Carbon dioxide purity above 90% can be used to increase oil recovery. After carbon dioxide is dissolved in water in the formation, it can increase the viscosity of water by 20% to 30%. After the carbon dioxide is dissolved in the oil, the volume of the crude oil is expanded, the viscosity is reduced by 30% to 80%, and the oil-water interfacial tension is reduced, which is beneficial to increase the oil recovery rate, improve the oil washing efficiency and collect residual oil.
Highlights
The global Carbon Dioxide Enhanced Oil Recovery market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Carbon Dioxide Enhanced Oil Recovery is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Carbon Dioxide Enhanced Oil Recovery is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Carbon Dioxide Enhanced Oil Recovery in Miscible EOR is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Carbon Dioxide Enhanced Oil Recovery include Exxon Mobil Corporation, BP plc, Total SE, China Petroleum and Chemical Corporation, Royal Dutch Shell, Chevron Corporation, Petroleo Brasileiro S.A.-Petrobras, NK Lukoil PAO and Cenovus Energy Inc, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Carbon Dioxide Enhanced Oil Recovery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Dioxide Enhanced Oil Recovery.
The Carbon Dioxide Enhanced Oil Recovery market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Carbon Dioxide Enhanced Oil Recovery market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Carbon Dioxide Enhanced Oil Recovery companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Exxon Mobil Corporation
BP plc
Total SE
China Petroleum and Chemical Corporation
Royal Dutch Shell
Chevron Corporation
Petroleo Brasileiro S.A.-Petrobras
NK Lukoil PAO
Cenovus Energy Inc
Equinor ASA
Abu Dhabi National Oil Company
Air Products and Chemicals Inc.
Occidental Petroleum Corp.
Chesapeake Energy
China National Offshore Oil Corporation
ConocoPhillips
Halliburton Company
Schlumberger N.V.
Kinder Morgan, Inc.
Segment by Type
Natural CO2 Deposits
Carbon Capture and Storage
Industrial CO2
Others
Segment by Application
Miscible EOR
Immiscible EOR
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Carbon Dioxide Enhanced Oil Recovery companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Natural CO2 Deposits
1.2.3 Carbon Capture and Storage
1.2.4 Industrial CO2
1.2.5 Others
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Miscible EOR
1.3.3 Immiscible EOR
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Carbon Dioxide Enhanced Oil Recovery Growth Trends by Region
2.2.1 Global Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Carbon Dioxide Enhanced Oil Recovery Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Carbon Dioxide Enhanced Oil Recovery Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Dynamics
2.3.1 Carbon Dioxide Enhanced Oil Recovery Industry Trends
2.3.2 Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Drivers
2.3.3 Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Challenges
2.3.4 Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Carbon Dioxide Enhanced Oil Recovery Players by Revenue
3.1.1 Global Top Carbon Dioxide Enhanced Oil Recovery Players by Revenue (2018-2023)
3.1.2 Global Carbon Dioxide Enhanced Oil Recovery Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Carbon Dioxide Enhanced Oil Recovery Revenue
3.4 Global Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Carbon Dioxide Enhanced Oil Recovery Revenue in 2022
3.5 Carbon Dioxide Enhanced Oil Recovery Key Players Head office and Area Served
3.6 Key Players Carbon Dioxide Enhanced Oil Recovery Product Solution and Service
3.7 Date of Enter into Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Carbon Dioxide Enhanced Oil Recovery Breakdown Data by Type
4.1 Global Carbon Dioxide Enhanced Oil Recovery Historic Âé¶¹Ô´´ Size by Type (2018-2023)
4.2 Global Carbon Dioxide Enhanced Oil Recovery Forecasted Âé¶¹Ô´´ Size by Type (2024-2029)
5 Carbon Dioxide Enhanced Oil Recovery Breakdown Data by Application
5.1 Global Carbon Dioxide Enhanced Oil Recovery Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Carbon Dioxide Enhanced Oil Recovery Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa Carbon Dioxide Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Exxon Mobil Corporation
11.1.1 Exxon Mobil Corporation Company Detail
11.1.2 Exxon Mobil Corporation Business Overview
11.1.3 Exxon Mobil Corporation Carbon Dioxide Enhanced Oil Recovery Introduction
11.1.4 Exxon Mobil Corporation Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.1.5 Exxon Mobil Corporation Recent Development
11.2 BP plc
11.2.1 BP plc Company Detail
11.2.2 BP plc Business Overview
11.2.3 BP plc Carbon Dioxide Enhanced Oil Recovery Introduction
11.2.4 BP plc Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.2.5 BP plc Recent Development
11.3 Total SE
11.3.1 Total SE Company Detail
11.3.2 Total SE Business Overview
11.3.3 Total SE Carbon Dioxide Enhanced Oil Recovery Introduction
11.3.4 Total SE Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.3.5 Total SE Recent Development
11.4 China Petroleum and Chemical Corporation
11.4.1 China Petroleum and Chemical Corporation Company Detail
11.4.2 China Petroleum and Chemical Corporation Business Overview
11.4.3 China Petroleum and Chemical Corporation Carbon Dioxide Enhanced Oil Recovery Introduction
11.4.4 China Petroleum and Chemical Corporation Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.4.5 China Petroleum and Chemical Corporation Recent Development
