Middle East Drilling Fluid Market Size Share and Trend Analysis By Product (Oil-Based, Synthetic, Water-Based), By Application (Onshore Oil & Gas, Offshore Oil & Gas) And Segment Forecasts To 2022

Methodology

We implement a mix of primary and secondary research for our market estimate and forecast. Secondary research forms the initial phase of our study, where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines, and paid data sources such as ICIS. This forms the basis of our estimates. For forecasting, the following parameters are considered:

• Market drivers and restraints, along with their current and expected impacts
• Regulatory scenario and expected developments
• Regional raw material supply and demand statistics

We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate. Further, we use correlation, regression, and time-series analysis to evaluate key industry dynamics. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:

• Market leading participants
• Raw material manufacturers and suppliers
• Product distributors and vendors
• Key consumers and clients

These exhaustive primary interviews help our analysts in validating market and segment estimates and forecasts. Additionally, we also gain significant industry insights, key developments, and expectations. Grand View Research only utilizes validated and authenticated secondary data sources. Some of the secondary sources used for this report include, but are not limited to:

• The Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC)
• UAE National Media Council (UAE Interact)
• U.S. Energy Information Administration (EIA)
• BP Statistical Review 2015
• World Petroleum Council (WPC)
• Company Investor Presentations
• Company Annual Reports
• Hoovers

Data Collection Matrix

Industry Analysis Matrix