The global coiled tubing market size is projected to reach USD 4.0 billion by 2025, from an estimated USD 3.0 billion in 2020, growing at a post COVID-19 CAGR of 5.8% during the forecast period.

Increasing efforts by upstream companies to enhance the production from the mature fields is driving the coiled tubing industry.

Coiled Tubing Market by Fleet, Service (Well Intervention (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations), Drilling Service ), Application (Onshore, Offshore), and Region