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Chemical Enhanced Oil Recovery (EOR & IOR)-Global Market Insights and Sales Trends 2024
Synopsis
Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted otherwise. Although the primary and secondary recovery techniques rely on the pressure differential between the surface and the underground well, enhanced oil recovery functions by altering the chemical composition of the oil itself in order to make it easier to extract. EOR can extract 30% to 60% or more of a reservoir's oil compared to 20% to 40% using primary and secondary recovery. According to the US Department of Energy, carbon dioxide and water are injected along with one of three EOR techniques: thermal injection, gas injection, and chemical injection. More advanced, speculative EOR techniques are sometimes called quaternary recovery.
The global Chemical Enhanced Oil Recovery (EOR & IOR) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Chemical Enhanced Oil Recovery (EOR & IOR) in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Chemical Enhanced Oil Recovery (EOR & IOR) market. Water soluble polymers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Surfactants segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Chemical Enhanced Oil Recovery (EOR & IOR) market, driven by demand from China, the second largest economy with some signs of stabilising, the Chemical Enhanced Oil Recovery (EOR & IOR) market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Chemical Enhanced Oil Recovery (EOR & IOR), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Chemical Enhanced Oil Recovery (EOR & IOR) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Chemical Enhanced Oil Recovery (EOR & IOR) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Chemical Enhanced Oil Recovery (EOR & IOR) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Chemical Enhanced Oil Recovery (EOR & IOR) covered in this report include BASF, DuPont, GE(Baker Hughes), Halliburton and Schlumberger, etc.
The global Chemical Enhanced Oil Recovery (EOR & IOR) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
DuPont
GE(Baker Hughes)
Halliburton
Schlumberger
Global Chemical Enhanced Oil Recovery (EOR & IOR) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Chemical Enhanced Oil Recovery (EOR & IOR) market, Segment by Type:
Water soluble polymers
Surfactants
Polymer gels
Biopolymers
Alkaline chemicals
Others
Global Chemical Enhanced Oil Recovery (EOR & IOR) market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Chemical Enhanced Oil Recovery (EOR & IOR) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted otherwise. Although the primary and secondary recovery techniques rely on the pressure differential between the surface and the underground well, enhanced oil recovery functions by altering the chemical composition of the oil itself in order to make it easier to extract. EOR can extract 30% to 60% or more of a reservoir's oil compared to 20% to 40% using primary and secondary recovery. According to the US Department of Energy, carbon dioxide and water are injected along with one of three EOR techniques: thermal injection, gas injection, and chemical injection. More advanced, speculative EOR techniques are sometimes called quaternary recovery.
The global Chemical Enhanced Oil Recovery (EOR & IOR) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Chemical Enhanced Oil Recovery (EOR & IOR) in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Chemical Enhanced Oil Recovery (EOR & IOR) market. Water soluble polymers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Surfactants segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Chemical Enhanced Oil Recovery (EOR & IOR) market, driven by demand from China, the second largest economy with some signs of stabilising, the Chemical Enhanced Oil Recovery (EOR & IOR) market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Chemical Enhanced Oil Recovery (EOR & IOR), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Chemical Enhanced Oil Recovery (EOR & IOR) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Chemical Enhanced Oil Recovery (EOR & IOR) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Chemical Enhanced Oil Recovery (EOR & IOR) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Chemical Enhanced Oil Recovery (EOR & IOR) covered in this report include BASF, DuPont, GE(Baker Hughes), Halliburton and Schlumberger, etc.
The global Chemical Enhanced Oil Recovery (EOR & IOR) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
DuPont
GE(Baker Hughes)
Halliburton
Schlumberger
Global Chemical Enhanced Oil Recovery (EOR & IOR) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Chemical Enhanced Oil Recovery (EOR & IOR) market, Segment by Type:
Water soluble polymers
Surfactants
Polymer gels
Biopolymers
Alkaline chemicals
Others
Global Chemical Enhanced Oil Recovery (EOR & IOR) market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Chemical Enhanced Oil Recovery (EOR & IOR) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Chemical Enhanced Oil Recovery (EOR & IOR)
1.1 Chemical Enhanced Oil Recovery (EOR & IOR) Market Overview
1.1.1 Chemical Enhanced Oil Recovery (EOR & IOR) Product Scope
1.1.2 Chemical Enhanced Oil Recovery (EOR & IOR) Market Status and Outlook
1.2 Global Chemical Enhanced Oil Recovery (EOR & IOR) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Chemical Enhanced Oil Recovery (EOR & IOR) Market Size by Region (2018-2029)
