South America Coiled Tubing Market Explores New Growth Opportunities by 2014 – 2020
The growth of the Coiled Tubing Market is driven by global rise in demand for energy, strict environmental regulations, introduction of new technologies, improved services, and favorable government regulations. However, tough competition from existing players, availability of alternate cost-effective solutions, and difficulty in locating oil & gas reserves which are economically viable are key factors that may hinder the growth of this market. Countries such as Columbia and Argentina are the emerging markets for coiled tubing. There are potential growth...
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