Know Why Coiled Tubing in Oil & Gas Market Getting Hugh Momentum Worldwide with Top Key Players like Baker Hughes Inc., Halliburton Co., Nabors Industries Ltd (Bermuda), Schlumberger, Weatherford International Inc.

Pune, India -- (SBWire) -- 01/23/2019 --The extensive exploration of shale gas and drilling activities across the globe is the key factor driving the market growth along with increasing demand for energy, increased exploration, production, and completion activities and increasing exploration and production (E&P) spending in the coiled tubing market. The coiled tubing (CT) and the coiled tubing drilling (CTD) technology have been widely used in the development of unconventional gas reservoirs such as shale gas, coal bed methane and tight gas.

The report further highlights the development trends in the global market. Factors that are driving the market growth and fueling its segments are also analyzed in the report. The report also highlights on its applications, types, deployments, components, developments of this market.

Market participants include Baker Hughes Inc., Halliburton Co., Nabors Industries Ltd (Bermuda), Schlumberger, Weatherford International Inc., C & J Energy Services, Inc., Calfrac Well Services Ltd, Archer Limited, Key Energy Services Inc., RPC Inc., Trican Well Service Ltd, amongst others.

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The author of the report analyzed that the global coiled tubing in oil & gas market accounted for US$ 3465.5 Mn in 2017. Rising demand for the oil and gas in transportation, power production, and other application activities, had led to the growth in the consumption of primary energy sources.

Covered in this report
Key questions answered in this report
- What will the market size be in 2026 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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TOC-
Global Coiled Tubing in Oil & Gas Market.
Chapter 1 Global Coiled Tubing in Oil & Gas Market Overview.
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export
Chapter 6 Production, Revenue (Value), Price Trend by Type
Continue for TOC……….

Technological advances and operational efficiencies have driven cost reductions, thus stimulating the exploitation of unconventional resources. The shale gas boom in the U.S. witnessed the rise of unconventionally produced natural gas supplies. Furthermore, huge discoveries of oil sands in Canada have revealed infinite opportunities for oil exploration. Therefore, a rise in exploration and production (E&P) activity in countries such as China, Indonesia, Mexico, Brazil, and India are likely to bring in high investments during the forecast period 2019-2026.

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