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Global Coiled Tubing (CT) Market: Trends, Opportunities and Forecasts (2016-2021) – (By Application – Well Intervention, Drilling, Completion; By Location – Onshore, Offshore; By Region-Europe/Africa/ Middle East/ Asia Pacific/ North America/ South Americ

Global Coiled Tubing (CT) Market: Trends, Opportunities and Forecasts (2016-2021) – (By Application – Well Intervention, Drilling, Completion; By Location – Onshore, Offshore; By Region-Europe/Africa/ Middle East/ Asia Pacific/ North America/ South America)

Executive Summary

High exploration and production activities in oil and gas sector, restoration of mature fields and discovery of the new Oil & Gas reserves and high consumer demand for energy particularly in the African, Middle Eastern, and Asian regions along with decline in the crude oil prices in the coming five years drive the growth of Coiled Tubing Market

The Global Coiled Tubing Market in Oil and Gas Industry has been growing at a high rate on account of the shale revolution in the nations. However, Steep decline in the Oil reserves in established fields has created an unstable environment for the oil field services and related industries but the fluctuation in the crude oil prices has proved to be the major growth driver for this industry. Prospective acceleration in recoverable resources alongside increased exploration & production expenditure, increasing shale gas ventures alongside expansion in Oil and Gas ventures would relatively deescalate the impact of the Steep decline in the Oil reserves in established fields.

During 2016-21, Global Coiled Tubing in Oil and Gas Industry is anticipated to grow at a CAGR of 2.45 % on account of anticipating low crude oil prices leading to an accelerated demand for cost-effective well intervention methods globally.

Moreover, an increase in crude oil prices will induce the U.S. dollar to appreciate making it tougher for the economy to exercise traditional & conventional well practises and will result in worsening the Exploration & Production operations in the coming years.

According to Azoth Analytics research report “Global Coiled Tubing (CT) Market: Trends, Opportunities and Forecasts (2016-2021) – (By Application – Well Intervention, Drilling, Completion; By Location – Onshore, Offshore; By Region-Europe/Africa/ Middle East/ Asia Pacific/ North America/ South America)”, Global Coiled Tubing market is projected to exhibit a positive growth during 2016 – 2021 at a CAGR of 2.45 % wherein market in Middle East, Africa, Asia Pacific is expected to rise. On the basis of application, market is segmented by Application (Well Intervention, Drilling Services & Well Completion), By Location of Application (Offshore & Onshore) and By Geography (North America, South America, Middle East, Europe/Africa/Russia and Asia Pacific).

North America has dominated the revenue contribution share in 2015 and the region is forecast to continue its domination through 2021 because of high exploration and production activities in Texas. African, Asia-Pacific, and the Middle East are expected to grow rapidly owing to high demand for energy in these regions leading to an increase in exploration activities leading to growth in the CT operations. Few of the leading companies operating in Global Coiled Tubing Market includes Schlumberger, Halliburton Co., Baker Hughes Inc., Weatherford International Ltd. and many more.

Scope of the Report

“Global Coiled Tubing (CT) Market: Trends, Opportunities and Forecasts (2016-2021) – (By Application – Well Intervention, Drilling, Completion; By Location – Onshore, Offshore; By Region-Europe/Africa/ Middle East/ Asia Pacific/ North America/ South America)” analyzes the following aspects of Coiled Tubing Market:

  • Global Coiled Tubing Market Size, Share & Forecast
  • Segmental Analysis – Market is categorized By Application (Well Intervention, Drilling Services & Well Completion), By Location of Application (Offshore & Onshore) and By Geography (North America, South America, Middle East, Europe/Africa/Russia and Asia Pacific)
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations
Research Methodology

The industry, sector and the segment is defined and the historic market trend is figured out through various paid databases. The next stage involves comprehensive primary research in which the various stakeholders of the market segment (e.g. Coiled Tubing Equipment Manufacturers, Service providers, dealers/distributors in case of Coiled Tubing Products) are contacted, interviewed and their insights taken. The insights from the experts/stakeholders are triangulated with the historical market trends. Further, Back-of-the-Envelope calculation for the market estimation is made through proper understanding of the market as well as future business strategies of the companies engaged in the market.Why You Should Buy This Report?
  • To gain an in-depth understanding of Global Coiled Tubing Market.
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, Coiled Tubing Equipment manufacturers, vendors and dealers, competitors align their market-centric strategies
  • To obtain research based business decision and add weight to presentations and marketing material
  • To gain competitive knowledge of leading players
  • To avail limited customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs


