Table of Content

1 INTRODUCTION 36
1.1 OBJECTIVES OF THE STUDY 36
1.2 DEFINITION 36
1.2.1 COILED TUBING MARKET, BY SERVICE: INCLUSIONS VS. EXCLUSIONS 37
1.3 MARKET SCOPE 37
1.3.1 MARKET SEGMENTATION 37
1.3.2 REGIONS COVERED 38
1.3.3 YEARS CONSIDERED FOR THE STUDY 38
1.4 CURRENCY 39
1.5 LIMITATION 39
1.6 STAKEHOLDERS 39

2 RESEARCH METHODOLOGY 40
2.1 RESEARCH DATA 40
FIGURE 1 COILED TUBING MARKET: RESEARCH DESIGN 40
2.1.1 SECONDARY DATA 41
2.1.1.1 Key data from secondary sources 41
2.1.2 PRIMARY DATA 41
2.1.2.1 Key data from primary sources 42
2.1.2.2 Breakdown of primaries 42
TABLE 1 COILED TUBING MARKET: PLAYERS/COMPANIES CONNECTED 43
2.2 SCOPE 43
2.3 KEY INFLUENCING FACTORS/DRIVERS 44
2.3.1 WELL COUNT 44
FIGURE 2 NEWLY DRILLED WELLS, 2018 44
2.3.2 COILED TUBING UNIT COUNT 44
FIGURE 3 CRUDE OIL PRICE AND OPERATIONAL WELL COUNT VS. COILED TUBING UNIT COUNT (2014–2018) 45
2.3.3 PRODUCTION TRENDS 45
FIGURE 4 OPERATIONAL WELL COUNT VS. CRUDE OIL PRODUCTION (2013–2019) 45
2.3.4 CRUDE OIL PRICES 46
FIGURE 5 CRUDE OIL PRICE TREND 46
2.3.5 IMPACT OF COVID-19 47
2.4 MARKET SIZE ESTIMATION 47
2.4.1 IDEAL DEMAND-SIDE ANALYSIS 47
TABLE 2 COILED TUBING MARKET: IDEAL DEMAND-SIDE APPROACH 47
2.4.1.1 Assumptions 48
2.4.1.2 Calculation 48
FIGURE 6 COILED TUBING MARKET: IDEAL DEMAND-SIDE CALCULATION 48
2.4.2 SUPPLY-SIDE ANALYSIS 49
2.4.2.1 Assumptions 49
2.4.2.2 Calculation 49
FIGURE 7 RESEARCH METHODOLOGY: ILLUSTRATION OF COILED TUBING COMPANY REVENUE ESTIMATION (2019) 49
FIGURE 8 RANKING OF KEY PLAYERS & INDUSTRY CONCENTRATION, 2019 50
2.4.3 FORECAST 50
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION 51
FIGURE 9 DATA TRIANGULATION METHODOLOGY 51
2.6 PRIMARY INSIGHTS 52
FIGURE 10 KEY SERVICE PROVIDERS’ POINT OF VIEW 52

3 EXECUTIVE SUMMARY 53
3.1 PRE- AND POST-COVID-19 SCENARIO ANALYSIS 54
FIGURE 11 PRE- AND POST-COVID-19 SCENARIO ANALYSIS 54
TABLE 3 COILED TUBING MARKET SNAPSHOT 55
FIGURE 12 NORTH AMERICA DOMINATED THE COILED TUBING MARKET IN 2019 55
FIGURE 13 NORTH AMERICA DOMINATED THE COILED TUBING MARKET, BY FLEET, 2016–2019 56
FIGURE 14 WELL INTERVENTION SEGMENT IS EXPECTED TO LEAD THE COILED TUBING MARKET, BY SERVICE, 2020–2025 56
FIGURE 15 ONSHORE SEGMENT IS EXPECTED TO DOMINATE THE COILED TUBING MARKET, BY APPLICATION, DURING THE FORECAST PERIOD 57

4 PREMIUM INSIGHTS 58
4.1 ATTRACTIVE OPPORTUNITIES IN THE COILED TUBING MARKET 58
FIGURE 16 MATURING OILFIELDS TO DRIVE THE DEMAND FOR WELL INTERVENTION ACTIVITIES AND BOOST THE COILED TUBING MARKET GROWTH, 2020–2025 58
4.2 COILED TUBING MARKET, BY SERVICE 58
FIGURE 17 WELL INTERVENTION SEGMENT IS EXPECTED TO DOMINATE THE COILED TUBING MARKET, BY SERVICE, 2020?2025 58
4.3 COILED TUBING MARKET, BY APPLICATION 59
FIGURE 18 ONSHORE SEGMENT DOMINATED THE COILED TUBING MARKET,
BY APPLICATION IN 2019 59
4.4 COILED TUBING MARKET, BY REGION 59
FIGURE 19 COILED TUBING MARKET IN THE MIDDLE EAST IS EXPECTED TO REGISTER HIGHEST CAGR FROM 2020 TO 2025 59
4.5 NORTH AMERICAN COILED TUBING MARKET, BY APPLICATION & COUNTRY 60
FIGURE 20 ONSHORE SEGMENT AND THE US DOMINATED THE NORTH AMERICAN COILED TUBING MARKET IN 2019 60
_

5 MARKET OVERVIEW 61
5.1 INTRODUCTION 61
5.2 COVID-19 HEALTH ASSESSMENT 61
FIGURE 21 COVID-19 GLOBAL PROPAGATION 62
FIGURE 22 COVID-19 PROPAGATION IN SELECT COUNTRIES 62
5.3 ROAD TO RECOVERY 63
FIGURE 23 RECOVERY ROAD FOR 2020 63
