Market Size 2023 (Base Year) | USD 48.15 Billion |
Market Size 2032 (Forecast Year) | USD 86.31 Billion |
CAGR | 6.7% |
Forecast Period | 2024 - 2032 |
Historical Period | 2018 - 2023 |
As per the published report by Market Research Store, the Global Enhanced Oil Recovery (EOR) Market size was estimated at USD 48.15 Billion in 2023 and is anticipated to reach reach USD 86.31 Billion by 2032, growing at a projected CAGR of 6.7% during the forecast period 2024-2032. The report provides a detailed analysis of the global Enhanced Oil Recovery (EOR) Market, including market trends, market dynamics, and market opportunities during the forecast period (2024-2032). It delves deeper into several market facets, such as market definition, size, growth, forecast, segmentation, competitive analysis, growth drivers, restraints, financial analysis, SWOT analysis, PORTER’s five force analysis, PESTEL analysis, market share analysis, cost-benefit analysis, challenges, restraints, strategic recommendations, and market players.
Report Attributes | Report Details |
---|---|
Report Name | Enhanced Oil Recovery (EOR) Market |
Market Size in 2023 | USD 48.15 Billion |
Market Forecast in 2032 | USD 86.31 Billion |
Growth Rate | CAGR of 6.7% |
Number of Pages | 110 |
Key Companies Covered | Exxon Mobil Corporation, BP, China Petroleum & Chemical Corporation, Royal Dutch Shell, Conoco Phillips, Chevron Chemicals, Petronas, Cenovus Energy, Petrobras, Nalco Company, Statoil ASA, Lukoil, Praxair Technology, Inc. |
Segments Covered | By Technology, By, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2023 |
Forecast Year | 2024 to 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The report covers forecast and analysis for the Enhanced Oil Recovery (EOR) Market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on both volumes (Million Barrels) and revenue (USD Billion). The study includes drivers and restraints for the Enhanced Oil Recovery (EOR) Market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Enhanced Oil Recovery (EOR) Market on a global level.
In order to give the users of this report a comprehensive view on the Enhanced Oil Recovery (EOR) Market, we have included a detailed competitive scenario, buying criteria and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of porter’s five forces model for the Enhanced Oil Recovery (EOR) Market has also been included. The study encompasses a market attractiveness analysis, wherein technology segments are benchmarked based on their market size, growth rate and general attractiveness.
The study provides a decisive view on the Enhanced Oil Recovery (EOR) Market by segmenting the market based on technology and sub-types. All the technology segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key technologies covered under this study include the enhanced oil recovery by thermal injection, gas injection and chemical injection. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Rest of the World with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for enhanced oil recovery on individual applications in all the regions and countries.
The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Exxon Mobil Corporation, BP, China Petroleum & Chemical Corporation, Royal Dutch Shell, Conoco Phillips, Chevron Chemicals, Petronas, Cenovus Energy, Petrobras, Nalco Company, Statoil ASA, Lukoil, Praxair Technology, Inc.
The report segments the global Enhanced Oil Recovery (EOR) Market into:
Global Enhanced Oil Recovery (EOR) Market: Technology Segment Analysis
Global Enhanced Oil Recovery (EOR) Market: Regional Segment Analysis
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Enhanced Oil Recovery (EOR)
Enhanced Oil Recovery (EOR)
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