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“Visiongain has forecasted that Chemical Enhanced Oil Recovery (EOR) Market will experience spending of $2.89bn in 2019 as use increases on ageing oilfields to improve recovery rates and extend life”

03 June 2019
Energy

Visiongain’s updated 253-page Chemical Enhanced Oil Recovery (EOR) Market 2019-2029: Spending ($m) and Production (MMbbls/yr) Forecasts by Chemical (ASP, Polymer, Surfactant, Biopolymer, ASP/Polymer and Polymer/ Surfactant) Plus Forecasts for Major Regions and Countries and Leading Companies in the Sector indicates that the chemical EOR market will experience spending of $2.89bn in 2019.

The report includes 200+ tables, charts, and graphs that analyse the chemical EOR market. Forecasts (spending and production) are provided for 6 technology submarkets (polymer, ASP, surfactant, biopolymer, ASP/polymer, polymer/surfactant) and 15 leading national and regional markets (China, Canada, Russia, Oman, Rest of the Middle East, Indonesia, Venezuela, Colombia, Rest of Latin America, US, India, Mexico, North Sea, Malaysia, Rest of the World). The report also provides profiles (including market shares) for the leading chemical EOR project operators, as well as profiling the leading companies providing chemicals for EOR.

The global chemical enhanced oil recovery (cEOR) market is anticipated to expand significantly over the next decade, driven by energy security requirements, increasing global oil demand and technology development. Though oil prices are currently rebounding to the highest levels seen in 3-4 years encouraging both production and spending in EOR as companies aim to maximise revenue and profits. Over the next ten years as pilot projects are established and move towards commercial production.

The Chemical Enhanced Oil Recovery (EOR) Market 2019-2029 report will be of value to anyone who wants to better understand the industry and its dynamics. It will be useful for businesses already involved in segment of the chemical EOR market, or for those wishing to enter this growing market in the future.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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