Coiled Tubing

Coiled Tubing Market Set to Exceed USD 5,694 Million By 2026 | CAGR: 6.1%

“Coiled Tubing Market Share, Size, Trends, Industry Analysis Report, By Operation (Pumping, Circulation, Logging, Others); By Location (Onshore, Offshore); By Application (Drilling, Well Cleaning and Completion, Well Intervention, Others); By Region, Segments & Forecast, 2018 - 2026”

Coiled Tubing Market Estimate & Forecast to 2026

The Coiled Tubing market is anticipated to reach over USD 5,694 million by 2026 according to a new research published by Polaris Market Research. In 2017, the onshore location segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period. A significant growth in demand for energy, increasing industrialization, and rising demand for horizontal drilling are major factors driving the growth of the Coiled Tubing Market. The demand for coiled tubing is increasing owing to supportive government initiatives, and favorable regulatory framework. Other driving factors include growing demand for natural gas as a fuel and growth in exploration and production activities. Increasing demand from developing nations, development of unconventional oil blocks, and technological advancements are expected provide numerous growth opportunities to the market players during the forecast period.

2

Coiled Tubing Market Estimate & Forecast to 2026

North America Coiled Tubing Market generated the highest revenue in 2017, and is expected to lead the global market throughout the forecast period. The high economic growth in the region, growth in drilling and exploration industries, and growing energy demand are factors expected to drive the market growth. The increasing trend of horizontal drilling, increasing demand for oil and gas in production of power and transportation applications, growing urbanization, and increasing industrialization in countries of North America are further expected to support the Coiled Tubing Market growth. Rising shale gas explorations, increasing operating cost for extracting oil from existing wells, rising demand for natural gas as fuel in the region, and supportive regulatory framework are factors expected to further provide growth opportunities during the forecast period. Access Research Report On Coiled Tubing Market Well-known companies profiled in the Coiled Tubing Market report include Halliburton Co., Weatherford International Ltd., Baker Hughes, Trican Well Service Ltd, Cudd Energy Services, Schlumberger Ltd., Calfrac Well Services Ltd., C&J Energy Services, Inc., Nabors Industries Ltd., and Archer Limited. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Copyright ÂŠ Polaris Market Research & Consulting LLP 2018. All Rights Reserved

3

Coiled Tubing Market Size

4

Coiled Tubing Market Study – Engagement Options

Buy Now – Click Here!  Buy now & have immediate access to premium insights

Purchase Report Sections – Click Here!  Regional analysis  Segmentation analysis  Industry outlook  Competitive landscape

Speak To Analyst – Click Here!  Get your doubts clear  Schedule a call with our analyst before making any decision

Request For Sample Pages – Click Here!  Get free sample pages  Understand report structure  Unmask data for validation

5

About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Â Web: www.polarismarketresearch.com

6

Thank You! Contact Us : Polaris Market Research 30 Wall Street 8th Floor,Â New York City, NY 10005, United States E mail Id: sales@polarismarketresearch.com Phone: +1-646-568-9980

Turn static files into dynamic content formats.

Create a flipbook