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Middle East and Africa Coiled Tubing Market Share

Report ID: GMI12634
Published Date: Dec 2024
Report Format: PDF

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Middle East & Africa Coiled Tubing Market Share

Major players in the Middle East & Africa coiled tubing industry are focusing on mergers and acquisitions to gain a competitive edge. These strategies are crucial for leading companies to increase their market share. Additionally, product improvements and the expansion of supply networks are other significant approaches employed by global players to enhance their existing market positions. Consequently, the global coiled tubing market is expected to experience substantial growth during the forecast period.

Middle East & Africa Coiled Tubing Market Companies

Major players operating across the industry include:

ASECO
Baker Hughes
Emirates Western
Halliburton
Jereh
NOV
Oceaneering
Oilserv
Premier Coil Solutions
SLB
Smith Gulf
Superior Energy Services
Superior Oilfield Services
TAQA
Tenaris
Weatherford

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The Middle East & Africa coiled tubing industry was valued at USD 465.7 million in 2024 and is estimated to grow at a 3% CAGR from 2025 to 2034, driven by rising exploration and production investments to meet growing energy demands.

The well intervention segment is anticipated to surpass USD 295 million by 2034, driven by advancements in drilling technologies and the increasing prevalence of mature oil wells.

The Saudi Arabia coiled tubing market is projected to exceed USD 180 million by 2034, bolstered by rising exploration and production investments and advancements in drilling technologies.

Major players in the industry include ASECO, Baker Hughes, Emirates Western, Halliburton, Jereh, NOV, Oceaneering, Oilserv, Premier Coil Solutions, SLB, Smith Gulf, and Superior Energy Services.