Market research Future Coiled Tubing Market Size, Share, Facts & Figures | Page 3

Coiled Tubing Market Research Report- Forecast to 2027
2 Market Overview
The Coiled Tubing Market is growing at the rapid pace; mainly due to the buoyant or sustaining Oil and
Gas Industry. According to a recent study report published by the Market Research Future, Globally, the
market for Coiled Tubing is regaining its momentum over the last couple of years and is expected to gain
prominence over the forecast period. The market is forecasted to witness a thriving growth by 2027,
surpassing its previous growth records in terms of value with a striking CAGR during the anticipated
period.
Although the oil and gas industry is still recovering from the recent price crisis, expected increase in shale
gas projects, and rise in investments are going to provide with a boost in demand for the Coiling Tubing
market. Advantages such as contained well pressure, quicker trip time and lower personnel requirements
are some factors which will provide growth opportunities for the Coiled Tubing market.
Coiled Tubing Global Market – Segments
The Global Coiled Tubing Market is segmented in to 2 key dynamics for the convenience of the report and
enhanced understanding;
Segmentation By Application
: Comprises Intervention, Cleaning & Completion, Drilling, and
other applications.
Segmentation By Regions
: Comprises Geographical regions - North America, Europe, APAC and Rest
of the World.
Page | 3
Copyright © 2017 Market Research Future.