Europe Coiled Tubing Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Europe's coiled tubing market is expected to grow at a CAGR of over 3% during the forecast period of 2020-2025. Factor such as an increasing number of mature fields and maintenance of the existing wells are expected to drive the Europe coiled tubing market. However, the high cost of maintenance and replacement of coiled tubing units is likely to restrain the Europe coiled tubing market.
Key HighlightsThe Europe Coiled Tubing market is moderately consolidated. Some of key players in this market include Royal IHC, GOES GmbH, Stimline AS, Tala Offshore AS, and Stewart & Stevenson.
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