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Global Enhanced Oil Recovery Market Research Report: Opportunity Analysis and Industry Forecast and is expected to reach $106.4 billion by 2022 growing at a CAGR of 22.8%

08-21-2017 10:59 AM CET | Energy & Environment

Press release from: Orbis Research

Orbis Research has added Latest report on “ -2022 Global Enhanced Oil Recovery Market” by Manufacturers, Regions, Companies and Forecast up to 2022

Description:

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 and operational challenges are the factors hampering the market growth.

Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/222951 .

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.

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.

Browse the full report @ http://www.orbisresearch.com/reports/index/enhanced-oil-recovery-global-market-outlook-2016-2022 .

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

Purchase a copy of this report @ http://www.orbisresearch.com/contact/purchase/222951 .

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

For any enquires before buying, connect with us @ enquiry@orbisresearch.com

About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Us:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +912064101019
For more information contact sales@orbisresearch.com

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