Market Size of United States Onshore Drilling Fluid Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 13.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Onshore Drilling Fluid Market Analysis
The United States onshore drilling fluid market is expected to witness a CAGR of over 13%, over the forecast period.
- Continuous growth in demand from Permian basin is expected to drive the demand for the market during the forecast period.
- Drilling fluid challenges are likely to hinder the market growth.
- Increasing exploitation of unconventional reserves is projected to act as an opportunity for the market, in the future.
