市場調査レポート

商品コード

1258810

コイルドチュービングの2028年までの市場予測- サービス別、操作別、用途別、エンドユーザー別、地域別の世界分析

Coiled Tubing Market Forecasts to 2028 - Global Analysis By Service, Operation, Application, End User and By Geography

出版日: 2023年04月01日
発行: Stratistics Market Research Consulting
ページ情報: 英文 175+ Pages
納期: 2～3営業日

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全表示
概要
図表
目次

概要

サンプル依頼リストに入れる

Stratistics MRCによると、世界のコイルドチュービング市場は、2022年に18億7,000万米ドルを占め、予測期間中にCAGR 5.4％で成長し、2028年には25億7,000万米ドルに達すると予想されています。

コイルドチュービングは、坑井の補修や補修作業のために、巨大なリールで囲われた長い金属パイプです。これは連続した長い金属パイプで、深さ15,000フィートまでのボーリング孔に挿入することができます。コイルドチュービングは、フライス加工、掘削、ロックフラクチャリング、サイドトラッキング、生産管、低底穴圧掘削、坑内清掃、機械的隔離、チューブロギングと穿孔など、さまざまな工程で利用されています。

調査によると、腐食、機械的損傷、人為的ミス、ストリング製造上の問題により、過去20年間にコイルドチュービングストリングの不具合の80～90%が発生したとされています。

市場力学：

促進要因：

世界の経済成長別石油需要の下支え

米国とOPECは、石油・ガスの需要増に対応するため、探査・生産活動への投資を拡大し、エネルギー・電力部門に有益な市場を創出すると予測しています。現地の原料が安価であることや、米国が新エネルギーの市場シェアを拡大していることから、チュービングサービスはますます普及することになるでしょう。コイルドチュービングは、標準的な掘削や作業工程に比べてさまざまな利点があります。

抑制：

原油価格の変動とメンテナンスコストの高さ

原油価格は、政策の変更、需給の変動、および世界の市場環境の変化に左右されます。原油価格は、新興経済諸国および先進経済諸国における環境保全の必要性に対する意識の高まりの影響を受けています。コイルドチュービングを利用したサービスを提供するための保守費用は比較的高価です。その結果、原油価格の変動やメンテナンス費用の高さが市場拡大の妨げとなっています。

機会

坑井作業に対する需要の高まり

生産量の増加、探鉱作業、非従来型資源開拓の結果、市場は拡大しています。坑井への介入は、生産量の維持・増加、坑井の耐用年数の延長、坑井の重大な懸念事項の治療が基本目標です。石油・ガソリンの上流事業も同様に、操業手順を改善し、生産量を増加させています。これらの変数が連動して、市場の需要を促進しています。

脅威

オフショア坑道掘削におけるコイルドチュービング作業の難易度

コイルドチュービングは繊細な機器であり、チューブは薄肉です。コイルドチュービングサービスプロバイダーが、オフショアでの坑井掘削時に経験する問題には、流体圧送時の高圧損失、コイルドチューブの腐食、コイルドチューブの回転制限、道路輸送と海上クレーンによる吊り上げという物流上の課題などがあります。

COVID-19の影響：

COVID-19の流行により実施されたロックダウンにより、一時的に輸出入が禁止されたほか、多くの産業で製造・加工活動が行われ、石油・ガス製品の需要が減少したため、コイルチューブ市場にも影響が出ました。その結果、2020年第2四半期、第3四半期、第4四半期の市場成長率は低くなります。しかし、世界中の多くの経済圏でCOVID-19の予防接種が開始され、世界的に状況が好転することが期待されるため、2021年末には市場は回復すると思われます。

