The Chemical Enhanced Oil Recovery Market market research report includes an exhaustive investigation of various components affecting the market development. The report speaks to the market’s information in a superior examined path by dividing the market in a few numerous portions on the basis of item, its end-clients, applications, and others of the market fragments. The worldwide investigation of market’s information is an intense assignment; for clear understanding and better acknowledgment of market inclines, the worldwide Chemical Enhanced Oil Recovery Market Market report conveys the data at territorial or local level. The report additionally illuminates the conceivable effect of authoritative laws and arrangements available development is incorporated into the report.
Chemical Enhanced Oil Recovery Market market report is widely parceled dependent on the predictable updates in the upgrade of parameters, for instance, quality, dependability, end client sales, applications, and others. The report contains general effective parameters, restrictions, what’s more, has in detail light of the vital information near to the present and future models that may concern the progression. The Chemical Enhanced Oil Recovery Market Market report explains in-depth portrayal of current progressions, parameters, and foundations. The report additionally gives learning identified with the money related conditions that would be helpful for organizations and new businesses.
The Global Chemical Enhanced Oil Recovery Market (EOR / IOR) accounted for USD 743.2 million in 2016 and is projected to grow at a CAGR of 5.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Competitors:
Some of the major players in chemical enhanced oil recovery (EOR / IOR) market Albemarle Corporation, Ashland, BASF SE, Baker Hughes Incorporated, Champion Technology Services, Inc., The Dow Chemical Company, DuPont, Halliburton, Huntsman, Kemira, Oil Chem Technologies, Schlumberger Limited, Shell Chemicals, Solvay, Stepan Company, Ecolab (TIORCO), CPGE, North American Operation (Sasol), Surtek, Inc. and many more.
Enhanced oil recovery (EOR / IOR) is a method of extraction of oil and gas from the well after the primary and secondary method. EOR uses different materials such as gas, water, chemicals and others as injection in the well and force the oil & gas to come out. The chemical EOR is the method in which the chemicals are used for the same. There is a growing demand for chemical enhanced oil recovery (EOR / IOR) in both onshore and offshore operation of oil extraction, which is expected to be one of the major drivers of the market over the next seven years.
The chemical enhanced oil recovery (EOR / IOR) market is segmented on the basis of type into water soluble polymers, surfactants, polymer gels, biopolymers, alkaline chemicals and others.
On the basis of application, the market is segmented into chemical, petrochemical and onshore and offshore.
On the basis of technique, the market is segmented into polymer flooding, surfactant-polymer flooding and alkaline-surfactant-polymer flooding.
On the basis of origin, the market is segmented into petro-based and bio-based.
On the basis of geography, the chemical enhanced oil recovery (EOR / IOR) market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
The global chemical enhanced oil recovery (EOR / IOR) market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Drivers:
Increasing crude oil production
Growth in deep drilling operations
Declining oil prices hindering the chemical EOR
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Data Bridge Market Research