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Global Coiled Tubing Market Outlook to 2028

Global Coiled Tubing Market Outlook to 2028

Market Research Reports | Q1 2024 | Report ID: BR0178
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About the Report

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

 

  Table of Contents

1. Executive Summary

2. Research Scope and Methodology

3. Market Analysis

  • 3.1 Introduction
  • 3.2 Market Dynamics
    • 3.2.1. Drivers
    • 3.2.2 Restraints
  • 3.3 Market Trends & Developments
  • 3.4 Market Opportunities
  • 3.5 Market Size and Forecast
  • 3.6 List of Projects

4. Industry Analysis

  • 4.1 Supply Chain Analysis
  • 4.2 Porter’s Five Forces Analysis

5. Market Segmentation & Forecast

  • 5.1 By By Stage of service
    • 5.1.1 Drilling
    • 5.1.2 Hydraulic Fracturing
    • 5.1.3 Well Intervention
    • 5.1.4 Well Completion
  • 5.2 By Application
    • 5.2.1 Onshore
    • 5.2.2 Offshore

6. Regional Market Analysis

  • 6.1 North America
  • 6.2 Europe
  • 6.3 Asia-Pacific
  • 6.4 South America
  • 6.5 Middle East & Africa

7. Key Company Profiles

  • 7.1 Baker Hughes
  • 7.2 Schlumberger Limited
  • 7.3 Halliburton
  • 7.4 Weatherford International plc
  • 7.5 C&J Energy Services
  • 7.6 Cudd Pressure Control, Inc
  • 7.7 Patriot Well Solutions LLC
  • 7.8 Key Energy Services
  • 7.9 Quintana Energy Services
  • 7.10 Pioneer Energy Services
    • * List not exhaustive

8. Competitive Landscape

  • 8.1 List of Notable Players in the Market
  • 8.2 M&A, JV, and Agreements
  • 8.3 Market Share Analysis
  • 8.4 Strategies of Key Players

9. Conclusions and Recommendations

List of Tables & Figures

Abbreviations

Additional Notes

Disclaimer

  This report helps to:-

• 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. 

  Who need this report?

• Coiled tubing fleet suppliers
• Coiled tubing manufacturers
• Investor Community
• Financing Companies
• Government Bodies & Industry Organizations
• Energy Engineering, Procurement, and Construction (EPC) firms
• Others 

  Tables and charts

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

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

North America - Coiled Tubing Market Revenue, in USD billion, 2019-2025

Others

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

Asia-Pacific - Coiled Tubing Market Revenue, in USD billion, 2019-2025

South America - Coiled Tubing Market Revenue, in USD billion, 2019-2025

Middle East & Africa - Coiled Tubing Market Revenue, in USD billion, 2019-2025

Detailed list of Tables and Charts are available in the full report.

  What's included

Report - Global Coiled Tubing Market Outlook to 2028.pdf
Market Data - Global Coiled Tubing Market Outlook to 2028.xls

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  • Gain a deeper understanding of the impact of Covid-19 on the <Global Coiled Tubing Market>.
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  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market size data and forecasts to understand how the demand across various segments evolves over the next few years.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

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