The Global Viscosifiers for Oil and Gas Market was valued at USD 3.5 Billion in 2024 and is projected to reach USD 4.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This robust growth is propelled by increasing deepwater and ultra-deepwater drilling activities, the rising complexity of wellbores, and the critical need for high-performance drilling fluids to ensure operational safety and efficiency.

As the oil and gas industry navigates challenging reservoirs and stringent environmental regulations, the role of viscosifiers has become indispensable. These specialized chemicals are the backbone of drilling mud systems, controlling fluid rheology, suspending cuttings, and preventing wellbore instability. In this blog, we profile the Top 10 Companies in the Global Viscosifiers for Oil and Gas Industry—a group of chemical giants and oilfield service leaders pioneering next-generation fluid solutions.

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🔟 1. Schlumberger Limited

Headquarters: Houston, Texas, USA & Paris, France
Key Offering: VIS-PLUS®, PolyPlus RD®, a wide range of synthetic and water-based viscosifiers

Schlumberger, through its Schlumberger Excellence in Execution (SLB) brand, is a dominant force in the oilfield services sector. Its drilling fluids division, M-I SWACO, offers a comprehensive portfolio of viscosifiers engineered for extreme pressures, temperatures, and saline environments.

Innovation & Technology Focus:

• Development of high-performance, ecologically advanced viscosifiers

• Digital fluid management platforms for real-time rheology control

• R&D in clay-free and low-environmental-impact fluid systems

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9️⃣ 2. Halliburton

Headquarters: Houston, Texas, USA
Key Offering: Barazan® D, FlexPro® CNS, Haloant™ viscosifiers

Halliburton’s Baroid division is a global leader in drilling fluid systems. The company provides a vast array of viscosifiers, including biopolymers, organoclays, and synthetic polymers, tailored for everything from conventional land drilling to complex offshore operations.

Innovation & Technology Focus:

• Specialized viscosifiers for high-temperature/high-pressure (HTHP) wells

• Integrated solutions that reduce fluid loss and improve wellbore stability

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8️⃣ 3. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Plurasize®, Sokalan® polymers, a range of organic and synthetic viscosifiers

BASF is a leading chemical supplier to the oil and gas industry, providing high-purity polymers and additives for drilling fluids. Its viscosifiers are known for their consistency, performance under challenging conditions, and compatibility with other fluid components.

Innovation & Technology Focus:

• Sustainable product development aligned with circular economy principles

• Advanced polymers for enhanced lubrication and shale inhibition

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7️⃣ 4. Baker Hughes Company

Headquarters: Houston, Texas, USA
Key Offering: CARBONET® viscosifiers, specialized polymer systems for drilling and completion fluids

Baker Hughes offers integrated drilling fluids and engineering services through its OFS segment. The company’s viscosifier technologies are designed to optimize hydraulic efficiency, improve cuttings transport, and minimize formation damage.

Innovation & Technology Focus:

• Intelligent fluids with real-time monitoring and adjustment capabilities

• Viscosifiers for geologically complex and depleted reservoirs

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6️⃣ 5. Clariant AG

Headquarters: Muttenz, Switzerland
Key Offering: Genamin® additives, customized rheology modifiers for oilfield applications

Clariant’s Oil & Mining Services business provides high-value specialty chemicals, including effective viscosifiers for water-based and oil-based muds. The company focuses on creating environmentally considerate solutions without compromising performance.

Innovation & Technology Focus:

• Bio-based and readily biodegradable viscosifier options

• Tailored solutions for challenging water chemistries

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5️⃣ 6. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: UCAR® Polymer, ETHOCEL™, a portfolio of cellulose and synthetic polymers

Dow provides essential chemistry for formulating high-performance drilling fluids. Its viscosifiers, such as PAC (Polyanionic Cellulose) and HEC (Hydroxyethylcellulose), are industry standards for controlling fluid viscosity and filtration in diverse well conditions.

Innovation & Technology Focus:

• Development of next-generation polymers with superior salt tolerance

• Focus on supply chain sustainability and product lifecycle management

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4️⃣ 7. Newpark Resources Inc.

Headquarters: The Woodlands, Texas, USA
Key Offering: Eco-Trol®, Evolution® fluids system with integrated viscosifiers

Newpark Resources is a specialized provider of fluids systems and engineering services. The company is recognized for its environmentally focused drilling fluid solutions, including high-performance, low-impact viscosifiers for sensitive operating areas.

Innovation & Technology Focus:

• Pioneering sustainable drilling fluid technologies

• Viscosifiers designed for superior bioremediation and reduced environmental footprint

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3️⃣ 8. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Rhodopol® biopolymers, ALCOSPERSE® dispersants, and rheology modifiers

Solvay offers a advanced specialty polymers that serve as effective viscosifiers in drilling muds. Its products are used to enhance suspension properties and maintain optimal fluid rheology in demanding drilling environments.

Innovation & Technology Focus:

• Innovation in biopolymer technology for improved thermal stability

• Solutions that help reduce the overall environmental impact of drilling operations

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2️⃣ 9. Croda International Plc

Headquarters: Snaith, United Kingdom
Key Offering: Hypermer® surfactants and additives, bespoke rheology control agents

Croda leverages its surface active chemistry expertise to create innovative additives for the oil and gas industry. Its viscosifiers and rheology modifiers are designed to improve the performance and efficiency of drilling fluid systems.

Innovation & Technology Focus:

• Focus on green chemistry and sustainable sourcing of raw materials

• Development of multi-functional additives that provide viscosity along with other benefits like lubrication

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1️⃣ 10. Gumpro (India) Pvt. Ltd.

Headquarters: Mumbai, India
Key Offering: Natural gum-based viscosifiers (Guar Gum, Xanthan Gum), modified celluloses

Gumpro is a significant global supplier of natural polymer-based viscosifiers derived from Guar and other gums. These cost-effective and biodegradable products are widely used in water-based drilling fluids, particularly in shale gas and conventional drilling operations.

Innovation & Technology Focus:

• Leading producer of high-purity, natural hydrocolloids for the oilfield

• Investments in refining processes to enhance product performance and consistency

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🌍 Outlook: The Future of Viscosifiers is Smarter and More Sustainable

The global viscosifiers market is undergoing a significant transformation. While traditional products remain essential, the industry is increasingly adopting high-performance, eco-friendly alternatives and integrating digital technologies for precision fluid management.

📈 Key Trends Shaping the Market:

• Rising demand for clay-free and synthetic polymer-based viscosifiers in sensitive environments

• Growing adoption of digital twins and AI for real-time rheology optimization

• Increased R&D in bio-based and biodegradable viscosifier chemistries

• Expansion of viscosifier applications in geothermal and carbon capture well drilling

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Global Viscosifiers Oil Gas Market – View in Detailed Research Report

The companies listed above are not only supplying critical chemicals—they are enablers of safer, more efficient, and more sustainable hydrocarbon extraction worldwide.