Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted otherwise.
EOR production is considered as a project in itself and requires a large number of equipment and packages. Studies, pilot projects, engineering design, equipment procurement, feedstock planning, drilling and other materials, play important role in EOR projects. Upfront capital costs in EOR projects are significant. Each link is very complicated, so it is difficult to calculate all the income generated by the EOR project. In addition, because some expenditures come from the oilfield developers themselves, this part of revenue is considered as the operating costs of the oilfield developers themselves. It is therefore necessary to explain the scope of the data reported.
The global market for Enhanced Oil Recovery was estimated to be worth US$ 3767 million in 2023 and is forecast to a readjusted size of US$ 5103.8 million by 2030 with a CAGR of 4.4% during the forecast period 2024-2030
The industry's leading producers are Linde Group, Air Liquid and PetroChina Daqing, with revenues of 36.29%, 11.60% and 11.30% respectively in 2019.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Enhanced Oil Recovery, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Enhanced Oil Recovery by region & country, by Type, and by Application.
The Enhanced Oil Recovery market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Enhanced Oil Recovery.
Market Segmentation
By Company
Linde Group
Air Liquid
PetroChina Daqing
Air Products
SNF Group
Bejing Hengju
BASF
Nalco Champion
Shandong Polymer Bio-chemicals
Stepan
Schlumberger
Kemira
Solvay
Segment by Type:
CO2 Enhanced Oil Recovery
Nitrogen Enhanced Oil Recovery
Polymer Flooding
Surfactant Flooding
Alkaline Flooding
Micellar Flooding
Others
Segment by Application
Onshore
Offshore
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Enhanced Oil Recovery manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Enhanced Oil Recovery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Enhanced Oil Recovery in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Enhanced Oil Recovery Product Introduction
1.2 Global Enhanced Oil Recovery Market Size Forecast
1.3 Enhanced Oil Recovery Market Trends & Drivers
1.3.1 Enhanced Oil Recovery Industry Trends
1.3.2 Enhanced Oil Recovery Market Drivers & Opportunity
1.3.3 Enhanced Oil Recovery Market Challenges
1.3.4 Enhanced Oil Recovery Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Enhanced Oil Recovery Players Revenue Ranking (2023)
2.2 Global Enhanced Oil Recovery Revenue by Company (2019-2024)
2.3 Key Companies Enhanced Oil Recovery Manufacturing Base Distribution and Headquarters
2.4 Key Companies Enhanced Oil Recovery Product Offered
2.5 Key Companies Time to Begin Mass Production of Enhanced Oil Recovery
2.6 Enhanced Oil Recovery Market Competitive Analysis
2.6.1 Enhanced Oil Recovery Market Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Enhanced Oil Recovery Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Enhanced Oil Recovery as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 CO2 Enhanced Oil Recovery
3.1.2 Nitrogen Enhanced Oil Recovery
3.1.3 Polymer Flooding
3.1.4 Surfactant Flooding
3.1.5 Alkaline Flooding
3.1.6 Micellar Flooding
3.1.7 Others
3.2 Global Enhanced Oil Recovery Sales Value by Type
3.2.1 Global Enhanced Oil Recovery Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Enhanced Oil Recovery Sales Value, by Type (2019-2030)
3.2.3 Global Enhanced Oil Recovery Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Onshore
4.1.2 Offshore
4.2 Global Enhanced Oil Recovery Sales Value by Application
4.2.1 Global Enhanced Oil Recovery Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Enhanced Oil Recovery Sales Value, by Application (2019-2030)
4.2.3 Global Enhanced Oil Recovery Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Enhanced Oil Recovery Sales Value by Region
5.1.1 Global Enhanced Oil Recovery Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Enhanced Oil Recovery Sales Value by Region (2019-2024)
5.1.3 Global Enhanced Oil Recovery Sales Value by Region (2025-2030)
5.1.4 Global Enhanced Oil Recovery Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Enhanced Oil Recovery Sales Value, 2019-2030
5.2.2 North America Enhanced Oil Recovery Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Enhanced Oil Recovery Sales Value, 2019-2030
5.3.2 Europe Enhanced Oil Recovery Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Enhanced Oil Recovery Sales Value, 2019-2030
5.4.2 Asia Pacific Enhanced Oil Recovery Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Enhanced Oil Recovery Sales Value, 2019-2030
5.5.2 South America Enhanced Oil Recovery Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Enhanced Oil Recovery Sales Value, 2019-2030
5.6.2 Middle East & Africa Enhanced Oil Recovery Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Enhanced Oil Recovery Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Enhanced Oil Recovery Sales Value
6.3 United States
6.3.1 United States Enhanced Oil Recovery Sales Value, 2019-2030
