Press release
Global Coiled Tubing Market Research Report 2018 – Industry Analysis, Size, Share, Growth, Demand, Overview and Segment Forecast To 2023
Market Highlights:-The global coiled tubing market is expected to witness a growing demand with recent increase in oil and gas exploration and drilling processes. The oil and gas industry is recovering from a price slowdown with increased investment in exploration and production activities, globally, is expected to be the driver for coiled tubing market. Also, there is an increased demand for oil in growing economies such as in India, Indonesia, and Philippines, which is further driving the demand for new oil exploration and drilling activities. On the other hand, to reduce the cost associated with construction of new offshore facilities, oil and gas majors are also investing in enhanced oil recovery processes in ageing mature oil fields, which further drives the market for coiled tubing.
Industry Top Key Players:-
The key players in the global coiled tubing market are Baker Hughes (U.S.), Nabors Industries Ltd.. (Bermuda), Superior Energy Services Inc. (U.S.), Weatherford International Ltd.(U.S), Halliburton Company (U.S.), Archer Limited (Bermuda), C&J Energy Services, Inc. (U.S), Calfrac Well Services Ltd. (Canada), RPC, Inc. (U.S.), Trican Well Services (Canada), Sanjel Corporation (Canada), Key Energy Services (U.S.), and Schlumberger (France).
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TABLE OF CONTENTS
1. REPORT PROLOGUE
2. INTRODUCTION
2.1. DEFINITION
2.2. SCOPE OF THE STUDY
2.2.1. RESEARCH OBJECTIVE
2.2.2. ASSUMPTIONS
2.2.3. LIMITATIONS
2.3. MARKET STRUCTURE
2.4. MARKET SEGMENTATION
3. RESEARCH METHODOLOGY
3.1. RESEARCH PROCESS
3.2. PRIMARY RESEARCH
3.3. SECONDARY RESEARCH
3.4. MARKET SIZE ESTIMATION
3.5. FORECAST MODEL
4. MARKET DYNAMICS
4.1. DRIVERS & OPPORTUNITIES
4.2. CHALLENGES & RESTRAINTS
4.3. VALUE CHAIN ANALYSIS
4.4. PORTER’S FIVE FORCES ANALYSIS
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Global Coiled Tubing Market:-
North America is expected to be the largest market for coiled tubing with increased oil and gas drilling activities in the region. Especially in U.S., in recent times, the country has established itself to be a major oil producing nation outside the OPEC through continuous extraction of shale oil and gas by unconventional drilling technologies. Moreover, the Middle East region is also witnessing increased oil and gas enhanced recovery projects along with new drilling projects after recent OPEC plans to continue oil production activities because of rising demand. In Asia Pacific region, China is increasing the number of its shale gas development projects, which is expected to result in rapid growth for the coiled tubing market. With increasing demand for oil and gas in countries such as India, Indonesia, Australia and Philippines, new oil and gas drilling projects are expected to increase, which will further drive the demand for coiled tubing.
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