North America Coiled Tubing Market: Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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North America Coiled Tubing Market By Service (Well Intervention (Well Completion, Well Cleaning)), Drilling, Others),  By Application (Onshore, Offshore) and Country

 

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Report

Description

North America Coiled Tubing Market size was valued at USD 1,674.3 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028. The report provides a detailed overview and that can be segmented by service, and by Application. By service, the market has been segmented into Well Intervention (Well Completion, Well Cleaning), Drilling, Others. The Well Intervention coiled tubing segment is likely to be the largest and fastest-growing segment in terms of service. Based on application, the market is segmented into Onshore, and Offshore. Among these, the onshore segment is expected to have the fastest-growing market during the forecast period 2022-2028.

 

Key Development:

In Aug 2022, A definitive agreement was reached and closed by NexTier Oilfield Solutions Inc. and NexTier Completion Solutions Inc. to acquire nearly all of the assets of Continental Intermodal Group LP and its subsidiaries.

North America Coiled Tubing Market

MARKET SUMMARY
-
x%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– x%

North America Coiled Tubing Market

  • The report on the north america coiled tubing market gives historical, current, and future market sizes (US$ Mn) on the basis of by service, by application and country
  • The north america coiled tubing market report gives a comprehensive outlook across the region with special emphasis on key regions.
Key Players
  • Baker Hughes
  • Weatherford
  • Basic Energy Services
  • Halliburton Co.
  • Superior Energy Services Inc.
North America Coiled Tubing Market Dynamics

The region’s coiled tubing market is being driven by factors including the rising number of mature fields in North America and rising energy demand.


North America Coiled Tubing Market

By country, United States is expected to witness the highest market share during the forecast period due the growing number of producing wells and the rising lateral length of freshly drilled horizontal wells.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
North America Coiled Tubing Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The North America coiled tubing market size is valued at USD 1,674.3 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028

The North American market for coiled tubing services is experiencing growth restraints due to the fluctuating price of crude oil and high maintenance costs.

The major players of the North America coiled tubing market are Baker Hughes Co., Calfrac Well Services Ltd, Halliburton Company, National-Oilwell Varco Inc, and Schlumberger Limited.


Report

Table Of Content

1. Executive Summary
2. North America Coiled Tubing Market Introduction
2.1. North America Coiled Tubing Market – Taxonomy
2.2. North America Coiled Tubing Market –Definitions
2.2.1. Service
2.2.2. Application
3. North America Coiled Tubing Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. North America Coiled Tubing Market Dynamic Factors – Impact Analysis
3.6. North America Coiled Tubing Market – Competition Landscape
4. North America Coiled Tubing Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. North America Coiled Tubing Market Forecast, By Service, 2017 – 2021 and Forecast, 2022 – 2028
5.1. Well Intervention
5.1.1. Well Completion
5.1.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.1.3. Market Opportunity Analysis
5.1.2. Well Cleaning
5.1.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.2.3. Market Opportunity Analysis
5.2. Drilling
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Others
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. North America Coiled Tubing Market Forecast, By Application, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Onshore
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Offshore
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. North America Coiled Tubing Market Forecast, By Country, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
7.1. U.S.
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Canada
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. North America Coiled Tubing Market – Opportunity Analysis Index, By Service, By Application, and Country, 2022 – 2028
8. U.S.  Coiled Tubing Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
8.1. Service Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.1.1. Well Intervention
8.1.1.1. Well Completion
8.1.1.2. Well Cleaning
8.1.2. Drilling
8.1.3. Others
8.2. Application Analysis 2017 – 2021 and Forecast, 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Onshore
8.2.2. Offshore
8.3. U.S. Coiled Tubing Market – Opportunity Analysis Index, By Service, By Application and Country, 2022 – 2028
8.4. U.S. Coiled Tubing Market Dynamics – Trends
9. Canada Coiled Tubing Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
9.1. Service Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.1.1. Well Intervention
9.1.1.1. Well Completion
9.1.1.2. Well Cleaning
9.1.2. Drilling
9.1.3. Others
9.2. Application Analysis 2017 – 2021 and Forecast, 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Onshore
9.2.2. Offshore
9.3. Canada Coiled Tubing Market – Opportunity Analysis Index, By Service, By Application and Country, 2022 – 2028
9.4. Canada Coiled Tubing Market Dynamics – Trends
10. Competition Landscape 
10.1. Strategic Dashboard of Top Market Players
10.2. Company Profiles (Introduction, Financial Analysis, Feedstock Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
10.2.1. Baker Hughes
10.2.2. Weatherford
10.2.3. Basic Energy Services
10.2.4. Halliburton Co.
10.2.5. Superior Energy Services Inc.
10.2.6. Trican Well Service Ltd.
10.2.7. Schlumberger Ltd.
10.2.8. Weatherford International Plc.
10.2.9. Key Energy Services, Inc.
10.2.10. Nabors Industries Ltd.
10.2.11. Sanjel Corporation.
11. Research Methodology
12. Key Assumptions and Acronyms

Report

Company Profile

  • Baker Hughes
  • Weatherford
  • Basic Energy Services
  • Halliburton Co.
  • Superior Energy Services Inc.
  • Trican Well Service Ltd.
  • Schlumberger Ltd.
  • Weatherford International Plc.
  • Key Energy Services, Inc.
  • Nabors Industries Ltd.
  • Sanjel Corporation.

Description

North America Coiled Tubing Market size was valued at USD 1,674.3 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028. The report provides a detailed overview and that can be segmented by service, and by Application. By service, the market has been segmented into Well Intervention (Well Completion, Well Cleaning), Drilling, Others. The Well Intervention coiled tubing segment is likely to be the largest and fastest-growing segment in terms of service. Based on application, the market is segmented into Onshore, and Offshore. Among these, the onshore segment is expected to have the fastest-growing market during the forecast period 2022-2028.

 

Key Development:

In Aug 2022, A definitive agreement was reached and closed by NexTier Oilfield Solutions Inc. and NexTier Completion Solutions Inc. to acquire nearly all of the assets of Continental Intermodal Group LP and its subsidiaries.

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