Asia Pacific Coiled Tubing Market 2016: Industry Growth, Research, Future Outlook to 2022
Latest industry research report on Coiled tubes are made up of very low-alloy carbon-steel and is needed in oil & gas industry during the phase of completion and oil recovery. With a large number of oil fields maturing, global production of oil volumes has decreased, companies in the exploration process need high-performing products. With growing investments in the energy sector, coiled tubing has large application in project related to shale gas development.
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