Drilling Lubricants Market Size, Share & Trends Analysis Report By Technique (Down The Hole Drills/Rotary Air Blast Drilling, Diamond Drilling), By End-use (Mining, Oil & Gas), By Region, And Segment Forecasts, 2024 - 2030

Drilling Lubricants Market Size, Share & Trends Analysis Report By Technique (Down The Hole Drills/Rotary Air Blast Drilling, Diamond Drilling), By End-use (Mining, Oil & Gas), By Region, And Segment Forecasts, 2024 - 2030


Drilling Lubricants Market Growth & Trends

The global drilling lubricants market size is expected to reach USD 3.4 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.8% from 2023 to 2030. The growth is majorly driven by the growing demand for the product from the oil and gas industry across the globe. The product is used to reduce friction between the drill bit and rock formation and to improve the drilling performance by reducing friction, wear, and heat in the oil and gas industry.

The product is critical to the success and safety of drilling operations in several industries including the oil and gas, mining, and construction industry. It is also used in the water well industry to create wells that provide drinking water for communities and agriculture and in the geothermal industry to extract hot water and steam from beneath the earth's surface to generate electricity. Additionally, environmental industry uses it for site investigation, soil and groundwater sampling, and remediation of contaminated sites while military uses it for a variety of purposes, such as creating underground tunnels and bunkers, and constructing missile silos.

Asia Pacific is expected to expand at the highest CAGR over the forecast period owing to a significant growth in the product demand in recent years, driven by the increasing demand for energy and the growth of drilling activities in the region. Many countries in the Asia Pacific region, including China, India, Indonesia, and Malaysia, have increased their oil and gas exploration activities in recent years. This is predicted to drive the market growth over the forecast period.

Drilling Lubricants Market Report Highlights
  • In 2023, the diamond drilling segment emerged as the dominant technique by contributing over 30% of the revenue share. This is attributed to the maximum geological information obtained from the technique
  • Oil and gas was the dominant end-use segment accounting for a revenue share of around 36% in 2023 owing to the growing oil and gas industry due to the rising need for fuel across the globe
  • The Asia Pacific is projected to dominate the market over the predicted years owing to the expected growth in the number of oil and gas refineries in the region in the coming years
Please note The report will be delivered in 2-3 business days upon order notification.