5.4 COVID-19 ECONOMIC ASSESSMENT 64
FIGURE 24 REVISED GDP FORECAST FOR SELECT G20 COUNTRIES IN 2020 64
5.5 MARKET DYNAMICS 65
FIGURE 25 COILED TUBING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 65
5.5.1 DRIVERS 65
5.5.1.1 Growing demand for well intervention operations is driving the coiled tubing market 65
FIGURE 26 WELL INTERVENTION SERVICES VS. COILED TUBING/WIRELINE DEPLOYMENT FOR PERFORMING THE OPERATIONS 66
FIGURE 27 GLOBAL OIL & GAS UPSTREAM CAPITAL SPENDING (2014–2019) 66
5.5.1.2 Redevelopment of mature oilfields demands coiled tubing units for production enhancement 67
FIGURE 28 PEAK LOSS OF OIL FROM MATURE CONVENTIONAL OILFIELDS (2010–2017) 67
5.5.1.3 Advancements in shale oil extraction require more coiled tubing operations 68
TABLE 4 TOP COUNTRIES WITH SIGNIFICANT TECHNICALLY RECOVERABLE SHALE RESOURCES 68
5.5.1.4 Rising primary energy consumption from Asia Pacific will boost the coiled tubing market in the region 69
FIGURE 29 WORLD OIL DEMAND GROWTH (2018–2024) 69
5.5.2 RESTRAINTS 70
5.5.2.1 Risks associated with coiled tubing operations and regulations associated with operational safety are restraining the market growth 70
5.5.2.2 Wireline operations, which are a cheaper substitute of coiled tubing operations, hinder the growth of the coiled tubing market 70
5.5.3 OPPORTUNITIES 71
5.5.3.1 Increasing exploration & production activities from new discoveries offer lucrative opportunities for the coiled tubing market 71
FIGURE 30 TRENDS OF EXPLORATIONS & PRODUCTION CAPEX WITH RESPECT TO CRUDE OIL PRICES (2010–2018) 71
5.5.3.2 Evolution of intelligent coiled tubing technologies 72
5.5.4 CHALLENGES 72
5.5.4.1 Challenging coiled tubing operations in offshore well interventions & drilling pose challenges for the coiled tubing market 72
5.5.4.2 Impact of COVID-19 on oil and gas production activities 73
5.6 ADJACENT AND INTERCONNECTED MARKETS 73
TABLE 5 ADJACENT AND INTERCONNECTED MARKETS (USD BILLION) 73

6 COILED TUBING MARKET, BY SERVICE 74
6.1 INTRODUCTION 75
FIGURE 31 WELL INTERVENTION SEGMENT IS EXPECTED TO DOMINATE THE COILED TUBING MARKET, BY SERVICE, 2020–2025 75
TABLE 6 COILED TUBING MARKET SIZE, BY SERVICE, 2016–2019 (USD MILLION) 75
TABLE 7 PRE-COVID-19: COILED TUBING MARKET SIZE, BY SERVICE,
2020–2025 (USD MILLION) 76
TABLE 8 POST-COVID-19: COILED TUBING MARKET SIZE, BY SERVICE,
2020–2025 (USD MILLION) 76
6.2 WELL INTERVENTION 76
FIGURE 32 WELL COMPLETIONS & MECHANICAL OPERATIONS SUB-SEGMENT DOMINATED WELL INTERVENTION MARKET IN 2019 77
TABLE 9 WELL INTERVENTION: COILED TUBING MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 77
TABLE 10 POST-COVID-19: WELL INTERVENTION: COILED TUBING MARKET SIZE,
BY REGION, 2020–2025 (USD MILLION) 78
TABLE 11 WELL INTERVENTION: COILED TUBING MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 78
TABLE 12 POST-COVID-19: WELL INTERVENTION: COILED TUBING MARKET SIZE,
BY TYPE, 2020–2025 (USD MILLION) 78
6.2.1 WELL COMPLETIONS & MECHANICAL OPERATIONS 79
6.2.1.1 Increasing concerns for improving well accessibility and enhancing production are expected to drive the well completions & mechanical operations market 79
TABLE 13 WELL COMPLETIONS & MECHANICAL OPERATIONS: COILED TUBING MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 79
TABLE 14 POST-COVID-19: WELL COMPLETIONS & MECHANICAL OPERATIONS: COILED TUBING MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 80
