Drilling Fluids Market will have an Incremental Spend of USD 1.85 Billion by 2025 | SpendEdge

NEW YORK, June 21, 2021 /PRNewswire/ --

SpendEdge has been monitoring the Drilling Fluids Market and it is poised to grow by USD 1.85 Billion during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. 

Frequently Asked Questions: 

• What are the major market threats?
  The pressure from substitutes and a high level of threat from new entrants has resulted in the moderate bargaining power of suppliers.
• What is the expected price changes in this market?
  The Drilling Fluids Market is expected to have a CAGR of 4.02% during 2021-2025. 

Request for a FREE sample to access the definite purchasing guide on Drilling Fluids procurement.

• Who are the top players in the market?
  Schlumberger Ltd., Halliburton Co., Baker Hughes Co., National Oilwell Varco Inc., Newpark Resources Inc., China Oilfield Services Ltd., are some of the major market participants. 
• What are the pricing models followed by buyers?
  Project-based pricing and volume-based pricing, are the widely adopted pricing models in Drilling Fluids Market.

SpendEdge suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. SpendEdge's in-depth research has direct and indirect COVID-19 impacted market research reports.

Related Reports on Materials Include:

• Aluminum - Forecast and Analysis: The aluminum will grow at a CAGR of 4.79% during 2021-2025. Prices will increase by (1.5)%-3.5% during the forecast period and suppliers will have a moderate bargaining power in this market.
• Plastic Bags and Pouches Sourcing and Procurement Report: This report evaluates suppliers based on product portfolio, ability to provide tested products, logistics and distribution, and innovations.
• Pallets - Sourcing and Procurement Intelligence Report: This report evaluates suppliers based on global accessibility of distribution network, production capacity and capacity utilization, capability to track the delivery shipment, and immediate receptiveness to manage supply chain disruptions. 

To access the definite purchasing guide on the Drilling Fluids that answers all your key questions on price trends and analysis:

• Am I paying/getting the right prices? Is my Drilling Fluids TCO (total cost of ownership) favorable?
• How is the price forecast expected to change? What is driving the current and future price changes?
• Which pricing models offer the most rewarding opportunities?

Request a free sample report now: www.spendedge.com/report/drilling-fluids-market-procurement-research-report

Table of Content

• Executive Summary
• Market Insights
• Category Pricing Insights
• Cost-saving Opportunities
• Best Practices
• Category Ecosystem
• Category Management Strategy
• Category Management Enablers
• Suppliers Selection
• Suppliers under Coverage
• US Market Insights
• Category scope
• Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

Contacts

SpendEdge
Anirban Choudhury
Marketing Manager
Ph No: +1 (872) 206-9340
https://www.spendedge.com/contact-us

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SOURCE SpendEdge