Chemical Enhanced Oil Recovery (Eor / Ior) Market
Chemical Enhanced Oil Recovery (Eor / Ior) Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0507
Segments Covered
By
Technique Polymer Flooding, Surfactant Polymer flooding, Surfactant flooding, Alkaline Flooding, Alkaline Flooding, Others
-
By
Application Bypass Oil, Residual Oil
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
1.3 Billion |
 Revenue 2028:
|
1.94 Billion |
 Revenue CAGR
(2021 - 2028): |
5.1 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Technique, Application and region. This study comprises the market size in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities.
On the basis of Technique, the market is divided into Polymer Flooding, Surfactant Polymer flooding, Surfactant flooding, Alkaline Flooding, Alkaline Flooding, Others. Polymer flooding is expected to dominate the market and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Bypass Oil, Residual Oil. By Pass Oil attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Chemical Enhanced Oil Recovery (Eor / Ior) Market: Technique Segment Analysis
-
- Polymer Flooding
- Surfactant Polymer flooding
- Surfactant flooding
- Alkaline Flooding
- Alkaline Flooding
- Others
Global Chemical Enhanced Oil Recovery (Eor / Ior) Market: Application Segment Analysis
-
- Bypass Oil
- Residual Oil
FAQ
Frequently Asked Question
What is the global demand for Chemical Enhanced Oil Recovery (Eor / Ior) in terms of revenue?
-
The global Chemical Enhanced Oil Recovery (Eor / Ior) valued at 1.3 Billion in 2020 and is expected to reach 1.94 Billion in 2028 growing at a CAGR of 5.1%.
Which are the prominent players in the market?
-
The prominent players in the market are Oil Chem Technologies LLC, Champion Technologies, Halliburton Company, Huntsman Corporation, Basf SE, Tiorco LLC (Joint Venture of Nalco and Stepan Company), Schlumburger Ltd., Stepan Company, Shell Chemicals (Subsidiary of, Royal Dutch Shell Plc), The DOW Chemical Company, Baker Hughes Inc..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.1% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Chemical Enhanced Oil Recovery (Eor / Ior) include
- The methods of enhancing recovery of heavy crude oil explore has gain the importance of the enhanced oil recovery as well as demand has grown in years driven by the the increased needs to locate unconventional resources like heavy oil, bitumen and shale.
- The growing urbanization and expansion in the industrial sector is anticipated to augment the growth of the market over the forecast period.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Chemical Enhanced Oil Recovery (Eor / Ior) in 2020.
