PUBLISHER: Grand View Research | PRODUCT CODE: 1869888
PUBLISHER: Grand View Research | PRODUCT CODE: 1869888
Middle East Coiled Tubing Market Size, Share & Trends Analysis Report By Services, By Operations (Circulation, Pumping, Logging, Perforation), By Application (Onshore, Offshore), By Country, And Segment Forecasts, 2025 - 2033
Middle East Coiled Tubing Market Summery
The Middle East coiled tubing market size was estimated at USD 203.3 million in 2024 and is projected to reach USD 279.7 million by 2033, at a CAGR of 3.3% from 2025 to 2033. Coiled tubing has emerged as a preferred method for workover and maintenance activities because it reduces downtime and improves production efficiency.
The Middle East is witnessing a surge in upstream investments as governments and national oil companies increase spending to enhance exploration and production capacity. These investments are aligned with regional energy strategies prioritizing higher oil and gas output, creating a strong demand for well intervention services.
A major driver for this market is the growing number of mature oilfields in countries such as Saudi Arabia, the UAE, and Kuwait. As reservoirs age, operators focus more on production optimization and extending the lifecycle of wells. Coiled tubing is widely adopted for operations like scale removal, acidizing, and re-perforation, making it an essential tool in maintaining steady output from these mature fields.
Enhanced oil recovery (EOR) projects and redeveloping marginal fields also fuel the demand for coiled tubing. Many operators are adopting EOR methods to maximize recovery from existing assets, which requires frequent well interventions. Coiled tubing provides flexibility and cost-effectiveness in executing these activities, making it an indispensable technology in the drive to increase recovery rates across the region.
Technological advancements in coiled tubing equipment are expanding the range of applications. The introduction of high-strength materials, fiber-optic monitoring, and advanced downhole tools has improved the efficiency and reliability of coiled tubing operations. These innovations reduce operational risk and cost, enabling service providers to deliver more complex interventions that meet the evolving needs of Middle Eastern oil and gas operators.
Finally, broader macroeconomic factors are supporting the growth of this market. Rising oil prices, government initiatives to diversify economies while maintaining strong hydrocarbon output, and a robust pipeline of upstream projects are ensuring continued demand for intervention services. Due to its versatility and cost advantages, coiled tubing is positioned to benefit significantly from these favorable conditions, making it a central component of the region's oilfield services sector.
Middle East Coiled Tubing Market Report Segmentation
This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For the purpose of this study, Grand View Research has segmented the Middle East coiled tubing market report on the basis of services, operations, application, and country.
- Services Outlook (Revenue, USD Million; Volume, Units; 2021 - 2033)
- Well Intervention & Production
- Well Completion
- Well Cleaning
- Others
- Drilling
- Others
- Operations Outlook (Revenue, USD Million; Volume, Units; 2021 - 2033)
- Circulation
- PumpingLogging
- Perforation
- Others
- Application Outlook (Revenue, USD Million; Volume, Units; 2021 - 2033)
- Onshore
- Offshore
- Country Outlook (Revenue, USD Million; Volume, Units; 2021 - 2033)
- Saudi Arabia
- UAE
- Qatar
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Data Analysis Models
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Outlook
- 3.1.1. Global Coiled Tubing Market
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.6. Industry Trends
- 3.6.1. ESG Analysis
- 3.6.2. Trade Outlook
- 3.6.3. Economic Trends
- 3.7. Porter's Five Forces Analysis
- 3.7.1. Bargaining Power of Suppliers
