Your CatalystTo a Lucrative Business Enhanced Oil Recovery (EOR) Market Share, Size, Analysis, Growth, Strategies, Trends and Forecasts to 2025 | Hexa Research "Enhanced Oil Recovery (EOR) Market Worth USD 55.02 Billion By 2025" The global Enhanced Oil Recovery (EOR) Market size is estimated to reach USD 55.02 billion by 2025, fueled by the increasing demand for energy in a broad range of applications including manufacturing, infrastructure and utilities. Rising number of aged wells resulting in low oil output has paved the way for advanced technologies including EOR to achieve optimum production. Keeping these driving factors in mind, companies are focusing on developing advanced technologies to extract more oil from existing wells rather than erecting new wells. For instance, in June 2014, Statoil ASA opened its new research & development center for improved oil recovery at Rotvoll in Trondheim, mid Norway. BP, a producer of energy and EOR, launched the concept of “Bright Water”, which is a thermally activated microscopic particle that increases oil recovery by directing water into potentially untapped oil -rich areas. Since its inception, the technology has undergone several modifications to make it suitable for every type of terrain and age of the well. Browse Details of Report @ https://www.hexaresearch.com/research-report/enhanced-oil-recovery-eormarket Follow Us: Your CatalystTo a Lucrative Business Swift adoption of advanced technologies to enhance output and the presence of a large number of aged wells as compared to other regions has resulted in North America dominating the overall market with a volume share of 42.4% in 2016. A substantial amount of oil production in California and exploration of oil sands in Canada have generated a vast opportunity for the growth of the EOR market in North America. Moreover, favorable government regions supporting E&O activities is expected to boost growth over t he next few years. The presence of a significant number of onshore wells has resulted in the technology being utilized extensively in this application. However, these wells have reached their maturity resulting in lowered output. Nonetheless, untapped potential of offshore wells is expected to drive the demand for the technology in this segment which is likely to lead to a revenue growth of 8.4% from 2017 to 2025. The industry has been marked by the presence of large-scale companies that have been operating in the market for a substantial period including ExxonMobil, BP, Chevron Philips, Shell, and Statoil. These players participate across the value chain and have very few discriminating factors among them. Ageing of wells coupled with rising population resulting in an escalating demand for energy is expected to augment the growth of the EOR market. Hexa Research has segmented the global EOR market on the basis of technology, application and region: Segmentation by Technology, 2014 - 2025 (Million Bbl) (USD Million) • Gas injection • Thermal • Chemical • Others Segmentation by Application, 2014 - 2025 (Million Bbl) (USD Million) • Onshore • Offshore Segmentation by Region, 2014 - 2025 (Million Bbl) (USD Million) • North America • U.S. • Canada • Mexico • Europe • Germany • UK • Russia • Asia Pacific • China • Japan • Australia • Middle East & Africa • Saudi Arabia • Central & South America Follow Us: Your CatalystTo a Lucrative Business Key players analyzed: • China Petroleum & Chemical Corporation • BP plc • ExxonMobil Corporation • Royal Dutch Shell plc • Chevron Phillips Chemical Company LP • Petronas • Nalco Company • Statoil ASA • Lukoil Oil Company • Praxair, Inc. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/energyand-power-industry Follow Us: Your CatalystTo a Lucrative Business Table of Content of Enhanced Oil Recovery (EOR) Market Chapter 1. Market Summary 1.1. Market trends & movement Chapter 2. EOR Market Trends: Drivers & Opportunities 2.1. Introduction 2.2. Key industry trends 2.3. Market drivers 2.4. Market restraints 2.5. Value chain analysis 2.6. Porter's Five Forces analysis 2.7. SWOT 2.8. Technology trends 2.9. Regulatory framework Chapter 3. EOR Market Trends, By Technology 3.1. Global EOR market movement, by technology, 2016 & 2024 3.1.1. Gas injection 3.1.1.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 3.1.2. Thermal injection 3.1.2.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 3.1.3. Chemical injection 3.1.3.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 3.1.4. Plasma injection 3.1.4.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) Chapter 4. EOR Market Trends, By application 4.1. Global EOR market movement, by application, 2016 & 2024 4.1.1. Onshore 4.1.1.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 4.1.2. offshore 4.1.2.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) Chapter 5. EOR Market Trends, By Region Follow Us: Your CatalystTo a Lucrative Business 5.1. Global EOR market movement, by region, 2016 & 2024 5.1.1. North America 5.1.1.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 5.1.1.