04 December 2019
Visiongain’s new report Thermal Enhanced Oil Recovery (EOR) Market Report: CAPEX & OPEX ($mn) & Production (bpd) Forecasts for Oil Sands, Heavy Oil, Steam Injection (Cyclic Steam Stimulation (CSS), Steam Flooding), Steam-Assisted Gravity Drainage (SAGD) & Other Technologies Plus Detailed Project Tables & Analysis of Leading Companies indicates that the global market will see $20,202 million in spending in 2020.
The lead analyst of the report said: "The demand of thermal enhanced oil recovery (EOR) market is expected to increase in the coming years owing to continuous work over oil fields, rapid depletion of fossil fuels, increasing long-term demand for oil are the prime factors propelling the demand of thermal enhanced oil recovery (EOR) market globally. There is increasing oil production in Canada, US, Venezuela, Indonesia, etc., which is expected to drive the demand for thermal enhanced oil recovery (EOR) market."
The 203+ page report contains 200+ tables, charts, and graphs that add visual analysis in order to explain developing trends within the thermal enhanced oil recovery (EOR) market. Visiongain provides sales revenue forecasts for the period 2020-2030 for the various submarkets. The report offers market forecast and analysis for 2 methods, 2 technologies and 10 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more 10 companies leading in the field of thermal enhanced oil recovery (EOR) market.
The Thermal Enhanced Oil Recovery (EOR) Market Report 2020-2030 report will be of value to anyone who wants to better understand the thermal enhanced oil recovery (EOR) Market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the thermal enhanced oil recovery (EOR) industry.
Notes for Editors
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The COVID-19 crisis has dramatically affected oil and gas production and demand, leaving no midstream markets untouched as drilling screeched to a halt, pipeline projects were sidelined and global storage neared capacity in a stark reversal of trends at the start of 2020.
25 November 2020
Increasing oil consumption, high recovery rates through successful implementation of CEOR, coupled with high cost of new exploration is expected to drive the implementation of CEOR over the coming years.
22 October 2020
Visiongain expects that various public support mechanisms will remain the principal driver throughout the forecast period. Estimates for the cost of CCS range between research papers as well as between capture technologies and plant characteristics.
02 October 2020
Supply gap due to production halt brought about by COVID-19 pandemic is expected restrict sales growth. However, the rising demand for coal tar products from the healthcare sector is expected to stabilize market growth during the forecast period.