

The market is fragmented with many global and regional suppliers
Technology is available to many suppliers. The supplier market is mostly driven by wider service capability, economy of scale, and cost effectiveness of the services
Low switching cost. Easy to switch among suppliers with a little product differentiation. The intensity of rivalry is higher

Threat of Substitutes

There is no substitute available for drilling fluids. However, internal substitution, such as using of water-based fluids in place of oil- based fluids exists

Buyer Power

Buyers can negotiate the drilling fluids for lower prices, since there are many service providers around the globe
Drilling fluids are commodity products, which are widely available
Buyers spend in drilling fluids is crucial, a good quality product may provide huge cost savings
The buyer power for drilling fluids is termed to be higher

Complimentary 12-month access to Beroe LiVE

Any more questions?

Get in touch with us quickly and easily.

x

COVID-19: Assess impact on your suppliers and ensure business continuity with Beroe’s WIRE
(World Instant Risk Exposure)

© Copyright © 2021 Beroe. All rights reserved.

Privacy Policy|