Global Enhanced Oil Recovery Market Report 2024

Enhanced Oil Recovery Global Market Report 2024 – By Technology( Thermal EOR, Chemical EOR, Gas EOR, Other Technologies), By Chemical( Surfactants, Polymers, Alkaline Chemicals, Alkali-Surfactant-Polymer (ASP) Formulations, Foamers), By Application( Onshore, Offshore) – Market Size, Trends, And Global Forecast 2024-2033

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Enhanced Oil Recovery Market Definition And Segments

Enhanced oil recovery is the process of extracting oil from the oil field for getting more oil than natural pressure. It is used to increase the ability of oil flow by injecting water, chemicals, or gases into the reservoir.

The main technologies involved in enhanced oil recovery are thermal EOR, chemical EOR, gas EOR, and others. Thermal EOR is a process of injecting steam into the reservoir to increase the oil recovery used to extract oils. The chemicals include surfactants, polymers, alkaline chemicals, alkali-surfactant-polymer (asp) formulations, foamers, and other chemicals used for various applications such as onshore and offshore.

The enhanced oil recovery market covered in this report is segmented –

1) By Technology: Thermal EOR, Chemical EOR, Gas EOR, Other Technologies

2) By Chemical: Surfactants, Polymers, Alkaline Chemicals, Alkali-Surfactant-Polymer (ASP) Formulations, Foamers

3) By Application: Onshore, Offshore

The enhanced oil recovery market size has grown strongly in recent years. It will grow from $40.45 billion in 2023 to $44.31 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to depleting conventional reserves, mature oil fields, reservoir understanding, advances in water management, cost reduction efforts.

The enhanced oil recovery market size is expected to see strong growth in the next few years. It will grow to $62.8 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to public awareness and perception, global market expansion, shale oil and gas development, carbon emission concerns, cost efficiency improvements. Major trends in the forecast period include declining conventional reserves, oil price volatility, environmental regulations, mature oil fields, advanced reservoir characterization.

Rising Demand For Oil And Gas Fuels Growth In Enhanced Oil Recovery Market

The increasing demand for oil and gas is expected to propel the growth of the enhanced oil recovery market going forward. Oil and gas refer to industries that are involved in discovering a resource, transporting to a refinery, and processing it into a finished product. The boom in oil and gas requires more enhanced oil recovery, which would create demand for the market. For instance, according to the U.S. Energy Information Administration, a government agency of the U.S. Federal Statistical System, annual Natural gas plant liquids (NGPLs) production reached a record high of nearly 5.40 million barrels per day in 2021. Therefore, the increasing demand for oil and gas is driving the enhanced oil recovery market.

Depleting Oil Reserves To Fuel The Enhanced Oil Recovery Market

The depleting oil reserves are expected to propel the growth of the enhanced oil recovery market going forward. Depleting oil reserves refers to the gradual reduction or exhaustion of economically viable and recoverable quantities of crude oil and petroleum in a given oil field or region. Enhanced Oil Recovery (EOR) is employed in depleting oil reserves to maximize extraction efficiency by using advanced techniques, such as injecting fluids or steam, to recover additional oil that traditional methods cannot retrieve. For instance, in February 2022, according to Oil & Gas Journal’s annual assessment, a US-based weekly publication, the world’s proved oil reserves totaled 1,724.5 billion bbl at year end of 2021, down from 1,727.5 billion bbl a year earlier. In Western Europe, oil and gas reserves continue to decline dramatically in 2021, down 7% and 9% respectively. Therefore, the depleting of oil reserves is driving the growth of the enhanced oil recovery market.

