Coiled Tubing Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth And Forecast, 2013 - 2019
Description-
Coiled
tubing
is used in the Oil and Gas industry, primarily for upstream
activities. It is a lengthy and coiled tubular product used for oil
and gas well operations. It also finds use in well clean out’s,
pumping of nitrogen and as production tubing in depleted gas wells
among others. Coiled tubing services are divided into well
intervention services, drilling services and other services.
The
usage of coiled tubing in the oil and gas industry has multiple
advantages ranging from contained well pressure, quicker trip times
and lower personnel requirement among others. The market is poised
for growth as more and more investments are being channeled towards
the E&P industry. With development of offshore and deep-water
drilling markets picking up the usage of such coiled tubing in these
markets are imminent. Extensive shale gas exploration and drilling
activities all over the world is one of the primary drivers of this
market. Growing energy demands are likely to sustain the drilling
industry even in the distant future and ensure the demand for such
coiled tubing’s.
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The
coiled tubing market can be segmented on basis of services as well
intervention services, drilling services and other services. Well
intervention services can be segmented into well cleaning and well
completion services (acid & chemical treatment, fishing, logging
and perforation etc.). On the regional front North America is
currently the largest market for coiled tubing both in terms of value
and active fleet count. As awareness regarding benefits of this
technology is increasing, other world markets are likely to increase
their demand for coiled tubing. An expanding scope of business has
been observed in areas like Europe, Asia Pacific and the Middle
Eastern regions. However with the slowdown in North-American demand
the overall growth curve for the industry is likely to be moderated
in the near future.
Some
of the key players in the industry are Schlumberger Ltd, Halliburton
Co, Trican Well Services Ltd, Superior Energy Services Inc, Calfrac
Well Services Ltd and Baker Hughes Inc. among others.
This
research report analyzes this market depending on its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons
for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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Email: sales@researchmoz.us,
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