DUBLIN--(BUSINESS WIRE)--The "Chemical Enhanced Oil Recovery (EOR / IOR) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Chemical Enhanced Oil Recovery (EOR / IOR) Market to Reach $1.1 Billion by 2027
Amid the COVID-19 crisis, global market for Chemical Enhanced Oil Recovery (EOR / IOR) estimated at US$776 Million in the year 2020, is projected to reach a revised size of US$1.14 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027.
Polymer Flooding, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$593 Million by the end of the analysis period.
The U.S. Market is Estimated at $48.8 Million, While China is Forecast to Grow at 6.5% CAGR Chemical Enhanced Oil Recovery (EOR / IOR) market in the U.S. is estimated at US$48.8 Million in the year 2020 and is forecast to reach more than US$60 Million by the end of the analysis period.
China is forecast to reach a projected market size of more than US$500 Million by the year 2027 trailing a CAGR of 6.5% over the period 2020-2027. Among the other noteworthy geographic markets are Canada and Europe, each forecast to grow at 4.5% and 4.4% respectively over the analysis period.
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to a digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 Pandemic on Oil and Gas Producers in Developing Countries
- Competitive Market Presence - Strong/Active/Niche/Trivial for 69 Players Worldwide in 2022 (E)
- Enhanced Oil Recovery (EOR): Critical for Unlocking the Potential of Unrecoverable Oil Reserves
- Types of EOR Techniques
- Chemical Enhanced Oil Recovery (cEOR): A Highly Effective EOR Method
- Global Market Prospects & Outlook
- Competition
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS (Total 69 Featured)
- BASF SE
- Beijing Hengju Chemical Group Corp
- ChampionX
- Chevron Phillips Chemical Company LLC
- Clariant AG
- Halliburton Company
- Huntsman Corporation
- Kemira Oyj
- Oil Chem Technologies LLC
- Sasol Limited
- Shell Chemicals
- SNF
- The Dow Chemical Company
3. MARKET TRENDS & DRIVERS
- Energy Demand and the Need to Increase Crude Oil Production: A Significant Opportunity for Chemical EOR Market
- Oil and Gas Companies Set to Adjust Spending in Near Term
- Rise in Number of Mature Oil Fields Augurs Well for the EOR Chemicals Market
- A Glance at Select Chemical EOR Projects Worldwide
- With Renewables Unable to Meet Energy Needs, Sustained Demand for Fossil Fuels to Accelerate Market Growth
- Market to Benefit from the Trend towards Exploration of Unconventional Resources & Deep Drilling Projects
- Polymer Flooding: The Primary cEOR Method
- Polyacrylamide (PAM) for Seamless Processing of Subsurface Applications
- New Polymers Come to Fore in cEOR Applications
- Bio-based Polymer Materials Gain Traction
- Magnetic Nanoparticles (MNPs) Effective in Contaminant Removal in Polymer Flooding Process
- TRF Technique to Detect Residual Polymers in Water On-Site
- Alkaline Flooding Solutions Continue to Find Demand
- Consistent Demand for Surfactant Flooding Solutions
- Alkaline-Surfactant-Polymer Flooding: Popular Combination Flooding Method
- Microbial Enhanced Oil Recovery: An Eco-Friendly Alternative to Petro-based EOR Chemicals
- MEOR Technology Developments in China: An Overview
- Microbial Enhanced Oil Recovery (MEOR) Field Tests in China: Percentage Breakdown of Number of Field Tests by Type
- Worldwide Microbial Enhanced Oil Recovery (MEOR) Field Tests: Percentage Breakdown of Number of Field Tests by Type
- Rising Prominence of Hybrid Materials in Chemical EOR Methods
- Companies Focus on Innovative Chemicals to Maximize Oil Recovery
- Green Nanoparticles for EOR Processes
- Green Surfactants Drive Advancements in Enhanced Oil Recovery (EOR) Techniques
- Types and Uses of Surfactants in CEOR
- Green Surfactants Emerge as Eco-Friendly Alternatives
- Lignin Black Liquor As Sacrificial Agent in Enhanced Oil Recovery Process
- Chemical EOR: A Potential Solution for Cleaner and More Energy
- Impact of Chemical EOR on Thin Oil Rim Reservoirs
- Oil Price Volatility Impacts Chemical EOR Market
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/s8owdp
