Enhanced Oil Recovery (EOR) Market
Enhanced Oil Recovery (EOR) Market - Global Industry Assessment & Forecast
#
Pages:
Base Year:
2022
Jul - 2023
Format:
Report Code:
VMR-0498
Segments Covered
By
Technology Thermal, Chemical, CO2 Injection, Other Technologies
-
By
Application Onshore Field, Offshore Field
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 46.2 Billion |
 Revenue 2030:
|
USD 73.2 Billion |
 Revenue CAGR
(2023 - 2030): |
6.8% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Enhanced Oil Recovery (EOR) Market Segment Analysis
- Enhanced Oil Recovery (EOR) Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Enhanced Oil Recovery (EOR) Application Outlook (Revenue, USD Million, 2018 - 2030)
- Onshore Field
- Offshore Field
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
-
North America Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- U.S.
- U.S. Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- U.S. Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- U.S. Enhanced Oil Recovery (EOR) Market, by Technology
- Canada
- Canada Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Canada Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Canada Enhanced Oil Recovery (EOR) Market, by Technology
-
Mexico
- Mexico Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Mexico Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Mexico Enhanced Oil Recovery (EOR) Market, by Technology
-
North America Enhanced Oil Recovery (EOR) Market, by Technology
- Europe
-
Europe Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
-
Europe Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- U. K.
- U.K. Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- U.K. Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- U.K. Enhanced Oil Recovery (EOR) Market, by Technology
- France
- France Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- France Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- France Enhanced Oil Recovery (EOR) Market, by Technology
-
Germany
- Germany Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Germany Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Germany Enhanced Oil Recovery (EOR) Market, by Technology
-
Italy
- Italy Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Italy Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Italy Enhanced Oil Recovery (EOR) Market, by Technology
-
Spain
- Spain Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Spain Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Spain Enhanced Oil Recovery (EOR) Market, by Technology
-
Rest of Europe
- Rest of Europe Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Rest of Europe Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Rest of Europe Enhanced Oil Recovery (EOR) Market, by Technology
-
Europe Enhanced Oil Recovery (EOR) Market, by Technology
- Asia Pacific
-
Asia Pacific Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
-
Asia Pacific Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- China
- China Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- China Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- China Enhanced Oil Recovery (EOR) Market, by Technology
- Japan
- Japan Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Japan Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Japan Enhanced Oil Recovery (EOR) Market, by Technology
-
Germany
- Germany Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Germany Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Germany Enhanced Oil Recovery (EOR) Market, by Technology
-
India
- India Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- India Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- India Enhanced Oil Recovery (EOR) Market, by Technology
-
South Korea
- South Korea Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- South Korea Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- South Korea Enhanced Oil Recovery (EOR) Market, by Technology
-
South East Asia
- South East Asia Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- South East Asia Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- South East Asia Enhanced Oil Recovery (EOR) Market, by Technology
-
Rest of Asia Pacific
- Rest of Asia Pacific Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Rest of Asia Pacific Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Rest of Asia Pacific Enhanced Oil Recovery (EOR) Market, by Technology
-
Asia Pacific Enhanced Oil Recovery (EOR) Market, by Technology
- Latin America
-
Latin America Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
-
Latin America Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Brazil
- Brazil Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Brazil Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Brazil Enhanced Oil Recovery (EOR) Market, by Technology
- Argentina
- Argentina Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Argentina Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Argentina Enhanced Oil Recovery (EOR) Market, by Technology
-
Rest of Latin America
- Rest of Latin America Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Rest of Latin America Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Rest of Latin America Enhanced Oil Recovery (EOR) Market, by Technology
-
Latin America Enhanced Oil Recovery (EOR) Market, by Technology
- Middle East & Africa
-
Middle East & Africa Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
-
Middle East & Africa Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- GCC Countries
- GCC Countries Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- GCC Countries Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- GCC Countries Enhanced Oil Recovery (EOR) Market, by Technology
- South Africa
- South Africa Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- South Africa Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- South Africa Enhanced Oil Recovery (EOR) Market, by Technology
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Enhanced Oil Recovery (EOR) Market, by Technology
- Thermal
- Chemical
- CO2 Injection
- Other Technologies
- Rest of Middle East & Africa Enhanced Oil Recovery (EOR) Market, by Application
- Onshore Field
- Offshore Field
- Rest of Middle East & Africa Enhanced Oil Recovery (EOR) Market, by Technology
-
Middle East & Africa Enhanced Oil Recovery (EOR) Market, by Technology
- North America
FAQ
Frequently Asked Question
What is the global demand for Enhanced Oil Recovery (EOR) in terms of revenue?
-
The global Enhanced Oil Recovery (EOR) valued at USD 46.2 Billion in 2022 and is expected to reach USD 73.2 Billion in 2030 growing at a CAGR of 6.8%.
Which are the prominent players in the market?
-
The prominent players in the market are Exxon Mobil Corporation (U.S.), BP PLC (UK), China Petroleum & Chemical Corporation (China), Total SA (France), Royal Dutch Shell PLC (UK), Chevron Corporation (U.S.), Petroleo Brasileiro SA (Brazil), LUKOIL (Russia), Cenovus Energy Inc. (Canada), Equinor ASA (Norway).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.8% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Enhanced Oil Recovery (EOR) include
- Increasing number of matured wells
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Enhanced Oil Recovery (EOR) in 2022.