6.3.2 United States Enhanced Oil Recovery Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Enhanced Oil Recovery Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Enhanced Oil Recovery Sales Value, 2019-2030
6.4.2 Europe Enhanced Oil Recovery Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Enhanced Oil Recovery Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Enhanced Oil Recovery Sales Value, 2019-2030
6.5.2 China Enhanced Oil Recovery Sales Value by Type (%), 2023 VS 2030
6.5.3 China Enhanced Oil Recovery Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Enhanced Oil Recovery Sales Value, 2019-2030
6.6.2 Japan Enhanced Oil Recovery Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Enhanced Oil Recovery Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Enhanced Oil Recovery Sales Value, 2019-2030
6.7.2 South Korea Enhanced Oil Recovery Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Enhanced Oil Recovery Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Enhanced Oil Recovery Sales Value, 2019-2030
6.8.2 Southeast Asia Enhanced Oil Recovery Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Enhanced Oil Recovery Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Enhanced Oil Recovery Sales Value, 2019-2030
6.9.2 India Enhanced Oil Recovery Sales Value by Type (%), 2023 VS 2030
6.9.3 India Enhanced Oil Recovery Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Linde Group
7.1.1 Linde Group Profile
7.1.2 Linde Group Main Business
7.1.3 Linde Group Enhanced Oil Recovery Products, Services and Solutions
7.1.4 Linde Group Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.1.5 Linde Group Recent Developments
7.2 Air Liquid
7.2.1 Air Liquid Profile
7.2.2 Air Liquid Main Business
7.2.3 Air Liquid Enhanced Oil Recovery Products, Services and Solutions
7.2.4 Air Liquid Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.2.5 Air Liquid Recent Developments
7.3 PetroChina Daqing
7.3.1 PetroChina Daqing Profile
7.3.2 PetroChina Daqing Main Business
7.3.3 PetroChina Daqing Enhanced Oil Recovery Products, Services and Solutions
7.3.4 PetroChina Daqing Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.3.5 Air Products Recent Developments
7.4 Air Products
7.4.1 Air Products Profile
7.4.2 Air Products Main Business
7.4.3 Air Products Enhanced Oil Recovery Products, Services and Solutions
7.4.4 Air Products Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.4.5 Air Products Recent Developments
7.5 SNF Group
7.5.1 SNF Group Profile
7.5.2 SNF Group Main Business
7.5.3 SNF Group Enhanced Oil Recovery Products, Services and Solutions
7.5.4 SNF Group Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.5.5 SNF Group Recent Developments
7.6 Bejing Hengju
7.6.1 Bejing Hengju Profile
7.6.2 Bejing Hengju Main Business
7.6.3 Bejing Hengju Enhanced Oil Recovery Products, Services and Solutions
7.6.4 Bejing Hengju Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.6.5 Bejing Hengju Recent Developments
7.7 BASF
7.7.1 BASF Profile
7.7.2 BASF Main Business
7.7.3 BASF Enhanced Oil Recovery Products, Services and Solutions
7.7.4 BASF Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.7.5 BASF Recent Developments
7.8 Nalco Champion
7.8.1 Nalco Champion Profile
7.8.2 Nalco Champion Main Business
7.8.3 Nalco Champion Enhanced Oil Recovery Products, Services and Solutions
7.8.4 Nalco Champion Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.8.5 Nalco Champion Recent Developments
7.9 Shandong Polymer Bio-chemicals
7.9.1 Shandong Polymer Bio-chemicals Profile
7.9.2 Shandong Polymer Bio-chemicals Main Business
7.9.3 Shandong Polymer Bio-chemicals Enhanced Oil Recovery Products, Services and Solutions
7.9.4 Shandong Polymer Bio-chemicals Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.9.5 Shandong Polymer Bio-chemicals Recent Developments
7.10 Stepan
7.10.1 Stepan Profile
7.10.2 Stepan Main Business
7.10.3 Stepan Enhanced Oil Recovery Products, Services and Solutions
7.10.4 Stepan Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.10.5 Stepan Recent Developments
7.11 Schlumberger
7.11.1 Schlumberger Profile
7.11.2 Schlumberger Main Business
7.11.3 Schlumberger Enhanced Oil Recovery Products, Services and Solutions
7.11.4 Schlumberger Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.11.5 Schlumberger Recent Developments
7.12 Kemira
7.12.1 Kemira Profile
7.12.2 Kemira Main Business
7.12.3 Kemira Enhanced Oil Recovery Products, Services and Solutions
7.12.4 Kemira Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.12.5 Kemira Recent Developments
7.13 Solvay
7.13.1 Solvay Profile
7.13.2 Solvay Main Business
7.13.3 Solvay Enhanced Oil Recovery Products, Services and Solutions
7.13.4 Solvay Enhanced Oil Recovery Revenue (US$ Million) & (2019-2024)
7.13.5 Solvay Recent Developments
8 Industry Chain Analysis
8.1 Enhanced Oil Recovery Industrial Chain
8.2 Enhanced Oil Recovery Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Enhanced Oil Recovery Sales Model
8.5.2 Sales Channel
8.5.3 Enhanced Oil Recovery Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Linde Group
Air Liquid
PetroChina Daqing
Air Products
SNF Group
Bejing Hengju
BASF
Nalco Champion
Shandong Polymer Bio-chemicals
Stepan
Schlumberger
Kemira
Solvay
*If Applicable.