予測期間中、坑井介入・生産部門が最大となる見込み

坑井掘削・生産分野では、有利な成長が見込まれます。坑道掘削を行う場合、従来型のチューブよりもコイルドチューブの方が望ましいが、これは後者をねじ止めする必要があるためです。また、油の流れを止めることなく、生産中にすぐに設置できるため、作業用リグは必要ありません。原油回収率の向上や水圧破砕、酸破砕などの先進的な作業でこの製品の人気が高まっているため、石油・ガス業界の主要企業は、コイルドチュービングを事業に活用するよう求められています。

予測期間中、ポンプ部門が最も高いCAGRを示すと予想されます。

ポンプ部門は、坑内安全弁のような重要な部品の損傷を防ぐことができるため、予測期間中に最も速いCAGRの成長が見込まれます。本製品は、薬液洗浄や穿孔のセメント処理を行う際など、坑内の特定の場所に流体を分配する作業で使用されます。さらに、複雑なポンプの配備にコイルドチュービングを使用することで、現場に多くのユニットを設置する必要がなくなり、配備コストを削減することができます。

最もシェアの高い地域

予測期間中、北米が最大の市場シェアを占めると予測されます。これは、同地域に多くの消費者層が存在することに加え、大手企業が存在することに起因します。さらに、この地域では、シェールオイル鉱床の新たな開発が進み、調査期間中の市場拡大を促進すると予想されます。石油の大量生産と輸出は、コイルドチュービングサービスの需要を促進し、将来的には市場拡大の原動力となると予想されます。

CAGRが最も高い地域：

予測期間中、アジア太平洋地域のCAGRが最も高くなると予測されます。インド、ベトナム、中国などの新興国からの石油・ガソリンの需要は、この地域全体で急速に増加しています。油田は、この地域の国々によって開発されています。例えば、Cairn Oil &GasとVedanta Companyは、2022年2月、インドのラジャスタン州で新たな油田を発見したことを明らかにしました。

主な発展を紹介します：

2020年6月、Weatherfordは、安全性を高め、効率を向上させながら、圧力の完全性を固定する必要があるオペレーター向けのソリューション、Velox wellhead systemを発表しました。

2020年1月、Halliburtonは、オーストラリア北部沖のブラウズ盆地でINPEXが運営するIchthys Projectの次の段階のフィールド開発のための掘削および完了サービスの7つの契約を獲得しました。

2019年9月、ベーカーヒューズ社は、同社のSureCONNECTダウンホールインテリジェントウェットメイトシステム、BPの海底井戸への導入に成功したと発表しました。SureCONNECTは、マルチトリップ補完において、ウェルボア全体にわたる補完システムのリアルタイムの生産監視と制御を可能にします。このシステムにより、オペレーターは貯留層性能を最適化し、リスクを未然に軽減するためのデータ主導の意思決定を行うことができます。

当レポートが提供するもの

地域別および国別セグメントの市場シェア評価
新規参入企業への戦略的提言
2020年、2021年、2022年、2025年、2028年の市場データを網羅
市場促進要因（市場動向、制約要因、機会、脅威、課題、投資機会、推奨事項など）
市場推定に基づく主要なビジネスセグメントにおける戦略的な提言
競合情勢とその動向
詳細な戦略、財務、最近の動向を含む企業プロファイル
サプライチェーンの動向は、最新の技術進歩をマッピングしています。

無料カスタマイズの提供

本レポートをご購入いただいたお客様には、以下のいずれかの無料カスタマイズをご提供いたします。

企業プロファイル
- 追加市場プレイヤーの包括的なプロファイリング（3社まで）
- キープレイヤーのSWOT分析（3社まで）
地域別セグメント
- お客様のご希望により、主要国の市場推計・予測・CAGRを提供（注：フィージビリティチェックによる）
競合ベンチマーキング
- 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要プレイヤーのベンチマーキング

北米
- 米国
- カナダ
- メキシコ
欧州
- ドイツ
- 英国
- イタリア
- フランス
- スペイン
- その他欧州
アジア太平洋地域
- 日本
- 中国
- インド
- オーストラリア
- ニュージーランド
- 韓国
- その他アジア太平洋地域
南米
- アルゼンチン
- ブラジル
- チリ
- その他南米
中東とアフリカ
- サウジアラビア
- アラブ首長国連邦
- カタール
- 南アフリカ
- その他中東とアフリカ