6.2.2 WELL CLEANING & PUMPING OPERATIONS 80
6.2.2.1 Optimization of mature oil & gas reservoirs drives the demand for well cleaning & pumping operations 80
TABLE 15 WELL CLEANING & PUMPING OPERATIONS: COILED TUBING MARKET SIZE,
BY REGION, 2016–2019 (USD MILLION) 81
TABLE 16 POST-COVID-19: WELL CLEANING & PUMPING OPERATIONS: COILED TUBING MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 81
6.3 DRILLING 82
6.3.1 MULTILATERAL WELL DRILLING IS DRIVING THE COILED TUBING DRILLING MARKET 82
TABLE 17 DRILLING: COILED TUBING MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 82
TABLE 18 POST-COVID-19: DRILLING: COILED TUBING MARKET SIZE, BY REGION, 2020–2025 (USD MILLION) 83
6.4 OTHERS 83
TABLE 19 OTHERS: COILED TUBING MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 84
TABLE 20 POST-COVID-19: OTHERS: COILED TUBING MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 84
7 COILED TUBING MARKET, BY APPLICATION 85
7.1 INTRODUCTION 86
FIGURE 33 ONSHORE SEGMENT IS EXPECTED TO LEAD COILED TUBING MARKET,
BY APPLICATION, FROM 2020 TO 2025 86
TABLE 21 COILED TUBING MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION) 87
TABLE 22 PRE-COVID-19: COILED TUBING MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 87
TABLE 23 POST-COVID-19: COILED TUBING MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 87
7.2 ONSHORE 88
7.2.1 ONSHORE SHALE DEVELOPMENT IN NORTH AMERICA AND HIGHER NUMBER OF MATURE ONSHORE OILFIELDS IN THE MIDDLE EAST ARE LIKELY TO PROVIDE OPPORTUNITIES FOR COILED TUBING SERVICE PROVIDERS 88
TABLE 24 ONSHORE: COILED TUBING MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 88
TABLE 25 POST-COVID-19: ONSHORE: COILED TUBING MARKET SIZE, BY REGION,
BY REGION, 2020–2025 (USD MILLION) 89
7.3 OFFSHORE 89
7.3.1 GREATER LOGISTICAL AND OPERATIONAL CHALLENGES ARE AFFECTING THE GROWTH OF COILED TUBING OPERATIONS IN OFFSHORE REGIONS 89
TABLE 26 OFFSHORE: COILED TUBING MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 90
TABLE 27 POST-COVID-19: OFFSHORE: COILED TUBING MARKET SIZE, BY REGION,
BY REGION, 2020–2025 (USD MILLION) 90

8 COILED TUBING MARKET, BY FLEET 91
8.1 INTRODUCTION 92
FIGURE 34 COILED TUBING FLEET, BY REGION, MARKET SHARE (VOLUME) 2019 92
TABLE 28 COILED TUBING MARKET, BY FLEET, 2016–2019 (UNITS) 92
8.2 BY REGION 93
8.2.1 NORTH AMERICA 93
8.2.1.1 Demand for coiled tubing operations from shale development in North America is the major reason for the higher number of active fleets in the region 93
8.2.2 EUROPE 93
8.2.2.1 Europe witnessed the highest utilization rate for coiled tubing fleets as offshore operations are high in the region 93
8.2.3 ASIA PACIFIC 93
8.2.3.1 Asia Pacific is expected to increase the highest number of fleet in the next 5 years as production activities in the region are rising 93
8.2.4 SOUTH & CENTRAL AMERICA 94
8.2.4.1 High demand for well intervention services from Brazil and Mexico were the major demand generators for coiled tubing units in South
& Central America 94
8.2.5 MIDDLE EAST 94
8.2.5.1 Redevelopment of the mature fields in the Middle East creates an enormous demand for coiled tubing services in the region 94
8.2.6 AFRICA 94
8.2.6.1 Africa is still in the nascent phase for the coiled tubing market;
thus, the fleet count is lower in the region 94
TABLE 29 FLEET: COILED TUBING MARKET, BY REGION, 2016–2019 (UNITS) 95
