Enhanced Oil Recovery (EOR) Market to 2027 – Global Industry in-depth Study With Top Players are BP p.l.c., Chevron Phillips Chemical Company LLC, China Petroleum & Chemical Corporation,

Enhanced oil recovery (EOR), also known as the tertiary oil recovery refers to the extraction of crude oil from an oil field which cannot be extracted otherwise. This process also aims towards increasing the amount of oil along with condensate and natural gas recovered from the reservoirs. EOR is highly effective in improving the returns from an oil well as it can extract more amount of oil from reservoirs compared to primary and secondary recovery.

The enhanced oil recovery market is anticipated to grow in the forecast period owing to driving factors such as growing oil demands and imports in the emerging economies coupled with increasing number of matured wells. Investments in R&D for development of new resources further drive the enhanced oil recovery market growth. However, associated environmental issues such as brine contamination hinder the growth of the enhanced oil recovery market.

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Leading key market players mentioned in the report:-

  • BP p.l.c.
  • Chevron Phillips Chemical Company LLC
  • China Petroleum & Chemical Corporation
  • ConocoPhillips Company
  • Equinor ASA
  • Exxon Mobil Corporation
  • Nalco Champion (Ecolab Inc.)
  • Petrobras
  • PJSC Lukoil
  • Royal Dutch Shell plc

The global enhanced oil recovery market is segmented on the basis of technology and application. Based on technology, the market is segmented as thermal, gas injection, chemical and others. On the basis of the application, the market is segmented as onshore and offshore.

Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lies.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

What the report features:-

  • Global analysis of Enhanced Oil Recovery (EOR) market from 2019 – 2027 illustrating the progression of the market.
  • Forecast and analysis of Enhanced Oil Recovery (EOR) market by Dosage, Route of Administration and Application from 2019 – 2027
  • Forecast and analysis of Enhanced Oil Recovery (EOR) market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

This market research report administers a broad view of the Enhanced Oil Recovery (EOR) market on a Global basis, presenting a forecast and statistics in terms of revenue during the forecast period. It covers an illustrative study with detailed segmentation, complete research and development history, latest news and press releases. Additionally, it demonstrates the future aspects and portrays a sketch of the key players involved in the Enhanced Oil Recovery (EOR) market’s growth in terms of revenue.

The report contains imperative and pivotal details affecting the developments and growth of the market and also talks about the restricting factors that may restrain the Enhanced Oil Recovery (EOR) market growth during the forecast period. Segmentations of the market are examined specifically to provide knowledge for supplementary market investments. Segmentation of the market on the basis of Dosage, Route of Administration and Application are elucidated in details portraying a descriptive structure of the market trends and restrictions affecting the Enhanced Oil Recovery (EOR) market through the segments and sub-segments.

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The report also provides the market size and estimates a forecast from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Enhanced Oil Recovery (EOR) market.

The report also analyzes the factors affecting Enhanced Oil Recovery (EOR) market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

 

Posted by on Tuesday June 18 2019, 12:02 AM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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