Coiled Tubing Market Size, Share and Forecast to 2030

The Global Coiled Tubing Market Size is expected to reach USD 4.4 billion by 2030, at a CAGR of 4.7% during the forecast period 2022 to 2030. Upstream companies' increased efforts to improve production from mature fields are driving the coiled tubing industry. The product's ability to lower overall costs in oil and gas exploration is expected to drive market growth during the forecast period.