1. Research Methodology
2. Product Overview
3. Executive Summary
4. State of Global Oil and Gas Industry
4.1. Rising Crude Oil and Natural Gas Production Across the Globe
4.1.1 Global Crude Oil Production Market, By Value (Historic 2010-14)
Table 1: Global Crude Oil Production Market, By Value, 2010-2014(Trillion Barrels Per day)
4.1.2 Global Crude Oil Production Market, By Value (Forecast 2015E-2020F)
Table 2: Global Crude Oil Production Market, By Value, 2015E-2021F (Trillion Barrels Per day)
4.1.3 Global Natural Gas Production Market, By Value (Historic 2010-14)
Table 3: Global Natural Gas Production Market, By Value, 2010-2014(Trillion Cubic Meters)
4.1.4 Global Natural Gas Production Market, By Value (Forecast 201E-2020F)
Table 4: Global Natural Gas Production Market, By Value, 2015E-2021F (Trillion Cubic Meters)
5. Global Coiled Tubing Market: An Analysis
5.1. Global Coiled Tubing Market: Total Market Size, Growth & Forecast
5.1.1 Global Coiled Tubing Market Size: By Value (Historic 2011-15)
Table 5: Global Coiled Tubing Market Size, By Value, 2011-2015 (USD Billion)
5.1.2 Global Coiled Tubing Market Size: By Value (Forecast 2016E-2021F)
Table 6: Global Coiled Tubing Market Size, By Value, 2016E-2021F (USD Billion)
Table 7: Global Coiled Tubing Market Size, By Volume, 2011-2015 (CT Units)
Table 8: Global Coiled Tubing Market Size, By Volume, 2016E-2021F (CT Units)
Table 9: Global Coiled Market, By Region, 2015
5.2. Global Coiled Tubing Market, By Application: Size, Growth & Forecast
5.2.1 Global Coiled Tubing Market Share, By Application 2016E
Table 10: Global Coiled Tubing Market, By Application 2016E (CT Units)
5.2.2 Global Coiled Tubing Market Share, By Application 2021F
Table 11: Global Coiled Tubing Market, By Application 2021F (CT Units)
5.3. Global Coiled Tubing Market, By Location of Application: Size, Growth & Forecast
5.3.1 Global Coiled Tubing Market Share, By Location of Application 2016E
Table 12: Global Coiled Tubing Market, By Location of Application 2016 E (CT Units)
5.3.2 Global Coiled Tubing Market Share, By Location Application 2021F
Table 13: Global Coiled Tubing Market, By Location of Application 2021 F (CT Units)
6. Europe/Africa/Russia Coiled Tubing Market: An Analysis
6.1. Europe/Africa/Russia Coiled Tubing Market: Size, Growth & Forecast
6.1.1. Europe/Africa/Russia Coiled Tubing Market, By Value (Historic 2011-2015)
Table 14: Europe/Africa/Russia Coiled Tubing Market Size, By Value, 2011-2015 (USD Billion)
6.1.2. Europe/Africa/Russia Coiled Tubing Market, By Value (Forecast 2016E-2021F)
Table 15: Europe/Africa/Russia Coiled Tubing Market Size, By Value, 2016E-2021F (USD Billion)
6.1.3. Europe/Africa/Russia Coiled Tubing Market Size, By Volume (Historic 2011-2015)
Table 16: Europe/Africa/Russia Coiled Tubing Market Size, By Volume, 2011-2015 (CT Units)
6.1.4. Europe/Africa/Russia Coiled Tubing Market, By Volume (Forecast 2016E-2021F)
Table 17: Europe/Africa/Russia Coiled Tubing Market Size, By Volume, 2016E-2021F (CT Units)
6.2. Europe/ Africa/ Russia Coiled Tubing Market, By Application: Size, Growth & Forecast
6.2.1. Global Coiled Tubing Market Share, By Application 2016E
Table 18: Europe/Africa/Russia Coiled Tubing Market, By Application 2016 E (CT Units)
6.2.2. Global Coiled Tubing Market Share, By Application 2021F
Table 19: Europe/Africa/Russia Coiled Tubing Market, By Application 2021 F (CT Units)
