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Market Research Report
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1045639

Global Enhanced Oil Recovery Market Size study, by Technology (Thermal, Chemical, Gas), by Application (Onshore, Offshore) and Regional Forecasts 2021-2027

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Enhanced Oil Recovery Market Size study, by Technology (Thermal, Chemical, Gas), by Application (Onshore, Offshore) and Regional Forecasts 2021-2027
Published: January 8, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
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Description

Global Enhanced Oil Recovery Market is valued at approximately USD 43.3 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.5 % over the forecast period 2021-2027. Enhanced Oil Recovery is a measure of the completeness of extraction of oil from a bed. Oil recovery also refers to the degree of depletion of an oil bed. Rise in production of oil from maturing oilfields and gas Injection technique has led the adoption of Enhanced Oil Recovery across the forecast period. For Instance: According to International Energy Agency (IEA) in 2018, the gas injection was expected to account for approximately 60% of EOR production in the United States, with a growing emphasis on CO2-based EOR. Also, with the focus on heavy oil production, the adoption & demand for Enhanced Oil Recovery is likely to increase the market growth during the forecast period. However, increasing adoption of renewable energy impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Enhanced Oil Recovery market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the unconventional resources in the Gulf of Mexico. Whereas, Asia-Pacific is also anticipated to exhibit a significant growth rate over the forecast period 2021-2027. Factors such as increasing investments in the upstream sector by several governments and aging oil and gas fields would create lucrative growth prospects for the Enhanced Oil Recovery market across Asia-Pacific region.

Major market players included in this report are:

ChampionX (US)

Halliburton (US)

Schlumberger (US)

Baker Hughes Company (US)

Royal Dutch Shell Plc (Netherlands)

BP Plc (UK)

BASF SE (Germany)

Linde Plc (Ireland)

Air Liquide (France)

Technip FMC (UK)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

Thermal

Chemical

Gas

By Application:

Onshore

Offshore

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Enhanced Oil Recovery Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Global Enhanced Oil Recovery Market, by Region, 2019-2027 (USD Billion)
    • 1.2.2. Global Enhanced Oil Recovery Market, by Technology, 2019-2027 (USD Billion)
    • 1.2.3. Global Enhanced Oil Recovery Market, by Application, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Enhanced Oil Recovery Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Enhanced Oil Recovery Market Dynamics

  • 3.1. Enhanced Oil Recovery Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing production from maturing oilfields
      • 3.1.1.2. Gas Injection Technique to Dominate the Market
    • 3.1.2. Market Challenges
      • 3.1.2.1. Increasing adoption of renewable energy
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Focus on heavy oil production

Chapter 4. Global Enhanced Oil Recovery Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Enhanced Oil Recovery Market, by Technology

  • 6.1. Market Snapshot
  • 6.2. Global Enhanced Oil Recovery Market by Technology, Performance - Potential Analysis
  • 6.3. Global Enhanced Oil Recovery Market Estimates & Forecasts by Technology, 2018-2027 (USD Billion)
  • 6.4. Enhanced Oil Recovery Market, Sub Segment Analysis
    • 6.4.1. Thermal
    • 6.4.2. Chemical
    • 6.4.3. Gas

Chapter 7. Global Enhanced Oil Recovery Market, by Application

  • 7.1. Market Snapshot
  • 7.2. Global Enhanced Oil Recovery Market by Application, Performance - Potential Analysis
  • 7.3. Global Enhanced Oil Recovery Market Estimates & Forecasts by Application, 2018-2027 (USD Billion)
  • 7.4. Enhanced Oil Recovery Market, Sub Segment Analysis
    • 7.4.1. Onshore
    • 7.4.2. Offshore

