Coiled Tubing Market Size Worth $4.72 Billion By 2027 | CAGR: 4.8%: Grand View Research, Inc.
SAN FRANCISCO, Feb. 18, 2020 /PRNewswire/ -- The global coiled tubing market size is expected to reach USD 4.72 billion by 2027, expanding at a CAGR of 4.8% over the forecast period, according to a new report by Grand View Research, Inc.
- SAN FRANCISCO, Feb. 18, 2020 /PRNewswire/ -- The global coiled tubing market size is expected to reach USD 4.72 billion by 2027, expanding at a CAGR of 4.8% over the forecast period, according to a new report by Grand View Research, Inc.
- Significant boost in the production of tight oil particularly in U.S has resulted in significant rise in demand for coiled tubing.
- The top three players in the global coiled tubing market include Halliburton, Baker Hughes Company, and Schlumberger Limited.
- Grand View Research has segmented the global coiled tubing market on the basis of service, operation, application, and region:
Coiled Tubing Services Outlook (Volume, Units; Revenue, USD Million, 2016 - 2027)