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Enhanced Oil Recovery Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022

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Enhanced Oil Recovery Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022

February 21
18:25 2017

Stratistics MRC, one stop shop for all your market research needs.
According to Stratistics MRC, the Global Enhanced Oil Recovery market is accounted for $25.29 billion in 2015 and is expected to reach $106.4 billion by 2022 growing at a CAGR of 22.8%. Growing demand for energy, reinforcing existing reserves, growing oil demand & imports in Asia Pacific region and depleting oil reserves are some of the major factors driving the global Enhanced Oil Recovery market. Whereas high capital cost, technical & operational challenges are factors hampering the market.

Onshore application segment is estimated to dominate the market owing to the presence of the large number of mature and aged wells in comparison to offshore segment; hence the demand for such technologies is emerging. Moreover, the chemical and gas segment in technology is expected to grow at abundant level attributing to its use in oilfields for enhancing water flooding efficiency and boosting surfactants effectiveness. In addition to that North America is estimated to be the largest market sharing region with affect of mature wells presence in the region. Asia Pacific region is expected to be the fastest growing region, with the industrialization & expansion of oil & gas industry.

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Some of the key players of the Enhanced Oil Recovery market include BASF SE, BP P.L.C., Cenovus Energy Inc, Chevron Phillips Chemical Company LP, China Petroleum & Chemical Corporation, ExxonMobil Corporation, Halliburton Corporation, Lukoil Oil Company, Nalco Company, Petroleo Brasileiro S.A, Petroliam Nasional Berhad (Petronas), Praxair Technology, Inc., Praxair Technology, Inc., Royal Dutch Shell plc., Schlumberger Ltd., and Statoil ASA.

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http://www.strategymrc.com/report/enhanced-oil-recovery-market-2016

Scope of the Report:

Technologies Covered:
• Thermal enhanced oil recovery
• Gas/CO2 enhanced oil recovery
• Microbial and Seismic enhanced oil recovery
• Chemical enhanced oil recovery
• Other Technologies

Applications Covered:
• Offshore
• Onshore

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain     
o Rest of Europe 
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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About Stratistics MRC

We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

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