第10章主な発展

契約、パートナーシップ、コラボレーション、合弁事業
買収と合併
新製品の発売
事業拡大
その他の主要戦略

第11章企業プロファイル

National Energy Services Reunited
Calfrac Well Services Ltd
BHGE
Altus Intervention
Halliburton
Weatherford International PLC
Baker Hughes Company
Schlumberger Limited
Superior Energy Services
C&J Energy Services
Nabors Industries Ltd.
Archer Limited
Trican Well Service Ltd

図表

List of Tables

Table 1 Global Coiled Tubing Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
Table 3 Global Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
Table 4 Global Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
Table 5 Global Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
Table 6 Global Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
Table 7 Global Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
Table 8 Global Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
Table 9 Global Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
Table 10 Global Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
Table 11 Global Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
Table 12 Global Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
Table 13 Global Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
Table 14 Global Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
Table 15 Global Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
Table 16 Global Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
Table 17 Global Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
Table 18 Global Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
Table 19 Global Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
Table 20 Global Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
Table 21 Global Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)
Table 22 North America Coiled Tubing Market Outlook, By Country (2020-2028) ($MN)
Table 23 North America Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
Table 24 North America Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
Table 25 North America Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
Table 26 North America Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
Table 27 North America Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
Table 28 North America Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
Table 29 North America Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
Table 30 North America Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
Table 31 North America Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
Table 32 North America Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
Table 33 North America Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
Table 34 North America Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
Table 35 North America Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
Table 36 North America Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
Table 37 North America Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
Table 38 North America Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
Table 39 North America Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
Table 40 North America Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
Table 41 North America Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
Table 42 North America Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)
Table 43 Europe Coiled Tubing Market Outlook, By Country (2020-2028) ($MN)
Table 44 Europe Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
Table 45 Europe Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
Table 46 Europe Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
Table 47 Europe Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
Table 48 Europe Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
Table 49 Europe Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
Table 50 Europe Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
Table 51 Europe Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
Table 52 Europe Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
Table 53 Europe Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
Table 54 Europe Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
Table 55 Europe Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
Table 56 Europe Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
Table 57 Europe Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
Table 58 Europe Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
Table 59 Europe Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
Table 60 Europe Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
Table 61 Europe Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
Table 62 Europe Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
Table 63 Europe Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)
Table 64 Asia Pacific Coiled Tubing Market Outlook, By Country (2020-2028) ($MN)
Table 65 Asia Pacific Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
Table 66 Asia Pacific Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
Table 67 Asia Pacific Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
Table 68 Asia Pacific Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
Table 69 Asia Pacific Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
Table 70 Asia Pacific Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
Table 71 Asia Pacific Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
Table 72 Asia Pacific Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
Table 73 Asia Pacific Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
Table 74 Asia Pacific Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
Table 75 Asia Pacific Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
Table 76 Asia Pacific Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
Table 77 Asia Pacific Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
Table 78 Asia Pacific Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
Table 79 Asia Pacific Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
Table 80 Asia Pacific Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
Table 81 Asia Pacific Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
Table 82 Asia Pacific Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
Table 83 Asia Pacific Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
Table 84 Asia Pacific Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)
Table 85 South America Coiled Tubing Market Outlook, By Country (2020-2028) ($MN)
Table 86 South America Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
Table 87 South America Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
Table 88 South America Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
Table 89 South America Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
Table 90 South America Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
Table 91 South America Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
Table 92 South America Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
Table 93 South America Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
Table 94 South America Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
Table 95 South America Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
Table 96 South America Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
Table 97 South America Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
Table 98 South America Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
Table 99 South America Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
Table 100 South America Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
Table 101 South America Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
Table 102 South America Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
Table 103 South America Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
Table 104 South America Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
Table 105 South America Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)
Table 106 Middle East & Africa Coiled Tubing Market Outlook, By Country (2020-2028) ($MN)
Table 107 Middle East & Africa Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
Table 108 Middle East & Africa Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
Table 109 Middle East & Africa Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
Table 110 Middle East & Africa Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
Table 111 Middle East & Africa Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
Table 112 Middle East & Africa Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
Table 113 Middle East & Africa Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
Table 114 Middle East & Africa Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
Table 115 Middle East & Africa Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
Table 116 Middle East & Africa Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
Table 117 Middle East & Africa Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
Table 118 Middle East & Africa Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
Table 119 Middle East & Africa Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
Table 120 Middle East & Africa Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
Table 121 Middle East & Africa Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
Table 122 Middle East & Africa Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
Table 123 Middle East & Africa Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
Table 124 Middle East & Africa Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
Table 125 Middle East & Africa Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
Table 126 Middle East & Africa Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)