- 3.7.2. Bargaining Power of Buyers
- 3.7.3. Threat of Substitution
- 3.7.4. Threat of New Entrants
- 3.7.5. Competitive Rivalry
- 3.8. PESTLE Analysis
- 3.8.1. Political
- 3.8.2. Economic
- 3.8.3. Social Landscape
- 3.8.4. Technology
- 3.8.5. Environmental
- 3.8.6. Legal
Chapter 4. Middle East Coiled Tubing Market: Services Estimates & Trend Analysis
- 4.1. Middle East Coiled Tubing Market: Services Movement Analysis, 2024 & 2033
- 4.2. Well Intervention & Production
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
- 4.2.2. Market estimates and forecasts, by well completion, 2021 - 2033 (USD Million) (Units)
- 4.2.3. Market estimates and forecasts, by well cleaning, 2021 - 2033 (USD Million) (Units)
- 4.2.4. Market estimates and forecasts, by others, 2021 - 2033 (USD Million) (Units)
- 4.3. Drilling
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
Chapter 5. Middle East Coiled Tubing Market: Operations Estimates & Trend Analysis
- 5.1. Middle East Coiled Tubing Market: Operations Movement Analysis, 2024 & 2033
- 5.2. Circulation
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
- 5.3. Pumping
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
- 5.4. Logging
- 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
- 5.5. Perforation
- 5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
- 5.6. Others
- 5.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
Chapter 6. Middle East Coiled Tubing Market: Application Estimates & Trend Analysis
- 6.1. Middle East Coiled Tubing Market: Application Movement Analysis, 2024 & 2033
- 6.2. Onshore
- 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
- 6.3. Offshore
- 6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
Chapter 7. Middle East Coiled Tubing Market: Country Estimates & Trend Analysis
- 7.1. Regional Analysis, 2024 & 2033
- 7.2. Middle East
- 7.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
- 7.2.2. Market estimates and forecasts, by operations, 2021 - 2033 (USD Million) (Units)
- 7.2.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Units)
- 7.2.4. Market estimates and forecasts, by services, 2021 - 2033 (USD Million) (Units)
- 7.2.5. Saudi Arabia
- 7.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
- 7.2.5.2. Market estimates and forecasts, by operations, 2021 - 2033 (USD Million) (Units)
- 7.2.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Units)
- 7.2.5.4. Market estimates and forecasts, by services, 2021 - 2033 (USD Million) (Units)
- 7.2.6. UAE
- 7.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
- 7.2.6.2. Market estimates and forecasts, by operations, 2021 - 2033 (USD Million) (Units)
- 7.2.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Units)
- 7.2.6.4. Market estimates and forecasts, by services, 2021 - 2033 (USD Million) (Units)
- 7.2.7. Qatar
- 7.2.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Units)
- 7.2.7.2. Market estimates and forecasts, by operations, 2021 - 2033 (USD Million) (Units)
- 7.2.7.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Units)
- 7.2.7.4. Market estimates and forecasts, by services, 2021 - 2033 (USD Million) (Units)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Heat Map Analysis
- 8.4. Vendor Landscape
- 8.4.1. List of distributors
- 8.5. List of prospective end-users
- 8.6. Strategy Initiatives
- 8.7. Company Profiles/Listing
- 8.7.1. Gulf Tubing Company
- 8.7.1.1. Company Overview
- 8.7.1.2. Financial Performance
- 8.7.1.3. Product Benchmarking
- 8.7.2. Zion Tubes & Alloys
- 8.7.2.1. Company Overview
- 8.7.2.2. Financial Performance
- 8.7.2.3. Product Benchmarking
- 8.7.3. ESTM Ltd
- 8.7.3.1. Company Overview
- 8.7.3.2. Financial Performance
- 8.7.3.3. Product Benchmarking
- 8.7.4. SJ Petro
- 8.7.4.1. Company Overview
- 8.7.4.2. Financial Performance
- 8.7.4.3. Product Benchmarking
- 8.7.5. Tenaris
- 8.7.5.1. Company Overview
- 8.7.5.2. Financial Performance
- 8.7.5.3. Product Benchmarking
- 8.7.6. Jereh Group
- 8.7.6.1. Company Overview
- 8.7.6.2. Financial Performance