Major companies operating in the enhanced oil recovery market report are British Petroleum PLC, Shell PLC, Exxon Mobil Corporation, The PJSC Lukoil Oil Company, Chevron Corporation, Halliburton Company, BASF SE, Baker Hughes Company, Schlumberger Limited, FMC Technologies Inc., Praxair Inc., Petróleo Brasileiro S.A., Cenovus Energy Inc., China Petrochemical Corporation, Husky Energy Inc., Pioneer Natural Resources Company, Apache Corporation, Imperial Oil Limited, Suncor Energy Inc., Canadian Natural Resources Limited, MEG Energy Corp., Encana Corporation, EOG Resources Inc., Anadarko Petroleum Corporation, Noble Energy Inc., Continental Resources Inc., Whiting Petroleum Corporation, Denbury Resources Inc., QEP Resources Inc., Laredo Petroleum Inc.

Strategic Partnerships Drive Innovation In The Enhanced Oil Recovery Market

Strategic partnerships are the key trends gaining popularity in the enhanced oil recovery market. Major companies operating in enhanced oil recovery are developing innovative platforms and developing oil-enhancing technologies to sustain their position in the market. For instance, in October 2021, LUKOIL, a Russia-based company operating in enhanced oil recovery partnered with Gazprom Neft, a Russia-based petroleum refined company to develop oil recovery enhancement technologies. Further, in June 2021, Baker Hughes Company, a US-based energy company partnered with LUKOIL, a Russia-based company operating in enhanced oil recovery for developing energy-efficient technologies for oil and gas and to enhance oil production efficiencies for combustion and additional applications.

Technological Advancement To Effectively Manage Unwanted Fluids Production

Major companies operating in the enhanced oil recovery market are launching technologically advanced devices, such as Autonomous Inflow Control Device (AICD), to effectively manage unwanted fluids production and gain a competitive edge in the market. An Autonomous Inflow Control Device (AICD) is a technology used in the oil and gas industry to optimize the production of hydrocarbons in wells. For instance, in October 2023, Halliburton, a US-based provider of products and services to the energy industry, launched EquiFlow Density, an Autonomous Inflow Control Device (AICD), to optimize hydrocarbon production by effectively managing unwanted fluid production in oil and gas wells. The device addresses reservoir fluid uncertainties, enhancing recovery in wells where current autonomous solutions are limited. EquiFlow Density utilizes a density amplifier to distinguish between reservoir fluids and features a fluid selector that reduces water ingress without surface input. This AICD offers a unique approach by using density to differentiate fluids, even when viscosities are similar, allowing operators to improve production in challenging wells.

AOR Investments Strengthens Position With Acquisition Of American Oil Recover

In August 2021, AOR Investments, a US-based company acquired American Oil Recovery for an undisclosed amount. Through this acquisition, AOR is expected to become a leader in crude oil recovery solutions for companies in the petroleum industry. American Oil Recovery is a US-based electric utility company operating in the enhanced oil recovery market.

North America was the largest region in the enhanced oil recovery market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enhanced oil recovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the enhanced oil recovery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The enhanced oil recovery market includes revenues earned by entities by providing services such as in situ combustions (ISC) and steam injection. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The enhanced oil recovery market research report is one of a series of new reports from The Business Research Company that provides market statistics, including enhanced oil recovery industry global market size, regional shares, competitors with an enhanced oil recovery market share, detailed enhanced oil recovery market segments, market trends and opportunities, and any further data you may need to thrive in the enhanced oil recovery industry. This enhanced oil recovery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Enhanced Oil Recovery Market Characteristics

    3. Enhanced Oil Recovery Market Trends And Strategies

    4. Enhanced Oil Recovery Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Enhanced Oil Recovery Market Size and Growth

    5.1. Global Enhanced Oil Recovery Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Enhanced Oil Recovery Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Enhanced Oil Recovery Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Enhanced Oil Recovery Market Segmentation

    6.1. Global Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Thermal EOR

    Chemical EOR

    Gas EOR

    Other Technologies

    6.2. Global Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Surfactants

    Polymers

    Alkaline Chemicals

    Alkali-Surfactant-Polymer (ASP) Formulations

    Foamers

    6.3. Global Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    On-Shore

    Off-Shore

    7. Enhanced Oil Recovery Market Regional And Country Analysis

    7.1. Global Enhanced Oil Recovery Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Enhanced Oil Recovery Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Enhanced Oil Recovery Market  

