Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2023

Transparency Market
Research
Enhanced Oil Recovery (EOR) Market: Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2013 - 2023
Published Date
24-April-2014
85 Page Report
Buy Now
Request Sample
Press Release
Global Enhanced Oil Recovery Market to Exhibit 26.70% CAGR
2013-2023 thanks to Increased Adoption of Solar EOR Process
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
sales@transparencymarketresearch.com
Enhanced Oil Recovery (EOR) Market
REPORT DESCRIPTION
Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2013 - 2023
Transparency Market Research recently announced the publication of a market research report, titled
“Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2013 - 2023.” As per the study, in 2012, the global market for enhanced oil recovery was worth US$38.1
bn and is estimated to reach a value of US$516.7 bn by 2023. The market is anticipated to register an
impressive 26.70% CAGR between 2013 and 2023. The research study offers a comprehensive analysis of
the global enhanced oil recovery market, presenting insights into the product segmentation, major
geographical segments, and competitive landscape.
Browse Report with Full TOC at : http://www.transparencymarketresearch.com/enhanced-oilrecovery.html
Enhanced oil recovery (EOR) is a process comprising several techniques to boost the amount of crude oil
that is extracted from the oil fields. If a primary recovery technique is used, then around 5% to 15% oil can
be extracted, whereas in the case of secondary recovery technique around 20% to 60% can be acquired.
On the other hand, if an enhanced oil recovery procedure is implemented, then nearly 35% to 75% of oil
can be extracted from the oil field.
The increasing demand for oil and depleting oil reserves are some of the prominent factors projected to
bolster the growth of the global enhanced oil recovery market in the forecast period. In addition, the
growing use of solar enhanced oil recovery procedures and increasing oil production in the Middle East
region are considered as the major opportunities in the market. However, the high cost and operational
and technical concerns are projected to curb the growth of the global EOR market in the near future.
global-enhanced-oil-recovery-market-share-by-technology-2012-and-2023On the basis of technology, the
global EOR market has been classified into gas, thermal, and chemical injection. In 2012, the thermal
injection technology segment accounted for a 51.5% share in the global enhanced oil recovery market.
According to the report, the thermal technology has reached the maturity level, owing to which it is
projected to lose some of its share to other technologies. In 2012, the chemical injection technology held a
10.3% share in the global enhanced oil recovery market and is projected to stand at 29.71% by 2023. The
gas injection technology segment is expected to hold a 38.5% share in the global market.
In 2012, North America accounted for a 38.9% share in the global enhanced oil recovery market. The
remarkable contribution from Canada, Mexico, and the U.S. augmented the growth of the enhanced oil
recovery market in this region. In the same year, the Rest of the World segment held a 30.9% share in the
overall market. This segment is projected to grow at a fast pace in the next few years, exhibiting a
progressive growth rate. Europe is estimated to account for a 13.1% share in the overall enhanced oil
recovery market by the end of 2023. On the other hand, the Asia Pacific market for enhanced oil recovery
is anticipated to lose significant share throughout the forecast period.
Transparency Market Research
2
Enhanced Oil Recovery (EOR) Market
The leading players active in the global EOR market include Cenovus Energy Inc., ExxonMobil Corporation,
Petronas, Statoil ASA, BP Plc, ConocoPhillips, Chevron Corporation, Anadarko Petroleum Corporation, and
Royal Dutch Shell Plc. Detailed profiles of these players have been covered in the research report.
Key Segments of the Global Enhanced Oil Recovery Market:
Global Enhanced Oil Recovery Market, by Technology
•
Thermal
•
Gas
•
Chemical
Global Enhanced Oil Recovery Market, by Geography
•
North America
•
Europe
•
Asia Pacific
•
Rest of the World (RoW)
Download the Enhanced Oil Recovery (EOR) Industry Fact Sheet by 2023 @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1066
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Research scope
Transparency Market Research
3
Enhanced Oil Recovery (EOR) Market
1.3 Market segmentation
1.4 Research methodology
Chapter 2 Executive Summary
Chapter 3 Enhanced Oil Recovery Market – Industry Analysis
3.1 Introduction
3.2 Market Drivers
3.2.1 Growing oil demand and imports in Asia Pacific region
3.2.2 Depleting oil reserves
3.3 Market Restraints
3.3.1 Technical, cost and operational challenges
3.4 Market Opportunities
3.4.1 Increasing oil production in the Middle East using EOR
3.4.2 Increase in usage of solar EOR process
3.5 Value Chain Analysis
3.6 Porters Five Forces Analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat from substitutes
3.6.4 Threat of new entrants
3.6.5 Degree of competition
Transparency Market Research
