This Chemical Enhanced Oil Recovery (EOR/IOR) market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Chemical Enhanced Oil Recovery (EOR/IOR) report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the global chemical enhanced oil recovery (EOR/IOR) market which was USD 999.26 million in 2022, is expected to reach USD 1,580.69 million by 2030, and is expected to undergo a CAGR of 5.90% during the forecast period of 2023 to 2030.
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Market Overview:
Chemical enhanced oil recovery (EOR/IOR) pertains to the industry focused on the use of chemicals and associated techniques to optimize and enhance the extraction of hydrocarbons from oil reservoirs. It involves the deployment of various chemical agents and solutions to improve oil production rates, increase reservoir sweep efficiency, and reduce interfacial tension, ultimately maximizing oil recovery from both conventional and unconventional sources, such as mature fields and tight reservoirs.
The global chemical enhanced oil recovery (EOR/IOR) market is expanding due to factors such as increased adoption in developing economies such as India and China, diverse applications in onshore and offshore sectors, rising government R&D investments, and growing industrialization in developing nations.
Some of the major players operating in the Chemical Enhanced Oil Recovery (EOR/IOR) market are Schlumberger Limited (U.S.), Baker Hughes Company (U.S.), Halliburton Company (U.S.), Nalco Champion (U.S.), BASF SE (Germany), Solvay S.A. (Belgium), AkzoNobel N.V. (Netherlands), Chevron Phillips Chemical Company LP (U.S.), Exxon Mobil Corporation (U.S.), Royal Dutch Shell plc (Netherlands), Dow Chemical Company (U.S.), Occidental Petroleum Corporation (U.S.), Weatherford International plc (Switzerland), Praxair, Inc. (U.S.) among others.
Global Chemical Enhanced Oil Recovery (EOR/IOR) Market Scope
The global chemical enhanced oil recovery (EOR/IOR) market is segmented on the basis of product type, grades, application, and end user industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Sheets
Rods
Tubes
Grades
Standard
Reinforced
Impact Modified
Recycled
Ultraviolet (UV) Stabilized
Special Grade
Application
Gears
Engineering Parts
Medical Delivery Devices
End User Industry
Electrical and Electronics
Transportation
Medical
Food Packaging
Consumer Goods and Appliances
Building and Construction
Other End-user Industries
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Chemical Enhanced Oil Recovery (EOR/IOR) Market Landscape
Part 04: Global Chemical Enhanced Oil Recovery (EOR/IOR) Market Sizing
Part 05: Global Chemical Enhanced Oil Recovery (EOR/IOR) Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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