    8.1. Asia-Pacific Enhanced Oil Recovery Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Enhanced Oil Recovery Market  

    9.1. China Enhanced Oil Recovery Market Overview  

    9.2. China Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Enhanced Oil Recovery Market  

    10.1. India Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Enhanced Oil Recovery Market  

    11.1. Japan Enhanced Oil Recovery Market Overview  

    11.2. Japan Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Enhanced Oil Recovery Market  

    12.1. Australia Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Enhanced Oil Recovery Market  

    13.1. Indonesia Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Enhanced Oil Recovery Market  

    14.1. South Korea Enhanced Oil Recovery Market Overview  

    14.2. South Korea Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Enhanced Oil Recovery Market  

    15.1. Western Europe Enhanced Oil Recovery Market Overview

    15.2. Western Europe Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Enhanced Oil Recovery Market  

    16.1. UK Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Enhanced Oil Recovery Market  

    17.1. Germany Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Enhanced Oil Recovery Market  

    18.5. France Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Enhanced Oil Recovery Market  

    19.9. Italy Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Enhanced Oil Recovery Market  

    20.13. Spain Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Enhanced Oil Recovery Market  

    21.1. Eastern Europe Enhanced Oil Recovery Market Overview

    21.2. Eastern Europe Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Enhanced Oil Recovery Market  

    22.1. Russia Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Enhanced Oil Recovery Market  

    23.1. North America Enhanced Oil Recovery Market Overview

    23.2. North America Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Enhanced Oil Recovery Market  

    24.1. USA Enhanced Oil Recovery Market Overview

    24.2. USA Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Enhanced Oil Recovery Market  

    25.1. Canada Enhanced Oil Recovery Market Overview

    25.2. Canada Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Enhanced Oil Recovery Market  

    26.1. South America Enhanced Oil Recovery Market Overview

    26.2. South America Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Enhanced Oil Recovery Market  

    27.1. Brazil Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Enhanced Oil Recovery Market  

    28.1. Middle East Enhanced Oil Recovery Market Overview

    28.2. Middle East Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Enhanced Oil Recovery Market  

    29.1. Africa Enhanced Oil Recovery Market Overview

    29.2. Africa Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Enhanced Oil Recovery Market Competitive Landscape And Company Profiles

    30.1. Enhanced Oil Recovery Market Competitive Landscape

    30.2. Enhanced Oil Recovery Market Company Profiles

    30.2.1. British Petroleum PLC

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Shell plc

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Exxon Mobil Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. The PJSC Lukoil Oil Company

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Chevron Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Enhanced Oil Recovery Market Competitive Benchmarking

    32. Global Enhanced Oil Recovery Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Enhanced Oil Recovery Market

    34. Enhanced Oil Recovery Market Future Outlook and Potential Analysis

    34.1 Enhanced Oil Recovery Market In 2028 - Countries Offering Most New Opportunities

    34.2 Enhanced Oil Recovery Market In 2028 - Segments Offering Most New Opportunities

    34.3 Enhanced Oil Recovery Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Enhanced Oil Recovery Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Enhanced Oil Recovery Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: British Petroleum PLC Financial Performance
  • Table 75: Shell plc Financial Performance
  • Table 76: Exxon Mobil Corporation Financial Performance
  • Table 77: The PJSC Lukoil Oil Company Financial Performance
  • Table 78: Chevron Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Enhanced Oil Recovery Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Enhanced Oil Recovery Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Enhanced Oil Recovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Enhanced Oil Recovery Market, Segmentation By Chemical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Enhanced Oil Recovery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: British Petroleum PLC Financial Performance
  • Figure 75: Shell plc Financial Performance
  • Figure 76: Exxon Mobil Corporation Financial Performance
  • Figure 77: The PJSC Lukoil Oil Company Financial Performance
  • Figure 78: Chevron Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the enhanced oil recovery market?

