Growing exploration activities coupled with increasing number of E&P companies in Oman, UAE, Saudi Arabia and Qatar which are expected to improve the output of conventional oil & gas fields. Rising concern towards maintenance costs in deep water projects, and dipping downhole losses are expected to propel demand in the region over the next seven years. Middle East Drilling Fluid Market size was worth USD 1.45 billion in 2014 and is estimated to reach USD 2.19 billion by 2022. Rising production of hydrocarbons due to increasing natural gas and crude oil demand in different industrial divisions including transportation and power is expected to propel growth over the forecast period. Drilling fluid market is expected to witness high demand owing to increasing rate of ultra-deep sea and deep sea explorations principally in the Red Sea and the Persian Gulf. The requirement of high efficiency in order to extract various forms of hydrocarbons and technological advancements in...