Product Code: SMRC22696

According to Stratistics MRC, the Global Coiled Tubing Market is accounted for $1.87 billion in 2022 and is expected to reach $2.57 billion by 2028 growing at a CAGR of 5.4% during the forecast period. Coiled tubing is a long metal pipe that is enclosed by a huge reel on a well site for repair and workover activities. It is a continuous long metal pipe that may be inserted into a borehole to a depth of up to 15,000 feet. Coiled tubing is utilised in many different processes, including milling, drilling, rock fracturing, sidetracking, production tubing, low bottom hole pressure drilling, wellbore cleanout, mechanical isolation, and tube logging and perforating.

According to surveys, corrosion, mechanical damage, human mistake, and string manufacturing issues caused 80-90 % of coiled tubing string failures in the last two decades.

Market Dynamics:

Driver:

Global economic growth to underpin oil demand

The United States and OPEC are projected to boost their investment in exploration and production activities to meet increased demand for oil and gas, creating a profitable market for the energy and power sector. Tubing services will become increasingly popular as a result of the low cost of local feedstock and the United States' increased market share in new energy sources. Coiled tubing has various advantages over standard drilling and workover processes.

Restraint:

Volatility in crude oil prices and high maintenance cost

Crude oil prices are subject to policy changes, fluctuations in demand and supply, and changes in the global market environment. Crude oil prices have been influenced by the growing awareness of the need to protect the environment in both developing and developed economies. The maintenance cost of providing services utilising coiled tubing is relatively expensive. As a result, the market's expansion is impeded by the volatility of crude oil prices and the high maintenance expenses.

Opportunity:

Growing demand for well intervention operations

The market is growing as a result of increased production, exploratory operations, and unconventional resource development. The basic goals of well interventions are to maintain or increase production, extend the useful lives of the wells, and treat serious concerns with the wells. The upstream oil and petrol business is likewise upgrading operational procedures and increasing output. These variables work together to drive market demand.

Threat:

Challenging coiled tubing operations in offshore well interventions

Coiled tubing is a delicate piece of equipment, and the tubing has a thin wall. Some of the issues experienced by coiled tubing service providers during offshore well intervention and drilling activities include high pressure losses while pumping fluids, coiled tubing corrosion, coiled tubing rotation limitations, and logistical challenges with both road transport and offshore crane lifting.

COVID-19 Impact:

Lockdowns implemented as a result of the COVID-19 epidemic resulted in a brief ban on import and export, as well as manufacturing and processing activities across numerous industries, which reduced demand for oil and gas goods, affected the coiled tubing market. As a result, market growth in the second, third, and fourth quarters of 2020 will be lower. However, the market is likely to rebound by the end of 2021, as COVID-19 immunisation has begun in many economies throughout the world, which is expected to help the situation globally.

The well intervention & production segment is expected to be the largest during the forecast period

The well intervention & production segment is estimated to have a lucrative growth. While executing a well intervention, coiled tubing is preferable than conventional tubing because the latter must be screwed together. A workover rig is not required because the first alternative can be placed immediately during production without interrupting oil flow. Because of the growing popularity for the product in advanced operations for increased oil recovery and hydraulic and acid fracturing, key companies in the oil and gas industry are urged to use coiled tubing into their operations.

