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Follow on Google News | Coiled Tubing Market worth $4.0 Billion By 2018[256 Pages Report] Coiled Tubing Market categories the global market by Services [Well Intervention (Well Cleaning & Well Completion) & Drilling], Active Fleet & Geography
By: MarketsandMarkets Browse - 128 Market Data Tables - 35 Figures - 256 Pages and In-depth Table of Content on “Coiled Tubing Market" http://www.marketsandmarkets.com/ Early buyers will receive 10% customization on this report. Coiled tubing well intervention– major service type for the coiled tubing market Coiled tubing services are categorized into three— CT services: market share, by service Types, 2012 Global coiled tubing market to reach more than $ 4.0 billion by 2018 The global market for coiled tubing in terms of revenue is estimated to grow at a CAGR of 7.0% from 2013 to 2018 and reach over $ 4.0 billion. North America is the dominant market by value in 2012 and is expected to remain an important player in the forecast period. Middle East and Europe are two regions with most promising growth rates of 12% and 9% (CAGR 2013-2018) due to increasing requirement of well completion and cleaning services. North America- coiled tubing market revenue is expected to grow mildly in the next five years North America is the largest market for coiled tubing by value and by active fleet count. The region which did fairly well in the last 10 years accounted for nearly half of the total revenue in 2012. The region started to witness poor growth margins in the last three years due to intense completion prevailing in the industry and falling natural prices. The severity in the market is likely to continue allowing marginal growth at a CAGR of over 3% from 2013 to 2018 shrinking the market share by more than 20% by 2018. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza, 17304,Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-600-6441 Email: sales@marketsandmarkets.com End
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