DUBLIN–(BUSINESS WIRE)–Added Chemical Enhanced Oil Recovery (EOR/IOR) – Global Market Trajectory & Analytics report ResearchAndMarkets.com Offer.
The global chemically enhanced oil recovery (EOR/IOR) market is projected to reach $1.1 billion by 2027
Amid the COVID-19 crisis, the global chemically enhanced oil recovery (EOR/IOR) market, valued at US$776 million in 2020, is projected to reach a revised size of US$1.14 billion by 2027 and grow at an annual growth rate of 4.9%. in the period 2020-2027.
Polymer Flooding, one of the segments analyzed in the report, is expected to register a CAGR of 5.3% and reach US$593 million by the end of the analysis period.
The US market is valued at US$48.8 million while China is forecast to grow at 6.5% CAGR. The chemically enhanced oil recovery (EOR/IOR) market in the US is valued at US$48.8 million in 2020 and is forecast to reach more than US$60 million by the end of the analysis period.
China is forecast to reach a projected market size of more than US$500 million by the year 2027, at a CAGR of 6.5% over the period 2020-2027. Other notable geographic markets include Canada and Europe, which are expected to grow by 4.5% and 4.4%, respectively, for the analysis period.
What’s new for 2022?
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Global competitiveness and percentage market shares of key competitors
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Market Presence in Multiple Regions – Strong/Active/Niche/Trivial
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Interactive online peer-to-peer collaborative customized updates
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Access to a digital archive and a research platform
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Free updates for one year
Main topics covered:
I. METHODOLOGY
II. SUMMARY
1. MARKET OVERVIEW
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Impact of the COVID-19 pandemic on oil and gas producers in developing countries
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Competitive market presence – strong/active/niche/trivial for 69 players worldwide in 2022 (E)
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Enhanced Oil Recovery (EOR): Critical to unlocking the potential of undevelopable oil reserves
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Types of EOR Techniques
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Chemical Enhanced Oil Recovery (cEOR): A highly effective EOR method
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Global market prospects and outlook
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contest
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Current market activity
2. FOCUS ON SELECTED PLAYERS (total 69 in focus)
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BASF SE
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Beijing Hengju Chemical Group Corp
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ChampionX
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Chevron Phillips Chemical Company LLC
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ClariantAG
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Halliburton company
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Huntsman Corporation
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Kemira Oyj
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Oil Chem Technologies LLC
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Sasol Limited
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Shell Chemicals
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SNSF
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The Dow Chemical Company
3. MARKET TRENDS & DRIVERS
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Energy Demands and the Need to Increase Crude Oil Production: A Significant Opportunity for the Chemical EOR Market
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Oil and gas companies will adjust spending in the short term
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Rise in mature oilfields bodes well for EOR chemicals market
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A look at selected chemical EOR projects worldwide
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With renewable energy failing to meet energy demand, continued demand for fossil fuels will accelerate market growth
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market to capitalize on the trend towards unconventional resource exploration and deep drilling projects
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Polymer Flooding: The primary cEOR method
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Polyacrylamide (PAM) for seamless processing of substrate applications
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New polymers are coming to the fore in cEOR applications
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Bio-based polymer materials are gaining traction
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Magnetic nanoparticles (MNPs) effective in removing contaminants in the polymer flooding process
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TRF technique for on-site detection of residual polymers in water
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Alkaline flooding solutions continue to be in demand
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Constant demand for surfactant flooding solutions
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Alkaline Surfactant Polymer Flooding: Popular combined flooding process
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Microbial Enhanced Oil Recovery: An eco-friendly alternative to petro-based EOR chemicals
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MEOR Technology Developments in China: An Overview
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Microbial Enhanced Oil Recovery (MEOR) Field Tests in China: Percentage Breakdown of Number of Field Tests by Type
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Global Microbial Oil Recovery (MEOR) Field Tests: Percentage Breakdown of Number of Field Tests by Type
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Increasing importance of hybrid materials in chemical EOR methods
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Companies focus on innovative chemicals to maximize oil yield
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Green nanoparticles for EOR processes
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Green surfactants are driving advances in enhanced oil recovery (EOR) techniques
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Types and uses of surfactants in CEOR
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Green surfactants are proving to be environmentally friendly alternatives
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Lignin black liquor as a sacrificial agent in an improved oil recovery process
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Chemical EOR: A possible solution for more cleanliness and more energy
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Effects of chemical EOR on thin oil margin reservoirs
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Oil price volatility is affecting the chemical EOR market
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
For more information about this report, visit https://www.researchandmarkets.com/r/s8owdp
