Nov 21, 2018   SOURCE: BusinessWire

Global Enhanced Oil Recovery Market Overview & Outlook (2017-2026): Expected to Grow from $22.23 Billion to $41.35 Billion - ResearchAndMarkets.com

The "Enhanced Oil Recovery - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to this report, the Global Enhanced Oil Recovery market accounted for $22.23 billion in 2017 and is expected to reach $41.35 billion by 2026 growing at a CAGR of 7.1% during the forecast period.

Factors such as increasing number of mature oil fields worldwide, rising depletion in oil reserves and technological advancements are propelling the market growth. However, high cost incurred in the procedure, technical and operational issues are hindering the market growth. Moreover, focus on heavy oil reservoirs provides opportunities for the market growth.

On the basis of technology, thermal-enhanced oil recovery segment acquired steady growth owing to low cost and high recovery rates associated with the use of thermal injection technology. Thermal injection technology is most widely used for enhanced oil recovery operations among the primary oil recovery and secondary oil recovery methods.

By geography, North America is the major revenue contributor due to presence of a huge mature oil and gas asset base in Gulf of Mexico and availability of a good potential for unconventional sources of oil and gas in various countries such as Canada and US.

Key Topics Covered

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.5 Research Sources

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Technology Analysis

3.7 Application Analysis

3.8 Emerging Markets

3.9 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Enhanced Oil Recovery Market, By Technology

5.1 Introduction

5.2 Chemical-Enhanced Oil Recovery

5.3 Gas-Enhanced Oil Recovery

5.4 Thermal-Enhanced Oil Recovery

5.5 Other Enhanced Oil Recovery Techniques

6 Global Enhanced Oil Recovery Market, By Application

6.1 Introduction

6.2 Offshore

6.3 Onshore

7 Global Enhanced Oil Recovery Market, By Geography

7.1 Introduction

7.2 North America

7.3 Europe

7.4 Asia Pacific

7.5 South America

7.6 Middle East & Africa

8 Key Developments

8.1 Agreements, Partnerships, Collaborations and Joint Ventures

8.2 Acquisitions & Mergers

8.3 New Product Launch

8.4 Expansions

8.5 Other Key Strategies

9 Company Profiling

9.1 BASF Se

9.2 Chevron Phillips Chemical Company

9.3 British Petroleum

9.4 ExxonMobil Corporation

9.5 Oil and Natural Gas Corporation Ltd.

9.6 Schlumberger Ltd.

9.7 Lukoil Oil Co.

9.8 TechnipFMC

9.9 Equinor

9.10 Abu Dhabi National Oil Company

9.11 Halliburton Co.

9.12 Canadian Natural Resources

9.13 Praxair Technology, Inc.

9.14 ConocoPhillips

9.15 Secure Energy Services Inc.

9.16 Royal Dutch Shell PLC

For more information about this report visit https://www.researchandmarkets.com/research/f9pdkj/global_enhanced?w=4