- 8.7.6.3. Product Benchmarking
- 8.7.7. General Integrated
- 8.7.7.1. Company Overview
- 8.7.7.2. Financial Performance
- 8.7.7.3. Product Benchmarking
- 8.7.8. Schlumberger
- 8.7.8.1. Company Overview
- 8.7.8.2. Financial Performance
- 8.7.8.3. Product Benchmarking
- 8.7.9. Baker Hughes
- 8.7.9.1. Company Overview
- 8.7.9.2. Financial Performance
- 8.7.9.3. Product Benchmarking
- 8.7.10. Halliburton
- 8.7.10.1. Company Overview
- 8.7.10.2. Financial Performance
- 8.7.10.3. Product Benchmarking
- 8.7.1. Gulf Tubing Company
List of Tables
- TABLE 1 Middle East coiled tubing market estimates & forecasts, 2021 - 2033 (USD Million) (Units)
- TABLE 2 Middle East coiled tubing market estimates and forecasts, by well intervention & production, 2021 - 2033 (USD Million) (Units)
- TABLE 3 Middle East coiled tubing market estimates and forecasts, by drilling, 2021 - 2033 (USD Million) (Units)
- TABLE 4 Middle East coiled tubing market estimates and forecasts, by circulation, 2021 - 2033 (USD Million) (Units)
- TABLE 5 Middle East coiled tubing market estimates and forecasts, by pumping, 2021 - 2033 (USD Million) (Units)
- TABLE 6 Middle East coiled tubing market estimates and forecasts, by logging, 2021 - 2033 (USD Million) (Units)
- TABLE 7 Middle East coiled tubing market estimates and forecasts, by perforation, 2021 - 2033 (USD Million) (Units)
- TABLE 8 Middle East coiled tubing market estimates and forecasts, by others, 2021 - 2033 (USD Million) (Units)
- TABLE 9 Middle East coiled tubing market estimates and forecasts, by onshore, 2021 - 2033 (USD Million) (Units)
- TABLE 10 Middle East coiled tubing market estimates and forecasts, by offshore, 2021 - 2033 (USD Million) (Units)
- TABLE 11 Saudi Arabia coiled tubing market estimates & forecasts, 2021 - 2033 (USD Million) (Units)
- TABLE 12 Saudi Arabia coiled tubing market estimates & forecasts, by operations, 2021 - 2033 (USD Million) (Units)
- TABLE 13 Saudi Arabia coiled tubing market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Units)
- TABLE 14 Saudi Arabia coiled tubing market estimates & forecasts, by services, 2021 - 2033 (USD Million) (Units)
- TABLE 15 UAE coiled tubing market estimates & forecasts, 2021 - 2033 (USD Million) (Units)
- TABLE 16 UAE coiled tubing market estimates & forecasts, by operations, 2021 - 2033 (USD Million) (Units)
- TABLE 17 UAE coiled tubing market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Units)
- TABLE 18 UAE coiled tubing market estimates & forecasts, by services, 2021 - 2033 (USD Million) (Units)
- TABLE 19 Qatar coiled tubing market estimates & forecasts, 2021 - 2033 (USD Million) (Units)
- TABLE 20 Qatar coiled tubing market estimates & forecasts, by operations, 2021 - 2033 (USD Million) (Units)
- TABLE 21 Qatar coiled tubing market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Units)
- TABLE 22 Qatar coiled tubing market estimates & forecasts, by services, 2021 - 2033 (USD Million) (Units)
List of Figures
- FIG. 1 Market segmentation
- FIG. 2 Information procurement
- FIG. 3 Data analysis models
- FIG. 4 Market formulation and validation
- FIG. 5 Market snapshot
- FIG. 6 Segmental outlook
- FIG. 7 Competitive outlook
- FIG. 8 Middle East coiled tubing market outlook, 2021 - 2033 (USD Million) (Units)
- FIG. 9 Value chain analysis
- FIG. 10 Market dynamics
- FIG. 11 Porter's analysis
- FIG. 12 PESTEL analysis
- FIG. 13 Middle East coiled tubing market, by services: Key takeaways
- FIG. 14 Middle East coiled tubing market, by services: Market share, 2024 & 2033
- FIG. 15 Middle East coiled tubing market, by operations: Key takeaways
- FIG. 16 Middle East coiled tubing market, by operations: Market share, 2024 & 2033
- FIG. 17 Middle East coiled tubing market, by application: Key takeaways
- FIG. 18 Middle East coiled tubing market, by application: Market share, 2024 & 2033
- FIG. 19 Middle East coiled tubing market: country analysis, 2024
- FIG. 20 Middle East coiled tubing market, by country: Key takeaways
