Aug 28, 2020   SOURCE: BusinessWire

Insights on the CO2 EOR Global Market to 2027 - Featuring BP, Chevron & ConocoPhillips Among Others - ResearchAndMarkets.com

The "CO2 EOR - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 5th edition of this report. The 137-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global CO2 EOR Market to Reach $4.6 Billion by 2027

Amid the COVID-19 crisis, the global market for CO2 EOR estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$4.6 Billion by 2027, growing at a CAGR of 2.6% over the period 2020-2027.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 4.8% CAGR

The CO2 EOR market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$929.9 Million by the year 2027 trailing a CAGR of 4.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.

Competitors identified in this market include, among others:

  • Baker Hughes, a GE company
  • BP PLC
  • Chevron Corporation
  • ConocoPhillips Company
  • Denbury Resources Inc.
  • Exxon Mobil Corporation
  • Halliburton
  • Kinder Morgan, Inc.
  • Lukoil Oil Company
  • Nalco an Ecloab Company
  • Occidental Petroleum Corporation
  • Petroleum Development Oman
  • Royal Dutch Shell PLC
  • Schlumberger Ltd.
  • Statoil ASA
  • Total SA
  • Wintershall Holding GmbH

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • CO2 EOR Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/lljy3l