Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted otherwise.
EOR production is considered as a project in itself and requires a large number of equipment and packages. Studies, pilot projects, engineering design, equipment procurement, feedstock planning, drilling and other materials, play important role in EOR projects. Upfront capital costs in EOR projects are significant. Each link is very complicated, so it is difficult to calculate all the income generated by the EOR project. In addition, because some expenditures come from the oilfield developers themselves, this part of revenue is considered as the operating costs of the oilfield developers themselves. It is therefore necessary to explain the scope of the data reported.
Highlights
The global Enhanced Oil Recovery market was valued at US$ 3941.8 million in 2022 and is anticipated to reach US$ 5103.8 million by 2029, witnessing a CAGR of 4.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The industry's leading producers are Linde Group, Air Liquid and PetroChina Daqing, with revenues of 36.29%, 11.60% and 11.30% respectively in 2019.
Report Scope
This report aims to provide a comprehensive presentation of the global market for 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 Enhanced Oil Recovery.
The 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 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 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
Linde Group
Air Liquid
PetroChina Daqing
Air Products
SNF Group
Bejing Hengju
BASF
Nalco Champion
Shandong Polymer Bio-chemicals
Stepan
Schlumberger
Kemira
Solvay
Segment by Type
CO2 Enhanced Oil Recovery
Nitrogen Enhanced Oil Recovery
Polymer Flooding
Surfactant Flooding
Alkaline Flooding
Micellar Flooding
Others
Segment by Application
Onshore
Offshore
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 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 Enhanced Oil Recovery Âé¶¹Ô´´ Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 CO2 Enhanced Oil Recovery
1.2.3 Nitrogen Enhanced Oil Recovery
1.2.4 Polymer Flooding
1.2.5 Surfactant Flooding
1.2.6 Alkaline Flooding
1.2.7 Micellar Flooding
1.2.8 Others
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Enhanced Oil Recovery Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Onshore
1.3.3 Offshore
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Enhanced Oil Recovery Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Enhanced Oil Recovery Growth Trends by Region
2.2.1 Global Enhanced Oil Recovery Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Enhanced Oil Recovery Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Enhanced Oil Recovery Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Enhanced Oil Recovery Âé¶¹Ô´´ Dynamics
2.3.1 Enhanced Oil Recovery Industry Trends
2.3.2 Enhanced Oil Recovery Âé¶¹Ô´´ Drivers
2.3.3 Enhanced Oil Recovery Âé¶¹Ô´´ Challenges
2.3.4 Enhanced Oil Recovery Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Enhanced Oil Recovery Players by Revenue
3.1.1 Global Top Enhanced Oil Recovery Players by Revenue (2018-2023)
3.1.2 Global Enhanced Oil Recovery Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Enhanced Oil Recovery Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Enhanced Oil Recovery Revenue
3.4 Global Enhanced Oil Recovery Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Enhanced Oil Recovery Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Enhanced Oil Recovery Revenue in 2022
3.5 Enhanced Oil Recovery Key Players Head office and Area Served
3.6 Key Players Enhanced Oil Recovery Product Solution and Service
3.7 Date of Enter into Enhanced Oil Recovery Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Enhanced Oil Recovery Breakdown Data by Type
4.1 Global Enhanced Oil Recovery Historic Âé¶¹Ô´´ Size by Type (2018-2023)
4.2 Global Enhanced Oil Recovery Forecasted Âé¶¹Ô´´ Size by Type (2024-2029)
5 Enhanced Oil Recovery Breakdown Data by Application
