Coiled Tubing Market Worth $4.0 Billion by 2025 - Exclusive Report by Markets... - 0 views
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Almira Coyne on 15 Jul 20the Coiled Tubing Market size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. The rising number of mature fields in Europe and the Middle East, along with rising primary energy demand from Asia Pacific are the driving factors for the coiled tubing industry, globally. Coiled tubing units are required while intervention and drilling operations during either of the phases, well drilling, completion, and production.