11.5 Royal Dutch Shell
11.5.1 Royal Dutch Shell Company Detail
11.5.2 Royal Dutch Shell Business Overview
11.5.3 Royal Dutch Shell Carbon Dioxide Enhanced Oil Recovery Introduction
11.5.4 Royal Dutch Shell Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.5.5 Royal Dutch Shell Recent Development
11.6 Chevron Corporation
11.6.1 Chevron Corporation Company Detail
11.6.2 Chevron Corporation Business Overview
11.6.3 Chevron Corporation Carbon Dioxide Enhanced Oil Recovery Introduction
11.6.4 Chevron Corporation Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.6.5 Chevron Corporation Recent Development
11.7 Petroleo Brasileiro S.A.-Petrobras
11.7.1 Petroleo Brasileiro S.A.-Petrobras Company Detail
11.7.2 Petroleo Brasileiro S.A.-Petrobras Business Overview
11.7.3 Petroleo Brasileiro S.A.-Petrobras Carbon Dioxide Enhanced Oil Recovery Introduction
11.7.4 Petroleo Brasileiro S.A.-Petrobras Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.7.5 Petroleo Brasileiro S.A.-Petrobras Recent Development
11.8 NK Lukoil PAO
11.8.1 NK Lukoil PAO Company Detail
11.8.2 NK Lukoil PAO Business Overview
11.8.3 NK Lukoil PAO Carbon Dioxide Enhanced Oil Recovery Introduction
11.8.4 NK Lukoil PAO Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.8.5 NK Lukoil PAO Recent Development
11.9 Cenovus Energy Inc
11.9.1 Cenovus Energy Inc Company Detail
11.9.2 Cenovus Energy Inc Business Overview
11.9.3 Cenovus Energy Inc Carbon Dioxide Enhanced Oil Recovery Introduction
11.9.4 Cenovus Energy Inc Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.9.5 Cenovus Energy Inc Recent Development
11.10 Equinor ASA
11.10.1 Equinor ASA Company Detail
11.10.2 Equinor ASA Business Overview
11.10.3 Equinor ASA Carbon Dioxide Enhanced Oil Recovery Introduction
11.10.4 Equinor ASA Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.10.5 Equinor ASA Recent Development
11.11 Abu Dhabi National Oil Company
11.11.1 Abu Dhabi National Oil Company Company Detail
11.11.2 Abu Dhabi National Oil Company Business Overview
11.11.3 Abu Dhabi National Oil Company Carbon Dioxide Enhanced Oil Recovery Introduction
11.11.4 Abu Dhabi National Oil Company Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.11.5 Abu Dhabi National Oil Company Recent Development
11.12 Air Products and Chemicals Inc.
11.12.1 Air Products and Chemicals Inc. Company Detail
11.12.2 Air Products and Chemicals Inc. Business Overview
11.12.3 Air Products and Chemicals Inc. Carbon Dioxide Enhanced Oil Recovery Introduction
11.12.4 Air Products and Chemicals Inc. Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.12.5 Air Products and Chemicals Inc. Recent Development
11.13 Occidental Petroleum Corp.
11.13.1 Occidental Petroleum Corp. Company Detail
11.13.2 Occidental Petroleum Corp. Business Overview
11.13.3 Occidental Petroleum Corp. Carbon Dioxide Enhanced Oil Recovery Introduction
11.13.4 Occidental Petroleum Corp. Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.13.5 Occidental Petroleum Corp. Recent Development
11.14 Chesapeake Energy
11.14.1 Chesapeake Energy Company Detail
11.14.2 Chesapeake Energy Business Overview
11.14.3 Chesapeake Energy Carbon Dioxide Enhanced Oil Recovery Introduction
11.14.4 Chesapeake Energy Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.14.5 Chesapeake Energy Recent Development
11.15 China National Offshore Oil Corporation
11.15.1 China National Offshore Oil Corporation Company Detail
11.15.2 China National Offshore Oil Corporation Business Overview
11.15.3 China National Offshore Oil Corporation Carbon Dioxide Enhanced Oil Recovery Introduction
11.15.4 China National Offshore Oil Corporation Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.15.5 China National Offshore Oil Corporation Recent Development
11.16 ConocoPhillips
11.16.1 ConocoPhillips Company Detail
11.16.2 ConocoPhillips Business Overview
11.16.3 ConocoPhillips Carbon Dioxide Enhanced Oil Recovery Introduction
11.16.4 ConocoPhillips Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.16.5 ConocoPhillips Recent Development
11.17 Halliburton Company
11.17.1 Halliburton Company Company Detail
11.17.2 Halliburton Company Business Overview
11.17.3 Halliburton Company Carbon Dioxide Enhanced Oil Recovery Introduction
11.17.4 Halliburton Company Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.17.5 Halliburton Company Recent Development
11.18 Schlumberger N.V.
11.18.1 Schlumberger N.V. Company Detail
11.18.2 Schlumberger N.V. Business Overview
11.18.3 Schlumberger N.V. Carbon Dioxide Enhanced Oil Recovery Introduction
11.18.4 Schlumberger N.V. Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.18.5 Schlumberger N.V. Recent Development
11.19 Kinder Morgan, Inc.
11.19.1 Kinder Morgan, Inc. Company Detail
11.19.2 Kinder Morgan, Inc. Business Overview
11.19.3 Kinder Morgan, Inc. Carbon Dioxide Enhanced Oil Recovery Introduction
11.19.4 Kinder Morgan, Inc. Revenue in Carbon Dioxide Enhanced Oil Recovery Business (2018-2023)
11.19.5 Kinder Morgan, Inc. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Exxon Mobil Corporation
BP plc
Total SE
China Petroleum and Chemical Corporation
Royal Dutch Shell
Chevron Corporation
Petroleo Brasileiro S.A.-Petrobras
NK Lukoil PAO
Cenovus Energy Inc
Equinor ASA
Abu Dhabi National Oil Company
Air Products and Chemicals Inc.
Occidental Petroleum Corp.
Chesapeake Energy
China National Offshore Oil Corporation
ConocoPhillips
Halliburton Company
Schlumberger N.V.
Kinder Morgan, Inc.
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*If Applicable.