TABLE 30 UTILIZATION RATE: COILED TUBING MARKET, BY REGION, 2016–2019 (%) 95
TABLE 31 ACTIVE FLEET: COILED TUBING MARKET, BY REGION, 2016–2019 (UNITS) 96
8.3 BY OPERATOR 96
8.3.1 INTRODUCTION 96
TABLE 32 FLEET: COILED TUBING MARKET, BY OPERATOR, 2016–2019 (UNITS) 96
TABLE 33 UTILIZATION RATE: COILED TUBING MARKET, BY OPERATOR, 2016–2019 (%) 97
TABLE 34 ACTIVE FLEET: COILED TUBING MARKET, BY OPERATOR, 2016–2019 (UNITS) 97
8.3.2 NEXTIER OILFIELD SOLUTIONS 98
TABLE 35 NEXTIER OILFIELD SOLUTIONS: COILED TUBING MARKET, BY FLEET,
2016–2019 (UNITS) 98
8.3.3 STEP ENERGY SERVICES 98
TABLE 36 STEP ENERGY SERVICES: COILED TUBING MARKET, BY FLEET,
2016–2019 (UNITS) 98
8.3.4 KEY ENERGY SERVICES 98
TABLE 37 KEY ENERGY SERVICES: COILED TUBING MARKET, BY FLEET,
2016–2019 (UNITS) 98
8.3.5 PIONEER ENERGY SERVICES 99
TABLE 38 PIONEER ENERGY SERVICES: COILED TUBING MARKET, BY FLEET,
2016–2019 (UNITS) 99
8.3.6 BASIC ENERGY SERVICES 99
TABLE 39 BASIC ENERGY SERVICES: COILED TUBING MARKET, BY FLEET,
2016–2019 (UNITS) 99
8.3.7 CALFRAC WELL SERVICES 99
TABLE 40 CALFRAC WELL SERVICES: COILED TUBING MARKET, BY FLEET,
2016–2019 (UNITS) 99

9 COILED TUBING MARKET, BY REGION 100
9.1 INTRODUCTION 101
FIGURE 35 SAUDI ARABIA COILED TUBING MARKET IS EXPECTED TO REGISTER HIGHEST CAGR FROM 2020 TO 2025 101
FIGURE 36 NORTH AMERICA IS EXPECTED TO DOMINATE COILED TUBING MARKET,
BY REGION, 2020–2025 102
TABLE 41 COILED TUBING MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 102
TABLE 42 PRE-COVID-19: COILED TUBING MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 102
TABLE 43 POST-COVID-19: COILED TUBING MARKET SIZE, BY REGION,
2020–2025 (USD MILLION) 103
9.2 NORTH AMERICA 104
FIGURE 37 REGIONAL SNAPSHOT: NORTH AMERICAN COILED TUBING MARKET, 2019 104
9.2.1 BY SERVICE 105
TABLE 44 NORTH AMERICA: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 105
TABLE 45 POST-COVID-19: NORTH AMERICA: COILED TUBING MARKET SIZE,
BY SERVICE, 2020–2025 (USD MILLION) 105
TABLE 46 WELL INTERVENTION: NORTH AMERICA COILED TUBING MARKET SIZE,
BY TYPE, 2016–2019 (USD MILLION) 105
TABLE 47 POST-COVID-19: WELL INTERVENTION: NORTH AMERICA COILED TUBING MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 106
9.2.2 BY APPLICATION 106
TABLE 48 NORTH AMERICA: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 106
TABLE 49 POST-COVID-19: NORTH AMERICA: COILED TUBING MARKET SIZE,
BY APPLICATION, 2020–2025 (USD MILLION) 106
9.2.3 BY FLEET 107
TABLE 50 NORTH AMERICA: COILED TUBING MARKET, BY FLEET, 2016–2019 (UNITS) 107
9.2.4 BY COUNTRY 107
TABLE 51 NORTH AMERICA: COILED TUBING MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 107
TABLE 52 POST-COVID-19: NORTH AMERICA: COILED TUBING MARKET SIZE,
BY COUNTRY, 2020–2025 (USD MILLION) 107
FIGURE 38 US DOMINATED THE NORTH AMERICAN COILED TUBING MARKET IN 2019 108
9.2.5 US 108
9.2.5.1 Rising demand for well intervention operations for shale development and redevelopment of mature oil basins is driving the US coiled tubing market 108
TABLE 53 US: COILED TUBING MARKET SIZE, BY SERVICE, 2016–2019 (USD MILLION) 109
TABLE 54 POST-COVID-19: US: COILED TUBING MARKET SIZE, BY SERVICE,
2020–2025 (USD MILLION) 109
TABLE 55 US: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 109
TABLE 56 POST-COVID-19: US: COILED TUBING MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 110