Chapter 1 Methodology And Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 GVR’s Internal Database
1.3.3 Secondary Sources & Third-Party Perspectives
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Data Visualization
1.6 Data Validation & Publishing
1.7 Research Scope And Assumptions
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Drilling Lubricants Market: Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global Lubricants Market Outlook
3.2 Industry Value Chain Analysis
3.2.1 Raw Material Trends
3.2.2 Manufacturing/Technology Trends
3.2.3 Sales Channel Analysis
3.3 Price Trend Analysis, 2018 - 2030
3.3.1 Factors Affecting Prices
3.4 Regulatory Framework
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.2 Market Restraint Analysis
3.5.3 Market Challenges Analysis
3.5.4 Market Opportunity Analysis
3.6 Business Environment Analysis
3.6.1 Porter’s Analysis
3.6.2 PESTEL Analysis
Chapter 4 Drilling Lubricants Market: Supplier Portfolio Analysis
4.1 List Of Key Raw Material Suppliers
4.2 Raw Material Trends
4.3 Portfolio Analysis/Kraljic Matrix
4.4 Engagement Model
4.5 Negotiation Strategies
4.6 Sourcing Best Practices
Chapter 5 Drilling Lubricants Market: Technique Estimates & Trend Analysis
5.1 Technique Movement Analysis & Market Share, 2023 & 2030
5.1.1 Down The Hole Drills / Rotary Air Blast Drilling
5.1.1.1 Market Estimates And Forecast, By Down The Hole Drills / Rotary Air Blast Drilling, 2018 - 2030 (Kilotons) (USD Million)
5.1.2 Diamond Drilling
5.1.2.1 Drilling Lubricants Market Estimates And Forecast, Diamond Drilling, 2018 - 2030 (Kilotons) (USD Million)
5.1.3 Top Hammer Drilling
5.1.3.1 Drilling Lubricants Market Estimates And Forecast, By Top Hammer Drilling, 2018 - 2030 (Kilotons) (USD Million)
5.1.4 Reverse Circulation Drilling
5.1.4.1 Drilling Lubricants Market Estimates And Forecast, By Reverse Circulation Drilling, 2018 - 2030 (Kilotons) (USD Million)
5.1.5 Other Techniques
5.1.5.1 Drilling Lubricants Market Estimates And Forecast, By Other Techniques, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Drilling Lubricants Market: End-use Estimates & Trend Analysis
6.1 End-use Movement Analysis & Market Share, 2023 & 2030
6.1.1 Mining
6.1.1.1 Drilling Lubricants Market Estimates And Forecast, In Mining, 2018 - 2030 (Kilotons) (USD Million)
6.1.2 Oil & Gas
6.1.2.1 Drilling Lubricants Market Estimates And Forecast, In Oil & Gas, 2018 - 2030 (Kilotons) (USD Million)
6.1.3 Construction
6.1.3.1 Drilling Lubricants Market Estimates And Forecast, In Construction, 2018 - 2030 (Kilotons) (USD Million)
6.1.4 Other End-uses
6.1.4.1 Drilling Lubricants Market Estimates And Forecast, In Other End-uses, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Drilling Lubricants Market: Regional Estimates & Trend Analysis
7.1 Drilling Lubricants Market: Regional Outlook
7.2 North America
7.2.1 North America Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.2.2 North America Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.2.3 U.S.
7.2.3.1 Key Country Dynamics
7.2.3.2 U.S. Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.2.3.3 U.S. Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.2.4 Canada
7.2.4.1 Key Country Dynamics
7.2.4.2 Canada Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.2.4.3 Canada Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.2.5 Mexico
7.2.5.1 Key Country Dynamics
7.2.5.2 Mexico Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.2.5.3 Mexico Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.3 Europe
7.3.1 Europe Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.3.2 Europe Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.3.3 Germany
7.3.3.1 Key Country Dynamics
7.3.3.2 Germany Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.3.3.3 Germany Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.3.4 UK
7.3.4.1 Key Country Dynamics
7.3.4.2 UK Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.3.4.3 UK Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.3.5 France
7.3.5.1 Key Country Dynamics
7.3.5.2 France Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.3.5.3 France Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.3.6 Italy
7.3.6.1 Key Country Dynamics
7.3.6.2 Italy Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.3.6.3 Italy Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.3.7 Spain
7.3.7.1 Key Country Dynamics
7.3.7.2 Spain Drilling Lubricants Market Estimates And Forecasts, By Technique, 2017–2030 (Kilotons) (USD Million)
7.3.7.3 Spain Drilling Lubricants Market Estimates And Forecasts, By End-use, 2017–2030 (Kilotons) (USD Million)
7.4 Asia Pacific
7.4.1 Asia Pacific Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.4.2 Asia Pacific Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.4.3 China
7.4.3.1 Key Country Dynamics
7.4.3.2 China Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.4.3.3 China Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.4.4 India
7.4.4.1 Key Country Dynamics
7.4.4.2 India Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.4.4.3 India Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.4.5 Japan
7.4.5.1 Key Country Dynamics
7.4.5.2 Japan Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.4.5.3 Japan Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.4.6 South Korea
7.4.6.1 Key Country Dynamics
7.4.6.2 South Korea Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.4.6.3 South Korea Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.5 Central & South America
7.5.1 Central & South America Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.5.2 Central & South America Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.5.3 Brazil
7.5.3.1 Key Country Dynamics
7.5.3.2 Brazil Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.5.3.3 Brazil Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.5.4 Argentina
7.5.4.1 Key Country Dynamics
7.5.4.2 Argentina Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.5.4.3 Argentina Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.6 Middle East & Africa
7.6.1 Middle East & Africa Drilling Lubricants Market Estimates And Forecasts, By Technique, 2018 - 2030 (Kilotons) (USD Million)
7.6.2 Middle East & Africa Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.6.3 Saudi Arabia
7.6.3.1 Key Country Dynamics
7.6.3.2 Saudi Arabia Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.6.3.3 Saudi Arabia Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.6.4 South Africa
7.6.4.1 Key Country Dynamics
7.6.4.2 South Africa Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
7.6.4.3 South Africa Drilling Lubricants Market Estimates And Forecasts, By End-use, 2018 - 2030 (Kilotons) (USD Million)
Chapter 8 Competitive Landscape
8.1 Company Categorization
8.2 Company Market Positioning Analysis, 2023
8.3 Company Heat Map Analysis
8.4 Strategy Mapping
8.5 Company Listing (Business Overview, Financial Performance, Product Benchmarking)
8.5.1 Imdex Limited
8.5.2 SINO MUD
8.5.3 Baroid Industrial Drilling Products
8.5.4 Baker Hughes, Inc
8.5.5 Halliburton, Inc
8.5.6 Chevron Corporation
8.5.7 Schlumberger Limited
8.5.8 Total S.A
8.5.9 FUCHS
8.5.10 Global Drilling Fluids and Chemicals Limited

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings