Global Coiled Tubing Market (2020 to 2027) - Featuring Schlumberger, Baker Hughes, Halliburton & Weatherford International Among Others
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 this report.
- 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 this report.
- The market is expected to grow on account of increasing need to maximize oil and gas output from existing oil and gas wells.
- Coiled Tubing (CT) plays a significant role in enabling upstream oil and gas players to produce oil in a cost effective way.
- The top three players in the global coiled tubing market include Halliburton, Baker Hughes Company, and Schlumberger Limited.