Press release
Enhanced Oil Market to touch US$ 41.35 Billion globally by 2026 – Analysis by Top Key Company’s (BASF SE, Chevron Phillips, British Petroleum, ExxonMobil, Schlumberger, Lukoil Oil)
Enhanced Oil Recovery Market
Overview of the Global Enhanced Oil Recovery Market:
The report spread across 170 pages is an overview of the Global Enhanced Oil Recovery Market. These report study based on the Enhanced Oil Recovery Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies. Enhanced Oil Recovery Market Research Report is a meticulous investigation of current scenario of the market, which covers several market dynamics.
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The Global Enhanced Oil Recovery Market is accounted for $22.23 Billion in 2017 and is expected to reach $41.35 Billion by 2026 growing at a CAGR of 7.1% during the forecast period.
Factors such as increasing number of mature oil fields worldwide, rising depletion in oil reserves and technological advancements are propelling the market growth. However, high cost incurred in the procedure, technical and operational issues are hindering the market growth. Moreover, focus on heavy oil reservoirs provides opportunities for the market growth.
Enhanced oil recovery is the performance of various techniques for raising the amount of crude oil that can be extracted from an oil field. Enhanced oil recovery is also called tertiary recovery. There are three primary techniques for enhanced oil recovery they are thermal recovery, gas injection, and chemical injection.
On the basis of geographic analysis, North America is the major revenue contributor due to presence of a huge mature oil and gas asset base in Gulf of Mexico and availability of a good potential for unconventional sources of oil and gas in various countries such as Canada and US.
A complete analysis of the competitive landscape of the Global Enhanced Oil Recovery Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Enhanced Oil Recovery Market players.
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Major Key Players:
1 BASF SE
2 Chevron Phillips Chemical Company
3 British Petroleum
4 ExxonMobil Corporation
5 Oil and Natural Gas Corporation Ltd
6 Schlumberger Ltd
7 Lukoil Oil Co.
8 TechnipFMC
9 Equinor
10 Abu Dhabi National Oil Company and More………………
Market Segment by Technologies:
1 Chemical-Enhanced Oil Recovery
2 Gas-Enhanced Oil Recovery
3 Thermal-Enhanced Oil Recovery
4 Other Enhanced Oil Recovery Techniques
Market Segment by Applications:
1 Offshore
2 Onshore
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This study answers to the below key questions:
1 What will the market size be in 2026 and what will the growth rate be?
2 What are the key market trends?
3 What is driving this market?
4 What are the challenges to market growth?
5 Who are the key vendors in this market space?
6 What are the market opportunities and threats faced by the key vendors?
7 What are the strengths and weaknesses of the key vendors?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Enhanced Oil Recovery Market.
Table of Contents:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Enhanced Oil Recovery Market, By Technology
6 Global Enhanced Oil Recovery Market, By Application
7 Global Enhanced Oil Recovery Market, By Geography
8 Key Developments
9 Company Profiling
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We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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