Coiled Tubing Market By Service 2021 | IndustryARC
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Coiled Tubing Market
Coiled Tubing Market: By Service (Well Intervention & Production, Drilling, Others); By Operation (Circulation, Pumping, Logging, Perforation and Others); By Geography (Americas, Europe, APAC, RoW) - (2015-2021)
Report Code : EPR 0014
Updated Date: 24 November, 2017  

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  • Report Description
  • Table of Contents
  • Customization Options
1. Coiled Tubing Market Overview
2. Executive Summary
3. Coiled Tubing Market Landscape

   3.1. Market Share Analysis
   3.2. Comparative Analysis
      3.2.1. Product Benchmarking
      3.2.2. End user Profiling
      3.2.3. Top 5 Financials Analysis
4. Coiled Tubing Market Forces
   4.1. Market Drivers
   4.2. Market Constraints & Challenges
   4.3. Attractiveness of the coiled tubing Industry
      4.3.1. Power of Suppliers
      4.3.2. Threats From New Entrants
      4.3.3. Power of Buyer
      4.3.4. Threat From Substitute Product
      4.3.5. Degree of Competition
5. Coiled Tubing Market Strategic Analysis
   5.1. Coiled Tubing Market - Value Chain Analysis
   5.2. Pricing Analysis
   5.3. Opportunity Analysis
   5.4. Product Life Cycle
   5.5. Suppliers and Distributors
   5.6. SWOT Analysis
6. Coiled Tubing Market- By Services
   6.1. Introduction
   6.2. Well Intervention & Production
   6.3. Drilling
   6.4. Others
7. Coiled Tubing Market- By Operations
   7.1. Introduction
   7.2. Circulation
   7.3. Pumping
   7.4. Logging
   7.5. Perforation
   7.6. Others
8. Coiled Tubing Market-By Geography
   8.1. Introduction   
   8.2. Americas
      8.2.1. U.S.
      8.2.2. Canada
      8.2.3. Mexico
      8.2.4. Brazil
      8.2.5. Venezuela
      8.2.6. Others
   8.3. Europe
      8.3.1. Russia.
      8.3.2. UK 
      8.3.3. Norway
      8.3.4. Kazakhstan
      8.3.5. Others
   8.4. APAC
      8.4.1. China
      8.4.2. India 
      8.4.3. Indonesia
      8.4.4. Others
   8.5. Rest of the World (RoW)
      8.5.1. Middle East
      8.5.2. Africa
9. Coiled Tubing Market-Entropy
   9.1. New Product Developments
   9.2. Mergers and Acquisitions
10. Company Profiles
   10.1. Archer Limited
   10.2. Baker Hughes Inc.
   10.3. Basic Energy Services
   10.4. C&J Energy Services
   10.5. Chris Mechanical Services Ltd.
   10.6. Crostek corp.
   10.7. Essential Energy Services
   10.8. Freemyer Industrial Pressure LP
   10.9. Global Tubing
   10.10. Halliburton corp.
   10.11. INOXCVA - Cryogenic Vessel Alternatives Inc.
   10.12. Integral Oilfield Solutions.
   10.13. Interwell Norway.
   10.14. JB Well Solutions AS
   10.15. KOLLER Maschinen- und Anlagenbau GmbH
   10.16. McCoy Trailers
   10.17. Tucker Energy Services
   10.18. Viking Services
   10.19. Weatherford International Ltd.
   10.20. Webco Tubing Ltd.
   10.21. Well Innovations AS
   10.22. NOV Quality Tubing
   10.23. NOV Texas Oil Tools
   10.24. Owen Oil Tools - A Division of Core Lab
   10.25. Peerless Custom Coiled Tubing Trailers
   10.26. Rike Service Inc.
   10.27. Rosen Inspection Technologies
   10.28. Spooltech LLC.
   10.29. Stewart and Stevenson
   10.30. Tenaris
   10.31. Torqued-Up Energy Services
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"

11. Appendix
   11.1. Abbreviations
   11.2. Sources
   11.3. Research Methodology
   11.4. Bibliography
   11.5. Compilation of Expert Insights
   11.6. Disclaimer
Coiled Tubing (CT) in the oil and gas industries is used for interventions in oil and gas wells, for drilling them and occasionally as production tubing in exhausted gas wells. Coiled tubing is frequently used to perform processes identical to wire lining. The main benefits of CT services over wire line are the capacity to pump chemicals through the coil and the ability to thrust it into the hole.

Oil & Gas industry employs coiled tubing for cost- and time-effective solution of well intervention and drilling operations. The coiled tubing is an incessant length of composite tubing that is supple enough to be coiled on a huge roll for conveyance. Escalating demand for recoverable resources and augmented exploration, production, and completion activities are the key drivers that propel the growth in the coiled tubing services market. CT services are used to enhance both oil and natural gas production; hence, increasing focus on natural gas production is another main driver for the CT services to grow.

The market for coiled tubing can be divided into well intervention, drilling and production services based on the service type being deployed in the industry. Well intervention services can be segmented into well cleaning and well completion services. Rising demand of these services is projected to drive the global coil tubing market in future. Some of the operations that this industry caters to are circulation, perforation, logging, pumping and others.

Increasing shale gas undertakings alongside expansion of Oil and Gas ventures would relatively reduce the impact of the steep decline in the Oil reserves in established fields. The coiled tubing market is getting its market share mainly from four regions which are North America, Europe, APAC, and RoW.

Coiled Tubing Market

The American region remains the largest market for coiled tubing, followed by Europe, Asia-Pacific, and the Middle East in 2015. The recent shale gas expansions in the U.S have drove the explorations events in this region, thereby increasing the market for CT services. The Middle East and Africa market remains to be a key growing area due to cumulative demand from innovative technology in the oil & gas industry coupled with new investments. The development of new fields in this region also delivers a thrust, thereby propelling the coiled tubing market in these regions.

Upcoming developments in offshore drilling and immense shale exploration and production activities are high-prospect areas for the coiled tubing market. Mounting demand for energy and growing spending on exploration & production are key growth drivers for the CT market.

North America is expected to continue its dominance in the coiled tubing market in 2016 as well. This supremacy is seen largely due to constant and huge increase in the U.S. exploration and production activities.

Sample Companies Profiled in this Report are:
  • Baker Hughes Inc. (The U.S.)
  • Halliburton Corp. (The U.S.)
  • Schlumberger ltd. (The U.S.)
  • Weatherford International Ltd. (The U.S.)
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