Drilling Fluids Market Estimated to Reach US$ 11,121.1 Mn by 2026; Investments in Hybrid Technologies to Drive the Market - TMR
The global drilling fluids market was valued at US$ 6660.5 Mn in 2017 and is anticipated to expand at a CAGR of around 5.9% from 2018 to 2026 according to a new report titled 'Drilling Fluids Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026' by Transparency Market Research (TMR) . Rise in crude oil prices has encouraged oilfield operators to drill wells in offshore and onshore areas. This augments the need for drilling fluids.
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