Surfactant EOR Market 2021 - Future Growth, Upgraded technology and Latest Innovations by Trends by Forecast to 2028

The surfactant enhanced oil recovery (EOR) is the technique of recovering traditionally unobtainable crude oil using injection of surfactants. Injecting surfactant reduces the interfacial tension, changes the wettability and increases oil mobility to enhance the amount of oil recovered from previously flooded reservoir. Recently, surfactant EOR have greatly reduced the concentration of surfactants with safer products at lower costs. Surfactant EOR improves the wettability of porous rocks allowing faster flow of water through them and thereby displacing more oil. Other methods in the process include polymer displacement, alkaline displacement, and microbiological treatment.

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The surfactant EOR market is anticipated to grow in the forecast period owing to driving factors such as technological advancements in the product coupled with demands for effective deeper and horizontal drilling techniques in complex terrains. Depleting oil reserves and low-cost manufacturing advantages further contribute to the growth of the surfactant EOR market. Lower concentration of surfactants and development of environmentally safer products offer lucrative opportunities for the surfactant EOR market during the forecast period.

"Global Surfactant EOR Market Analysis to 2028" 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 surfactant EOR market with detailed market segmentation by origin, technique, type, application, and geography. The global surfactant EOR market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading surfactant EOR market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global surfactant EOR market is segmented on the basis of origin, technique, type, and application. By origin, the market is segmented as surfactants and bio surfactants. Based on technique, the market is segmented as ASP flooding and SP flooding. On the basis of the type, the market is segmented as anionic sulfonate, anionic carboxylate, and others. The market on the basis of the application, is classified as onshore and offshore.

Impacts of Covid-19 on the Market

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. This report on ‘surfactant EOR market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of COVID -19 Situation.

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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global surfactant EOR market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The surfactant EOR market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting surfactant EOR market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the surfactant EOR market in these regions.

MARKET PLAYERS

1. BASF SE
2. Halliburton
3. Huntsman International LLC
4. Oil Chem Technologies
5. Sasol Limited
6. Shell International B. V.
7. Solvay S. A.
8. Stepan Company
9. The Dow Chemical Company
10. The Lubrizol Corporation

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