Press release
Enhanced Oil Recovery Market Expected to Rise at a CAGR of 7.71% during 2023-2028
Enhanced Oil Recovery Market
Enhanced oil recovery (EOR) refers to the process of crude oil extraction thermally, physically, or chemically from an oil field. It is also called the tertiary recovery method that includes several techniques, including microbial injection, thermal injection, and gas injection majorly adopted when the primary and secondary methods are unproductive. At present, oil extracting companies are inclining toward EOR as primary and secondary oil recovery methods that are integrated with advanced technologies in order to enhance onshore methods.
Get a Free Sample Copy of this Report: https://www.imarcgroup.com/enhanced-oil-recovery-market/requestsample
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Enhanced Oil Recovery Market Trends:
Significant growth in the oil and gas industry majorly drives the global market. This is supported by the rising application of EOR technologies in the oil and gas industry due to the rising exploration activities and rapid depletion of fossil fuels across the globe. Along with this, the increasing shift from traditional gas, chemical, and heat injections to the CO2-EOR technique to enhance the output of aging oil fields is significantly supporting the market globally. Moreover, the growing environmental concerns regarding carbon emissions are further encouraging the utilization of carbon capture and storage (CCS), thereby creating a positive market outlook. Other factors driving the market further include extensive research and development (R&D) activities and rapid industrialization.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/enhanced-oil-recovery-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
• Basf Se
• Halliburton Corporation
• Royal Dutch Shell Plc
• Schlumberger Ltd.
• Chevron Phillips Chemical Corporation
• Fmc Technologies Inc.
• National Aluminium Company Limited (NALCO)
• Praxair Inc.
• Secure Energy Services Inc.
• Xytel Corporation
• Equinor ASA
• BP Plc
Enhanced Oil Recovery Market Segmentation:
Our report has categorized the market based on region, technology and application.
Breakup by Technology:
• Thermal-Enhanced Oil Recovery
• Gas-Enhanced Oil Recovery
• Chemical-Enhanced Oil Recovery
• Others
Breakup by Application:
• Onshore
• Offshore
Regional Insights:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
Browse Other Reports of IMARC Group:
Content Delivery Network (CDN) Market: https://www.einpresswire.com/article/591225871/content-delivery-network-cdn-market-estimated-to-reach-us-36-6-billion-globally-by-2027-cagr-of-14-98
Digital Twin Market: https://www.einpresswire.com/article/591224026/digital-twin-market-trends-future-growth-global-survey-and-in-depth-analysis-research-report-2022-2027
Real Estate Market: https://www.einpresswire.com/article/591047384/real-estate-market-size-business-strategies-global-survey-and-in-depth-analysis-research-report-2022-2027
Facial Recognition Market: https://www.einpresswire.com/article/590636494/facial-recognition-market-estimated-to-exceed-us-15-6-billion-globally-by-2027-cagr-of-21-2
Palm Oil Market: https://www.einpresswire.com/article/590107589/palm-oil-market-2022-industry-trends-value-volume-growth-global-survey-and-forecast-by-2027
Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Enhanced Oil Recovery Market Expected to Rise at a CAGR of 7.71% during 2023-2028 here
News-ID: 2814309 • Views: …
More Releases from IMARC Group
Retirement Planning Services Business Plan 2025: Market Overview and Investment …
IMARC Group's "Retirement Planning Services Business Plan and Project Report 2025: Industry Trends, Business Setup, Revenue Model, Investment Opportunities, Income, Expenses, and Profitability" delivers a complete framework for establishing and managing a profitable retirement planning services firm. This report provides detailed insights into market trends, investment opportunities, financial forecasts, and operational models. It serves as a vital tool for entrepreneurs, consultants, and investors aiming to evaluate business feasibility or enhance…
Indonesia Facility Management Market Overview & Statistics, Size, Share, Industr …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Facility Management Market Report by Facility Management Type (Inhouse Facility Management, Outsourced Facility Management), Offering Type (Hard FM, Soft FM), End User (Commercial, Institutional, Public/Infrastructure, Industrial, Others), and Region 2025-2033," the report presents a thorough review featuring the Indonesia facility management market share, growth, trends, and research of the industry.