9.2.6 CANADA 110
9.2.6.1 Rising focus on the increasing production from the oil sands is likely to drive the coiled tubing market in Canada 110
TABLE 57 CANADA: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 111
TABLE 58 POST-COVID-19: CANADA: COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 111
TABLE 59 CANADA: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 111
TABLE 60 POST-COVID-19: CANADA: COILED TUBING MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 112
9.3 EUROPE 112
FIGURE 39 REGIONAL SNAPSHOT: EUROPEAN COILED TUBING MARKET, 2019 113
9.3.1 BY SERVICE 113
TABLE 61 EUROPE: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 113
TABLE 62 POST-COVID-19: EUROPE: COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 114
TABLE 63 WELL INTERVENTION: EUROPE COILED TUBING MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 114
TABLE 64 POST-COVID-19: WELL INTERVENTION: EUROPE COILED TUBING MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 114
9.3.2 BY APPLICATION 115
TABLE 65 EUROPE: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 115
TABLE 66 POST-COVID-19: EUROPE: COILED TUBING MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 115
9.3.3 BY FLEET 115
TABLE 67 EUROPE: COILED TUBING MARKET, BY FLEET, 2016–2019 (UNITS) 115
9.3.4 BY COUNTRY 116
TABLE 68 EUROPE: COILED TUBING MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 116
TABLE 69 POST-COVID-19: EUROPE: COILED TUBING MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION) 116
9.3.4.1 Russia 117
9.3.4.1.1 Rising exploration & production activities in the East Siberia and Caspian region are likely to drive the Russian coiled tubing market 117
TABLE 70 RUSSIA: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 117
TABLE 71 POST-COVID-19: RUSSIA: COILED TUBING MARKET SIZE, BY SERVICE,
2020–2025 (USD MILLION) 118
TABLE 72 RUSSIA: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 118
TABLE 73 POST-COVID-19: RUSSIA: COILED TUBING MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 118
9.3.4.2 UK 119
9.3.4.2.1 Rising demand for well intervention operations in the UK is likely to drive the coiled tubing market 119
TABLE 74 UK: COILED TUBING MARKET SIZE, BY SERVICE, 2016–2019 (USD MILLION) 119
TABLE 75 POST-COVID-19: UK: COILED TUBING MARKET SIZE, BY SERVICE,
2020–2025 (USD MILLION) 120
TABLE 76 UK: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 120
TABLE 77 POST-COVID-19: UK: COILED TUBING MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION) 120
9.3.4.3 Norway 121
9.3.4.3.1 High maturity rates of oil & gas fields in Norwegian Continental Shelf (NCS) are boosting the demand for
coiled tubing operations in Norway 121
TABLE 78 NORWAY: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 121
TABLE 79 POST-COVID-19: NORWAY: COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 122
TABLE 80 NORWAY: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 122
TABLE 81 POST-COVID-19: NORWAY: COILED TUBING MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 122
9.3.4.4 Rest of Europe 123
TABLE 82 REST OF EUROPE: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 123
TABLE 83 POST-COVID-19: REST OF EUROPE: COILED TUBING MARKET SIZE,
BY SERVICE, 2020–2025 (USD MILLION) 123
TABLE 84 REST OF EUROPE: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 124
