Coiled Tubing Market Size to Hit US$ 6.50 Billion By 2032, Driven by Horizontal Drilling & …
Increasing demand for energy, particularly in emerging economies, has led to heightened oil and gas exploration and production activities, where coiled tubing plays a critical role in well intervention and maintenance.
“According to SNS Insider Research, The Coiled Tubing Market size was valued at US$ 3.78 Billion in 2023 & is estimated to reach US$ 6.50 billion by 2032 and grow at a CAGR of 5.58% over the forecast period of 2024-2032.”