Enhanced Oil Recovery (EOR) Market
Enhanced Oil Recovery (EOR) Market - Global Industry Assessment & Forecast
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
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
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Global Enhanced Oil Recovery (EOR) Market - Segment Analysis
- Overview
- Global Enhanced Oil Recovery (EOR) Market, 2016 - 2028 (USD Million)
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Global Enhanced Oil Recovery (EOR) Market - by Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
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Global Enhanced Oil Recovery (EOR) Market - by Application
- By Onshore Field
- By Offshore Field
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Global Enhanced Oil Recovery (EOR) Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Enhanced Oil Recovery (EOR) Market - Segment Analysis
- Overview
- North America Enhanced Oil Recovery (EOR) Market, 2016 - 2028 (USD Million)
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North America Enhanced Oil Recovery (EOR) Market, by Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
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North America Enhanced Oil Recovery (EOR) Market, by Application
- By Onshore Field
- By Offshore Field
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North America Enhanced Oil Recovery (EOR) Market, by Country
- U.S.
- U.S. Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- U.S. Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- U.S. Enhanced Oil Recovery (EOR) Market, By Technology
- Canada
- Canada Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Canada Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Canada Enhanced Oil Recovery (EOR) Market, By Technology
- Mexico
- Mexico Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Mexico Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Mexico Enhanced Oil Recovery (EOR) Market, By Technology
- U.S.
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Europe Enhanced Oil Recovery (EOR) Market - Segment Analysis
- Overview
- Europe Enhanced Oil Recovery (EOR) Market, 2016 - 2028 (USD Million)
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Europe Enhanced Oil Recovery (EOR) Market, by Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
-
Europe Enhanced Oil Recovery (EOR) Market, by Application
- By Onshore Field
- By Offshore Field
-
Europe Enhanced Oil Recovery (EOR) Market, by Country
- Germany
- Germany Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Germany Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Germany Enhanced Oil Recovery (EOR) Market, By Technology
- UK
- UK Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- UK Market, By Application
- By Onshore Field
- By Offshore Field
- UK Market, By Technology
- France
- France Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- France Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- France Enhanced Oil Recovery (EOR) Market, By Technology
- Spain
- Spain Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Spain Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Spain Enhanced Oil Recovery (EOR) Market, By Technology
- Italy
- Italy Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Italy Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Italy Enhanced Oil Recovery (EOR) Market, By Technology
- BENELUX
- BENELUX Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- BENELUX Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- BENELUX Enhanced Oil Recovery (EOR) Market, By Technology
- Rest of Europe
- Rest Of Europe Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Rest Of Europe Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Rest Of Europe Enhanced Oil Recovery (EOR) Market, By Technology
- Germany
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Asia Pacific Enhanced Oil Recovery (EOR) Market - Segment Analysis
- Overview
- Asia Pacific Enhanced Oil Recovery (EOR) Market, 2016 - 2028 (USD Million)
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Asia Pacific Enhanced Oil Recovery (EOR) Market, by Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
-
Asia Pacific Enhanced Oil Recovery (EOR) Market, by Application
- By Onshore Field
- By Offshore Field
-
Asia Pacific Enhanced Oil Recovery (EOR) Market, by Country
- China
- China Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- China Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- China Enhanced Oil Recovery (EOR) Market, By Technology
- Japan
- Japan Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Japan Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Japan Enhanced Oil Recovery (EOR) Market, By Technology
- India
- India Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- India Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- India Enhanced Oil Recovery (EOR) Market, By Technology
- South Korea
- South Korea Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- South Korea Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- South Korea Enhanced Oil Recovery (EOR) Market, By Technology
- South East Asia
- South East Asia Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- South East Asia Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By 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
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Rest of Asia Pacific Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Rest of Asia Pacific Enhanced Oil Recovery (EOR) Market, By Technology
- China
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Latin America Enhanced Oil Recovery (EOR) Market - Segment Analysis
- Overview
- Latin America Enhanced Oil Recovery (EOR) Market, 2016 - 2028 (USD Million)
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Latin America Enhanced Oil Recovery (EOR) Market, by Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
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Latin America Enhanced Oil Recovery (EOR) Market, by Application
- By Onshore Field
- By Offshore Field
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Latin America Enhanced Oil Recovery (EOR) Market, by Country
- Brazil
- Brazil Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Brazil Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Brazil Enhanced Oil Recovery (EOR) Market, By Technology
- Argentina
- Argentina Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Argentina Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By 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
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Rest of Latin America Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Rest of Latin America Enhanced Oil Recovery (EOR) Market, By Technology
- Brazil
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Middle East & Africa Enhanced Oil Recovery (EOR) Market - Segment Analysis
- Overview
- Middle East & Africa Enhanced Oil Recovery (EOR) Market, 2016 - 2028 (USD Million)
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Middle East & Africa Enhanced Oil Recovery (EOR) Market, by Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
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Middle East & Africa Enhanced Oil Recovery (EOR) Market, by Application
- By Onshore Field
- By Offshore Field
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Middle East & Africa Enhanced Oil Recovery (EOR) Market, by Country
- GCC Countries
- GCC Countries Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- GCC Countries Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- GCC Countries Enhanced Oil Recovery (EOR) Market, By Technology
- South Africa
- South Africa Enhanced Oil Recovery (EOR) Market, By Technology
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- South Africa Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By 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
- By Thermal
- By Chemical
- By CO2 Injection
- By Other Technologies
- Rest of Middle East & Africa Enhanced Oil Recovery (EOR) Market, By Application
- By Onshore Field
- By Offshore Field
- Rest of Middle East & Africa Enhanced Oil Recovery (EOR) Market, By Technology
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- 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)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Enhanced Oil Recovery (EOR) in terms of revenue?
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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?
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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?
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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.
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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?
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North America was the leading regional segment of the Enhanced Oil Recovery (EOR) in 2022.