The coiled tubing services market in South America is estimated to reach $430 million by 2018 - New Report by MicroMarket Monitor
(PRWEB) September 28, 2014 -- The Coiled tubing services market in South America to reach $430 million by 2018, at a CAGR of 7.6% from 2013 to 2018.
Browse through the TOC of the South America Coiled Tubing Services Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the South American Coiled Tubing Services market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/south-america-coiled-tubing-services-1749664570.html
Rising energy demand, redevelopment of mature oil field wells, increasing exploration and production activities in shale reservoirs, and commercially viable offshore drilling at multiple depths are some of the key drivers for South American coiled tubing services market.
South America is the major market; wherein the Brazil holds a maximum share in the Coiled Tubing services market. Brazil is the biggest market in South America, and as of 2013, and has contributed a major share of around 27% in the South American Coiled Tubing Services market.
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This market is segmented and forecasted on the basis of Coiled Tubing services types, such as Well Intervention, Drilling Services and others. The market is further segmented and forecasted on the basis of major countries, such as the Brazil, Venezuela, Argentina and others.
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This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide Coiled Tubing services.
Related Reports:
Middle East Coiled Tubing Services Market
The coiled tubing services market in the Middle East was valued at $298 million in 2013, and is forecast to reach $522 million by 2018, at a CAGR of 12%, from 2013 to 2018. The well intervention services accounted for $221 million, which is almost 74 % of the total coiled tubing services in the Middle East.
The market report analyses the coiled tubing services market by types of services, and geography. In terms of geography, the report is segmented into Saudi Arabia, Kuwait, and UAE, among others. The major coiled tubing services included in this report are well intervention and drilling.
The rising energy demand, redevelopment of mature oil field wells, increasing exploration and production activities in shale reservoirs, and commercially viable offshore drilling at multiple depths are some of the key drivers for the Middle East coiled tubing market. Saudi Arabia leads the coiled tubing services market in the Middle East.
http://www.micromarketmonitor.com/market/middle-east-coiled-tubing-services-5802415135.html
Africa Coiled Tubing Services Market
The coiled tubing services market in Africa was valued at $139 million in 2013 and is forecast to reach $256 million by 2018, at a CAGR of 13%, from 2013 to 2018. The well intervention services accounted for $113 million, which is nearly 81 % of the total coiled tubing services in Africa.
The market report analyses the coiled tubing services market by types of services, and geography. The geographical segmentation comprises major African countries such as Algeria and Egypt. The major coiled tubing services included in this report are well intervention and drilling.
The rising energy demand, redevelopment of mature oil field wells, increasing exploration and production activities in shale reservoirs, and commercially viable offshore drilling at multiple depths are some of the key drivers of the African coiled tubing market. Algeria leads the coiled tubing services market in Africa.
http://www.micromarketmonitor.com/market/africa-coiled-tubing-services-5260208183.html
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