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 5.1.1.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 5.1.2. Europe 5.1.2.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 5.1.2.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 5.1.2.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 5.1.3. Asia Pacific 5.1.3.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 5.1.3.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 5.1.3.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 5.1.4. Central & South America 5.1.4.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 5.1.4.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 5.1.4.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 5.1.5. MEA 5.1.5.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 5.1.5.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 5.1.5.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) Chapter 6. Key Country Markets 6.1. U.S. 6.1.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 6.1.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 6.1.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 6.2. Canada 6.2.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 6.2.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 6.2.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 6.3. Mexico 6.3.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 6.3.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 6.3.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) Follow Us: Your CatalystTo a Lucrative Business 6.4. Germany 6.4.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 6.4.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 6.4.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 6.5. UK 6.5.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 6.5.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 6.5.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 6.6. Russia 6.6.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 6.6.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 6.6.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 6.7. China 6.7.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 6.7.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 6.7.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 6.8. India 6.8.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 6.8.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 6.8.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 6.9. Australia 6.9.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 6.9.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 6.9.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) 6.10. Saudi Arabia 6.10.1. Market estimates and forecast, 2016 – 2024 (Million bbl) (USD Million) 6.10.2. Market estimates and forecast, by technology, 2016 – 2024 (Million bbl) (USD Million) 6.10.3. Market estimates and forecast, by application, 2016 – 2024 (Million bbl) (USD Million) Chapter 7. Competitive Landscape 7.1. Vendor landscape analysis, 2016 7.2. Strategic framework 7.3. Company profiles 7.3.1. ExxonMobil Corporation 7.3.1.1. Company Overview Follow Us: Your CatalystTo a Lucrative Business 7.3.1.2. Application Benchmarking 7.3.1.3. Financial Performance 7.3.1.4. Recent Initiatives 7.3.2. BP plc 7.3.2.1. Company Overview 7.3.2.2. Application Benchmarking 7.3.2.3. Financial Performance 7.3.2.4. Recent Initiatives 7.3.3. China Petroleum & Chemical Corporation 7.3.3.1. Company Overview 7.3.3.2. Application Benchmarking 7.3.3.3. Financial Performance 7.3.3.4. Recent Initiatives 7.3.4. Royal Dutch Shell plc 7.3.4.1. Company Overview 7.3.4.2. Application Benchmarking 7.3.4.3. Financial Performance 7.3.4.4. Recent Initiatives 7.3.5. Chevron Philips Chemical Company 7.3.5.1. Company Overview 7.3.5.2. Application Benchmarking 7.3.5.3. Financial Performance 7.3.5.4. Recent Initiatives 7.3.6. Petronas 7.3.6.1. Company Overview 7.3.6.2. Application Benchmarking 7.3.6.3. Financial Performance 7.3.6.4. Recent Initiatives 7.3.7. Nalco Company 7.3.7.1. Company Overview 7.3.7.2. Application Benchmarking 7.3.7.3. Financial Performance 7.3.7.4. Recent Initiatives 7.3.8. Statoil ASA 7.3.8.1. Company Overview Follow Us: Your CatalystTo a Lucrative Business 7.3.8.2. Application Benchmarking 7.3.8.3. Financial Performance 7.3.8.4. Recent Initiatives 7.3.9. Lukoil Oil Company 7.3.9.1. Company Overview 7.3.9.2. Application Benchmarking 7.3.9.3. Financial Performance 7.3.9.4. Recent Initiatives 7.3.10. Praxair Technology 7.3.10.1. Company Overview 7.3.10.2. Application Benchmarking 7.3.10.3. Financial Performance 7.3.10.4. Recent Initiatives 7.3.11. List of other vendors Chapter 8. Methodology and Scope 8.1. Research methodology 8.2. Research Scope & Assumptions 8.3. 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Enhanced oil recovery (EOR) market size was estimated to be worth USD 29.71 billion in 2016 and is likely to grow significantly over the projected period.
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