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Market Research Report
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968629

Coiled Tubing Manufacturing Market Size, Share & Trends Analysis Report By Service (Well Intervention, Drilling), By Application (Offshore, Onshore), By Region (APAC, North America), And Segment Forecasts, 2020 - 2027

Published: | Grand View Research, Inc. | 115 Pages | Delivery time: 2-10 business days

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Coiled Tubing Manufacturing Market Size, Share & Trends Analysis Report By Service (Well Intervention, Drilling), By Application (Offshore, Onshore), By Region (APAC, North America), And Segment Forecasts, 2020 - 2027
Published: October 16, 2020
Grand View Research, Inc.
Content info: 115 Pages
Delivery time: 2-10 business days
  • Description
  • Table of Contents
  • List of Tables

Coiled Tubing Manufacturing Market Growth & Trends

The global coiled tubing manufacturing market size is estimated to reach USD 1.5 billion by 2027 registering a CAGR of 2.9%, according to a new report by Grand View Research, Inc. Increasing popularity of shale reserves in the production of crude oil is projected to augment market growth over the forecast period. The global oil & gas industry remains volatile with high fluctuations in crude oil prices. Reduced crude oil prices coupled with depressed upstream investments in the current scenario are projected to impact the profitability of the market vendors.

This associated sluggishness can be attributed to the falling oil demand from key importers, such as India and China. The global crude prices have fallen almost 66% from their highs in January 2020. This has affected the level of activities in the upstream and midstream sectors of the industry. However, the expansion of the downstream and midstream activities estimated in the forecast period is projected to drive the market.

On the upstream side, low oil prices have had negative implications for oil-exporting countries. Key countries, such as the U.S., Saudi Arabia, and Russia, have already announced plans to reduce production in the wake of reducing crude oil prices. The market uncertainty has led to several cost-cutting measures and shutting down of projects. All these factors are projected to hinder the market growth over the forecast period.

The market participants are under severe distress as the downstream demand for the product is in a free fall. The depressed economic activities in the upstream side of the oil & gas industry are projected to cause severe damage to the revenues of oil & gas operators. This, in turn, is already influencing the procurement processes of many multinational oil & gas companies.

Coiled Tubing Manufacturing Market Report Highlights

  • Well intervention is projected to witness the fastest CAGR of 2.3%, in terms of volume, from 2020 to 2027
  • Higher usage of Coiled Tubing (CT) in stimulation and well cleaning operations across the European region is likely to aid the growth of the well intervention segment
  • Drilling is projected to remain the dominant service segment over the forecast period, in terms of volume as well as revenue
  • The usage of coiled tubing in the onshore applications is estimated to observe the fastest growth rate. The onshore application segment is also anticipated to capture the largest revenue share by 2027
  • The offshore application segment is projected to observe a slower growth in the coming years as offshore CT is expensive owing to the detailed specifications and unique properties required on site
  • Led by the U.S., North America is projected to be the dominant regional market over the forecast period
Product Code: GVR-4-68039-175-9

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Segmental Outlook
  • 2.3. Competitive Insights

Chapter 3. Market Variables, Trends, and Scope

  • 3.1. Penetration & Growth Prospect Mapping
  • 3.2. Industry Value Chain Analysis
    • 3.2.1. Raw Material Trends
    • 3.2.2. Manufacturing Trends
    • 3.2.3. Sales Channel Analysis
  • 3.3. Regulatory Framework
  • 3.4. Coiled Tubing Manufacturing Market - Market Dynamics
    • 3.4.1. Market Driver Analysis
    • 3.4.2. Market Restraint Analysis
    • 3.4.3. Industry Challenges - Impact of COVID-19
  • 3.5. Business Environmental Tools Analysis: Coiled Tubing Manufacturing Market
    • 3.5.1. Porter's Five Forces Analysis
      • 3.5.1.1. Bargaining Power of Suppliers
      • 3.5.1.2. Bargaining Power of Buyers
      • 3.5.1.3. Threat of Substitution
      • 3.5.1.4. Threat of New Entrants
      • 3.5.1.5. Competitive Rivalry
    • 3.5.2. PESTEL Analysis
      • 3.5.2.1. Political Landscape
      • 3.5.2.2. Economic Landscape
      • 3.5.2.3. Social Landscape
      • 3.5.2.4. Technology Landscape
      • 3.5.2.5. Environmental Landscape
      • 3.5.2.6. Legal Landscape
  • 3.6. Major Strategic Deals & Alliances

