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A report on Coiled Tubing (CT) Market was added by Kenneth Research which covers the market size and growth over a span of 8 years, i.e., over the forecast period 2020-2028. The market study involves analysis of the product demand and market on the basis of various factors and through a number of analytical tools.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Coiled Tubing (CT) Market products.
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The Final Report will cover the impact analysis of COVID-19 on this industry:
Over the recent years, global coiled tubing market has been witnessing a decline, on account of several factors including falling crude oil prices, sluggish growth in investment, declining production of oil and gas. Moreover, ongoing demographic shift towards renewable energy sources, increase production in developing regions, rising investment in shale oil and revival in the prices of crude oil, is expected to propel the market for coiled tubing market during the forecast period. In this research report, the market is segmented on the basis of application type as well as location. By application type, the segment of Well intervention is predicted to hold its dominant position in the market. Amongst the regions, North America accounts for the largest regional share in the global coiled tubing market in 2018.
The report titled“Global Coiled Tubing (CT) Market: Analysis By Active CT Fleet, Application (Well Intervention, Drilling, Completion), Location (Onshore, Offshore), By Region, By Country (2018 Edition) – Forecast to 2023” has covered and analyzed the potential of global coiled tubing market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global coiled tubing market. Additionally, the report also highlights market entry strategies for various companies across the globe.
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Global Coiled Tubing Market
(Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Coiled Tubing Market – Size and Growth By Value, By Active CT Units
• By Application Type – Well Intervention, Drilling and Completion: By Value
• By Location – Offshore and Onshore: By Value
Regional Markets – North America, Europe, Asia-Pacific, South America and Middle East
(Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Coiled Tubing Market – Size and Growth: By Value, By Active CT Units
• By Application Type – Well Intervention, Drilling and Completion: By Value
• By Location – Offshore and Onshore: By Value
Country Analysis – U.S, Canada, Mexico, Brazil, Venezuela, Norway, Russia, UK, China, India, Indonesia, Saudi Arabia, Iran and Nigeria.
(Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Coiled Tubing Market – Size and Growth: By Value
• By Active CT Units
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Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends
• Company Share Analysis
• SWOT Analysis
• Porter Five Force Analysis
• Supply Chain Analysis
• Policy and Regulatory Landscape
• Company Analysis – Schlumberger, Baker Hughes, Halliburton, Weatherford International Inc, Archer Limited, Calfrac Well Services Ltd, Cudd Energy Services, Superior Energy Services Inc., Trican Well Service Ltd., and C&J Energy Services, Inc..
Customization of the Report
The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.
About Kenneth Research:
Kenneth Research is a multi-client market research database that aims at providing reports that help industry professionals including various individuals and organizations to identify the market trends and scope, thereby making it easier for them to take decisions and form strategies after complete assessment of the market. The various industries catered by the company include healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence and several others. Being a global market research reselling firm, Kenneth Research provides strategic business consultancy services at a global level and offers a single platform for the best market research reports.
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