11 July 2019
Visiongain’s new 134 page report Oil Sands Market Report 2019-2029: Forecasts & Analysis by Method (In Situ, Mining, Upgraders), by Region (North America, Latin America, MEA and RoW) and by Key National Market (including the US, Canada, Venezuela, Brazil and More) Plus Analysis of the Leading Companies in the Sector indicates that the oil sands market will experience $86.6bn in spending in 2019 with the anticipated stable oil price scenario. This market is still primarily driven by rising demand for oil and its products.
The lead analyst of the report commented that: "Although the western world is tending towards increased renewable generation, the world is still incredibly reliable upon oil, not only for energy but also to manufacture many products. The major growth regions of China and India drive much of this growth and their demand for oil rises every year and is expected to continue on this trajectory for the time being."
The report contains 120 tables, charts and graphs that add visual analysis in order to explain developing trends within the oil sands market. Visiongain provides forecasts for the period 2019-2029 for the major oil sands submarkets for major regions with these assets. The report also contains extensive project tables outlining major oil sands work both planned and in operation, details include operator name, project name, technology used and capacity, among others.
Oil Sands Market Report 2019-2029 report will be of value to anyone who wants to better understand the oil sands market and its dynamics. 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 oil sands industry.
Notes for Editors
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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.