Global Coiled Tubing Market Outlook to 2025 | Blackridge Research

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Coiled tubing (CT) is typically a continuous steel pipe used to perform drilling, completion and intervention functions in the oil and gas industry, driven by increased use of coiled tubing units in place of well servicing units, in completing horizontal wells. Improving oil and gas drilling and production activity in recent times.

Global Coiled Tubing Market Outlook to 2025 | Blackridge Research

Coiled tubing (CT) is typically a continuous steel pipe used to perform drilling, completion and intervention functions in the oil and gas industry. The market is driven by an Increase in adoption of well intervention services by the oil and gas operators, increased use of coiled tubing units in place of well servicing units, in completing horizontal wells. Improving oil and gas drilling and production activity in recent times.

The global coiled tubing services market is segmented based on stage of service, and application. By stage of service market is divided into drilling, hydraulic fracturing, well intervention and well completion. Whereas by application includes onshore and offshore. Furthermore, the market is segmented by geography into North America, Europe, Asia Pacific, South America, and Middle-East & Africa.

The U.S is one of the prime spot for oil and gas E&P activity, holding approximately 30% of the global drilling activity. In a bid to maintain production rates but with less outlay, reducing costs and increasing efficiency has been high on the operations agenda.

To achieve high efficiency, well owners are making use of well intervention services such as coiled tubing for uninterrupted drilling and high flow production activity.

In recent time, the coiled tubing business in the U.S has improved in terms of utilization and pricing during the third quarter of the fiscal year 2019-2020.

The recent influx of coiled tubing equipment has led to excess capacity and increased competition in South Texas and Rocky Mountain regions

1. Executive Summary

2. Research Scope and Methodology

9. Conclusions and Recommendations

List of Tables & Figures

Abbreviations

Additional Notes

Disclaimer

• Make informed decisions using comprehensive market analysis and forward-looking view.

• Evaluate the attractiveness of the coiled tubing market in various regions in order to plan strategically and focus on the most promising opportunities while avoiding potential perceived risks.

• Understand the market dynamics and determine which geographies and segments to target for business growth.

• Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions/countries will impact market development.

• Assess regions and specific markets for market entry opportunities and trends in market development and contractual setup to gain a long-term view of regional & country markets.

• Know your competitors’ positioning through analyzing major operators’ performance, industry rankings, and marketing strategies in key regions.

• Develop strategies to defend and expand competitive positions as part of M&A strategy.

Global Coiled Tubing Market Revenue, in USD billion, 2019-2025

Global Coiled Tubing Market Revenue Share, by stage of service, 2019

Global Coiled Tubing Market Revenue Share, by Application, 2019

Global Coiled Tubing Market Revenue Share, by Region, 2019

Drilling stage of service – Coiled Tubing Market Revenue, in USD billion, 2019-2025

Well Completions stage of service – Coiled Tubing Market Revenue, in USD billion, 2019-2025

Hydraulic Fracturing stage of service – Coiled Tubing Market Revenue, in USD billion, 2019-2025

Well Intervention stage of service – Coiled Tubing Market Revenue, in USD billion, 2019-2025

Other stage of service- Coiled Tubing Market Revenue, in USD billion, 2019-2025

Onshore application - Coiled Tubing Market Revenue, in USD billion, 2019-2025