1.4 Global Chemical Enhanced Oil Recovery (EOR & IOR) Historic Market Size by Region (2018-2023)
1.5 Global Chemical Enhanced Oil Recovery (EOR & IOR) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Chemical Enhanced Oil Recovery (EOR & IOR) Market Size (2018-2029)
1.6.1 North America Chemical Enhanced Oil Recovery (EOR & IOR) Market Size (2018-2029)
1.6.2 Europe Chemical Enhanced Oil Recovery (EOR & IOR) Market Size (2018-2029)
1.6.3 Asia-Pacific Chemical Enhanced Oil Recovery (EOR & IOR) Market Size (2018-2029)
1.6.4 Latin America Chemical Enhanced Oil Recovery (EOR & IOR) Market Size (2018-2029)
1.6.5 Middle East & Africa Chemical Enhanced Oil Recovery (EOR & IOR) Market Size (2018-2029)
2 Chemical Enhanced Oil Recovery (EOR & IOR) Market by Type
2.1 Introduction
2.1.1 Water soluble polymers
2.1.2 Surfactants
2.1.3 Polymer gels
2.1.4 Biopolymers
2.1.5 Alkaline chemicals
2.1.6 Others
2.2 Global Chemical Enhanced Oil Recovery (EOR & IOR) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Chemical Enhanced Oil Recovery (EOR & IOR) Historic Market Size by Type (2018-2023)
2.2.2 Global Chemical Enhanced Oil Recovery (EOR & IOR) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Chemical Enhanced Oil Recovery (EOR & IOR) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Chemical Enhanced Oil Recovery (EOR & IOR) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Chemical Enhanced Oil Recovery (EOR & IOR) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Chemical Enhanced Oil Recovery (EOR & IOR) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Chemical Enhanced Oil Recovery (EOR & IOR) Revenue Breakdown by Type (2018-2029)
3 Chemical Enhanced Oil Recovery (EOR & IOR) Market Overview by Application
3.1 Introduction
3.1.1 Onshore
3.1.2 Offshore
3.2 Global Chemical Enhanced Oil Recovery (EOR & IOR) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Chemical Enhanced Oil Recovery (EOR & IOR) Historic Market Size by Application (2018-2023)
3.2.2 Global Chemical Enhanced Oil Recovery (EOR & IOR) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Chemical Enhanced Oil Recovery (EOR & IOR) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Chemical Enhanced Oil Recovery (EOR & IOR) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Chemical Enhanced Oil Recovery (EOR & IOR) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Chemical Enhanced Oil Recovery (EOR & IOR) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Chemical Enhanced Oil Recovery (EOR & IOR) Revenue Breakdown by Application (2018-2029)
4 Chemical Enhanced Oil Recovery (EOR & IOR) Competition Analysis by Players
4.1 Global Chemical Enhanced Oil Recovery (EOR & IOR) Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Chemical Enhanced Oil Recovery (EOR & IOR) as of 2022)
4.3 Date of Key Players Enter into Chemical Enhanced Oil Recovery (EOR & IOR) Market
4.4 Global Top Players Chemical Enhanced Oil Recovery (EOR & IOR) Headquarters and Area Served
4.5 Key Players Chemical Enhanced Oil Recovery (EOR & IOR) Product Solution and Service
4.6 Competitive Status
4.6.1 Chemical Enhanced Oil Recovery (EOR & IOR) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 BASF
5.1.1 BASF Profile
5.1.2 BASF Main Business
5.1.3 BASF Chemical Enhanced Oil Recovery (EOR & IOR) Products, Services and Solutions
5.1.4 BASF Chemical Enhanced Oil Recovery (EOR & IOR) Revenue (US$ Million) & (2018-2023)
5.1.5 BASF Recent Developments
5.2 DuPont
5.2.1 DuPont Profile
5.2.2 DuPont Main Business
5.2.3 DuPont Chemical Enhanced Oil Recovery (EOR & IOR) Products, Services and Solutions
5.2.4 DuPont Chemical Enhanced Oil Recovery (EOR & IOR) Revenue (US$ Million) & (2018-2023)
5.2.5 DuPont Recent Developments
5.3 GE(Baker Hughes)
5.3.1 GE(Baker Hughes) Profile
5.3.2 GE(Baker Hughes) Main Business
5.3.3 GE(Baker Hughes) Chemical Enhanced Oil Recovery (EOR & IOR) Products, Services and Solutions
5.3.4 GE(Baker Hughes) Chemical Enhanced Oil Recovery (EOR & IOR) Revenue (US$ Million) & (2018-2023)
5.3.5 Halliburton Recent Developments
5.4 Halliburton
5.4.1 Halliburton Profile
5.4.2 Halliburton Main Business
5.4.3 Halliburton Chemical Enhanced Oil Recovery (EOR & IOR) Products, Services and Solutions
5.4.4 Halliburton Chemical Enhanced Oil Recovery (EOR & IOR) Revenue (US$ Million) & (2018-2023)
5.4.5 Halliburton Recent Developments
5.5 Schlumberger
5.5.1 Schlumberger Profile
5.5.2 Schlumberger Main Business
5.5.3 Schlumberger Chemical Enhanced Oil Recovery (EOR & IOR) Products, Services and Solutions
5.5.4 Schlumberger Chemical Enhanced Oil Recovery (EOR & IOR) Revenue (US$ Million) & (2018-2023)
5.5.5 Schlumberger Recent Developments
6 North America
6.1 North America Chemical Enhanced Oil Recovery (EOR & IOR) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Chemical Enhanced Oil Recovery (EOR & IOR) Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Chemical Enhanced Oil Recovery (EOR & IOR) Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Chemical Enhanced Oil Recovery (EOR & IOR) Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Chemical Enhanced Oil Recovery (EOR & IOR) Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Chemical Enhanced Oil Recovery (EOR & IOR) Market Dynamics
11.1 Chemical Enhanced Oil Recovery (EOR & IOR) Industry Trends
11.2 Chemical Enhanced Oil Recovery (EOR & IOR) Market Drivers
11.3 Chemical Enhanced Oil Recovery (EOR & IOR) Market Challenges
11.4 Chemical Enhanced Oil Recovery (EOR & IOR) Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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