6.3. Europe/Africa/Russia Coiled Tubing Market, By Location of Application: Size, Growth & Forecast
6.3.1. Europe/ Africa/ Russia Coiled Tubing Market Share, By Location of Application
2016E
Table 20: Europe/ Africa/ Russia Coiled Tubing Market, By Location of Application 2016E (CT Units)
6.3.2. Europe/ Africa / Russia Coiled Tubing Market Share, By Location Application 2021F
Table 21: Europe/ Africa/ Russia Coiled Tubing Market, By Location of Application 2021F (CT Units)
Table 22: Europe/Africa/Russia’s Offshore Active Rig Fleet, 2015 (%)
7. Middle East Coiled Tubing Market: An Analysis
7.1. Middle East Coiled Tubing Market: Size, Growth & Forecast
7.1.1. Middle East Coiled Tubing Market, By Value (Historic 2011-2015)
Table 23: Middle East Coiled Tubing Market Size, By Value, 2011-2015 (USD Billion)
7.1.2. Middle East Coiled Tubing Market, By Value (Forecast 2016E-2021F)
Table 24: Middle East Coiled Tubing Market Size, By Value, 2016E-2021F (USD Billion)
7.1.3. Middle East Coiled Tubing Market, By Volume (Historic 2011-2015)
Table 25: Middle East Coiled Tubing Market Size, By Volume, 2011-2015 (CT Units)
7.1.4. Middle East Coiled Tubing Market, By Volume (Forecast 2016E-2021F)
Table 26: Middle East Coiled Tubing Market Size, By Volume, 2016E-2021F (CT Units)
7.2. Middle East Coiled Tubing Market, By Application: Size, Growth & Forecast
7.2.1. Middle East Coiled Tubing Market, By Application 2016E
Table 27: Middle East Coiled Tubing Market, By Application 2016 E (CT Units)
7.2.2. Middle East Coiled Tubing Market, By Application 2021F
Table 28: Middle East Coiled Tubing Market, By Application 2021 F (CT Units)
7.3. Middle East Coiled Tubing Market, By Location of Application: Size, Growth & Forecast
7.3.1. Middle East Coiled Tubing Market, By Location of Application 2016E
Table 29: Middle East Coiled Tubing Market, By Location of Application 2016 E (CT Units)
7.3.2. Middle East Coiled Tubing Market, By Location of Application 2021F
Table 30: Middle East Coiled Tubing Market, By Location of Application 2021 F (CT Units)
8. Saudi Arabia Coiled Tubing Market: An Analysis
8.1. Saudi Arabia Coiled Tubing Market: Size, Growth & Forecast
8.1.1. Saudi Arabia Coiled Tubing Market, By Value (Historic 2011-2015)
Table 31: Saudi Arabia Coiled Tubing Market Size, By Value (USD Billion), 2011-2021F
8.1.2. Saudi Arabia Coiled Tubing Market, By Value (Forecast 2016E-2021F)
8.1.3. Saudi Arabia Coiled Tubing Market Size, By Volume, 2011-2021F
Table 32: Saudi Arabia Coiled Tubing Market Size, By Volume (Number of Active Coiled Tubing Units), 2011-2021F
8.1.4. Saudi Arabia Coiled Tubing Market Share, By Region, By Location, 2015
Table 33: Saudi Arabia Coiled Tubing Market Share, By Region, By Location, 2015(%)
9. Asia Pacific Coiled Tubing Market: An Analysis
9.1. Asia Pacific Coiled Tubing Market: Size, Growth & Forecast
9.1.1. Asia Pacific Coiled Tubing Market, By Value (Historic 2011-2015)
Table 34: Asia Pacific Coiled Tubing Market Size, By Value, 2011-2015(USD Billion)
9.1.2. Asia Pacific Coiled Tubing Market, By Value (Forecast 2016E-2021F)
Table 35: Asia Pacific Coiled Tubing Market Size, By Value, 2016E-2021F (USD Billion)
9.1.3. Asia Pacific Coiled Tubing Market, By Volume (Historic 2011-2015)
Table 36: Asia Pacific Coiled Tubing Market Size, By Volume, 2011-2015 (CT Units)
9.1.4. Asia Pacific Coiled Tubing Market, By Volume (Forecast 2016E-2021F)
Table 37: Asia Pacific Coiled Tubing Market Size, By Volume, 2016E-2021F (CT Units)
