Market Projection: CO2 EOR Sector Anticipated to Exceed USD 7 Billion by 2033 By 2023, CO2 EOR Market sales are projected to be worth more than USD 4.6 billion. By 2033, it is most likely to exceed USD 7 billion. Demand for carbon dioxide (CO2) enhanced oil recovery (EOR) is expected to rise at an average CAGR of 4.2% in the assessment period from 2023 to 2033.
A number of compelling considerations have led to increasing demand for CO2 EOR in recent years. This method...
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