Chapter 4. Coiled Tubing Manufacturing Market: Service Estimates & Trend Analysis

  • 4.1. Coiled Tubing Manufacturing Market: Service Movement Analysis, 2019 & 2027
  • 4.2. Well Intervention
    • 4.2.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 4.3. Drilling
    • 4.3.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 4.4. Others
    • 4.4.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)

Chapter 5. Coiled Tubing Manufacturing Market: Application Estimates & Trend Analysis

  • 5.1. Coiled Tubing Manufacturing Market: Application Movement Analysis, 2019 & 2027
  • 5.2. Offshore
    • 5.2.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 5.3. Onshore
    • 5.3.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)

Chapter 6. Coiled Tubing Manufacturing Market: Regional Estimates & Trend Analysis

  • 6.1. Regional Movement Analysis & Market Share, 2019 & 2027
  • 6.2. Coiled Tubing Manufacturing market: Regional movement analysis, 2019 & 2027
  • 6.3. North America
    • 6.3.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
    • 6.3.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
    • 6.3.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.3.4. U.S.
      • 6.3.4.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.3.4.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.3.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.3.5. Canada
      • 6.3.5.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.3.5.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.3.5.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.3.6. Mexico
      • 6.3.6.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.3.6.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.3.6.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 6.4. Europe
    • 6.4.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
    • 6.4.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
    • 6.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.4.4. Russia
      • 6.4.4.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.4.4.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.4.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.4.5. U.K.
      • 6.4.5.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.4.5.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.4.5.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 6.5. Asia Pacific
    • 6.5.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
    • 6.5.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
    • 6.5.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.5.4. China
      • 6.5.4.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.5.4.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.5.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.5.5. Australia
      • 6.5.5.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.5.5.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.5.5.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 6.6. Central & South America
    • 6.6.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
    • 6.6.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
    • 6.6.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.6.4. Brazil
      • 6.6.4.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.6.4.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.6.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 6.7. Middle East & Africa
    • 6.7.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
    • 6.7.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
    • 6.7.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.7.4. Saudi Arabia
      • 6.7.4.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.7.4.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.7.4.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.7.5. UAE
      • 6.7.5.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.7.5.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.7.5.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
    • 6.7.6. Algeria
      • 6.7.6.1. Market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
      • 6.7.6.2. Market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
      • 6.7.6.3. Market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)

Chapter 7. Competitive Landscape

  • 7.1. Key Global Players, Their Initiatives, & Its Impact on the Market
  • 7.2. Vendor Landscape
  • 7.3. Company Market Position Analysis
  • 7.4. Company Dashboard Analysis
  • 7.5. Strategic Framework

Chapter 8. Company Profiles

  • 8.1. Tenaris
    • 8.1.1. Company overview
    • 8.1.2. Financial performance
    • 8.1.3. Service benchmarking
    • 8.1.4. Strategic initiatives
  • 8.2. Forum Energy Technologies, Inc.
    • 8.2.1. Company overview
    • 8.2.2. Financial performance
    • 8.2.3. Service benchmarking
    • 8.2.4. Strategic initiatives
  • 8.3. National Oilwell Varco
    • 8.3.1. Company overview
    • 8.3.2. Financial performance
    • 8.3.3. Service benchmarking
    • 8.3.4. Strategic initiatives
  • 8.4. Sandvik AB
    • 8.4.1. Company overview
    • 8.4.2. Financial performance
    • 8.4.3. Service benchmarking
    • 8.4.4. Strategic initiatives
  • 8.5. HandyTube
    • 8.5.1. Company overview
    • 8.5.2. Financial performance
    • 8.5.3. Service benchmarking
    • 8.5.4. Strategic initiatives
  • 8.6. Trident Steel Corporation
    • 8.6.1. Company overview
    • 8.6.2. Financial performance
    • 8.6.3. Service benchmarking
    • 8.6.4. Strategic initiatives
  • 8.7. Gautam Tube Corporation
    • 8.7.1. Company overview
    • 8.7.2. Financial performance
    • 8.7.3. Service benchmarking
    • 8.7.4. Strategic initiatives
  • 8.8. Stewart & Stevenson
    • 8.8.1. Company overview
    • 8.8.2. Financial performance
    • 8.8.3. Service benchmarking
    • 8.8.4. Strategic initiatives
  • 8.9. John Lawrie Group
    • 8.9.1. Company overview
    • 8.9.2. Financial performance
    • 8.9.3. Service benchmarking
    • 8.9.4. Strategic initiatives
  • 8.10. T&H Lemont
    • 8.10.1. Company overview
    • 8.10.2. Financial performance
    • 8.10.3. Service benchmarking
    • 8.10.4. Strategic initiatives

