North America Drilling Fluids Market to Grow at a CAGR of 7.50% from 2013 to 2019 Due to Increasing Drilling Activities
According to the research report, the North America drilling fluids market was valued at US$4.3 bn in 2012 and is expected to reach US$7.2 bn by the end of 2019, growing at a CAGR of 7.50% from 2013 to 2019. The robust growth rate of the North America drilling fluids market can be credited to the escalating drilling activities that are leaning towards exploring and developing deep sea reserves with horizontal drilling.
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