TABLE 85 POST-COVID-19: REST OF EUROPE: COILED TUBING MARKET SIZE,
BY APPLICATION, 2020–2025 (USD MILLION) 124
9.4 SOUTH & CENTRAL AMERICA 124
9.4.1 BY SERVICE 125
TABLE 86 SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE, BY SERVICE, 2016–2019 (USD MILLION) 125
TABLE 87 POST-COVID-19: SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 125
TABLE 88 WELL INTERVENTION: SOUTH & CENTRAL AMERICA COILED TUBING MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 125
TABLE 89 POST-COVID-19: WELL INTERVENTION: SOUTH & CENTRAL AMERICA COILED TUBING MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 126
9.4.2 BY APPLICATION 126
TABLE 90 SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE,
BY APPLICATION, 2016–2019 (USD MILLION) 126
TABLE 91 POST-COVID-19: SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 126
9.4.3 BY FLEET 127
TABLE 92 SOUTH & CENTRAL AMERICA: COILED TUBING MARKET, BY FLEET,
2016–2019 (UNITS) 127
9.4.4 BY COUNTRY 127
TABLE 93 SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION) 127
TABLE 94 POST-COVID-19: SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION) 127
9.4.4.1 Mexico 128
9.4.4.1.1 Investments for expediting oil & gas production from existing reserves are driving the Mexican coiled tubing market 128
TABLE 95 MEXICO: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 128
TABLE 96 POST-COVID-19: MEXICO: COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 129
TABLE 97 MEXICO: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 129
_
TABLE 98 POST-COVID-19: MEXICO: COILED TUBING MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 129
9.4.4.2 Brazil 130
9.4.4.2.1 Recent developments in offshore Brazilian oil & gas fields are driving the coiled tubing market 130
TABLE 99 BRAZIL: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 130
TABLE 100 POST-COVID-19: BRAZIL: COILED TUBING MARKET SIZE, BY SERVICE,
2020–2025 (USD MILLION) 131
TABLE 101 BRAZIL: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 131
TABLE 102 POST-COVID-19: BRAZIL: COILED TUBING MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 131
9.4.4.3 Venezuela 132
9.4.4.3.1 Reviving oil & gas activities in Venezuela is likely to bring opportunities for the coiled tubing market 132
TABLE 103 VENEZUELA: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 132
TABLE 104 POST-COVID-19: VENEZUELA: COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 133
TABLE 105 VENEZUELA: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 133
TABLE 106 POST-COVID-19: VENEZUELA: COILED TUBING MARKET SIZE,
BY APPLICATION, 2020–2025 (USD MILLION) 133
9.4.4.4 Argentina 134
9.4.4.4.1 Development of shale reserves is expected to drive the well intervention market, thereby driving the coiled tubing market in Argentina 134
TABLE 107 ARGENTINA: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 134
TABLE 108 POST-COVID-19: ARGENTINA: COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 134
TABLE 109 ARGENTINA: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 135
TABLE 110 POST-COVID-19: ARGENTINA: COILED TUBING MARKET SIZE,
BY APPLICATION, 2020–2025 (USD MILLION) 135
9.4.4.5 Rest of South & Central America 135
TABLE 111 REST OF SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE,
BY SERVICE, 2016–2019 (USD MILLION) 136
TABLE 112 POST-COVID-19: REST OF SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 136
