Global Coiled Tubing Services Market Outlook to 2028

Global Coiled Tubing Services Market Outlook to 2028

Market Research Reports | Q1 2024 | Report ID: BR0215

About the Report

Continued development of the deep-water and ultra-deepwater reserves, increased shale oil & gas developments, continued shift from vertical to horizontal wells for greater formation access, increasing lateral length, and rising number of mature fields are some of the factors driving the demand for coiled tubing services. 

 

However, the volatile crude oil prices and high well development cost are the factors that play a crucial role in restraining the growth of the coiled tubing services market. 

 

 The coiled tubing is a continuous length of steel or composite tubing that is flexible enough to be wound on a large reel for transportation and injected into the existing production well for cleanout, perforating the wellbore, retrieving and replacing damaged equipment. 

 

Additionally, it is also used for real-time downhole measurement, Enhanced Oil Recovery (EOR) processes, sand control, and cementing operations. 

 

Post-COVID-19, oil demand, and crude prices have recovered significantly from record lows in Q2 2020. This has supported a recovery of shut-in production units. However, oil prices still below the breakeven levels to improve upstream spending. Most of the companies are debt-laden and are renegotiating the contract terms. 

 

The new offshore projects, mainly across North America and Europe (Norway), will create numerous market opportunities for global coiled tubing service companies. 

 

In Asia-Pacific, upcoming offshore projects in Australia, China, and the Gulf of Thailand further create opportunities for the coiled tubing services market. 

 

Blackridge's Report provides insights into the current global and regional market demand scenario and its outlook. The study offers a detailed analysis of various factors instrumental in affecting the global coiled tubing services market growth. It provides a perspective on various market opportunities and threats and a detailed analysis of the global coiled tubing services market's competitive landscape. 

 

  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 Analysis of Covid-19 Impact
  • 3.5 Market Opportunities
  • 3.6 Market Size and Forecast

4. Industry Analysis

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

5. Regional Market Analysis

  • 5.1 North America
  • 5.2 Europe
  • 5.3 Asia-Pacific
  • 5.4 South America
  • 5.5 Middle East & Africa

6. Key Company Profiles

  • 6.1 Halliburton Company 
  •   6.2 Schlumberger Limited 
  •   6.3 Baker Hughes 
  •   6.4 C&J Energy Services 
  •   6.5 Weatherford 
  •   6.6 Calfrac Well Services Ltd 
  •   6.7 Superior Energy Services 
  •   6.8 Nine Energy Service 
  •   6.9 Nabors Industries Ltd 
  •   6.10 NexTier Oilfield Solutions Inc. 
  •   6.11 STEP Energy Services 

7. Competitive Landscape

  • 7.1 List of Notable Players in the Market
  • 7.2 M&A, JV, and Agreements
  • 7.3 Strategies of Key Players

8. Conclusions and Recommendations

List of Tables & Figures

Abbreviations

Additional Notes

Disclaimer

  This report helps to:-

  • Gain a deeper understanding of the impact of COVID 19, and oil & gas prices crash on the global coiled tubing services market
  • Equip yourself with rigorous analysis and forward-looking insight into the coiled tubing services market across various regions
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for coiled tubing services evolve over the next 5 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, JV’s and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Who need this report?


  • Oil & Gas Companies
  • Equipment Manufacturers and Suppliers
  • Investors and Financing companies
  • EPC Companies
  • Government and Regulatory Organizations

  What's included

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

  Why buy this report?

  • Gain a deeper understanding of the impact of Covid-19 on the <Global Coiled Tubing Services Market>.
  • Equip yourself with rigorous analysis and forward-looking insights into the <Global Coiled Tubing Services Market> across multiple regions.
  • 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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