Global Coiled Tubing Market Growth 2025-2031
Description
The global Coiled Tubing market size is predicted to grow from US$ 5052 million in 2025 to US$ 6123 million in 2031; it is expected to grow at a CAGR of 3.3% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Coiled tubing refers to a continuous length of small-diameter steel pipe and related surface equipment as well as associated drilling, completion and workover, or remediation, techniques. Coiled tubing oilfield technology was initially developed for working on live, producing wells.
Coiled tubing technology is frequently used to deploy tools and materials through production tubing or casing while remedial work is performed on producing wells. Coiled tubing fulfills three key requirements for downhole operations on live wells by providing a dynamic seal between the formation pressure and the surface, a continuous conduit for fluid conveyance and a method for running this conduit in and out of a pressurized well.
Coiled tubing strength and rigidity, combined with its capability to circulate treatment fluids, offer distinct advantages in workover operations. In addition to drilling and completion operations, oil and gas companies are using coiled tubing to help fish for lost equipment and for conveying well logging tools.
Global Coiled Tubing Services key players include Schlumberger, Halliburton, Baker Hughes (GE), etc. Global top three manufacturers hold a share about 60%.
North America is the largest market, with a share about 50%, followed by South America, and Europe, both have a share over 20 percent.
In terms of product, Well Intervention is the largest segment, with a share over 65%. And in terms of application, the largest application is Onshore, followed by Offshore.
LP Information, Inc. (LPI) ' newest research report, the “Coiled Tubing Industry Forecast” looks at past sales and reviews total world Coiled Tubing sales in 2024, providing a comprehensive analysis by region and market sector of projected Coiled Tubing sales for 2025 through 2031. With Coiled Tubing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coiled Tubing industry.
This Insight Report provides a comprehensive analysis of the global Coiled Tubing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Coiled Tubing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Coiled Tubing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coiled Tubing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Coiled Tubing.
This report presents a comprehensive overview, market shares, and growth opportunities of Coiled Tubing market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
4 Points
6 Points
1 Inch Tube
Segmentation by Application:
Wash Sand and Wash Wells
Drilling Bridge Plug
Gas Lift
Inject Liquid Nitrogen
Clear Wax
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
D＆L Dloiltools
Sandvik
WB Supply
Hovoy
Schlumberger
Deep Casing Tools
Don Mashburn
Akiet
Centura Oil
Ardyne
Ray Oil Tool
Gryphon Oil Field
Key Questions Addressed in this Report
What is the 10-year outlook for the global Coiled Tubing market?
What factors are driving Coiled Tubing market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Coiled Tubing market opportunities vary by end market size?
How does Coiled Tubing break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Coiled tubing refers to a continuous length of small-diameter steel pipe and related surface equipment as well as associated drilling, completion and workover, or remediation, techniques. Coiled tubing oilfield technology was initially developed for working on live, producing wells.
Coiled tubing technology is frequently used to deploy tools and materials through production tubing or casing while remedial work is performed on producing wells. Coiled tubing fulfills three key requirements for downhole operations on live wells by providing a dynamic seal between the formation pressure and the surface, a continuous conduit for fluid conveyance and a method for running this conduit in and out of a pressurized well.
Coiled tubing strength and rigidity, combined with its capability to circulate treatment fluids, offer distinct advantages in workover operations. In addition to drilling and completion operations, oil and gas companies are using coiled tubing to help fish for lost equipment and for conveying well logging tools.
Global Coiled Tubing Services key players include Schlumberger, Halliburton, Baker Hughes (GE), etc. Global top three manufacturers hold a share about 60%.
North America is the largest market, with a share about 50%, followed by South America, and Europe, both have a share over 20 percent.
In terms of product, Well Intervention is the largest segment, with a share over 65%. And in terms of application, the largest application is Onshore, followed by Offshore.
LP Information, Inc. (LPI) ' newest research report, the “Coiled Tubing Industry Forecast” looks at past sales and reviews total world Coiled Tubing sales in 2024, providing a comprehensive analysis by region and market sector of projected Coiled Tubing sales for 2025 through 2031. With Coiled Tubing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coiled Tubing industry.
This Insight Report provides a comprehensive analysis of the global Coiled Tubing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Coiled Tubing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Coiled Tubing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coiled Tubing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Coiled Tubing.
This report presents a comprehensive overview, market shares, and growth opportunities of Coiled Tubing market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
4 Points
6 Points
1 Inch Tube
Segmentation by Application:
Wash Sand and Wash Wells
Drilling Bridge Plug
Gas Lift
Inject Liquid Nitrogen
Clear Wax
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
D＆L Dloiltools
Sandvik
WB Supply
Hovoy
Schlumberger
Deep Casing Tools
Don Mashburn
Akiet
Centura Oil
Ardyne
Ray Oil Tool
Gryphon Oil Field
Key Questions Addressed in this Report
What is the 10-year outlook for the global Coiled Tubing market?
What factors are driving Coiled Tubing market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Coiled Tubing market opportunities vary by end market size?
How does Coiled Tubing break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
109 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Coiled Tubing by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Coiled Tubing by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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