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Enhanced Oil Recovery (EOR) Market Analysis and Forecast to 2027 by Prominent Key Players ConocoPhillips Company, Equinor ASA, Exxon Mobil Corporation, Nalco Champion (Ecolab Inc.)

07-06-2020 01:26 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight Partners

Enhanced Oil Recovery (EOR) Market Analysis and Forecast to 2027

Enhanced oil recovery (EOR), also known as the tertiary oil recovery refers to the extraction of crude oil from an oil field which cannot be extracted otherwise. This process also aims towards increasing the amount of oil along with condensate and natural gas recovered from the reservoirs. EOR is highly effective in improving the returns from an oil well as it can extract more amount of oil from reservoirs compared to primary and secondary recovery.

MARKET DYNAMICS
The enhanced oil recovery market is anticipated to grow in the forecast period owing to driving factors such as growing oil demands and imports in the emerging economies coupled with increasing number of matured wells. Investments in R&D for development of new resources further drive the enhanced oil recovery market growth. However, associated environmental issues such as brine contamination hinder the growth of the enhanced oil recovery market.

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The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Chemicals and Materials, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Enhanced oil recovery (EOR) Market globally. This report on Enhanced oil recovery (EOR) Market provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcases market trends and forecast to 2027, factoring the impact of Covid -19 Situation.

MARKET SCOPE
The "Global Enhanced Oil Recovery (EOR) Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the enhanced oil recovery market with detailed market segmentation by technology, application and geography. The global enhanced oil recovery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading enhanced oil recovery market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The global enhanced oil recovery market is segmented on the basis of technology and application. Based on technology, the market is segmented as thermal, gas injection, chemical and others. On the basis of the application, the market is segmented as onshore and offshore.

MARKET PLAYERS
The reports cover key developments in the enhanced oil recovery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from enhanced oil recovery market are anticipated to lucrative growth opportunities in the future with the rising demand for enhanced oil recovery in the global market. Below mentioned is the list of few companies engaged in the enhanced oil recovery market.

The report also includes the profiles of key enhanced oil recovery companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• BP p.l.c.
• Chevron Phillips Chemical Company LLC
• China Petroleum & Chemical Corporation
• ConocoPhillips Company
• Equinor ASA
• Exxon Mobil Corporation
• Nalco Champion (Ecolab Inc.)
• Petrobras
• PJSC Lukoil
• Royal Dutch Shell plc

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Table of Contents

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Enhanced Oil Recovery (EOR) Market - By Technology
1.3.2 Enhanced Oil Recovery (EOR) Market - By Application
1.3.3 Enhanced Oil Recovery (EOR) Market - By Region
1.3.3.1 By Country

2. KEY TAKEWAYS

3. RESEARCH METHODOLOGY

4. ENHANCED OIL RECOVERY (EOR) MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. ENHANCED OIL RECOVERY (EOR) MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

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Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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