TABLE 113 REST OF SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE,
BY APPLICATION, 2016–2019 (USD MILLION) 136
TABLE 114 POST-COVID-19: REST OF SOUTH & CENTRAL AMERICA: COILED TUBING MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 137
_
9.5 ASIA PACIFIC 137
9.5.1 BY SERVICE 138
TABLE 115 ASIA PACIFIC: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 138
TABLE 116 POST-COVID-19: ASIA PACIFIC: COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 138
TABLE 117 WELL INTERVENTION: ASIA PACIFIC COILED TUBING MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 138
TABLE 118 POST-COVID-19: WELL INTERVENTION: ASIA PACIFIC COILED TUBING MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION) 139
9.5.2 BY APPLICATION 139
TABLE 119 ASIA PACIFIC: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 139
TABLE 120 POST-COVID-19: ASIA PACIFIC: COILED TUBING MARKET SIZE,
BY APPLICATION, 2020–2025 (USD MILLION) 139
9.5.3 BY FLEET 140
TABLE 121 ASIA PACIFIC: COILED TUBING MARKET, BY FLEET, 2016–2019 (UNITS) 140
9.5.4 BY COUNTRY 140
TABLE 122 ASIA PACIFIC: COILED TUBING MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 140
TABLE 123 POST-COVID-19: ASIA PACIFIC: COILED TUBING MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION) 141
9.5.4.1 China 141
9.5.4.1.1 Deepwater drilling activities and shale exploration & production are likely to drive the Chinese coiled tubing market 141
TABLE 124 CHINA: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 142
TABLE 125 POST-COVID-19: CHINA: COILED TUBING MARKET SIZE, BY SERVICE,
2020–2025 (USD MILLION) 142
TABLE 126 CHINA: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 142
TABLE 127 POST-COVID-19: CHINA: COILED TUBING MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 143
9.5.4.2 India 143
9.5.4.2.1 Revamping of mature oilfields is expected to drive the coiled tubing market in India during the forecast period 143
TABLE 128 INDIA: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 143
TABLE 129 POST-COVID-19: INDIA: COILED TUBING MARKET SIZE, BY SERVICE,
2020–2025 (USD MILLION) 144
TABLE 130 INDIA: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 144
TABLE 131 POST-COVID-19: INDIA: COILED TUBING MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION) 144
9.5.4.3 Australia 145
9.5.4.3.1 Development of the untapped shale reserves in Australia is driving the Australian coiled tubing market 145
TABLE 132 AUSTRALIA: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 145
TABLE 133 POST-COVID-19: AUSTRALIA :COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 146
TABLE 134 AUSTRALIA: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 146
TABLE 135 POST-COVID-19: AUSTRALIA: COILED TUBING MARKET SIZE,
BY APPLICATION, 2020–2025 (USD MILLION) 146
9.5.4.4 Indonesia 147
9.5.4.4.1 Rising demand for well intervention operations to revive
the production is boosting the demand for coiled tubing operations in Indonesia 147
TABLE 136 INDONESIA: COILED TUBING MARKET SIZE, BY SERVICE,
2016–2019 (USD MILLION) 147
TABLE 137 POST-COVID-19: INDONESIA: COILED TUBING MARKET SIZE, BY SERVICE, 2020–2025 (USD MILLION) 147
TABLE 138 INDONESIA: COILED TUBING MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 148
TABLE 139 POST-COVID-19: INDONESIA: COILED TUBING MARKET SIZE,
BY APPLICATION, 2020–2025 (USD MILLION) 148