The global coiled tubing market size was estimated at USD 1.93 billion in 2024 and is projected to reach USD 2.79 billion by 2033, growing at a CAGR of 3.9% from 2025 to 2033. Rising global energy demand continues to be a major driver of this growth. According to the U.S. Energy Information Administration (EIA), global liquid fuel consumption is expected to reach 103.5 million barrels...
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