Global Chemical Enhanced Oil Recovery (EOR / IOR) Markets Report 2022: A $1.1 Billion Market by 2027 – Rise in Number of Mature Oil Fields Augurs Well for the EOR Chemicals Market – ResearchAndMarkets.com

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?

  • Global competitiveness and percentage market shares of key competitors

  • Market Presence in Multiple Regions – Strong/Active/Niche/Trivial

  • Interactive online peer-to-peer collaborative customized updates

  • Access to a digital archive and a research platform

  • Free updates for one year

Main topics covered:

I. METHODOLOGY

II. SUMMARY

1. MARKET OVERVIEW

  • Impact of the COVID-19 pandemic on oil and gas producers in developing countries

  • Competitive market presence – strong/active/niche/trivial for 69 players worldwide in 2022 (E)

  • Enhanced Oil Recovery (EOR): Critical to unlocking the potential of undevelopable oil reserves

  • Types of EOR Techniques

  • Chemical Enhanced Oil Recovery (cEOR): A highly effective EOR method

  • Global market prospects and outlook

  • contest

  • Current market activity

2. FOCUS ON SELECTED PLAYERS (total 69 in focus)

  • BASF SE

  • Beijing Hengju Chemical Group Corp

  • ChampionX

  • Chevron Phillips Chemical Company LLC

  • ClariantAG

  • Halliburton company

  • Huntsman Corporation

  • Kemira Oyj

  • Oil Chem Technologies LLC

  • Sasol Limited

  • Shell Chemicals

  • SNSF

  • The Dow Chemical Company

3. MARKET TRENDS & DRIVERS

  • Energy Demands and the Need to Increase Crude Oil Production: A Significant Opportunity for the Chemical EOR Market

  • Oil and gas companies will adjust spending in the short term

  • Rise in mature oilfields bodes well for EOR chemicals market

  • A look at selected chemical EOR projects worldwide

  • With renewable energy failing to meet energy demand, continued demand for fossil fuels will accelerate market growth

  • market to capitalize on the trend towards unconventional resource exploration and deep drilling projects

  • Polymer Flooding: The primary cEOR method

  • Polyacrylamide (PAM) for seamless processing of substrate applications

  • New polymers are coming to the fore in cEOR applications

  • Bio-based polymer materials are gaining traction

  • Magnetic nanoparticles (MNPs) effective in removing contaminants in the polymer flooding process

  • TRF technique for on-site detection of residual polymers in water

  • Alkaline flooding solutions continue to be in demand

  • Constant demand for surfactant flooding solutions

  • Alkaline Surfactant Polymer Flooding: Popular combined flooding process

  • Microbial Enhanced Oil Recovery: An eco-friendly alternative to petro-based EOR chemicals

  • MEOR Technology Developments in China: An Overview

  • Microbial Enhanced Oil Recovery (MEOR) Field Tests in China: Percentage Breakdown of Number of Field Tests by Type

  • Global Microbial Oil Recovery (MEOR) Field Tests: Percentage Breakdown of Number of Field Tests by Type

  • Increasing importance of hybrid materials in chemical EOR methods

  • Companies focus on innovative chemicals to maximize oil yield

  • Green nanoparticles for EOR processes

  • Green surfactants are driving advances in enhanced oil recovery (EOR) techniques

  • Types and uses of surfactants in CEOR

  • Green surfactants are proving to be environmentally friendly alternatives

  • Lignin black liquor as a sacrificial agent in an improved oil recovery process

  • Chemical EOR: A possible solution for more cleanliness and more energy

  • Effects of chemical EOR on thin oil margin reservoirs

  • 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

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