List of Tables

  • 1. Coiled tubing manufacturing market estimates and forecasts, by well intervention, 2016 - 2027 (Units) (USD Million)
  • 2. Coiled tubing manufacturing market estimates and forecasts, by drilling, 2016 - 2027 (Units) (USD Million)
  • 3. Coiled tubing manufacturing market estimates and forecasts, by Others, 2016 - 2027 (Units) (USD Million)
  • 4. Coiled tubing manufacturing market estimates and forecasts in onshore, 2016 - 2027 (Units) (USD Million)
  • 5. Coiled tubing manufacturing market estimates and forecasts in offshore, 2016 - 2027 (Units) (USD Million)
  • 6. North America coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 7. North America coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 8. North America coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 9. U.S. coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 10. U.S. coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 11. U.S. coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 12. Canada coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 13. Canada coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 14. Canada coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 15. Europe coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 16. Europe coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 17. Europe coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 18. Russia coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 19. Russia coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 20. Russia coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 21. U.K. coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 22. U.K. coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 23. U.K. coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 24. Asia Pacific coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 25. Asia Pacific coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 26. Asia Pacific coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 27. China coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 28. China coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 29. China coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 30. Australia coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 31. Australia coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 32. Australia coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 33. Central & South America coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 34. Central & South America coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 35. Central & South America coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 36. Brazil coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 37. Brazil coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 38. Brazil coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 39. Middle East & Africa coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 40. Middle East & Africa coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 41. Middle East & Africa coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 42. Saudi Arabia coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 43. Saudi Arabia coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 44. Saudi Arabia East & Africa coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 45. Algeria coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 46. Algeria coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 47. Algeria coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)
  • 48. UAE coiled tubing manufacturing market estimates and forecasts, 2016 - 2027 (Units) (USD Million)
  • 49. UAE coiled tubing manufacturing market estimates and forecasts, by service, 2016 - 2027 (Units) (USD Million)
  • 50. UAE coiled tubing manufacturing market estimates and forecasts, by application, 2016 - 2027 (Units) (USD Million)

List of Figures

  • 1. Coiled tubing manufacturing market - Market segmentation & scope
  • 2. Information procurement
  • 3. Primary research pattern
  • 4. Primary research process
  • 5. Primary research approaches
  • 6. Coiled tubing manufacturing market - Market snapshot
  • 7. Coiled tubing manufacturing market - Penetration & growth prospect mapping
  • 8. Coiled tubing manufacturing market - Industry value chain analysis
  • 9. Coiled tubing manufacturing market - Market dynamics
  • 10. Market driver impact analysis
  • 11. Market restraint impact analysis
  • 12. Coiled tubing manufacturing market: Service movement analysis, 2019 & 2027
  • 13. Coiled tubing manufacturing market: Application movement analysis, 2019 & 2027
  • 14. Coiled tubing manufacturing market: Regional snapshot, 2019 & 2027
  • 15. Coiled tubing manufacturing market: Regional movement analysis, 2019 & 2027
  • 16. Company market positioning
  • 17. Company dashboard analysis
  • 18. Strategy framework