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Drilling Chemicals
Market, Supplier, Risk and
Competitive Intelligence

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  • Category Report with unlimited updates
  • Supplier Watchlist for 3 suppliers
  • Supplier Shortlisting Tool

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Manage Drilling Chemicals Category with Ai powered
Procurement Productivity Suite

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

Abi - AI powered digital procurement assistant

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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

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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

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Assess Supplier Risk based on key risk and compliance parameters

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

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

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

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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

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Benchmark your category performance against peers and the market

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

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Get information on key factors affecting your supply

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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-1

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

Abi - AI powered digital procurement assistant

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

1

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

Assess Supplier Risk based on key risk and compliance parameters

1

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

2

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

discover-supplier

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

1

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

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

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

source-market-indices

Get information on key factors affecting your supply

1

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

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Report Coverage

  • Global Market Outlook
  • Market Analysis
  • Market Drivers and Constraints
  • Sustainability

Table of Contents

  1. Executive Summary
  2. Category Landscape
  3. Global Market Outlook
  4. COVID-19 Impact on Directional Drilling Market
  1. Market Analysis
  2. Global Market Overview for Directional Drilling
  3. Classification of Directional Drilling Regional Market Outlook: North America
  4. Market Drivers and Constraints
  5. Porter’s Five Forces Analysis: Global
  6. Innovation
  7. Sustainability
  1. Cost Analysis and Breakup
  2. Cost Analysis
  3. Price Breakup
  1. Engagement and Contract Practices
  2. Types of Engagement
  3. Contract Practices
  1. Supply Analysis
  2. Supply Market Outlook

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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

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