Chapter 8. Global Enhanced Oil Recovery Market, Regional Analysis

  • 8.1. Enhanced Oil Recovery Market, Regional Market Snapshot
  • 8.2. North America Enhanced Oil Recovery Market
    • 8.2.1. U.S. Enhanced Oil Recovery Market
      • 8.2.1.1. Technology breakdown estimates & forecasts, 2018-2027
      • 8.2.1.2. Application breakdown estimates & forecasts, 2018-2027
    • 8.2.2. Canada Enhanced Oil Recovery Market
  • 8.3. Europe Enhanced Oil Recovery Market Snapshot
    • 8.3.1. U.K. Enhanced Oil Recovery Market
    • 8.3.2. Germany Enhanced Oil Recovery Market
    • 8.3.3. France Enhanced Oil Recovery Market
    • 8.3.4. Spain Enhanced Oil Recovery Market
    • 8.3.5. Italy Enhanced Oil Recovery Market
    • 8.3.6. Rest of Europe Enhanced Oil Recovery Market
  • 8.4. Asia-Pacific Enhanced Oil Recovery Market Snapshot
    • 8.4.1. China Enhanced Oil Recovery Market
    • 8.4.2. India Enhanced Oil Recovery Market
    • 8.4.3. Japan Enhanced Oil Recovery Market
    • 8.4.4. Australia Enhanced Oil Recovery Market
    • 8.4.5. South Korea Enhanced Oil Recovery Market
    • 8.4.6. Rest of Asia Pacific Enhanced Oil Recovery Market
  • 8.5. Latin America Enhanced Oil Recovery Market Snapshot
    • 8.5.1. Brazil Enhanced Oil Recovery Market
    • 8.5.2. Mexico Enhanced Oil Recovery Market
  • 8.6. Rest of The World Enhanced Oil Recovery Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. ChampionX(US)
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Halliburton (US)
    • 9.2.3. Schlumberger (US)
    • 9.2.4. Baker Hughes Company (US)
    • 9.2.5. Royal Dutch Shell Plc (Netherlands
    • 9.2.6. BP Plc (UK)
    • 9.2.7. BASF SE(Germany)
    • 9.2.8. Linde Plc (Ireland)
    • 9.2.9. Air Liquide (France)
    • 9.2.10. Technip FMC(UK)

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Enhanced Oil Recovery market, report scope
  • TABLE 2. Global Enhanced Oil Recovery market estimates & forecasts by Region 2018-2027 (USD Billion)
  • TABLE 3. Global Enhanced Oil Recovery market estimates & forecasts by Technology 2018-2027 (USD Billion)
  • TABLE 4. Global Enhanced Oil Recovery market estimates & forecasts by Application 2018-2027 (USD Billion)
  • TABLE 5. Global Enhanced Oil Recovery market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 6. Global Enhanced Oil Recovery market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Global Enhanced Oil Recovery market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Enhanced Oil Recovery market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Enhanced Oil Recovery market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Enhanced Oil Recovery market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Enhanced Oil Recovery market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Enhanced Oil Recovery market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Enhanced Oil Recovery market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Enhanced Oil Recovery market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. U.S. Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. U.S. Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 17. U.S. Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 18. Canada Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. Canada Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 20. Canada Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 21. UK Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 22. UK Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 23. UK Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 24. Germany Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 25. Germany Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. Germany Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 27. RoE Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 28. RoE Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. RoE Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 30. China Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 31. China Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. China Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 33. India Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 34. India Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. India Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 36. Japan Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 37. Japan Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. Japan Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 39. RoAPAC Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 40. RoAPAC Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. RoAPAC Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 42. Brazil Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 43. Brazil Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. Brazil Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 45. Mexico Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 46. Mexico Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. Mexico Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 48. RoLA Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 49. RoLA Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. RoLA Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 51. Row Enhanced Oil Recovery market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 52. Row Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. Row Enhanced Oil Recovery market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 54. List of secondary sources, used in the study of global Enhanced Oil Recovery market
  • TABLE 55. List of primary sources, used in the study of global Enhanced Oil Recovery market
  • TABLE 56. Years considered for the study
  • TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Enhanced Oil Recovery market, research methodology
  • FIG 2. Global Enhanced Oil Recovery market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Enhanced Oil Recovery market, key trends 2020
  • FIG 5. Global Enhanced Oil Recovery market, growth prospects 2021-2027
  • FIG 6. Global Enhanced Oil Recovery market, porters 5 force model
  • FIG 7. Global Enhanced Oil Recovery market, pest analysis
  • FIG 8. Global Enhanced Oil Recovery market, value chain analysis
  • FIG 9. Global Enhanced Oil Recovery market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Enhanced Oil Recovery market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Enhanced Oil Recovery market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Enhanced Oil Recovery market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Enhanced Oil Recovery market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Enhanced Oil Recovery market, regional snapshot 2018 & 2027
  • FIG 15. North America Enhanced Oil Recovery market 2018 & 2027 (USD Billion)
  • FIG 16. Europe Enhanced Oil Recovery market 2018 & 2027 (USD Billion)
  • FIG 17. Asia pacific Enhanced Oil Recovery market 2018 & 2027 (USD Billion)
  • FIG 18. Latin America Enhanced Oil Recovery market 2018 & 2027 (USD Billion)
  • FIG 19. Global Enhanced Oil Recovery market, company market share analysis (2020)