World Coiled Tubing Market Report 2017: Opportunities and Forecast, 2014 – 2022 – Research and Markets

Research and Markets has announced the addition of the "World
Coiled Tubing Market - Opportunities and Forecast, 2014 - 2022"
report to their offering.

The report segments the coiled tubing market on the basis of services
and geography. On the basis of services, the report segments the coiled
tubing market into well intervention services, drilling services and
others. Well intervention services can be further segmented into well
cleaning service and well completion service. Based on geography, the
global coiled tubing market is segmented into North America, Europe,
Asia-Pacific, Latin America and Middle East and Africa (LAMEA).

Growth in shale gas exploration, especially in the U.S., along with
drilling activities across the globe and redevelopment of mature oil
fields are some of the key factors boosting the growth of market. With
the recent growth in offshore and deep-water drilling, the usage of
coiled tubing is expected to gain traction across the globe. Stringent
government regulations and declining rig count are the key restraints
hampering the growth of the market.

Focus on deep-water drilling along with demand for large diameter coiled
tubing will offer substantial growth opportunities for the coiled tubing
market. Declining oil prices, globally and increase in the length of
horizontal wells are some key market challenges.

COILED TUBING MARKET KEY SEGMENTS:

• Well Intervention Service
• Well Cleaning Service
• Well Completion Service
• Drilling Service
• Others

KEY PLAYERS

• Schlumberger Ltd
• Halliburton Co.
• Baker Hughes Inc.
• Archer Limited
• C&J Energy Services Inc.
• Calfrac Well Services Ltd
• Key Energy Services Inc.
• Nabors Industries Ltd
• RPC Inc.
• Sanjel Corporation
• Superior Energy Services Inc.
• Trican Well Service Ltd
• Weatherford International Ltd

For more information about this report visit http://www.researchandmarkets.com/research/sj6z4g/world_coiled

View source version on businesswire.com: http://www.businesswire.com/news/home/20170316006018/en/

News by QuoteMedia

www.quotemedia.com