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The Enhanced Oil Recovery (EOR) Market is segmented by Technology (Gas Injection, Thermal Injection, Chemical Injection, Microbial Injection and Others), Location (Onshore and Offshore), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa)
2016 - 2026
Fastest Growing Market:
The global enhanced oil recovery market is expected to grow at a CAGR of more than 3.5% over the period of 2020-2025. Factors such as increasing demand for oil and gas which is expected to increase by 1.4% per year, till 2040, as predicted by the International Energy Agency (IEA), the global average field recovery is expected to increase significantly during the forecast period to meet the demand and in turn driving the EOR market. Moreover, around 60% of the global oil and gas produce came from wells that were more than 20 years old, and around 81% of the global hydrocarbon liquid production sites witnessed a decline, which is expected to have a positive effect on the EOR market. However, the environmental concerns such as altering the reservoir paradigm along with high up-front capital requirements are restraining the growth of the market studied.
The enhanced oil recovery (EOR) market report include:
|Middle-East and Africa|
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The enhanced oil recovery market is moderately fragmented. Some of the key players in the market are Halliburton Company, Baker Hughes Company, Total SA, Chevron Corporation and Schlumberger Limited.
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Consumers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes Products and Services
4.7.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1.1 Gas Injection
5.1.2 Thermal Injection
5.1.3 Chemical Injection
5.1.4 Microbial Injection
5.3.1 North America
5.3.4 South America
5.3.5 Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Baker Hughes Co.
6.3.2 BP PLC
6.3.3 Chevron Corporation
6.3.4 Exxon Mobil Corporation
6.3.5 Halliburton Co.
6.3.6 Praxair Technology Inc.
6.3.7 Royal Dutch Shell PLC
6.3.8 Schlumberger Ltd.
6.3.9 Total SA
6.3.10 Weatherford International PLC
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability