Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted otherwise.
EOR production is considered as a project in itself and requires a large number of equipment and packages. Studies, pilot projects, engineering design, equipment procurement, feedstock planning, drilling and other materials, play important role in EOR projects. Upfront capital costs in EOR projects are significant. Each link is very complicated, so it is difficult to calculate all the income generated by the EOR project. In addition, because some expenditures come from the oilfield developers themselves, this part of revenue is considered as the operating costs of the oilfield developers themselves. It is therefore necessary to explain the scope of the data reported.
According to our (Global Info Research) latest study, the global Enhanced Oil Recovery market size was valued at USD 3876.1 million in 2022 and is forecast to a readjusted size of USD 5173.4 million by 2029 with a CAGR of 4.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The industry's leading producers are Linde Group, Air Liquid and PetroChina Daqing, with revenues of 36.29%, 11.60% and 11.30% respectively in 2019.
This report is a detailed and comprehensive analysis for global Enhanced Oil Recovery market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Enhanced Oil Recovery market size and forecasts, in consumption value ($ Million), 2018-2029
Global Enhanced Oil Recovery market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Enhanced Oil Recovery market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Enhanced Oil Recovery market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Enhanced Oil Recovery
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Enhanced Oil Recovery market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Linde Group, Air Liquid, PetroChina Daqing, Air Products and SNF Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Enhanced Oil Recovery market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
CO2 Enhanced Oil Recovery
Nitrogen Enhanced Oil Recovery
Polymer Flooding
Surfactant Flooding
Alkaline Flooding
Micellar Flooding
Others
Market segment by Application
Onshore
Offshore
Market segment by players, this report covers
Linde Group
Air Liquid
PetroChina Daqing
Air Products
SNF Group
Bejing Hengju
BASF
Nalco Champion
Shandong Polymer Bio-chemicals
Stepan
Schlumberger
Kemira
Solvay
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Enhanced Oil Recovery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Enhanced Oil Recovery, with revenue, gross margin and global market share of Enhanced Oil Recovery from 2018 to 2023.
Chapter 3, the Enhanced Oil Recovery competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Enhanced Oil Recovery market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Enhanced Oil Recovery.
Chapter 13, to describe Enhanced Oil Recovery research findings and conclusion.
Summary:
Get latest Market Research Reports on Enhanced Oil Recovery. Industry analysis & Market Report on Enhanced Oil Recovery is a syndicated market report, published as Global Enhanced Oil Recovery Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Enhanced Oil Recovery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.