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Air Core Drilling Market

Global Air Core Drilling Market Share, Trends, Forecast: By Application: Dust Drilling, Mist Drilling, Foam Drilling, Aerated Fluid Drilling, Nitrogen Membrane Drilling; By End Use: Oil and Gas, Mining, Construction, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Air Core Drilling Market Outlook

The global air core drilling market stood at a value of around USD 1.22 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.40% to reach USD 1.96 billion by 2032.

 

Global Air Core Drilling Market

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Increased Utilisation of Dust Drilling to Aid the Global Air Core Drilling Industry

Based on application, the dust drilling segment occupies a significant share in the industry. Dust drilling is a cost-effective technique, providing an ideal environment for the use of air hammers. Dust drilling does not require any fluid system for clean-up and extends the drill bit life. Apart from being the least expensive type of air drilling, the process offers a maximum penetration rate. However, this technique cannot effectively handle wellbore fluid influxes, requiring the need to switch to mist or foam drilling in the presence of water.

 

North America Accounts for a Significant Share in the Market

The air core drilling industry in North America is driven by the expansion of various end use industries, including  construction, oil and gas, and others. The rising demand for energy is leading to the growth of the oil and gas industry in the region, thereby propelling the market. Furthermore, the presence of advanced technologies and the thriving construction sector in the United States and Canada are anticipated to augment the market growth in the region over the forecast period.

 

Air Core Drilling: Market Segmentation

Air core drilling is defined as the process of penetrating the earth for the purpose of extracting minerals and resources. Usually, hardened steel and tungsten blades are used in this technique. In favourable climate conditions, air core drilling can reach up to 300 metres inside the earth.

 

Global Air Core Drilling Market by Segment

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Based on application, the market can be segmented into:

  • Dust Drilling
  • Mist Drilling
  • Foam Drilling
  • Aerated Fluid Drilling
  • Nitrogen Membrane Drilling

The major end uses of air core drilling include:

  • Oil and Gas
  • Mining
  • Construction
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Air Core Drilling Market by Region

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Rising Application of Air Core Drilling in the Construction Sector to Boost the Growth of the Air Core Drilling Industry

The rising application of air core drilling in the construction sector is driving the market. Air core drilling is an important process in the construction industry for investigating and removing chemical and radioactive wastes from the surface and for making a surface barrier to stop the diffusion of contamination. Hence, the rising investments in residential and commercial construction projects in emerging economies are likely to propel the market in the forecast period. Moreover, the growing mining activities in various nations owing to the rising demand for fossil fuels and other resources to carry out industrial processes are anticipated to boost the market growth in the forecast period.

 

Key Industry Players in the Global Air Core Drilling Market

The report gives a detailed analysis of the following key players in the global air core drilling market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Bostech Drilling Australia Pty Ltd 
  • Geodrill Limited
  • Schlumberger Limited
  • Halliburton Company
  • Brown Bros Drilling
  • Master Drilling Group Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • End Use
  • Region
Breakup by Application
  • Dust Drilling
  • Mist Drilling
  • Foam Drilling
  • Aerated Fluid Drilling
  • Nitrogen Membrane Drilling
Breakup by End Use
  • Oil and Gas
  • Mining
  • Construction
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Bostech Drilling Australia Pty Ltd 
  • Geodrill Limited
  • Schlumberger Limited
  • Halliburton Company
  • Brown Bros Drilling
  • Master Drilling Group Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Air Core Drilling Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Air Core Drilling Historical Market (2018-2023) 
    8.3    Global Air Core Drilling Market Forecast (2024-2032)
    8.4    Global Air Core Drilling Market by Application
        8.4.1    Dust Drilling
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Mist Drilling
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Foam Drilling
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Aerated Fluid Drilling
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Nitrogen Membrane Drilling
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
    8.5    Global Air Core Drilling Market by End Use
        8.5.1    Oil and Gas
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Mining
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Construction
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Air Core Drilling Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Air Core Drilling Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Air Core Drilling Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific  Air Core Drilling Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Air Core Drilling Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Air Core Drilling Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Bostech Drilling Australia Pty Ltd 
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Geodrill Limited
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Schlumberger Limited
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Halliburton Company
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Brown Bros Drilling
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Master Drilling Group Ltd.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Air Core Drilling Market: Key Industry Highlights, 2018 and 2032
2.    Global Air Core Drilling Historical Market: Breakup by Application (USD Billion), 2018-2023
3.    Global Air Core Drilling Market Forecast: Breakup by Application (USD Billion), 2024-2032
4.    Global Air Core Drilling Historical Market: Breakup by Region (USD Billion), 2018-2023
5.    Global Air Core Drilling Market Forecast: Breakup by Region (USD Billion), 2024-2032
6.    North America Air Core Drilling Historical Market: Breakup by Country (USD Billion), 2018-2023
7.    North America Air Core Drilling Market Forecast: Breakup by Country (USD Billion), 2024-2032
8.    Europe Air Core Drilling Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    Europe Air Core Drilling Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Asia Pacific Air Core Drilling Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Asia Pacific Air Core Drilling Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Latin America Air Core Drilling Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Latin America Air Core Drilling Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Middle East and Africa Air Core Drilling Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Middle East and Africa Air Core Drilling Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Global Air Core Drilling Market Structure

Key Questions Answered in the Report

In 2023, the global air core drilling market attained a value of nearly USD 1.22 billion.

The market is estimated to grow at a CAGR of 5.40% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1.96 billion by 2032.

The major drivers of the market include the rising applications of air core drilling in various end use industries, rising investments in the commercial construction projects, and the rapid industrialisation and urbanisation.

The shift from using heavy machinery to air core drilling for greater convenience is expected to be a key trend guiding the growth of the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Dust drilling, mist drilling, foam drilling, aerated fluid drilling, and nitrogen membrane drilling are the major applications of the product included in the market report.

Oil and gas, mining, and construction, among others are the different end uses of the product.

The major players in the industry are Bostech Drilling Australia Pty Ltd, Geodrill Limited, Schlumberger Limited, Halliburton Company, Brown Bros Drilling, and Master Drilling Group Ltd., among others.

Analyst Review

The global air core drilling market attained a value of USD 1.22 billion in 2023, driven by the thriving construction industry, which has been contributing to the demand for air core drilling. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.40%. The market is projected to reach a value of around USD 1.96 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the market is divided into dust drilling, mist drilling, foam drilling, aerated fluid drilling, and nitrogen membrane drilling. On the basis of end use, the market is divided into oil and gas, mining, and construction, among others. The major regional markets for air core drilling are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Bostech Drilling Australia Pty Ltd, Geodrill Limited, Schlumberger Limited, Halliburton Company, Brown Bros Drilling, and Master Drilling Group Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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