03 June 2019
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.
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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
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02 October 2020
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