The pumping segment is expected to have the highest CAGR during the forecast period

The pumping segment is anticipated to witness the fastest CAGR growth during the forecast period, because of its ability to prevent damage to critical components such as downhole safety valves. The product is used in this operation to distribute fluids to a specific place in the well, such as when performing chemical washes or cementing perforations. Furthermore, the use of coiled tubing in the deployment of a complex pump can cut deployment costs by reducing the need for many units on site.

Region with highest share:

North America is projected to hold the largest market share during the forecast period. This is due to the existence of significant players as well as a large consumer base in the region. Furthermore, new advancements of shale oil deposits in the region are expected to fuel market expansion during the studied time frame. The massive production and exportation of oil is expected to fuel demand for coiled tubing services, which in turn is expected to fuel market expansion in the future years.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period. Oil and petrol demand from developing countries such as India, Vietnam, and China is increasing rapidly throughout the region. Oil fields are being developed by countries throughout the region. Cairn Oil & Gas and the Vedanta Company, for example, revealed in February 2022 that they had discovered a new oil well in Rajasthan, India.

Key players in the market:

Some of the key players profiled in the Coiled Tubing Market include: National Energy Services Reunited, Calfrac Well Services Ltd, BHGE, Altus Intervention, Halliburton, Weatherford International PLC, Baker Hughes Company, Schlumberger Limited, Superior Energy Services, C&J Energy Services, Nabors Industries Ltd., Archer Limited and Trican Well Service Ltd.

Key Developments:

In June 2020, Weatherford launched the Velox wellhead system, solution for operators needing to lock in pressure integrity while enhancing safety and improving efficiency.

In January 2020, Halliburton was awarded 7 contracts for drilling and completion services for the next phase of field development of the INPEX-operated Ichthys Project in the Browse Basin offshore northern Australia.

In September 2019, Baker Hughes Company announced the successful deployment of its SureCONNECT downhole intelligent wet-mate system, in BP's subsea wells. SureCONNECT enables real-time production monitoring and control of the completion system across the entire wellbore in multi-trip completions. This system allows operators to make data-driven decisions to optimize reservoir performance and proactively mitigate risks.

Services Covered:

Drilling
Well Intervention & Production
Others Services

Operations Covered:

Logging
Perforation
Pumping
Other Operations

Applications Covered:

Offshore
Onshore

End Users Covered:

Engineering Procurement
Oil and Gas Industry
Construction Industry
Other End Users

Regions Covered:

North America
- US
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
South America
- Argentina
- Brazil
- Chile
- Rest of South America
Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa

What our report offers:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary

2 Preface

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Coiled Tubing Market, By Service

5.1 Introduction
5.2 Drilling
5.3 Well Intervention & Production
- 5.3.1 Well Cleaning
- 5.3.2 Well Completion
- 5.3.3 Other Well Intervention & Productions
5.4 Other Services

6 Global Coiled Tubing Market, By Operation

6.1 Introduction
6.2 Logging
6.3 Perforation
6.4 Pumping
6.5 Other Operations

7 Global Coiled Tubing Market, By Application

7.1 Introduction
7.2 Offshore
7.3 Onshore

8 Global Coiled Tubing Market, By End User

8.1 Introduction
8.2 Engineering Procurement
8.3 Oil and Gas Industry
8.4 Construction Industry
8.5 Other End Users

9 Global Coiled Tubing Market, By Geography

9.1 Introduction
9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa

10 Key Developments

10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 Company Profiling

11.1 National Energy Services Reunited
11.2 Calfrac Well Services Ltd
11.3 BHGE
11.4 Altus Intervention
11.5 Halliburton
11.6 Weatherford International PLC
11.7 Baker Hughes Company
11.8 Schlumberger Limited
11.9 Superior Energy Services
11.10 C&J Energy Services
11.11 Nabors Industries Ltd.
11.12 Archer Limited
11.13 Trican Well Service Ltd