Enhanced oil recovery is the process of extracting oil from the oil field for getting more oil than natural pressure. It is used to increase the ability of oil flow by injecting water, chemicals, or gases into the reservoir. For further insights on the enhanced oil recovery market, request a sample here

How will the enhanced oil recovery market drivers and restraints affect the enhanced oil recovery market dynamics? What forces will shape the enhanced oil recovery industry going forward?

The enhanced oil recovery market major growth driver - rising demand for oil and gas fuels growth in enhanced oil recovery market. For further insights on the enhanced oil recovery market, request a sample here

What is the forecast market size or the forecast market value of the enhanced oil recovery market ?

The enhanced oil recovery market size has grown strongly in recent years. It will grow from $40.45 billion in 2023 to $44.31 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to depleting conventional reserves, mature oil fields, reservoir understanding, advances in water management, cost reduction efforts. The enhanced oil recovery market size is expected to see strong growth in the next few years. It will grow to $62.8 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to public awareness and perception, global market expansion, shale oil and gas development, carbon emission concerns, cost efficiency improvements. Major trends in the forecast period include declining conventional reserves, oil price volatility, environmental regulations, mature oil fields, advanced reservoir characterization. For further insights on the enhanced oil recovery market, request a sample here

How is the enhanced oil recovery market segmented?

The enhanced oil recovery market is segmentedThe enhanced oil recovery market covered in this report is segmented –
1) By Technology: Thermal EOR, Chemical EOR, Gas EOR, Other Technologies
2) By Chemical: Surfactants, Polymers, Alkaline Chemicals, Alkali-Surfactant-Polymer (ASP) Formulations, Foamers
3) By Application: Onshore, OffshoreFor further insights on the enhanced oil recovery market,
request a sample here

Which region has the largest share of the enhanced oil recovery market? What are the other regions covered in the report?

North America was the largest region in the enhanced oil recovery market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enhanced oil recovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the enhanced oil recovery market, request a sample here.

Who are the major players in the enhanced oil recovery market?

Major companies operating in the enhanced oil recovery market report are British Petroleum PLC, Shell plc, Exxon Mobil Corporation, The PJSC Lukoil Oil Company, Chevron Corporation, Halliburton Company, BASF SE, Baker Hughes Company, Schlumberger Limited, FMC Technologies Inc., Praxair Inc., Petróleo Brasileiro S.A., Cenovus Energy Inc., China Petrochemical Corporation, Husky Energy Inc., Pioneer Natural Resources Company, Apache Corporation, Imperial Oil Limited, Suncor Energy Inc., Canadian Natural Resources Limited, MEG Energy Corp., Encana Corporation, EOG Resources Inc., Anadarko Petroleum Corporation, Noble Energy Inc., Continental Resources Inc., Whiting Petroleum Corporation, Denbury Resources Inc., QEP Resources Inc., Laredo Petroleum Inc. For further insights on the enhanced oil recovery market, request a sample here.

What are the key trends in the enhanced oil recovery market?

Major trend in the enhanced oil recovery market - strategic partnerships drive innovation in the enhanced oil recovery market. For further insights on the enhanced oil recovery market, request a sample here.

What are the major opportunities in the enhanced oil recovery market? What are the strategies for the enhanced oil recovery market?

For detailed insights on the major opportunities and strategies in the enhanced oil recovery market, request a sample here.

How does the enhanced oil recovery market relate to the overall economy and other similar markets?

For detailed insights on enhanced oil recovery market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the enhanced oil recovery industry?

For detailed insights on the mergers and acquisitions in the enhanced oil recovery industry, request a sample here.

What are the key dynamics influencing the enhanced oil recovery market growth? SWOT analysis of the enhanced oil recovery market.

For detailed insights on the key dynamics influencing the enhanced oil recovery market growth and SWOT analysis of the enhanced oil recovery industry, request a sample here.