5.1 Global Enhanced Oil Recovery Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Enhanced Oil Recovery Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Enhanced Oil Recovery Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Enhanced Oil Recovery Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Enhanced Oil Recovery Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Enhanced Oil Recovery Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe 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 Enhanced Oil Recovery Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Enhanced Oil Recovery Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Enhanced Oil Recovery Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific 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 Enhanced Oil Recovery Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Enhanced Oil Recovery Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America 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 Enhanced Oil Recovery Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Enhanced Oil Recovery Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Enhanced Oil Recovery Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa 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 Linde Group
11.1.1 Linde Group Company Detail
11.1.2 Linde Group Business Overview
11.1.3 Linde Group Enhanced Oil Recovery Introduction
11.1.4 Linde Group Revenue in Enhanced Oil Recovery Business (2018-2023)
11.1.5 Linde Group Recent Development
11.2 Air Liquid
11.2.1 Air Liquid Company Detail
11.2.2 Air Liquid Business Overview
11.2.3 Air Liquid Enhanced Oil Recovery Introduction
11.2.4 Air Liquid Revenue in Enhanced Oil Recovery Business (2018-2023)
11.2.5 Air Liquid Recent Development
11.3 PetroChina Daqing
11.3.1 PetroChina Daqing Company Detail
11.3.2 PetroChina Daqing Business Overview
11.3.3 PetroChina Daqing Enhanced Oil Recovery Introduction
11.3.4 PetroChina Daqing Revenue in Enhanced Oil Recovery Business (2018-2023)
11.3.5 PetroChina Daqing Recent Development
11.4 Air Products
11.4.1 Air Products Company Detail
11.4.2 Air Products Business Overview
11.4.3 Air Products Enhanced Oil Recovery Introduction
11.4.4 Air Products Revenue in Enhanced Oil Recovery Business (2018-2023)
11.4.5 Air Products Recent Development
11.5 SNF Group
11.5.1 SNF Group Company Detail
11.5.2 SNF Group Business Overview
11.5.3 SNF Group Enhanced Oil Recovery Introduction
11.5.4 SNF Group Revenue in Enhanced Oil Recovery Business (2018-2023)
11.5.5 SNF Group Recent Development
11.6 Bejing Hengju
11.6.1 Bejing Hengju Company Detail
11.6.2 Bejing Hengju Business Overview
11.6.3 Bejing Hengju Enhanced Oil Recovery Introduction
11.6.4 Bejing Hengju Revenue in Enhanced Oil Recovery Business (2018-2023)
11.6.5 Bejing Hengju Recent Development
11.7 BASF
11.7.1 BASF Company Detail
11.7.2 BASF Business Overview
11.7.3 BASF Enhanced Oil Recovery Introduction
11.7.4 BASF Revenue in Enhanced Oil Recovery Business (2018-2023)
11.7.5 BASF Recent Development
11.8 Nalco Champion
11.8.1 Nalco Champion Company Detail
11.8.2 Nalco Champion Business Overview
11.8.3 Nalco Champion Enhanced Oil Recovery Introduction
11.8.4 Nalco Champion Revenue in Enhanced Oil Recovery Business (2018-2023)
11.8.5 Nalco Champion Recent Development
11.9 Shandong Polymer Bio-chemicals
11.9.1 Shandong Polymer Bio-chemicals Company Detail
11.9.2 Shandong Polymer Bio-chemicals Business Overview
11.9.3 Shandong Polymer Bio-chemicals Enhanced Oil Recovery Introduction
11.9.4 Shandong Polymer Bio-chemicals Revenue in Enhanced Oil Recovery Business (2018-2023)
11.9.5 Shandong Polymer Bio-chemicals Recent Development
11.10 Stepan
11.10.1 Stepan Company Detail
11.10.2 Stepan Business Overview
11.10.3 Stepan Enhanced Oil Recovery Introduction
11.10.4 Stepan Revenue in Enhanced Oil Recovery Business (2018-2023)
11.10.5 Stepan Recent Development
11.11 Schlumberger
11.11.1 Schlumberger Company Detail
11.11.2 Schlumberger Business Overview
11.11.3 Schlumberger Enhanced Oil Recovery Introduction
11.11.4 Schlumberger Revenue in Enhanced Oil Recovery Business (2018-2023)
11.11.5 Schlumberger Recent Development
11.12 Kemira
11.12.1 Kemira Company Detail
11.12.2 Kemira Business Overview
11.12.3 Kemira Enhanced Oil Recovery Introduction
11.12.4 Kemira Revenue in Enhanced Oil Recovery Business (2018-2023)
11.12.5 Kemira Recent Development
11.13 Solvay
11.13.1 Solvay Company Detail
11.13.2 Solvay Business Overview
11.13.3 Solvay Enhanced Oil Recovery Introduction
11.13.4 Solvay Revenue in Enhanced Oil Recovery Business (2018-2023)
11.13.5 Solvay 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
Linde Group
Air Liquid
PetroChina Daqing
Air Products
SNF Group
Bejing Hengju
BASF
Nalco Champion
Shandong Polymer Bio-chemicals
Stepan
Schlumberger
Kemira
Solvay
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*If Applicable.