Market Size & Future Growth Potential:
The Indonesia…
Singapore Logistics Market Statistics & Trends, Outlook, Size, Share, Industry A …
As indicated in the latest market research report published by IMARC Group, titled "Singapore Logistics Market Report by Model Type (2 PL, 3 PL, 4 PL), Transportation Mode (Roadways, Seaways, Railways, Airways), End Use (Manufacturing, Consumer Goods, Retail, Food and Beverages, IT Hardware, Healthcare, Chemicals, Construction, Automotive, Telecom, Oil and Gas, Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It…
Milk Processing Plant Setup in India 2025: Business Plan, Opportunities, Cost, a …
Overview: Expanding Opportunities in India's Dairy Processing Sector
India's dairy industry is witnessing unprecedented growth, driven by rising consumption of milk and milk-based products, increasing urbanization, and government initiatives supporting rural dairy development. Within this expanding sector, the establishment of a milk processing plant presents a promising business opportunity for entrepreneurs and investors. Milk processing is a crucial component of the dairy value chain, transforming raw milk into products such as…
More Releases for Enhanced
Enhanced Gas Recovery Market
"Enhanced gas recovery is improving energy extraction methods-explore the growing demand driven by the oil and gas industry."
On March 10, 2025, Exactitude Consultancy., Ltd. Newly released a research report titled "Enhanced Gas Recovery Market". The enhanced gas recovery (EGR) market is growing due to the increasing demand for advanced technologies that help improve the efficiency of natural gas extraction from reservoirs. Enhanced gas recovery techniques, such as CO2 injection and…
Marketing Analytics Market - Need For Enhanced Content Sharing and Enhanced Cust …
The global marketing analytics market is gaining from the profound benefits of marketing analytics that help marketers to evaluate the outcome of their efforts. Besides lead generation and sales analytics, marketing analytics provide valuable insights into customer preferences and trends. In addition, marketing analytics solutions allow marketers to monitor online marketing campaigns and their respective success analytics, which helps them to allocate money for the most successful campaigns.
Obtain Report Details…
Enhanced Vision System Market (System - Synthetic Vision System and Enhanced Vis …
Global Enhanced Vision System Market: Snapshot
The global enhanced vision system market is on a growth trajectory on account of radical improvements in the aerospace sector for aircraft safety. Top notch aircraft manufacturers are opting for hi-tech avionics and navigation systems to raise alarm in the event of a possible danger. Enhanced vision systems help to provide a detailed view of the terrain along with monitoring of various obstacles that may…
RateTiger adds enhanced intelligence reporting
London, 17 October, 2011: RateTiger has released RTSuite Version 2.8 featuring a greatly enhanced Reservation Report and the integration of its award-winning innovation – StrategyEngine, into its comprehensive full service channel management product. The combination of Reservation Reporting, Strategy Engine, Channel Management and Shopping will make RTSuite a complete control center giving hotels utmost visibility of each sales channel performance.
With the fast paced growth of online bookings, hoteliers need to…
Enhanced services for CeBIT visitors
Room reservations in 17 languages
- Late-night shopping in downtown Hannover
Hannover, Gemany. The final countdown for CeBIT 2010 has started — including for hotel reservations in the greater Hannover area. This year visitors and exhibitors at CeBIT 2010 can take advantage of an even more comprehensive reservation service offered by Hannover Marketing und Tourismus GmbH (HMTG). Deutsche Messe and HMTG have teamed up since October 2009 to develop a standardized…
LeadingRE Announces Enhanced Educational Offerings
CHICAGO (8/20/08) – Leading Real Estate Companies of the World® has launched an enhanced version of the LeadingRE Institute, its online educational portal for member brokers, managers and sales associates.
New features of the subscription-based program include the LeadingRE Power Producers program for top sales associates, monthly webinars and coaching calls for brokers and managers conducted by leading industry coaches, special “train the trainer” courses, audio interviews with top…