Table 38: Oil Crude Oil Prices, 2010-2014 (US dollars per barrel)
9.2. Asia Pacific Coiled Tubing Market, By Application: Size, Growth & Forecast
9.2.1. Asia Pacific Coiled Tubing Market, By Application 2016E
Table 39: Asia Pacific Coiled Tubing Market, By Application 2016 E (CT Units)
9.2.2. Asia Pacific Coiled Tubing Market, By Application 2021F
Table 40: Asia Pacific Coiled Tubing Market, By Application 2021 F (CT Units)
9.3. Asia Pacific Coiled Tubing Market, By Location of Application: Size, Growth & Forecast
9.3.1. Asia Pacific Coiled Tubing Market, By Location of Application 2016E
Table 41: Asia Pacific Coiled Tubing Market, By Location of Application 2021 F (CT Units)
9.3.2. Asia Pacific Coiled Tubing Market, By Location of Application 2021F
Table 42: Asia Pacific Coiled Tubing Market, By Location of Application 2021 F (CT Units)
Table 43: Asia Pacific’s Offshore Active Rig Fleet, 2015 (%)
Table 44: Asia Pacific’s Onshore Active Rig Fleet, 2015 (%)
10. China Coiled Tubing Market: An Analysis
10.1. China Coiled Tubing Market: Size, Growth & Forecast
10.1.1. China Coiled Tubing Market Size, By Value, By Volume, 2015
Table 46: China Coiled Tubing Market Size, By Value (USD Million) and Volume (Number of Active Coiled Tubing Units), 2015
10.1.2. China Coiled Tubing Market Share, By Region, By Location, 2015
Table 45: China Coiled Tubing Market Share, By Region, By Location, 2015(%)
10.1.3. India Coiled Tubing Market Size, By Value, By Volume, 2011-2021F
Table 47: India Coiled Tubing Market Size, By Value (USD Million) and Volume (Number of Active Coiled Tubing Units), 2011-2015
Table 48: India Coiled Tubing Market Size, By Value (USD Million) and Volume (Number of Active Coiled Tubing Units), 2016E-2021F
Table 49: India Coiled Tubing Market Size, By Value (USD Million) and Volume (Number of Active Coiled Tubing Units), 2015
10.1.4. India Coiled Tubing Market Share, By Region, By Location, 2015
Table 50: India Coiled Tubing Market Share, By Region, By Location, 2015(%)
11. North America Coiled Tubing Market: An Analysis
11.1 North America Coiled Tubing Market: Size, Growth & Forecast
11.1.1. North America Coiled Tubing Market, By Value (Historic 2010-2014)
Table 51: North America Coiled Tubing Market Size, By Value, 2011-2015 (USD Billion)
11.1.2. North America Coiled Tubing Market, By Value (Forecast 2015E-2021F)
Table 52: North America Coiled Tubing Market Size, By Value, 2016E-2021F (USD Billion)
11.1.1. North America Coiled Tubing Market, By Volume (Historic 2011-2015)
Table 53: North America Coiled Tubing Market Size, By Volume, 2011-2015 (CT Units)
11.1.1. North America Coiled Tubing Market, By Volume (Historic 2016E-2021F)
Table 54: North America Coiled Tubing Market Size, By Volume, 2016E-2021F (CT Units)
11.2 North America Coiled Tubing Market, By Application: Size, Growth & Forecast
11.1.1. North America Coiled Tubing Market, By Application 2016E
Table 55: North America Coiled Tubing Market Share, By Application, 2015 (%)
11.1.2. North America Coiled Tubing Market, By Application 2021F
Table 56: North America Coiled Tubing Market Share, By Application, 2021F (%)
11.2 North America Coiled Tubing Market, By Location of Application: Size, Growth & Forecast
11.2.1. North America Coiled Tubing Market, By Location of Application 2016E
Table 57: North America Coiled Tubing Market Share, By Location of Application, 2016E (%)
