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Coiled Tubing Market Share

  • Report ID: GMI4498
  • Published Date: Jan 2020
  • Report Format: PDF

Coiled Tubing Market Share

The eminent market players are focusing on ventures & acquisitions to meet the competitive edge in the coiled tubing industry. Mergers and acquisitions are among the key strategies followed by the leading players to gain market share. In addition, product upgrades along with the development of an extensive supply network are some of the other major strategies followed by the global players to enhance their existing market shares. As a result, the global coiled tubing market trend will witness significant growth over the forecast timeline.
 

The prominent players profiled in the coiled tubing market report includes

  • Halliburton
  • Weatherford
  • Schlumberger Limited
  • Trican
  • Calfrac Well Services Ltd.
  • C&J Energy Services, Inc.
  • Nabors Industries Ltd.
  • STEP Energy Services
  • RPC, Inc.
  • SUPERIOR Energy Services, Inc.
  • Quintana Energy Services
  • Basic Energy Services
  • Nine Energy Service
  • Saint Best Group
  • Tenaris
Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The overall coiled tubing market is anticipated to record a crcr of 7.6% through 2026

Overall coiled tubing market recorded a remuneration of $3 billion in 2019.

Coiled tubing is a long metal pipe spooled over a large reel and is primarily used for performing workover and repair activities across well sites. There are no joints and cuts in the coiled tube which in turn makes it more effective for well boreholes having depth of over 15,000 feet.

The global industry will register over 7.6% CAGR from 2020 to 2026, as estimated by GMI.

Growing number of mature oil fields along with increasing investments toward shale reserves will fuel the global industry demand.

Coiled Tubing Market Scope

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Premium Report Details

  • Base Year: 2019
  • Companies covered: 15
  • Tables & Figures: 1328
  • Countries covered: 23
  • Pages: 580
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