Coiled tubing is made of low carbon alloy steel with good flexibility, also known as flexible tubing, a coil of coiled tubing several kilometers long. It can replace conventional tubing for many operations. Coiled tubing operation equipment has the advantages of pressure operation, continuous start and drop, small size, fast operation cycle and low cost.
This report contains market size and forecasts of Coiled Tubing in global, including the following market information:
Global Coiled Tubing Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Coiled Tubing Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Coiled Tubing companies in 2021 (%)
The global Coiled Tubing market was valued at 4020.3 million in 2021 and is projected to reach US$ 5229.5 million by 2028, at a CAGR of 3.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
4 Points Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Coiled Tubing include D＆L Dloiltools, Sandvik, WB Supply, Hovoy, Schlumberger, Deep Casing Tools, Don Mashburn, Akiet and Centura Oil, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Coiled Tubing manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Coiled Tubing Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Coiled Tubing Market Segment Percentages, by Type, 2021 (%)
4 Points
6 Points
1 Inch Tube
Global Coiled Tubing Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Coiled Tubing Market Segment Percentages, by Application, 2021 (%)
Wash Sand and Wash Wells
Drilling Bridge Plug
Gas Lift
Inject Liquid Nitrogen
Clear Wax
Global Coiled Tubing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Coiled Tubing Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Coiled Tubing revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Coiled Tubing revenues share in global market, 2021 (%)
Key companies Coiled Tubing sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Coiled Tubing sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
D＆L Dloiltools
Sandvik
WB Supply
Hovoy
Schlumberger
Deep Casing Tools
Don Mashburn
Akiet
Centura Oil
Ardyne
Ray Oil Tool
Gryphon Oil Field