11.2.2. North America Coiled Tubing Market, By Location of Application 2021F
Table 58: North America Coiled Tubing Market Share, By Location of Application, 2021F (%)
12. USA Coiled Tubing Market: An Analysis
12.1 USA Coiled Tubing Market: Size, Growth & Forecast
12.1.1. USA Coiled Tubing Market Size, By Value, (2011-2021F)
Table 59: USA Coiled Tubing Market Size, By Value (USD Billion), 2011-2021F
12.1.2. USA Coiled Tubing Market Size, By Volume (2011-2021F)
Table 60: USA Coiled Tubing Market Size, By Volume (Number of Active Coiled Tubing Units), 2011-2021F
12.1.3. USA Coiled Tubing Market Share, By Region, By Location, 2015
Table 61: USA Coiled Tubing Market Share, By Region, By Location, 2015(%)
13. Canada Coiled Tubing Market: An Analysis
13.1 Canada Coiled Tubing Market: Size, Growth & Forecast
13.1.1. Canada Coiled Tubing Market Size, By Value, (2011-2021F)
Table 62: Canada Coiled Tubing Market Size, By Value (USD Billion), 2011-2021F
13.1.2. Canada Coiled Tubing Market Size, By Volume (2011-2021F)
Table 63: Canada Coiled Tubing Market Size, By Volume (Number of Active Coiled Tubing Units), 2011-2021F
13.1.3. Canada Coiled Tubing Market Share, By Region, By Location, 2015
Table 64: Canada Coiled Tubing Market Share, By Region, By Location, By Volume 2015 (%)
14. South America Coiled Tubing Market: An Analysis
14.1 South America Coiled Tubing Market: Size, Growth & Forecast
14.1.1. South America Coiled Tubing Market, By Value (Historic 2011-2015)
Table 65: South America Coiled Tubing Market Size, By Value, 2011-2015 (USD Billion)
14.1.2. South America Coiled Tubing Market, By Value (Forecast 2016E-2021F)
Table 66: South America Coiled Tubing Market Size, By Value, 2016E-2021F (USD Billion)
Table 67: South America Coiled Tubing Market, By Volume 2011-2015 (CT Units)
Table 68: South America Coiled Tubing Market, By Volume 2016E-2021F (CT Units)
14.2 South America Coiled Tubing Market, By Application: Size, Growth & Forecast
14.2.1. South America Coiled Tubing Market, By Application 2016E
Table 69: South America Coiled Tubing Market Share, By Application, 2016E (%)
14.2.2. South America Coiled Tubing Market, By Application 2021F
Table 70: South America Coiled Tubing Market Share, By Application, 2021F (%)
14.3 South America Coiled Tubing Market, By Location of Application: Size, Growth & Forecast
14.3.1. South America Coiled Tubing Market, By Location of Application 2016E
Table 71: South America Coiled Tubing Market Share, By Location of Application, 2016E (%)
14.3.2. South America Coiled Tubing Market, By Location of Application 2021F
Table 72: South America Coiled Tubing Market Share, By Location of Application, 2021F (%)
15. Brazil Coiled Tubing Market: An Analysis
15.1 Brazil Coiled Tubing Market: Size, Growth & Forecast
15.1.1. Brazil Coiled Tubing Market Size, By Value, (2011-2021F)
Table 73: Brazil Coiled Tubing Market Size, By Value (USD Million), 2011-2021F
15.1.2. Brazil Coiled Tubing Market Size, By Volume (2011-2021F)
Table 74: Brazil Coiled Tubing Market Size, By Volume (Number of Active Coiled Tubing Units), 2011-2021F
15.1.3. Brazil Coiled Tubing Market Share, By Region, By Location, 2015
Table 75: Brazil Coiled Tubing Market Share, By Region, By Location, 2015(%)
16. Market Trends and Developments
17. Competitive Landscape
17.1 Competitive Benchmarking
17.1.1 Sales Comparatives, Top 5 Companies
Table 76: Sales Comparatives of Top 5 Companies (2011-2014)