4
Enhanced Oil Recovery (EOR) Market
3.7 Market Attractiveness Analysis
Chapter 4 Enhanced Oil Recovery Market - Technology Analysis
4.1 Enhanced oil recovery market: Technology overview
4.1.1 Global enhanced oil recovery market volume share, by technology, 2012 and 2023
4.2 Thermal EOR
4.2.1 Global thermal enhanced oil recovery market volume, 2012 – 2023, (Million Barrels)
4.3 Gas Injection EOR
4.3.1 Global gas injection enhanced oil recovery market volume, 2012 – 2023, (Million Barrels)
4.4 Chemical EOR
4.4.1 Global chemical enhanced oil recovery market volume, 2012 – 2023, (Million Barrels)
Chapter 5 Enhanced Oil Recovery Market: Regional Analysis
5.1 Global enhanced oil recovery market: Regional analysis
5.1.1 Global enhanced oil recovery market volume share, by geography, 2012 and 2023
5.2 North America
5.2.1 North America enhanced oil recovery market estimates and forecast, 2012 – 2023 (Million
Barrels) (USD Billion)
5.2.2 North America enhanced oil recovery market, by technology, 2012 – 2023 (Million Barrels)
5.3 Europe
5.3.1 Europe enhanced oil recovery market estimates and forecast, 2012 – 2023 (Million Barrels) (USD
Billion)
Transparency Market Research
5
Enhanced Oil Recovery (EOR) Market
5.3.2 Europe enhanced oil recovery market, by technology, 2012 – 2023 (Million Barrels)
5.4 Asia Pacific
5.4.1 Asia Pacific enhanced oil recovery market estimates and forecast, 2012 – 2023 (Million Barrels)
(USD Billion)
5.4.2 Asia Pacific enhanced oil recovery market, by technology, 2012 – 2023 (Million Barrels)
5.5 Rest of the World (RoW)
5.5.1 RoW enhanced oil recovery market estimates and forecast, 2012 – 2023 (Million Barrels) (USD
Billion)
5.5.2 RoW enhanced oil recovery market, by technology, 2012 – 2023 (Million Barrels)
Chapter 6 Company Profiles – Enhanced Oil Recovery
6.1 Anadarko Petroleum Corporation
6.1.1 Company overview
6.1.2 Financial overview
6.1.3 Business strategy
6.1.4 SWOT analysis
6.1.5 Recent developments
6.2 BP Plc
6.2.1 Company overview
6.2.2 Financial overview
6.2.3 Business strategy
6.2.4 SWOT analysis
Transparency Market Research
6
Enhanced Oil Recovery (EOR) Market
6.2.5 Recent developments
6.3 Cenovus Energy Inc.
6.3.1 Company overview
6.3.2 Financial overview
6.3.3 Business strategy
6.3.4 SWOT analysis
6.3.5 Recent developments
6.4 Chevron Corporation
6.4.1 Company overview
6.4.2 Financial overview
6.4.3 Business strategy
6.4.4 SWOT analysis
6.4.5 Recent developments
6.5 ConocoPhillips
6.5.1 Company overview
6.5.2 Financial overview
6.5.3 Business strategy
6.5.4 SWOT analysis
6.5.5 Recent developments
6.6 ExxonMobil Corporation
6.6.1 Company overview
6.6.2 Financial overview
Transparency Market Research
7
Enhanced Oil Recovery (EOR) Market
6.6.3 Business strategy
6.6.4 SWOT analysis
6.6.5 Recent developments
6.7 OAO Lukoil
6.7.1 Company overview
6.7.2 Financial overview
6.7.3 Business strategy
6.7.4 SWOT analysis
6.7.5 Recent developments
6.8 Petronas
6.8.1 Company overview
6.8.2 Financial overview
6.8.3 Business strategy
6.8.4 SWOT analysis
6.8.5 Recent developments
6.9 Royal Dutch Shell Plc
6.9.1 Company overview
6.9.2 Financial overview
6.9.3 Business strategy
6.9.4 SWOT analysis
6.9.5 Recent developments
6.10 Statoil ASA
Transparency Market Research
8
Enhanced Oil Recovery (EOR) Market
6.10.1 Company overview
6.10.2 Financial overview
6.10.3 Business strategy
6.10.4 SWOT analysis
6.10.5 Recent developments
Chapter 7 Company Profiles – Surface Steam Generation
7.1 Clayton Industries
7.1.1 Company overview
7.1.2 Product Portfolio
7.1.3 Financial overview
7.1.4 Business strategy
7.1.5 SWOT analysis
7.2 Hamon Deltak Inc.
7.2.1 Company overview
7.2.2 Product Portfolio
7.2.3 Business strategy
7.2.4 SWOT analysis
7.2.5 Recent developments
7.3 Innovative Steam Technologies (IST)
7.3.1 Company overview
7.3.2 Product Portfolio
Transparency Market Research
9
Enhanced Oil Recovery (EOR) Market
7.3.3 Financial overview
7.3.4 Business strategy
7.3.5 SWOT analysis
7.3.6 Recent developments
7.4 Nooter/Eriksen
7.4.1 Company overview
7.4.2 Product Portfolio
7.4.3 Business strategy
7.4.4 SWOT analysis
7.4.5 Recent Developments
7.5 Premier Energy Inc.
7.5.1 Company overview
7.5.2 Product Portfolio
7.5.3 Business strategy
7.5.4 SWOT analysis
7.5.5 Recent developments
7.6 The Babcock & Wilcox Company (BWC)
7.6.1 Company overview
7.6.2 Product Portfolio
7.6.3 Financial overview
7.6.4 Business strategy
7.6.5 SWOT analysis
Transparency Market Research
10
Enhanced Oil Recovery (EOR) Market
7.6.6 Recent developments
7.7 The En-Fab Inc.
7.7.1 Company overview
7.7.2 Product Portfolio
7.7.3 Business strategy
7.7.4 SWOT analysis
7.7.5 Recent developments
7.8 Vogt Power
7.8.1 Company overview
7.8.2 Product Portfolio
7.8.3 Business strategy
7.8.4 SWOT analysis
7.8.5 Recent developments
Browse Report with Full TOC at : http://www.transparencymarketresearch.com/enhanced-oilrecovery.html
About Us
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
business offerings represent the latest and the most reliable information indispensable for businesses to
sustain a competitive edge.
Transparency Market Research
11
Enhanced Oil Recovery (EOR) Market
Contact
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Transparency Market Research
12