17.1.2 EBITDA Comparatives, Top 5 Companies
Table 77: EBITDA Comparatives of Top 5 Companies (2011-2014)
17.1.3 EBIT Comparatives, Top 5 Companies
Table 78: EBIT Comparatives of Top 5 Companies (2011-2014)
17.1.4 PBT Comparatives, Top 5 Companies
Table 79: PBT Comparatives of Top 5 Companies (2011-2014)
17.1.5 PAT Comparatives, Top 5 Companies
Table 80: PAT Comparatives of Top 5 Companies (2011-2014)
17.1.6 Current Ratio Comparatives, Top 5 Companies
Table 81: Current Ratio Comparatives of Top 5 Companies (2011-2014)
17.1.7 Profit Margin Ratio, Top 5 Companies
Table 82: Profit Margin Ratio Comparatives of Top 5 Companies (2011-2014)
17.1.8 Debt-Equity Ratio, Top 5 Companies
Table 83: Debt-Equity Ratio Comparatives of Top 5 Companies (2011-2014)
17.2 Company Profiling
17.1.8 Schlumberger Limited
Table 84: Schlumberger Revenue (USD Million) and Other Financials AY 2011-2014
Table 85: Schlumberger Ltd. Percentage Revenue, By Business Segment (2014)
Table 86: Schlumberger Ltd. Percentage Revenue, By Geography (2014
Table 87: Schlumberger Ltd. Percentage Revenue, By Technology (2014)
17.1.8 Halliburton Co.
Table 88: Halliburton Co. Financials (USD Million) and Other Financials 2011-2014
Table 89: Halliburton Co. Percentage Revenue, By Business Segment (2014)
Table 90: Halliburton Co. Percentage Revenue, By Geography (2014)
Table 91: Halliburton Co. Percentage Geographic Revenue, By Completion and Production (2014
Table 92: Halliburton Co. Percentage Geographic Revenue, By Drilling and Evaluation (2014)
17.1.8 Baker Hughes Inc.
Table 93: Baker Hughes Revenue (USD Million) and Other Financials AY 2011-2014
Table 94: Baker Hughes Percentage Revenue, By Business Segment (2014)
Table 95: Baker Hughes Percentage Revenue, By Geography (2014)
17.1.8 Superior Energy Services Inc.
Table 96: Superior Energy Revenue (USD Million) and Other Financials AY 2011-2014
Table 97: Superior Energy Percentage Revenue, By Business Segment (2014)
Table 98: Superior Energy Percentage Revenue, By Geography (2014)
17.1.8 Weatherford International Ltd.
Table 99: Weatherford Revenue (USD Million) and Other Financials AY 2011-2014
Table 100: Weatherford Percentage Revenue, By Business Segment (2014)
Table 101: Weatherford Percentage Revenue, By Reporting Segment (2014)
Table 102: Weatherford Percentage Revenue, By Geography (2014)
17.1.8 Calfrac Well Services Ltd.
Table 103: Calfrac Revenue (USD Million) and Other Financials AY 2011-2014
Table 104: Calfrac Percentage Revenue, By Business Segment (2014)
Table 105: Calfrac Percentage Revenue, By Geography (2014)
17.1.8 Trican Well Service Ltd.
Table 106: Trican Revenue (USD Million) AY and Other Financials 2011-2014
Table 107: Trican Percentage Revenue, By Geography (2014)
17.1.8 Nabors Industries Ltd.
Table 108: Nabors Industries Ltd. Revenue and (USD Million) Other Financials AY 2011-2014
Table 109: Nabors Industries Percentage Revenue, By Business Segment (2014)
17.1.8 Key Energy Services Inc.
Table 110: Key Energy Services Revenue (USD Million) and Other Financials AY 2011-2014
Table 111: Key Energy Services Percentage Revenue, By Business Segment (2014)
17.1.8 Archer Limited
Table 112: Archer Revenue (USD Million) and Other Financials AY 2011-2014
Table 113: Archer Percentage Revenue, By Business Segment (2014)
Table 114: Archer Percentage Revenue, By Geography (2014)
18. Strategic Recommendations  

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